This is what we called "open corruption" and where bubbles continue to grow... this tech-led melt up can still goes on, till it doesn't. US is no longer the same, not the same old world leader with the at least pretentious goodwill to work with partners and friends. This is what it is like to have absolute power and dominance over the rest of the world ๐! With a blatantly corrupt regime led by none other than your corrupt Donald Trump, treating US government like his servant and the world leaders as his dispensible underlings, the world will go to the dogs ๐ if no one stands up to him!
Most of us don't like wars. US ๐บ๐ธ Israel ๐ฎ๐ฑjoint war against Iran ๐ฎ๐ท is something that should not have happened, but it did probably for a reason. What could a "small" nation with inferior military capability do in the face of slaughter by the two powerful and experienced military powers? Yet, 2 months later, we are still at stalemate.
What has the war got to do with the article? Nothing and everything. The US indices led by tech heavy Nasdaq are making all times high despite the great uncertainty in the war and economy. The everyday tech (not just AI) have been pushed into highs never imagined before, all due to bottom neck situation everywhere else created by high value AI chips shortages. First, AI chips, followed by every day chips shortages, then raw materials that go into making chips and even wafers! The world seemingly can't get enough of anything. The borrowings from big tech firms just kept growing.
What goes up must come down. Enjoy the ride on the way up, but while enjoying the wonderful view from above, don't forget your parachute ๐ช! We will need it when the house of cards ๐ come tumbling down...
@TigerStars @Tiger_comments @Daily_Discussion
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