Money & Economics

Is it a good thing that one man who has a history of not thinking things through and having to routinely go back on them has this much control of capital markets?


Weekend Markets, Crypto Soar After Trump Addresses "Highly Respected President Xi"​


The hurt was felt worldwide...sometimes I think Trump should shut his mouth and think he is just on another rant but since China felt his words and I think it is this type of power that gets things done so I am going to step back and watch the show.
What do I know, I don't even gamble in the Markets...

Kinda like a bee sting, a slight prick felt but it won't kill you and will heel with time...well unless you are allergic to bees...:)
 
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Those who were involved in or invested in the Internet back in 1999-2000 will get this..

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Dave: "So let me get this straight. You spent $40B on AI infrastructure last year."

Caller: "Yes, Dave."

Dave: "And the AI division generates how much revenue?"

Caller: "Well... we don't break that out separately."

Dave: "So basically zero."

Caller: "We prefer to call it 'long-term strategic investment.'"

Dave: "Right. But your stock is up 60% this year."

Caller: "Correct."

Dave: "Because you promised Wall Street that AI will eventually make money."

Caller: "...Yes."

Dave: "Okay. Thanks for calling in, Mark."
 
There's a good counter argument to eliminating a coin just because it costs more to make than its face value. That argument is that the coin is very durable and will be used over and over thousands of times, and its value in facilitating transactions far overshadows the cost of producing it.