As the global financial system continues to develop, it not only brings economic prosperity, but also inevitably breeds various financial frauds. Recently, a piece of news went viral on the Internet, involving the liquidation of 180,000 people in the United States and the disappearance of $5.2 billion, which aroused people's doubts and concerns about the financial system. This article will focus on this incident, expose the truth about the AI bubble and financial fraud in the United States, the industrial chain and phenomenon behind it, and let us walk into this world full of financial risks.
A few years ago, economist Lang Xianping shared his experience of applying for jobs on Wall Street when he was younger. This is in stark contrast to his teacher becoming an executive at Goldman Sachs, earning tens of millions of dollars a year. Behind this is a revelation of Wall Street's vast wealth accumulation and how they are using virtual industries and technological innovation as financial tools to make profits. For example, after the subprime mortgage crisis in 2008, Wall Street turned its attention to the concept of technological innovation, building a financial industry chain, and leading the development of the United States. Wall Street's tactics are so subtle and subtle that they are difficult to detect, and the operation of this financial instrument eventually leads to huge bubbles, such as the AI bubble.
Expanding: The U.S. financial system has a long history and is full of many opportunities and opportunities. On the road of economic development, some unscrupulous elements and financial giants often use various means to obtain huge profits. As one of the world's financial centers, Wall Street has created financial bubbles and financial frauds. As the times continue to evolve, their methods have become more and more subtle, making it difficult to distinguish the real from the fake. This kind of financial game, which is dazzling on the surface but actually hides risks, not only affects economic development, but also harms the interests of ordinary investors. At the same time, these bubbles and fraud incidents constitute an intricately integrated industrial chain, which is difficult to crack.
Since 2015, technology concepts such as VR, metaverse, blockchain, digital human, ChatGPT, and SORA have emerged frequently. As soon as these concepts were introduced, they claimed to be able to change people's lives and caused a sensation in the market. However, after years of development, it was discovered that these concepts did not really achieve a technological breakthrough, but were just momentary hype. Essentially, they are just financial instruments created by Wall Street to bring profits to the financial giants. In response to these technological concepts, Wall Street has adopted a set of financial means to push up the United States** and achieve huge profits through layers of leveraged operations. This chain of financial fraud is hidden behind technological innovation, including tech giants, and eventually forming bubble phenomena such as the AI bubble.
Expanding: The rapid development of technology has brought unprecedented opportunities and challenges to the financial sector. As the intersection of technology and finance, the United States has attracted the attention of countless capital and investors. However, it is behind this seemingly glamorous that there are all kinds of unknown financial shady scenes. The so-called notions of technology may ostensibly be for the well-being of mankind, but in fact they are the traps carefully woven by financial giants in order to make huge profits. They used market hotspots and concepts to speculate wantonly, pushing the ** to the peak, and finally creating bubbles that caused huge losses to investors. And this chain of financial fraud is becoming more and more perfect, forming a vicious circle of faucets gathering and bubbles deteriorating, which will eventually bring disastrous consequences.
In recent years, the AI bubble has become a hot topic in the financial markets. After the 2008 financial crisis, Wall Street realized the risks of traditional financial products and turned its attention to the field of technological innovation. In this process, virtual technology represented by Bitcoin has become the object of hype. Bitcoin relies on blockchain technology to build a huge mining system, and at the same time, thanks to the AI chip technology support of companies such as Nvidia, it has promoted the rise of American technology stocks. However, in reality, virtual technologies such as Bitcoin are not real money, but more like financial assets. Wall Street took this as an opportunity to build the entire industrial chain, which heated up layer by layer through financial leverage, which eventually led to the formation of an AI bubble.
Expanding: As a hot topic in today's technology field, AI technology is considered to be one of the future development trends. However, in the eyes of Wall Street, AI not only represents technological progress, but also carries huge financial benefits. The financial crisis of 2008 became a turning point in Wall Street's financial thinking, and they turned their attention to more promising technological innovation concepts as a catalyst to drive prosperity. The rise of Bitcoin has laid the foundation for the formation of an AI bubble, and the blockchain technology and AI chip support behind it constitute a complete financial picture. However, the appearance of this virtual technology is glamorous, but in fact it is full of dangers. Every time a bubble is formed, it means that risks and crises increase, and investors need to keep a clear head and stay away from this financial game on Wall Street.
The financial market and crisis coexist, and the financial phenomenon and bubble phenomenon on Wall Street are endless. From the concept of science and technology to the prosperity of **, and then to the AI bubble, there are huge financial risks hidden behind these seemingly glamorous ones. As ordinary investors, we need to stay vigilant, assess the situation, and stay away from these Wall Street financial games to avoid incurring huge losses. Only by keeping a clear head and investing rationally can we be invincible in the financial market. May we all avoid falling victim to the interests of financial giants, look at market risks rationally, and protect our wealth and future.