Saturday, December 14, 2024

Tag: Big Tech “Capitalism” = Central Planning and “Free Markets” are a Myth as the U.S. Financial Crash is Imminent

Big Tech “Capitalism” = Central Planning and “Free Markets” are a Myth as the U.S. Financial Crash is Imminent

by Brian Shilhavy, Health Impact News:

We are seeing the collapse of the U.S. financial system drawing closer and closer each day.

Last year, the only thing that supported the U.S. financial system and stopped it from completely collapsing, was investment into AI and the 7 technology stocks, referred to as the “Magnificent 7”.

Today, as we head into the last couple of weeks of the First Quarter in 2024, many of those “Magnificent 7” stocks are beginning to fall back from the AI bubble created in 2023, and there is now really only one of these stocks that has been basically stopping a full stock market crash, Nvidia, the leading manufacturer for the power-hungry computer processors needed to run AI.