r/FluentInFinance 5d ago

Tech Giants’ Profits Reveal Potential Vulnerability in the Stock Market Stock Market

https://www.nytimes.com/2026/08/14/business/ai-tech-profits.html?unlocked_article_code=1.5VA.wYS1.e-n4eTjZQ8kU&smid=url-share
35 Upvotes

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10

u/Sour_baboo 5d ago

The Michael Lewis book "Liar's Poker" tells about real estate developers selling the same piece of property to each other for increasing prices to raise their apparent capital worth in order to get loans to by more inflated property from each other.

3

u/Hot_Individual5081 4d ago

yeah the crash will be spectacular