The Slop Bubble (Pyramid Scheme) is Becoming Bigger and Everyone Should be Terrified (Its Implosion Will Cause More Damage)
Last week: Worse Than "Taking Your Job", the Slop Pyramid Scheme Will "Take Your Pension"
Back in May someone who goes by the name "codeDude" mentioned this clock for slop losses. We took a look and it said 1.4 trillion dollars in losses. Today it says 1.5 trillion dollars in losses, so instead of finding a way back (to pay back the debt) they are sinking further and deeper.
This is the current snapshot:
Japanese reporting has since then shown that GAFAM (and few others) sank into 1.6 trillion dollars of secret debt (which they hide in order to pretend things are OK).
If this is not the composition of a bubble, what is? Clearly they continue to lose more and more money, there's no plan for a turnaround. █