this post was submitted on 21 Jul 2026
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[–] neuracnu@lemmy.blahaj.zone 56 points 2 days ago* (last edited 2 days ago) (3 children)

We’re all witnessing a terrifying game of musical debt. At some point the music is going to stop.

[–] MunkyNutts@lemmy.world 8 points 2 days ago

And the chair gets pulled out and the public is left on their ass with the debt. Privatize profits, socialized losses.

[–] massacre@lemmy.world 19 points 2 days ago (1 children)

Theor goal is to make sure retail 401ks don't get the last seat.

[–] explodicle@sh.itjust.works 6 points 2 days ago (1 children)

It's absolutely crazy to me how many people are investing their 401ks in AI. If you're gonna gamble away your savings on tech bros, then there's a much better investment...

[–] Jakeroxs@sh.itjust.works 5 points 2 days ago

As if most people self-manage their 401ks, it's almost always managed by the holding company unless someone does a PCRA or something along those lines.

[–] TranquilTurbulence@lemmy.zip 2 points 1 day ago

Isn’t that exactly like buying houses in 2008?