Re:Nasdaq plummets 4% into correction territory
by ChrisTrenkamp on Thursday November 05, 2026 @11:00PM
(#50387999)
The DNC is thinking about a "No AI Bailouts" bill:
https://democrats-financialservices.house.gov/news/documents...
I'm not going to comment on the AI bubble, nor if this bill would actually have an effect, but I think this certainly will have an effect on Wall Street's behavior.
Maybe you don't like the possibility of Wall Street planning on a bailout, but they are constantly doing that and they also plant stories / narratives in the media encouraging it and they likely whisper in the ears of their politicians that it will "help save the economy" or whatever the FUD of the day is.