A hub for independent voices and hard truths
Meta’s reported profits might be misleading because of how it accounts for depreciation on its capital base. James Chanos pointed out that Meta’s $210 billion capital base as of June 30, 2025, is depreciated over 11 to 12 years. The …
CoreWeave and its accounting firm have never heard that GPUs are depreciating assets, and the H100 has dropped in value by almost 50% since they bought them. For them, they still believe each is worth over $40k. I also still …
EV batteries are not an efficient store of energy. This is represented in their massive loss of value after so many years of ownership. EV car waste is > virtue signaling EV owners — Peter Spina ⚒ GoldSeek | SilverSeek …
by BoatSurfer600 The unprecedented pace of monetary tightening by the world’s largest central banks in the West has led to some unintended consequences globally. Countries that face the twin problems of “higher current account deficit” and “low foreign reserves” have …