I think it is about rational self interest and Pareto’s law. 1% of the participants in specific task sets generate 40% of the utility. Seek that 1%, and dominate in utility generation. This is about economic output, not curry
Finally, the financial media is pointing out the obvious.
Michael Saylor is running a cult with his $MSTR stock promotion under the ruse of Bitcoin evangelism.
He makes money off his MicroStrategy shares and personal Bitcoin stash, all while encouraging his followers to buy both at ever-higher prices.
What could go wrong?
Biden promised 500,000 EV charging stations.
2 years later, only 7 have been built…
When politicians spend your money, they don’t have an incentive to spend it carefully.
So they fail, over and over:
Sir, that $120,000,000,000,000 is an interesting number. That is the total on and off balance sheet liabilities of the US government too. The wealth has all been spent
With a government shutdown is looming
Let's not forget Warren Buffett's solution to all this
"Any time there's a deficit of 3%+ of GDP, all sitting members of congress are ineligible for reelection"
This is fascinating.
Since January 2023, Chinese and European companies have experienced stronger earnings growth compared to US businesses.
At the same time, US stocks far outpaced their counterparts.
This was the year ChatGPT launched, sparking the AI craze.
However, from what I see, instead of fueling significant growth for the overall market, the excitement simply inflated valuations by driving up US assets
The Real GOAT, 🐐
Won everything possible.
Played every single minute even with a broken leg
Played and won everywhere in the world
Won every individual award possible
Was a leader on and off the field
Set the standards for the next generation.
#Rugby
7 tons que no estaban en la estadística YTD.
Esto hace que me pregunte…cuantas tons “quedan fuera“ de la estadística?
Georgia quiere fondo de maniobra e independencia económica.
Anda…nosotros también. Toca #gold#Oro
https://t.co/rFH7Oo5NAa