this post was submitted on 20 Feb 2026
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[–] kingofras@lemmy.world 115 points 4 weeks ago (6 children)

It’s called Imaginary Economics.

It tends to happen right before a capitalist system fails.

[–] victorz@lemmy.world 58 points 4 weeks ago (2 children)

It tends to happen right before a capitalist system fails.

How often does this happen that we can claim this correlation? 🤔

[–] Venator@lemmy.nz 29 points 4 weeks ago (2 children)

About once every 350 years... With a sample size of 3... 😅

[–] victorz@lemmy.world 10 points 4 weeks ago

Better than no samples I guess!

[–] Cocodapuf@lemmy.world 4 points 4 weeks ago (1 children)

So you're saying which empires/systems exactly then?

Spain perhaps? The Holy Roman empire?

[–] Venator@lemmy.nz -1 points 3 weeks ago

I was averaging roman, British and Mongolian empires, based on Google AI summary, so take that with a pinch of salt 😅 🧂

[–] blah3166@piefed.social 18 points 4 weeks ago

Can I coin the term imagineomics?

[–] boatswain@infosec.pub 10 points 4 weeks ago

[citation needed]

[–] 1984@lemmy.today 8 points 4 weeks ago

When has this happened before?

[–] UnderpantsWeevil@lemmy.world 5 points 4 weeks ago (2 children)

I'm not holding my breath.

We've been hearing about an AI crash practically since the hype train started.

[–] vaultdweller013@sh.itjust.works 6 points 4 weeks ago

People can see the trends and see how it will probably break down in some way, the problem is that the market can stay irrational longer than we can stay solvent. It helps that these dipshits seem to have forgotten that money equals abstract resources and creating new resource issues that'll certainly put pressure on them in a more direct way either through legislation or via sabotage of required infrastructure.

[–] daddycool@lemmy.world 2 points 4 weeks ago

It's the biggest bubble seen to date. It has all the characteristics, and it will crash eventually.

[–] BreakerSwitch@lemmy.world 1 points 4 weeks ago

Is this a thing? Because what comes to mind for me is "the market can remain irrational longer than you can remain solvent," which just happens sometimes