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Everything you read about the bond market this week is wrong in the same way.
It isn't the deficit. The deficit was there last year and the year before
What changed is that the US no longer has ONE debt policy
Treasury is buying long bonds. The Fed is selling long bonds. right now. same week. same government
the 30 year at 5.33% isn't pricing how much America owes
it's pricing the fact that nobody in Washington is in charge of the answer
and the trade nobody is positioned for is that a MORE hawkish Fed makes long bonds rally
thread 🧵
@HQuarterma43504 I agree with this take. I see claude and codex being able to code but the top tier design and art needs a lot of work. Unless ya specifically handhold it, its gonna produce AI slop.
@DivaJain2 This is large ai generated i believe and leans American right wing. The ideas i dont believe are novel. I mean we hear about them time to time. I wonder if the author is Indian american from the American right wing.
@gareebscientist I have a wild thesis that the only way we can have space infrastructure on a massive scale is through dual use space and rail tracks. Rail based launches which are also used for transporting people when not launching.
@Sicario_hector The level of poverty is so hard to imagine. My parents told me when they were kids, people used to come to their houses asking for something to eat.
@charlesgillespi I guess we have to audit every single tech or smart thing we have in our homes. This level of unashamed privacy violation cant be just Samsung's doing. The rest must be doing it too. This must be an unspoken industry rule or whatever.
@iggyunwin@ledarthplanet@BEMLltd@hec_ltd Smuggling doesnt mean like carrying the entire thing from china. Kinda like shell companies, re buying from south east asian countries etc. Basically, how China 'smuggles' GPUs. They dont walk out through the airport carrying it.
I have a contrarian take. The same IT services industry facing existential threat will rebrand itself into a AI services industry. And from the looks of it, they are already starting to do that. Hence, they will survive just fine but through cannibalizing their own business models
The AI revolution will not necessarily eliminate the IT services industry. It will destroy labour-intensive delivery models, force incumbents to cannibalise their existing businesses, and create a new AI services industry in which fewer people can deliver substantially more work. The industry may survive and grow even as its employment model, pricing structure and competitive hierarchy are radically transformed.
.@Starlink will revolutionize India, particularly rural areas with no internet. So I made a petition just for Indian villagers who currently have NO INTERNET to show how much they want and need Starlink.
https://t.co/Ah5Q67jf0o
Its extremely funny to see a literal trillionaire be concerned about the poverty and poor and their access to internet. The same colonial lens as civilizing the natives. The way these guys along with their low self esteem lackeys in India look down on Indians is nauseating.
Moreover, this is standard silicon valley become monopoly, get a captive market play. He will subsidize a large portion of internet, maybe even free for few years and once he has the market, he can extract profit at all.
He cant do that with China because his companies are severely dependent on China for their supplies. And US and its elites believe China is a near peer competitor (which is true in a way) and mostly helped by the chinese psyops regarding the cities and the glitter (never mind these are ghost cities) and at the same time have a very colonial image of India especially due to X in last few years.
This also appears to be a coordinated attack on all fronts on Indian economy, Internet rights, Indian businessmen and leadership etc. Coordinated to have the maximum effect when the question is on elections and its fairness. I expect elon to take this megaphone and escalate this to questioning election integrity and the prrssure from all around to destablise the govt and trigger a regime change.