@DudeWhoInvests Average US income ~= 64K
Median US income ~= 45k
The savings recommended benchmarks are:
8x income by 60
10x income by 67
Meaning the average person should have 500k invested by 60, the median is by 67
*Don't mention spending, don't mention spending*
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Under Trudeau, nominal GDP has grown by about 43% through 2023, potentially nearing 60% by late 2024, outpacing Harper’s 51%. However, real GDP growth is closer—Harper at 17.6%–24.4% versus Trudeau’s 15.7%–21.4%—with Harper slightly ahead annually (1.7%–2.5% vs. 1.69%–1.9%). Per capita, Harper’s 0.5% annual growth beats Trudeau’s 0.3%, as Trudeau’s economy has relied on population surges rather than broad-based prosperity. Both dealt with crises, but Harper’s growth was more sustainable per person, while Trudeau’s reflects higher spending and immigration-driven expansion. Final 2024–25 data could shift this slightly, but the trend favors Harper on real per capita terms.
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Aside from that, we now have a 50 Billion dollar deficit vs 3 Billion dollar deficit.
@iamtomnash Amazon selling books is not the largest revenue generator for it. But it put into place a system that would go on to what it is today. $TSLA creating a profitable EV while others say impossible is the books. What will the they tackle next...or what will be the AWS of Tesla?
@ianmiles Except Elon doesn't really want Open ai. He is boxing in Altman to have to find more financing to move the nonprofit to profit. In order for Altman to get his, he needs to buy out the non-profit side and Musk is making it more difficult to secure financing to get it done.
@Crypto_China@daltonbrewer DeepSeek wouldn't actually impact Tesla at all imo. If anything it means fsd will happen faster, but for Tesla the AI moat is the real data. Taking from Alex Karp, LLM's are a commodity, it's what you build on it that has value.
@SawyerMerritt As odd of a guy as he is, it's what it takes to accomplish extraordinary things. A 'normal' person is simply more average than everyone else.