Independent thinking for complex markets and current events
2015, the Iran nuclear deal unlocked access to roughly $100B to $150B in Iranian funds, and people keep lazily calling it “Obama gave them cash” which is not even how it worked. Barack Obama did not wire Iran a blank check, most of that money was Iran’s own frozen assets getting released. But here is …
We sell you 100 billion in shovels and then invest that into your shovel-buying enterprise. There is no bubble here. The tech is clearly valuable enough by itself without resorting to wash investments. Nvidia to invest $100 billion in OpenAI (Reuters) -Chipmaker Nvidia will invest up to $100 billion in OpenAI and provide it with …
A new congressional report highlights the alarming economic toll of illegal immigration, estimating a burden ranging from $150 billion to $450 billion per year on taxpayers. This translates to approximately $13,000 for every individual migrant, with a mere 20 cents contributed for every dollar taken. The report attributes the fiscal strain to factors such as …