If We End Up In A Recession

[gab13by13]

hear me out, the stock market may still be just fine.

My favorite msnbc cable news anchor was Dylan Ratigan, he was travelling across the country exposing crony capitalism, the big wheels didn't like that so they fired him.

The economic gurus claim we are headed for stagflation, I believe we are in crony capitalism right now. Before a company hires a CEO it will have to check with Krasnov. Before a corporation makes any significant business decision it will have to check with Krasnov.

The reason the market is up so much now is because of AI. When corporations are having trouble making their bottom lines, the first thing they do is fire people and the market loves it.

AI is going to cut millions of jobs when fully implemented, the market will love it.

Horse and Sparrow economics is here, the rich will get richer and the poor will get poorer and the market will love it.

Small businesses will shut down to cause more monopolies and the market will love it.

The super rich make more money during a recession.

Crony capitalism is here, now, corporations will bend a knee to Krasnov or pay the price.

[mahina]

1. Can't disagree with your post, but I have to say if we end up in a recession weʻll be lucky

Last edited Tue Aug 12, 2025, 01:53 AM - Edit history (1)

[Dave says]

3. "End Up in a session" -- did you mean

“End up in a recsession”??

[mahina]

6. Dang

Yes
Thank you

[Silent Type]

2. Seems to me very few profit from recessions and high unemployment, even most of the super rich.

[H2O Man]

4. If?

(Recommended.)

May those on Wall Street suffer the most. My concern is with those already having trouble making ends meet.

[Dan]

5. Sadly, if we JUST end up with a recession

I'll feel that we've been lucky.

[angrychair]

7. Could not disagree more

I hear from the right and I hear it from the left and no matter who says it or how many times they say it, still doesn't make any sense.
Reminds me of this video in which Ben Shapiro talking about climate change and sea levels rising and Shapiro says people living on the coast will just sell their homes and I guy chops his way through a wall to say "who are they going to sell their homes too Ben, Aquaman?"

I say that story to illustrate the point that if companies go to AI and robots and fire millions of people to grow their companies and become even richer, my question is "how?" Who is buying their stuff? Companies have to sell shit to become wealthy. If we fire millions of people, especially poor and middle class people, how do rich people stay rich?!?
If we throw out all the immigrants and make it too hard or too expensive to go to college because they want people dumb and compliant, who is going to make shit? Maintain shit? Invent shit? Its the whole reason why a movie like "Idiocracy" is funny, if not completely unrealistic. A society anywhere near that stupid would have collapsed long before that guy woke up to be "the smartest man on Earth ".

I'm not saying it's not their goal but it has significant diminishing returns issues.

Its not like the industrial revolution. We aren't retraining people in New technologies and processes. They are just firing people.

So what is their long term plan because beyond just replacing people with AI and robots, I haven't heard how that works out, long term, for anyone.

[flamingdem]

9. Universal Basic Income

is talked about but more likely a lower class that does menial jobs and struggles and a middle class for show. I wonder also what the goal is here. Maybe it's in Project 2025.

[angrychair]

10. Don't see it being UBI

They are literally strangling our country to death and I cannot see any other valid reason than the "just to see if they could" excuse as the only possible explanation.

Some of them aren't even US born citizens but immigrants themselves. They have no more interest in America except as a means to an end. Their benefit.
They literally want to build the actual dystopian hell that has been the backdrop for hundreds of science fiction novels: sprawling corporate owned city-states made up of a handful of giant mega corporations that literally run everything.

[stillspkg]

8. The High Cost of Not Caring

I couldn't agree more.
There is a high cost of not caring about anything or anyone besides yourself. I've long thought that this ruling regime won't want to live in the world they are creating.

[fujiyamasan]

11. The stock market is a trialing indicator

While some companies may be better suited to withstand overall economic turmoil (Microsoft, meta, nvidia, etc that have been at the forefront of everything AI), we’re already seeing earnings for smaller cap tech companies fall short of expectations. I think we’ll get an idea if we’re in a AI bubble over the next month or so. As it is, much of the growth in The S&P 500 comes from a select few companies, and historically September isn’t a great month anyways. If CPI numbers aren’t great, there’s only so much pumping that can happen (unless Trump gets a new Fed to lower rates providing another short term bump).

Ultimately, it can only go on so long. Larger enterprise companies depend on customers both large and small. Smaller companies especially won’t invest in AI products unless they’re seeing real tangible benefits (increased productivity, efficiency, etc leading to increased profits). In the end they may do what they often do — lay off employees and simply add more work to those surviving layoffs. Maybe they will invest in some AI products, but there’s still a gap in terms of domain specific products that will take time. They may simply rely more on in house talent to build tools, relying on AI in a more limited sense.

We’re just seeing the “low hanging fruit” get impacted now. We still haven’t seen the larger impact — yet.