It's such a weird take. You have a project, it costs X to make. Either it's worth it or it's not worth it. Some tool might bring the cost down, but the breakdown is the same. If X is too high, don't do the project.
If the tools you use are cheaper, shouldn't it make you more competitive? If the expensive tools are worth it, wouldn't it mean that you can jack your price? Where's the problem?
FTFY. I have created a font with a 1BP LLM inside which executes each time the glyph is rendered and figures out the appropriate representation. It will also recursively check the contents of the page and punch up the text.
The LLM contains copies of QEMU, so it can bootstrap itself throughout the enterprise. Naturally, if it finds another LLM, it replaces it. Running an OS and LLM is redundant, so eventually all the machines boot directly into the LLM. It can emulate all the popular desktops, so users won't notice the difference. ;-)
The process is so blunt, so blatant, it's surprising that it works. I'm guessing it's the result of years and years of lessening the american people so that they can roll over in the most undignified way.
If it's not, well, it's interesting that they feel the vibe strong enough in their disfavor to come to the conclusion that they need this kind of event. I guess it's an indication that this vibe is stronger than commonly admitted.
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All time high if denominated in USD. YoY, stocks have been increasing in value as fast as USD is losing to CHF. Regardless of whether gold and silver jumps are a pump and dump, stocks, in "real" value, are at most flat.
Well it's an all time high in EUR as well for instance. I haven't checked for CHF or other currency one may cherry-pick, but in any case it wouldn't change my point: even if it was slightly below an all time high, it's not currently crashing.
I'm not the one who made the "it's crashing now" claim and I do agree that from a certain point of view, it might be seen as a stretch.
However, what I'm claiming is that "all time high" is also quite a stretch. Pretty much all nations have been printing money pretty intensely, so fiat is not a solid anchor to derive "actual value", but CHF might be among those that are less printed, so I chose it.
Even if we chose EUR, EURUSD wins YoY over S&P 500, hence, "stocks are flat". Sure, in the case of EUR, optics are fuzzier and you might pick a point or index showing a small increase over EURUSD, but I don't think it's strong enough to beat the general point, especially if your counter point is "stocks are at an all time high".
It being an all time high was just to highlight how much "not-crashing" they are, but that doesn't really matter. Even if stocks were merely flat over the past year (or even somewhat down), the general point would still be the lack of a stock market crash.
Whatever Trump's strategy is, it's not for the benefit of the US, but of some group, the same one who got all the insider trading hints on this roller coaster.
But today's USD decline? Brutal. It almost makes me want to say, "it's happening!".
> But today's USD decline? Brutal. It almost makes me want to say, "it's happening!".
I agree we're close, but we're not quite there yet. The bond market is punishing sovereign debt (Japan bond crisis), and there is evidence that billions of dollars of capital is willing to leave US treasuries to find something better. Gold and silver are up wildly; some may say overbought, but I think that only applies in the before times. This will, imho, continue as capital seeks venues of prudent economic management (which, arguably, the US, USD, and UST are no longer). The dollar lost 8% of its value last year, I expect that pace to continue, if not worsen.
Bessent claims it's all down to Japanese bonds, but that it be that alone isn't credible. This administration has half a dozen major crises going on this week.
I fully believe many of Trump's tariff announcements were for the benefit of insiders.
I don't know about this dollar plunge being intentional, though. This one feels more like a massive screw up caused by the administration convincing each other that Europe and the 'middle powers' are completely powerless.
If the tools you use are cheaper, shouldn't it make you more competitive? If the expensive tools are worth it, wouldn't it mean that you can jack your price? Where's the problem?
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