Not even a quick end to Iran war can save #AI #stock #bubble now
"Te #AIbubble is only te latest fin'cial bubble since #Greenspan took over #USFed in 1987. He made it his job to prop up stressed financial markets w liquidity. It biased US #monetary #policy twds inflating asset mkts. When #Greenspanbubble popped in 2008, Bernanke intro'ed US$4tr of #QE. In 2020, when #Covid19 pandemic threatened te #Bernankebubble, Powell intro'ed US$4tr more QE, paving way for AI bubble"🤫
https://www.scmp.com/opinion/world-opinion/article/3353772/not-even-quick-end-iran-war-can-save-ai-stock-bubble-now?module=perpetual_scroll_0&pgtype=article