Honest take:
Bankers are con men. Anyone telling you AI is going to make your life easier is a lie.
You’ll lose your job and be fighting for a way to survive.
Never trust a banker. Ever.
BREAKING: 🇮🇳 India recorded $340 billion in crypto inflows in 2025, equivalent to 9% of GDP: OECD report
India saw the highest crypto inflows among all the key Asian countries, followed by South Korea.
We handed the power to govt after Covid to save us the way Congress handed over the power to Henry Paulson ( US treasury secy) in 2008 to save America from economic disaster.
Covid got over but govt refused to give that power back to people.
So I have resigned to the fact that govt is deciding winners and losers in this “Brave new world” and it is useless to fight govt.
Now I seeing one more downside of this concentration of power. Govt are now using public money to bail out their favourite sectors and their political donors so even though you might be right about a particular sector or company going into bankruptcy but it will get bailed out with taxpayers money without any economic consideration.
This has started becoming more pronounced in western countries where govt expenditure as % of their GDP is now above 40%.
This is very very bad capital allocation and should result in sub par growth but with elevated inflation and higher taxes.
Essentially.. you yes you my friend … the common middle class person is going to pay for all this with significant decline in your standard of living.
Men give resources to women in return for children.
Governments give men’s resources to women in return for votes.
This is why Socialism kills civilizations.