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RE: Is the war with Iran a Black Swan event?

in Actifit4 days ago

The financial markets are looking bleak in the short-term. I was hoping to see a slight bump this summer if Congress could get their act together and finally pass some kind of crypto regulatory framework but the situation in Iran may overshadow all of that. Hopefully the war winds down quickly, even if it does it's looking like it'll be a lean summer.

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Yeah, it seems that the war is going to trigger a major downturn... It's going to be hard to just say mission acoumplished and ground operation could turn into a major disaster. And investors are just starting to realize this and once they do I fear that a crash is going to be worse than what we saw in 2008.

Unfortunately it seems like things are lining up that way—the housing market is set for a major collapse. I fear what might happen to the tech industry if investment starts to dry up. It could give other countries the edge on AI development.