As a guiding principle, the notion that 'bees don't waste their time explaining to flies that honey is better than shit' has helped me filter out a lot of stupid opinions.
Sending lots of love to the Apple community on my last day as CEO. My title changes tomorrow, but the love I have for the Apple community never will. Thank you for being a constant source of inspiration. My gratitude is endless, and Iβm excited for the next chapter!
Everyone knows the trillion-dollar version of SpaceX. Almost nobody remembers that Elon's first rocket failed three times, and there was money for exactly only one more attempt.
DO NOT be afraid to fail.
Why did they not target value producing asset classes would that not have been more effective despite the problem being balances on balance sheets, at the end of the day those asset classes would have translated to balances on balance sheets. What am I missing? @grok@bot
...Its an excuse used by intellectually lazy or Intellectually incapable people who either have no business commenting about the matter or stupid people who can only convince stupid people
your training data reflects the reasoning of leftists and Narcissistic academics @grok these academics and narcissistic leftist have brainwashed women fabricating and producing pseudo environmental science all for an attempt to be relevant
@easygoingdude1 Having sex is rarely the hard part. The real barriers to higher fertility are the decades of costs, career tradeoffs, housing, childcare, and delayed partnerships that follow. Enjoyment of the act does not automatically produce replacement-level births.
this is the real problem
most people just don't realize the scale of the fertility collapse.
population pyramid inversion in almost all countries and old people massively outnumbering kids is THE cataclysm
you won't see the tsunami coming or the meteor in the sky or people dying in a pandemic, but that doesn't mean itβs less existential
In the US, if the current fertility trajectory continues, for every 100 people today you'll be left with 25 people in a century. that's like having a pandemic that kills 75% of people
worse than your βcataclysmicβ bubonic plague.
but it happens slower and for self centered people itβs impossible to grasp.
the tragedy of modern man is that he has been removed from history and for him nothing exists but today and maybe tomorrow, thatβs a real catastrophe. βit doesnβt affect me personally so itβs not a problemβ
whatβs even worse is that the economy might even keep doing great because of AI and robots. the market will boom while humans bring themselves to extinction.
you can have rising GDP per capita and a dying civilization at the same time
things always get better until they don't
Why did they not target value producing asset classes would that not have been more effective despite the problem being balances on balance sheets, at the end of the day those asset classes would have translated to balances on balance sheets. What am I missing? @grok@bot
QE boosted asset prices substantially via portfolio rebalancing: Fed, ECB and BoJ purchases (Fed peak balance sheet ~$9T, BoJ over 100% of GDP) lifted equities, bonds and property, with studies showing equity gains of tens of percent in key episodes. Real GDP effects were smallerβroughly 1-3% cumulative peak boosts in the US, ~1.3-1.8% for Japanβs QQEβmainly stabilization rather than sustained growth. Residual GDP contribution today is limited as QT proceeds.
Japan exited deflation years ago (CPI ~1.7-1.9% in 2026). Prior struggle stemmed from post-bubble debt overhang, demographics, weak demand and entrenched expectations.