Nvidia just put $100B into OpenAI and magically gained $150B in value, tell me again how this isn’t a bubble

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 …

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Merchan, an “acting judge,” magically lands every major Trump case, despite not being on the panel assigned to these trials.

His daughter rakes in millions from Democrat campaigns, while he sits on the bench pretending to be impartial. And now Kash Patel is demanding subpoenas, bank records, and an investigation into FEC violations. Kash Patel CONFIRMS Judge Juan Merchan should have never been assigned to Donald Trump’s case Kash Patel “I'm calling for the subpoenas …

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Nothing says ‘fiscal responsibility’ like a trillion-dollar spike in debt in 15 weeks. I’m sure interest payments will magically solve everything!

The Incredibly Ballooning US Government Debt Spikes by $1 Trillion in 15 Weeks to $34 Trillion.Interest payments threatening to eat up half the tax receipts may be the only disciplinary force left to deal with Congresshttps://t.co/4qD6tEfp9E pic.twitter.com/WlTbn3Q5L4 — Wolf Richter (@wolfofwolfst) January 3, 2024 The alarming surge in US government debt, ballooning by a staggering …

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