#AI as we know it today with its inefficient models and need for massive data centers could turn out to be the CD of this decade. It may only have a few year run before #Quantum breaks through and transforms the industry like the IPod and MP3 players did to the CD player #NVDA
In the short term, I see the markets going higher into Thanksgiving and the soft landing occurring successfully because futures markets for goods are all low along with energy commodities. #SPY#BTC
This chart showing world #debt is trending on Twitter.
And, of course, the slope of the blue line is impressive. But it gets really 'awkward' when you show the total debt number as the % of global #GDP, which is around USD 100 trillion.
Global debt equals more than twice the size of the global economy.
In addition, whenever there are #debt payments issues, the 'solution' always involves (more) debt.
The next system will be interesting and I am sure it'll be much more equal than the current because capitalism is much better than feudalism. Change is cool if you accept it early and embrace it. It's also how you find your way to the top of it.
(1/6) Remember the tech bubble of the early 2000s? Lots of great tech innovations, but company valuations over-pumped by hype of what 'could be'. A lot of what 'could be', actually happened after the bubble burst. Are we there again with web3?
The top of the leaderboard had a familiar face in April with @SwingTraderEd taking it yet again. It's sticky at the top of the leaderboard https://t.co/O4yPw8jQxS
And @SwingTraderEd with a steady 5% alpha in March. Great to see a name that won so much of 2021 and bits of 2022 back on the top in 2023 again. https://t.co/O4yPw8jQxS