• Jesus_666@lemmy.world
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    2 days ago

    Crashing the economy lets them buy companies for cheap so they’ll concentrate even more wealth onto themselves when the economy rebounds.

    • Bronzebeard@lemm.ee
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      2 days ago

      Hitting the tech sector harder than everything else will remove their ability to leverage their own tech businesses to buy up others.

      • Jesus_666@lemmy.world
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        2 days ago

        Depends on how much of their money is liquid or in non-tech assets. It doesn’t matter that the tech sector gets hit the hardest if they’re certain that they can get it to bounce back by the time they’ve bought out companies in other sectors.

        • Bronzebeard@lemm.ee
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          2 days ago

          The answer to that is very little of it. Their networth is due to their ownership of these stocks. If the value of these stocks dip more than others (and due to the AI craze, they are more inflated than even other tech stocks), they lose collateral to borrow against (this is how musk bought Twitter).