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So how fvcked is the world economy really?

The US bet the farm on AI, and the entire stock market and banking system is based on a handful of tech companies giving each other bigger and bigger IOUs.

And the whole rationale for this "investment" is that the US must develop superintelligent AI before China does, but the US drove out all the foreign researchers with restrictive visas and insane ICE squads so now the top talent, most of which were Chinese, are outside the US releasing free AI models to knock out the business case for US companies.

And the only edge the US has is NVIDIA, which just won the right to sell the most advanced AI chips to China again, so goodbye competitive edge, and all of nvidia's manufacturing happens on an island just off the Chinese mainland.
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Dan193 · 31-35, M
I just hope the dollar would spike back up for me to sell. I don't wanna exchage it for a loss, but I have a feeling the usd is on a long term decline, which sucks for everyone, not just for usa
fun4us2b · M
@Dan193 I think the gold rush was an attempt to replace the usd as the standard bearer for world currencies...seems this is being called into question today. I wonder if there's some bond-buying going on behind this dip now that Warsch will be the new Fed chairman?