Deepseek is a Sputnik moment, it goes against the notion that the Chinese inherently lack creativity. Almost all the Deepseek team are young people under 30.
Say Goodbye to the US Dollar
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Last: 23 hrs ago by concordtom
concordtom said:
Deepseek news supports the assertion.
And I'm short NVDA.
Only lost $470 Billion in market-cap today.
DiabloWags said:
Only lost $470 Billion in market-cap today.
Most of that drop was before 6:22 AM.
DiabloWags said:And I'm short NVDA.concordtom said:
Deepseek news supports the assertion.
Look at this.
— unusual_whales (@unusual_whales) January 27, 2025
Nancy Pelosi and husband exercised their Nvidia, $NVDA, calls last month for millions in profit, exercing their 500 call options for Nvidia on Dec. 20 that had a strike price of $12, selling those exercised shares for +200% profit.
Today, $NVDA was down 17%.
She… pic.twitter.com/H4eeGilAd5
You can't beat Nancy.
Your reading comprehension continues to be terribly poor.
Shocker.
Shocker.
Buy Bitcoin. You're welcome.
Microstrategies has a big tax problem on unrealized gains due to Sleepy Joe and the Inflation Reduction Act of 2022.
Bwahahahahahaha!
Bwahahahahahaha!
oski003 said:DiabloWags said:
Only lost $470 Billion in market-cap today.
Most of that drop was before 6:22 AM.
Oh. Does it not count then?
Cal88 said:
Deepseek is a Sputnik moment, it goes against the notion that the Chinese inherently lack creativity. Almost all the Deepseek team are young people under 30.
I was working with a guy from Netherlands yesterday. He told me that one thing that worries his countrymen is all the US flag waving and chanting USA. It is reminiscent to them of the Nazi rallies and hyper nationalism.
He said in Holland you can only raise your flag outside your home on certain days of the year, by law!
I did not know that.
I've long felt, however, the the USA was way too arrogant - in many ways.
Excessive arrogance (aside from penalizing the Stanford football team 15 yards in the big game in the late 90's) obscures one from truth.
The truth here is that Chinese have 3x our population but just 1/8th the income , and that makes them hungrier.
The USA is still a mighty country, but yes, sometimes when we look retrospectively we can see tipping points or such markers that allow folks to see the reality better. For what it was. Narratives change.
Nazis of the prewar era looked different to us with a postwar lens.
How will Americans look in a post-(whatever) world?
concordtom said:oski003 said:DiabloWags said:
Only lost $470 Billion in market-cap today.
Most of that drop was before 6:22 AM.
Oh. Does it not count then?
It certainly does. I bought a million shares of DXF for $1.25! Just sold it at $25 pps!
China export ban on Gallium (near monopoly on global supply) will cause $600B hit to US economy. Retaliation for US ban on top quality chips.
Extent of this risk was detailed in Aug '23. https://www.csis.org/analysis/de-risking-gallium-supply-chains-national-security-case-eroding-chinas-critical-mineral
Extent of this risk was detailed in Aug '23. https://www.csis.org/analysis/de-risking-gallium-supply-chains-national-security-case-eroding-chinas-critical-mineral
This video is about South American countries turning to China, away from USA.
Mexico, too:
Mexico, too:
Morgan Stanley's Stephen Roach
Gee, I wonder what would happen?
Size of Chinese economy
Short:
Short:
^Good content.
Cal88 said:
^Good content.
I know you'll like this one, a lot!
11 months ago.
I did, this guy really gets it, he is very well tuned in into Chinese economic dynamics despite not speaking mandarin. I took a year of mandarin at Cal and don't get why he can't master the language having lived there many years already. For some the characters are the main barrier, but for him it is the four tones.
I am starting to wonder if this guy is paid by the Chinese government.
He finishes with, "it was good while it lasted."
He finishes with, "it was good while it lasted."
This guy is hard to listen to because he comes off as a screaming lunatic.
But I was a bit impressed by his statement that G-7 nations combined population amounts to 12-15% of world's population.
Brics 22 nations (which 22 is he talking about) is 60% of the globe.
BRICS is **both an economic alliance and an investment concept**.
### **1. Official Organization:**
Yes, BRICS is a **formal international organization** with annual summits, coordinated policies, and growing institutional structures. It was founded in the early 2000s as an informal grouping of emerging economies but has since developed into a geopolitical and economic bloc.
- **Annual Summits:** Leaders of BRICS nations meet regularly to discuss global issues, trade, and political cooperation.
- **New Development Bank (NDB):** Established in 2014, this BRICS-led bank funds infrastructure projects in member countries.
- **Expansion:** BRICS has grown beyond the original five members, adding new countries in 2024.
### **2. Investing Strategy:**
Initially, BRICS was also a term coined by **Goldman Sachs economist Jim O'Neill** in 2001 to describe high-growth emerging markets (originally BRIC, without South Africa). The idea was that these economies would drive future global growth. Investors used BRICS as a strategy to focus on these countries' markets.
While it started as an investment concept, BRICS has since evolved into a **political and economic alliance with real-world influence**.
https://www.aspistrategist.org.au/brics-is-hardly-a-new-fulcrum-of-world-politics/#:~:text=The%20BRICS%2016th%20summit%20in,and%20Argentina's%20new%20government%20declined.)
BRICS expansion in '23:
(Brazil, Russia, India, China, South Africa)
Argentina was originally set to join BRICS on January 1, 2024, after being invited alongside Saudi Arabia, the UAE, Egypt, Iran, and Ethiopia. However, newly elected President Javier Milei decided to withdraw Argentina from the bloc before its official entry. Milei, who took office in December 2023, cited his administration's differing approach to foreign policy and stated that the timing was not right for Argentina to join. Instead, he expressed a preference for strengthening bilateral trade and investment relationships rather than becoming part of BRICS. His decision aligns with his broader strategy of fostering closer ties with Western nations, such as the U.S. and Israel, and distancing Argentina from countries he associates with communism, including China and Brazil.
And interestingly, take a look at Argentina ETF's, up 70% 1-yr, 225% 5-yr.
But I was a bit impressed by his statement that G-7 nations combined population amounts to 12-15% of world's population.
Brics 22 nations (which 22 is he talking about) is 60% of the globe.
BRICS is **both an economic alliance and an investment concept**.
### **1. Official Organization:**
Yes, BRICS is a **formal international organization** with annual summits, coordinated policies, and growing institutional structures. It was founded in the early 2000s as an informal grouping of emerging economies but has since developed into a geopolitical and economic bloc.
- **Annual Summits:** Leaders of BRICS nations meet regularly to discuss global issues, trade, and political cooperation.
- **New Development Bank (NDB):** Established in 2014, this BRICS-led bank funds infrastructure projects in member countries.
- **Expansion:** BRICS has grown beyond the original five members, adding new countries in 2024.
### **2. Investing Strategy:**
Initially, BRICS was also a term coined by **Goldman Sachs economist Jim O'Neill** in 2001 to describe high-growth emerging markets (originally BRIC, without South Africa). The idea was that these economies would drive future global growth. Investors used BRICS as a strategy to focus on these countries' markets.
While it started as an investment concept, BRICS has since evolved into a **political and economic alliance with real-world influence**.
https://www.aspistrategist.org.au/brics-is-hardly-a-new-fulcrum-of-world-politics/#:~:text=The%20BRICS%2016th%20summit%20in,and%20Argentina's%20new%20government%20declined.)
BRICS expansion in '23:
(Brazil, Russia, India, China, South Africa)
Argentina was originally set to join BRICS on January 1, 2024, after being invited alongside Saudi Arabia, the UAE, Egypt, Iran, and Ethiopia. However, newly elected President Javier Milei decided to withdraw Argentina from the bloc before its official entry. Milei, who took office in December 2023, cited his administration's differing approach to foreign policy and stated that the timing was not right for Argentina to join. Instead, he expressed a preference for strengthening bilateral trade and investment relationships rather than becoming part of BRICS. His decision aligns with his broader strategy of fostering closer ties with Western nations, such as the U.S. and Israel, and distancing Argentina from countries he associates with communism, including China and Brazil.
And interestingly, take a look at Argentina ETF's, up 70% 1-yr, 225% 5-yr.
Trump will not defend Ukraine.
Trump will not defend NATO allies.
Trump will not defend the US dollar.
The scheme will become understood by the masses when it's complete.
Interesting development!
— Dr. Sajeev Nair (@iamsajeev) January 16, 2025
This could signal a broader acceptance of blockchain tech and a potential shift in how nations view digital assets.
Exactly, Sajeev
Trump Is deteriorating the US Dollar in favor of some coin he can exploit for personal gain.
Treason!
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