And the #1 of a bubble is that the institutions of society will not allow it to crash in a way that harms those investors - just the rest of us. When the bubble pops, I doubt prices will go down or the excess supply will be for sale.
If they allow it to crash at all. They might artificially prop it up with government intervention, like they did in 2008-2010.
Agree. They would rather destroy working equipment instead of lowering the prices. Unless there is competition. So expect no price cuts from Nvidia. Everything else will be tried to sell to gain advantage.
Congrats, you finally understand what a “bubble” is.
And the #1 of a bubble is that the institutions of society will not allow it to crash in a way that harms those investors - just the rest of us. When the bubble pops, I doubt prices will go down or the excess supply will be for sale.
If they allow it to crash at all. They might artificially prop it up with government intervention, like they did in 2008-2010.
Agree. They would rather destroy working equipment instead of lowering the prices. Unless there is competition. So expect no price cuts from Nvidia. Everything else will be tried to sell to gain advantage.
Grapes of Wrath. Burning oranges rather than sell them cheap.