Independent thinking for complex markets and current events
The AI money loop is creating a surge in valuations that feels unstoppable, but it hides enormous risk. Nvidia’s investments into OpenAI, Oracle’s GPU purchases, and OpenAI’s massive capacity orders keep pumping cash around in a cycle that inflates stock prices far faster than real-world growth. Each transaction looks like progress, but the system depends …
BREAKING: The US will stop putting new pennies into circulation by early next year. Businesses will need to start rounding up or down to the nearest 5 cents, the US Treasury said in a statement. A penny currently costs 4 cents to make. Cutting production is set to save… pic.twitter.com/o7iVAJepOo — The Kobeissi Letter (@KobeissiLetter) …
The M2 money supply (basically all deposits in all banks) has surged since 2008. From $7.7 T to $21.7 T – In other words, $65 out of every $100 dollars in circulation today were created in the past 17 years. To put it in another context, FDIC insurance is still $250,000 per… pic.twitter.com/9nE4Z6lXqa — Brian …
Mycoplasma Pneumonia in Children (North Texas): Cook Children’s Medical Center in Fort Worth reported a recent spike in cases of Mycoplasma pneumonia, a bacteria causing “walking pneumonia.” Last week, 80 out of 398 patients tested positive for pneumonia, compared to 0% last year. Children are likely spreading the bacteria in close contact at summer camps or swimming pools. The infection causes cold-like …
Australian businesses and companies could soon cop huge fines if they don’t accept or carry cash. Politicians Andrew Gee and Bob Katter have introduced a bill that aims to keep physical money in circulation. With the rise of digital payments and wallets, the use of cash has been declining rapidly over the last few years. …
Mainstream media faces a dire decline, losing 40% of online audience since 2020, triggering attacks and revealing an existential struggle. What is even worse are the physical subscription numbers. The physical US Newspaper circulation is below what was distributed in 1940. Is this a spiral of doom for mainstream media? People used to have to …
Without warning all 4 major banks began limiting cash withdraws in various cities Making some branches “cash free” Gov took $1 billion worth of notes out of circulation People are unable to withdraw more than $500 It’s happening WARNING: Australia is going “cash free” W/out warning all 4 major banks began limiting cash withdraws in …