Not exactly "all it took"; fiat currency is the real culprit & the global debt bubble was going to carry on indefinitely... until #BTC came along & broke the cycle, but you gotta play this all out logically. What do you think will happen when investors start to realize P/E ratios are simply a speculative bubble index at the exact moment that #Bitcoin is aggressively repricing everything in existence? 💁‍♂️

Someone has to realize the loss of the debt bubble popping & the rugging of the AI/tech companies is simply one of the final straws that will break the camel's back. 🐪

The gaps between real-world & perceived values of the US tech companies (and most other sectors) is astronomical & accounts for the lion's share of capital markets, but it's all speculation in the attempt to store value. The creation of #BTC as a universal ruler for valuation makes the entire stock/bond/speculative market completely null & void. 🤷‍♂️

The continued outperformance of #BTC over time means it will convert all speculation into actual value storage & that in turn sends EVERY company's P/E to a zero equilibrium (because you don't gamble when you have a guaranteed win). The higher the current P/E of a company, the bigger the crater that'll be left when the global speculative/debt bubble pops & it all comes crashing back down to Earth. ☄️

Sorry, I don't make the rules, I just report them. 🤙

Current US Big #Tech P/E Ratios:

AMD: 952.2

Tesla: 113.0

Netflix: 96.0

Nvidia: 61.1

Meta: 60.6

Amazon: 49.7

Adobe: 39.3

Google: 38.6

Apple: 37.4

Microsoft: 35.5

Qualcomm: 26.3

Texas Instruments: 23.1

HP: 13.7