Trump set to shackle US economy to failing AI industry
As we reported on 4 June, the AI bubble is inching ever closer to being popped. It may survive another week, however, because US president Donald Trump is talking about bailing out these failing AI companies: This is the most dangerous, anti-democratic thing he’s done yet. He’s using the federal government as a backstop to the greatest fraud of all time: the AI bubble, including the absurd IPOs of SpaceX, OpenAI & Anthropic. He will turn a crash into a depression. https://t.co/XOpvoLxjjW — Jim Stewartson, Decelerationist (@jimstewartson) June 6, 2026 It’s a move which runs the risk of shackling the US…
