@pati_marins64 If gulf countres mutually destroy their oil & gas production, it means.huge demand for US gas => Petrodollar v2.0 with steroids.
Currently US gas prices are often negative in some locations...
@BuBarrelBull Third option: oil and gas production facilities of Persian gulf will be destroyed, and USA will sell its gas in high volumes instead, in dollars!, which would be Petrodollar v2.
@LynAldenContact Companies making AI can be unprofitable also due to fierce competition.
This actually happened with one type of LLM, namely machine translation. Nobody got rich with that although its hugely useful technology.
@JuhanaBrotherus USA:n "uudelleenteollistumisen" syy ei ole tullit tai tariffit vaan poliittinen päätös. Säilyttääkseen kyvyn voittaa sotia teollistuneita maita vastaan, USA tarvitsee ehdottomasti lisää teollisuutta.
Graafissa teollisuuden investointien kasvu
https://t.co/NhUvVth3Oa
@Perpetualmaniac The steel used in arctic conditions is not normal steel used in ships. Also the steel used in the era of Titanic was weaker than the current normal steels (due to excess of phosphorus IIRC). So it's very plausible that an iceberg can cut the side of the boat open.
@mtmalinen That probably solves the trust issue. But the depositors still earn much more by taking their deposits from the bank and investing directly in gvmt bonds. The banks pay much lower interest, possibly due to profitability.