A Podcast Dedicated to combating One Dimensional Thought using knowledge from Political Economy, Critical Theory, Philosophy, History, Culture, and Society. Your boss makes a dollar, you make a dime, so that's why you listen to 1Dime Radio on company time.
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episode 25: The Coming Tech Bubble
Cryptocurrency is filled with ponzi schemes, but so is the entire tech sector. Chris from the Beyond Binary Thinking Podcast joins me to talk about how Silicon Valley is filled with faux utopian lies, Ponzi schemes, and marketing myths of "innovation." We discuss the current stock market crash, the 2008 financial crash, the dot-com bubble, and whether or not the current tech bubble will burst.
Chris has first-hand experience in the tech sector as the Co founder of a successful software company, which is why he's talking with me today about why he believes we're in a tech bubble that's about to burst. Chris is host of the podcast Beyond Binary Thinking, exploring the nuance beyond the debates in politics, philosophy and economics.
You can find the Beyond Binary Thinking Podcast here: https://youtu.be/mezZsfkj55k
The stock market is crashing, the cryptocurrency market is crashing, and many companies are on the verge of collapse following the Federal Reserve deciding to raise interest rates. With a fragile economy fueled on private debt, a raise in interest rates is enough to collapse the market like a house of cards. Or is it? Could the state keep propping up this bubble economy with central bank money? Let us know what you think!
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