American Economics Thread

Michaelsinodef

Senior Member
Registered Member
Seems like the US mischief and incompetence could lead to another financial crisis brought upon the world by Americans.
Well, there's like 'boom and bust' cycles in capitalist countries. In ways, every time a 'bust' happens, a number of of 'bad' companies will go down which will help the economy.

But that's not completely what happened in the 2008 lol. "Too big to fail" afterall lol.

As such, I think the next 'bust' is gonna be bigger than the 08 one, and it's gonna hit the US hard, especially hard (probably gonna end US dollar as world reserve currency).
 

Overbom

Brigadier
Registered Member
Well, there's like 'boom and bust' cycles in capitalist countries. In ways, every time a 'bust' happens, a number of of 'bad' companies will go down which will help the economy.

But that's not completely what happened in the 2008 lol. "Too big to fail" afterall lol.

As such, I think the next 'bust' is gonna be bigger than the 08 one, and it's gonna hit the US hard, especially hard (probably gonna end US dollar as world reserve currency).
Normally the "bust" or "recession" cycle happening once in a while is not a bad thing because it helps drive out unproductive companies and thus freeing capital and labour to flow to more productive companies.

Instead what is happening in recent years is that the US government interfering too much and thus breaking the normal cycle.

This doesn't help anyone but the unproductive companies who keep recieving subsidies and policy support. There are other "benefits" of recession but they would take a long post to explain properly

Would be nice to have back @Gatekeeper to explain this indepth

TLDR: Paradoxically, recession is good when it happens periodically and it is not distorted by crony governments
 

gadgetcool5

Senior Member
Registered Member

Samsara Files for IPO in Record Year for U.S. Software Listings​

So far this year, 80 software companies have raised $36 billion in IPOs on U.S. exchanges, eclipsing the previous record of $20 billion in 2020, according to data compiled by Bloomberg. Two of this year’s newly public companies, Playtika Holding Corp. and AppLovin Corp., raised $2 billion or more in their listings.

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FairAndUnbiased

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Registered Member

Samsara Files for IPO in Record Year for U.S. Software Listings​

So far this year, 80 software companies have raised $36 billion in IPOs on U.S. exchanges, eclipsing the previous record of $20 billion in 2020, according to data compiled by Bloomberg. Two of this year’s newly public companies, Playtika Holding Corp. and AppLovin Corp., raised $2 billion or more in their listings.

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But if you believe in these uh... innovative powerhouses...
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I mean
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