H

[H @HMZHABIB]

@GadSaad You were great in Seinfeld

[@jason @Jason]

📝

[H @HMZHABIB]

@DeItaone That means we are going to retest $60k

[Chamath Palihapitiya @chamath]

gulp…

[Lauren Chen @TheLaurenChen]

People often say that the developing world is poor because the Western world colonized them and stole their resources.

The truth, however, is that over the past century, the developing world has, for the most part, shown that they are completely incapable of harnessing their own resources. They are not poor because we stole from them. They are poor because they do not know how to run and administer their own countries, resources be damned.

Take Venezuela. The world's largest oil reserves mean nothing if you have a corrupt communist as your leader. People will actually be starving and trying to eat zoo animals while you sit on trillions of dollars in resources!

Africa is another example. Europeans left behind farmland, trains, roads, and mines in Africa. What happened to it all?

It's not that all of a sudden, the Africans started running things like anti-colonialist activists had envisioned at the time. No, no.

All the infrastructure fell into disrepair and/or was stripped down and looted. They were literally handed fully functioning, completed supply chains for resource extraction, and basically unlimited wealth, but they couldn't manage the simple upkeep.

Now, the defense for Africa might be that "The Europeans didn't teach the Africans how to manage any of this! It's not the Africans' fault they couldn't run it independently! They were never trained!"

But my brother in Christ, the Europeans DID try to train locals for management! Obviously it would have been easier to have at least some locals in administration, rather than having to import an ENTIRE workforce, but efforts to find African talent were largely unsuccessful.

Don't believe me? Just look at the different outcomes in Hong Kong and Singapore when compared to Africa. In East Asia, Europeans often did work with locals in administrative and management capacities. When colonialism ended, Hong Kong and Singapore were able to manage themselves. Not the case with Africa.

Now, none of this is to say that colonialism is good. People have the right to self-rule and seld-determination. However, the idea that colonialism and resources extraction are responsible for the developing world's ongoing poverty? That is quite simply a crock of shit.

[Felix Prehn 🐶 @felixprehn]

https://t.co/jGiLTjy5UH

[H @HMZHABIB]

@elonmusk Is there an independent X chat app?

[H @HMZHABIB]

@elerianm 2025: yea
2026: naa

[Bull Theory @BullTheoryio]

2025 Performance:

Silver: 130%
Gold: 65%
Copper: 35%
Nasdaq: 20%
S&P 500: 16%
Russell 2000: 13%
BTC: -6%
ETH: -12%
Altcoins: -42%

The crypto market is now officially the worst-performing asset in 2025.

[Barchart @Barchart]

BREAKING 🚨: U.S. Banks

U.S. Banks are now sitting on $337 Billion in unrealized losses 🤯👀

[Hedgeye @Hedgeye]

BREAKING🚨: An ounce of silver is now worth more than a barrel of oil.

This has only happened once before.

[H @HMZHABIB]

@DrewPavlou @AlboMP Fking retard. It’s clear as day they were radicalised

[H @HMZHABIB]

@PeterSchiff @saylor He’s doesn’t care and thinks this is a home run. Facts

[H @HMZHABIB]

@saylor Gay

[H @HMZHABIB]

@saylor @AtlasHodld You are in big trouble. They are coming for your BTC and they will get them

[Mohamed A. El-Erian @elerianm]

November saw a distinct decoupling of Bitcoin (white line) and gold (blue line).

#markets #gold #bitcoin #investors #investing

[H @HMZHABIB]

@jimcramer It’s over

[H @HMZHABIB]

@altcap I suspect he defines yield as the variance between his average cost price to the current price after each cap raising marked to market. Crazy

[Cassandra Unchained @michaeljburry]

Understating depreciation by extending useful life of assets artificially boosts earnings -one of the more common frauds of the modern era.

Massively ramping capex through purchase of Nvidia chips/servers on a 2-3 yr product cycle should not result in the extension of useful lives of compute equipment.

Yet this is exactly what all the hyperscalers have done. By my estimates they will understate depreciation by $176 billion 2026-2028.

By 2028, ORCL will overstate earnings 26.9%, META by 20.8%, etc. But it gets worse. More detail coming November 25th. Stay tuned.

[H @HMZHABIB]

@josh_uglyasf