You're not breaking anything to me. I deliberately phrased it as "directly immune" because I have no financial stake in AI-related companies. Obviously a debt-bomb of any type imploding reverberates across the economy.
so zero exposure to any popular index? Even “ex-US” is tsmc and sk-hynix in a trenchcoat. I think it was BHP exclaiming that theyre an AI play because they cover 85% of the raw materials in DC build outs.
In the current mania “no financial stake in AI-related” is a very bold claim.
Of course, this doesn't insulate you from second- or third-order effects, but it does remove the possibility of your money being immediately wiped out. It's really not as bold or crazy as you say it is.
If you are young, impact is less scary because you still have 20, 30 or 40 years for the market to go back up.
Are you aware of the existence of other countries which do not operate like the US? (no mandatory pension fund, etc.)
The financial crash that will happen as the result of the AI speculation bubble popping will be the exact same. You won't see Altman or Dario on the streets, that's for sure.