In his appearance, Jack Vale is a middle -aged man who does not assume regularly. He can be a person in a flannel shirt that sells charcoal at a local hardware store. It provides tips on how to best bloom the extra ribs of Boston butt or St. Lewis style.
But Vale is regularly involved in antisocial behavior despite the normal appearance. Like many Americans, he visits Wal -Mart every week. But instead of buying T -shirts and toothpaste, people fart.
His son is carefully standing to the side and records Ruckus with hidden cameras. Then veil Post the video In YouTube. With over 1.8 million subscribers, he is making a lot of money.
Of course, farts are not real. Vale uses the gag toys he invented. poop -Simulate crude oil noise. People’s reactions range from hate to laughter. “Good when people laugh.” Vale in the information section of his YouTube channel.
Perhaps there’s a better productive way to make it in life. For example, bringing eggs to the market. Or extract oil from the earth. Such activities make real wealth.
But there’s a better thing that Vale can do with his time and talent, but what he can do is much worse.
Unlike Congress, Vale does not pass the law to sort his pocket. He does not tell people what to do. He does not interfere with the privacy of others. He is making money by just getting strange thrills and farting people.
We mention the escape of Vale today for intention and purpose. Because they emphasize the specific sights of the financial market today. And they shine light on the AI bubbles that are now contracted. What we mean is:
Art fart
Speculative Annie knows the momentum through the expansion of money and credit. Looking back on the Manias of the past, you can tell a story with a familiar story.
For example, in 1636 and 1637, Tulip enthusiasts in the Netherlands were strengthened by personal credit. At the highest point, the seller did not have a bulb. Nevertheless, the passionate buyer who lacked cash stopped paying for personal possessions or products.
The Mississippi Bubble of John Law from 1718 to 1720 was later inflated by Banque Royale, a paper note published by his Banque Générale. From 2003 to 2007, the enthusiasts of residential real estate were able to be possible with low interest rates and credit expansion through mortgage support.
Objects of guessing can be changed from canals, railways, IPOs, electric vehicles, and computer chips. But enthusiasts follow a boom similar to the bust trajectory. One perennial speculation that creates more fun episodes is art.
In 2021, there was a mania called Digital NFT Art in cheap credit. NFT pronounced ‘nifty’ represents an irreversible token. And they were all anger.
that “Warnymph” The NFT collection of ELON Musk Fame has been sold for $ 5.8 million. There was also a group of encryption evangelist groups that bought Bansky’s’ s. “MORONS” $ 100,000. Then they lived to burn and burn it.
After that, they made NF.Burning Banksy ”To represent the artwork- Recording -OpenSea Market Place based on Etherrium. Later they sold it “Burnt Vanceki” About NFT $ 380,000.
When the stock market contracted in 2022, the NFT art market was also contracted. But the human disposition of greed driving enthusiasts remained.
Life imitates (F) art (f) art
As the stock market soared in 2023 and 2024, encryption tokens were also observed after following the promise of artificial intelligence (AI). Bitcoin has soared from $ 17,000 in December 2022 to more than $ 100,000 today.
In the process, another part of the encryption universe entered the act. It is a blockchain -based token with characters, animals, artworks, or other images of any other image.
Mim coins generally have no actual value or utility other than a few laughter. The only potential of financial revenue is through speculation. At the time of speculative enthusiasts, as now, there is always a possibility that the fan will be stacked into a specific meme coin and send it to the moon.
Like other types of comedies and humor, things can quickly escape from light fun to ridiculous crude oil. It is a noisy underbelly in the meme coin world. Fartcoin.
In that name, how many do you have?
Election Day -November 5, 2024 -Fartcoin was traded for $ 0.06. Then, for unknown reasons, the IT rocket started at $ 2.52 on January 19 and increased 4,100 %. At that price, FARTCOIN’s market cap was $ 2.5 billion.
In the last two weeks, FARTCOIN has dropped to $ 1.23 (finally). Nevertheless, the market cap is still over $ 1.2 billion.
When the name FARTCOIN, which has no utility and its essential value, has a $ 1.2 billion implied value, there is little question that the speculative enthusiasts are in the second half of the cycle. Or as David Einhorn said recently “We have reached the ‘FARTCOIN’ stage of the market cycle.”
And at the end of last week, the paper that pumped the AI bubble for the past two years hit the pin.
Silent but fatal
When President Trump took office on January 20, investors and speculators thought they made them. They believed that Trump tax cuts and business policies would expand the AI -centered bull market over the next few years.
The next day, Trump appeared in the White House to announce the creation of a new company called Stargate with the open age CEO SAM Altman, Softbank CEO Masayoshi son and Oracle Chairman Larry Ellison.
The intention mentioned is to pump $ 500 billion in Stargate. The purpose of the company is to build 100,000 domestic jobs and establish the power and data center infrastructure necessary to create AI, and make sure the US is ahead of China in AI weapons competition.
A few days later, however, Marc Andressen called ‘AI’s Sputnik Moment’ that China is already winning the AI weapon competition. Chinese AI company, DEEPSEEK, has launched an AI model and argued that it has developed as Openai in some of the costs, and requires only 10/10 of computing power.
This threat to AI domination in the United States also weakens the sky -high evaluation of the magnificent seven stocks. If the R1 model of Deepseek is a better, faster and cheaper version of Openai’s GPT, what is the need for all investments in NVIDIA chips and data center capacity?
Wall Street is also completely noticed. On Monday, NVIDIA shares fell 16.9 %. Since then, NVIDIA investors have not been able to meet significantly.
At the same time, there was accusation that DeepSeek trained AI using Openai’s model. We do not know what this means. Nevertheless, investors are not time to ask questions now.
Before the launch of Deepseek’s AI technology, there was a large number of large investments and misplaced with seven magnificent stocks and AI technology stories.
Last summer, Sequoia estimated that the AI industry was needed. $ 600 billion Imports to justify the current investment. The revenue generated in AI is estimated to be about 10 %of this. In other words, revenue is not near the necessary place to support AI’s large -scale investments.
We have already reached the FARTCOIN stage of DeepSeek’s cycle -silent but fatal. The NASDAQ and S & P 500, which were added by the market cap, were already bubbles.
DeepSeek may have provided a pin. But bubbles are ready for more than a year.
Look below.
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thank you,
Mn Gordon
For economic prism
It returns to a silent but fatal economic prism.
