OSanctaSimplicitas

Heretic though it burns

[Hunter Biden @HunterBiden]

We are supposedly at war to stop Iran from enriching the uranium we “obliterated” over a year ago.

Yesterday we signed a deal to help Saudi Arabia enrich uranium.

The first time the United States has ever helped another country enrich uranium on foreign soil.

The Saudis refused the inspection protocol 140 other countries accept. Too intrusive, they said.

Trump agreed. He signed a national security waiver to get around the rule.

The Saudis paid Kushner $100 million. They put $2 billion into his firm. They put another $6 billion into LIV Golf, which pays Trump properties to host its tournaments. They signed ten billion dollars in Trump-branded real estate deals in Jeddah and Riyadh. All in just the last few years.

But sure. My paintings.

[Evan @daviddunn177]

This is the most accurate anyone has ever described Elon Musk.

[UAVoyager🇺🇦 @CrimeanVoyager]

Today's meltdown in russia is over this video.

A Crimean woman asks an Alfa-Bank employee a simple question:

"Is Crimea ours?"

Instead of simply saying "yes," he replies:

"That's a provocative question."

He then adds that the bank refuses to issue loans to people with Crimean registration.

Even one of russia's largest banks doesn't treat Crimea as part of russia. That tells you everything.

[Spencer Hakimian @SpencerHakimian]

Impossible to comprehend just how badly Fox News has one shot the brains of 50% of this country

[OSanctaSimplicitas @SanctSimplicita]

@jam_croissant @tastyliveshow I loved your take here as always, but your take on higher oil's impact seemed subordinate to flows in the summer of George. If I missed something, hit me.

You don't think that higher oil == higher rates == lower markets, and that (that macro effect) dominates???

[OSanctaSimplicitas @SanctSimplicita]

@Dalmcm The other way to look at it is that they have their picks and didn't overpay for AD, etc.

This season will play out as it will, but I'd look to shut down/trade off/allow to leave the old core, and rebuild.

It's time.

[OSanctaSimplicitas @SanctSimplicita]

@SpencerHakimian Should be more flacid.

[OSanctaSimplicitas @SanctSimplicita]

@TheMaverickWS Pure graft. Thanks for adding to the myriad voices calling it out directly.

[The Maverick of Wall Street @TheMaverickWS]

The Pentagon, never passed an audit, is now using taxpayer money to bail out donors of the Trump regime

[Acyn @Acyn]

A reporter asks Marco Rubio whether he will ask Foreign Minister Lavrov about Russia helping Iran target U.S. troops. Another reporter asks Lavrov when will Russia stop attacking Ukraine. A staffer then removes the press from the room.

[Dustin @r0ck3t23]

Scott Galloway just explained why China doesn’t need to build better AI than America. It only needs to make American AI worthless.

Galloway: “I think China is beginning to engage in what I’ll call AI dumping.”

Not competing. Dumping.

It’s the term economists use for flooding a foreign market with below-cost goods until the domestic industry collapses.

Galloway: “They’re going to have a series of open-weight models. About a third of corporations now are supposedly using Chinese lightweight open-weight models that are cheaper.”

Not better. Cheaper.

A third of corporations. Already.

China isn’t trying to out-innovate Silicon Valley. It’s trying to collapse the economics beneath it.

Price warfare at the infrastructure layer.

Galloway: “If I were Xi, I would just dump cheap AI into the US market.”

This playbook is old. China ran it with steel. Ran it with solar. Ran it with semiconductors.

Flood a market with a cheaper version until the domestic industry can’t sustain itself.

AI is next.

Galloway: “The moment large corporations start announcing they’re disengaging these multi-million dollar site licenses with Anthropic or OpenAI, they’re using these inexpensive Chinese models…”

One CFO after another decides the Chinese model at a fraction of the cost is good enough.

Not better. Good enough.

“Good enough” at a lower price has killed more market leaders than any superior product ever has.

Galloway: “…and the market realizes that there’s no way they can justify these incredible valuations, I think the US market crashes.”

Not because the technology failed.

Because the business model did.

American AI companies are valued on the assumption that corporations will pay premium prices for premium models.

China’s whole strategy is to make that assumption false.

Galloway: “40% of the S&P now is directly or tangentially related to this giant bet America’s making on AI.”

40% of the S&P. Tied to one sector.

Galloway: “The majority of GDP growth over the last two years has come from AI CapEx.”

The majority of GDP growth. From one source.

America didn’t diversify its future. It concentrated everything into a single bet, then left that bet undefended.

Galloway: “If that slows down, we are immediately in a recession.”

Immediately. Not gradually. Not over quarters.

The distance between AI boom and American recession is one procurement decision.

America built the most advanced AI on Earth and forgot to build an economy that survives someone selling it cheaper.

The threat to American AI was never that China would build something smarter.

It was that China would build something cheaper, and American corporations would choose the price.

China’s real weapon isn’t Chinese technology. It’s American capitalism.

The same rational self-interest that built the AI industry will dismantle it the moment a cheaper alternative appears. The market has no patriotism. Only price sensitivity.

The technology race was never the real race.

The real race was always whether America could turn its AI dominance into something that survives being undercut.

America hasn’t even started running it.

China already has.

[OSanctaSimplicitas @SanctSimplicita]

@MyFilmClips You're a gutless coward.

[OSanctaSimplicitas @SanctSimplicita]

@RealRickRule Ok. It just seems like perhaps the Left gets >95% of your scorn.

I understand your hate for taxes and Libertarian bias.

I'm a vile Centrist hated by all that believes that the only way to solve the debt and fairness is to have both rich and poor sacrifice a bit.

[OSanctaSimplicitas @SanctSimplicita]

@Crowded_Mkt_Rpt @RetroCoast hypergamy is a bad basis for a relationship

[OSanctaSimplicitas @SanctSimplicita]

@RealRickRule Be fair.

a) When Reich was in government, the combo of Clinton, the GOP budget hawks, and the dot com economy, the budget deficit was going down dramatically.

b) There is *ZERO* good reason a CEO needs to make more than 20-30 times the lowest employee.

[OSanctaSimplicitas @SanctSimplicita]

@MyFilmClips @OlenaRohoza @POTUS Have you ever done any critical thinking in your life?

[OSanctaSimplicitas @SanctSimplicita]

@timber001 @957thegame @MorningRoast957 All true but until they dump Adames, Devers, and Chapman, they're effed.

There are what 3-4 SS prospects that sound good atm.

The Gs won't be good until they're ready, anyway IMO.

[OSanctaSimplicitas @SanctSimplicita]

@RealRickRule The current scale makes Nixon and Capone look like saints.