TheMic

Something is blowing up
mkt down huge this AM

AI is critical to drive the coming era of robotics
It’s the brain that makes interaction with the world possible
We’re not even halfway there and multiple countries already have a huge advantage over us

We're setting up for a major credit event
A big one. Covid-style dynamics, but worse.
I think Nov/Dec are fine, but the risks begin to elevate on an exponential ramp come January
There's already signs that have largely been ignored (normal, complacency)
They need a trigger

markets need to stop fetishizing low job growth
low job growth creates existential political risks by shifting the electorate hard left
there's an enormous contingent of people that swing right because they can, or vote left because ecomically they have to

the optimal game theory move is to give the left a win and use it as a trigger event to pull credit, sending the economy into an unrecoverable Mach tuck

Its stupid to nuke Iran when you can just pull credit and tank the entire economy to zero
Total chaos in the streets, and he’d gain unlimited emergency powers
Non-zero chance

The risk environment is not good
There's a laundry list of things we arent even accounting for, or know how to account for
Stay vigilant

a known time traveler has implicated @hellojintao in a future scheme to successfully run back a once popular meme coin
he warned me not to post about it because it could fork the timeline
so i'm either sorry your future self didn't get rich or happy you will

whatever you pay today is the agreed market value of a claim against liquidity at a future date of your choosing
what is happening underneath the hood to ensure fresh liquidity comes in every single day that you sit on a coin or stock?

The $INTC sell off was an 8 sigma event
Tradfi has no coping mechanism for something that extreme

seems like the mkt figured out that jamming money into a company doesnt immediately change lead times

if you value your safety, negotiate a protection deal with the local warlord and double up your next costco trip

i don't think our civilization is doing a good job maintaining what is actually important, esp the things that make life worth living
even if you have money, the world seems deserted as if the apocalypse already happened

the trick of the roomba is you need an already clean and orderly house for it to do any work

Lula is going to lose to Bolsonaro and it's going to send an earthquake across South America

volume wasn't low but trading today felt like walking in jello

i parked way out here so nobody would park next to me
why are you parking next to me

terrible lighting seems to be hugely popular