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Boosted by jwz:
mastodonmigration@mastodon.online ("Mastodon Migration") wrote:
Since the 1990s every tech wave has been a pump and dump bubble laying the groundwork for the next pump and dump bubble. The staggering inefficiency of such a Ponzi economy, channelling capital into mega-billionaires pockets instead of productive growth is why China is rolling out 400 kph mag lev trains while we are shoveling brain dead software into toasters.