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• @Jirikiha@raphus.social 2026-10-10 22:37

  @flup@mastodon.scot @FluentInFinance@mastodon.social if I see an object on the road, I know to slow down, do a lane change, and avoid damage to my car and self. I feel like I'm seeing the equivalent in the economy, but don't know the steps to take to protect my assets, livelihood, and family. If I could change one thing, it would be the dastardly philosophy that homes are investments. You want investments to climb in value. That's destructive in a home. Homes should get cheaper (slowly) - that way more people can afford them! A friend says the P/E ratios show we're not in a bubble like the dot-coms, but the circular financing of AI propping up the market has me worried. If the AI market fails, it may take enough people with it to cause a cascade failure like 2008.

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