The AI bubble is the only thing keeping the US economy together, Deutsche Bank warns: When the bubble bursts, reality will hit far harder than anyone expects https://www.techspot.com/news/109626-ai-bubble-only-thing-keeping-us-economy-together.html

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The AI bubble is the only thing keeping the US economy together, Deutsche Bank warns

According to a research note recently sent to clients by Deutsche Bank, the AI boom is currently helping the US economy avoid a recession but it cannot...

TechSpot
@nixCraft on one hand, this is obvious; on the other, when Deutsche Bank says it, I'm immediately sceptical

@IncredibleLaser @nixCraft

Yeah this is how I feel too. If Deutsche Bank told me that the sky is blue I would check out the window to make sure.

@Canning1452 https://en.wikipedia.org/wiki/Deutsche_Bank#Controversies

"Deutsche Bank in general as well as specific employees have frequently figured in controversies and allegations of deceitful behavior or illegal transactions […] According to the New Yorker, Deutsche Bank has long had an "abject" reputation […] More than half of all suspicious transactions involving major banks in the FinCEN files leaks involved Deutsche Bank"

they're just the sketchiest

Deutsche Bank - Wikipedia

@IncredibleLaser @Canning1452 Didn't they prop up the orange dictator through Russian-underwritten loans at some point, or am I misremembering?
@eaterofsnacks @Canning1452 it's right in the link I posted
@IncredibleLaser @Canning1452 wait, we're supposed to follow links before inventing an opinion? 😁