@PGATOUR@ScottishOpen the explosion shot out of the sand does not work in all types of sand. slice the ball out of the sand like a knife through a load of bread
U.S. Credit Card Accounts delinquent by 90+ days have jumped to 13.1%, the highest level in 15 years and closing in on the highest level in history 🚨🚨🚨
“Chinese Hedge Funds Warn the AI ‘Super Bubble’ Is Ready to Burst”
“…Wealspring Asset, whose founder Yang Dong is well-known in China for calling the top in 2007, said global AI stocks have become a “super bubble” and that the “collapse point may not be far away,” according to an investor letter seen by Bloomberg News.
Shanghai Banxia Investment Management Center said “the trigger for the AI bubble to burst has already appeared,” citing pressure on breakneck revenue growth at Anthropic PBC….”
DOJ investigating odd stated NAV behavior by one the largest private credit funds.
Ever larger redemption requests across private credit each quarter.
Lawsuits alleging valuation fraud and less than stellar liquidity feature explanations.
“Don’t worry. Everything’s fine.”
#dxy the FRBNY cracked the liquidity tap this morning before the algo markup on the Dollar Index started to weigh on the stock market. it's a never ending bailout for stocks.
now traders in Singapore and Hong Kong are taking profits on there Dollar long positions.
Things blamed on cattle:
- Existing
- Burping
- Standing about in fields
- Turning grass nobody can eat into food
Things that actually wreck the planet, ignored:
- Monocrop fields that strip the soil bare, poison the rivers and leave nothing alive but the one crop
- Synthetic fertiliser, made from fossil gas, running off into dead zones and rising as a greenhouse gas hundreds of times worse than CO2
- Ancient aquifers drained faster than rain can refill them, to irrigate crops in places that were never meant to grow them
- Rainforest and grassland cleared the world over to plant soya, palm and sugar
- Pesticides and weedkillers sprayed by the billion gallons onto the food itself, then into the water, the wildlife and us
- Whole landscapes sprayed sterile, the insects gone, the birds with them
The outrage and the damage are not even in the same postcode. The short list gets the documentaries, the panels and the guilt. The long list gets a green label and a government subsidy. The cow is just standing there, holding everyone else's coat.