@TimurNegru@itsolelehmann Hopefully EU will encourage a different AI with controlled hallucinations, less fake news, auto drive car not fooling people its safety. It is not about regulating technology , but fostering a technology beneficial to most people.
@SteveMiran It is true that increasing tariff increases revenue. Do less exports reduce government revenues too? Cooperation tax cuts reduce revenue too.
@BobEUnlimited Bob, your opinion is reasonable by logic. I am wondering whether these salient discrepancies are abnormal given we don’t know why they are happening in details. For example, did we see the same in 1995 when Fed had a successful soft landing.
@davidbessis@stevenstrogatz@DrEugeniaCheng@benorlin Your book also free me from my nagging of never being able to finish any math book. I may miss something or do not put enough efforts. It is much easier to talk to people who know the subject. In addition, reading history helps me to build the necessary mental image.
Regulators who are not worried about PE because they think they are much less levered than banks should read this. Not much “equity” in the business model these days https://t.co/GefsBAjgD2 via @ft
Funds began to exploit Fed puts embedded in current financial system. It is simply selling outs and even leveraged. It is hard to imagine Fed will buy car loans to backstop if things turn soured.
https://t.co/QzmyXZMWVH