CounterPunch | Emilipothèse
When the bubble does burst it will take at least a third of the stock market with it. While it is a fact that the great majority of stocks are owned by the wealthiest people (the wealthiest 1 percent own more than the bottom 90 percent combined), plenty of other people will see their retirement accounts negatively affected. Past bubble manias, such as the 19th-century British railroad bubble at least left behind useful infrastructure. It is difficult to see what other uses there can be for all these data centers, the opposition to which has united Americans like nothing else in recent times.