attended the Grand opening of the West Las Vegas library...

why do we need NATO?

It's like chicken and egg story ..

We need NATO to protect us from Russia but what makes Putin upset is when we propose to add a new country to NATO ..!

Russia is supplying energy to so many countries in Europe ... so hats off to Spain for not increasing the defense budget ... and focusing on domestic economy ... If Trump's msg was to not start a new war .. why is he seling defense to Europe ... rather US should trim its own as well.

30Y treas auction rates above 5p

Last it happend was in Aug 2007 - about 20Y ago and a market peak which broght the real estate and financial crisis..!

is AI bubble worse than DOTCOM bubble?

Start with following circular financing as in who's the buyer vs seller and what are they buying or selling?

& then is it a commodity or a premium product? 

When Meta starts selljng [extra] computer capacity .. you need to start thinking as what's wrong with this picture? 

What i find funny is how this AI thingy shifted the focus from big models to small models to more energy to power centers to less energy to NVDA the chipmaker to everyone making their own to memory / Korea now .. to all jobs going to AI to Meta realizes its biggest mistake .. the point: is there anything unique here or are we just shifting the focus..!

finally the phrase - too risky to not spend enough is what will bring this thing down as you can see the bond offerings made by some of the giants ..!

Meta goes into cloud business ..

If you can't find use of something ( aka excess capacity), rent it to someone who can use it or maybe..?

SPCX lost a third of from the peak ..

BTC below 60K and GC below 4K