varicium retweeted
Raoul Pal: The US-China AI race is the real reason there can be no recession.
Intelligence is doubling roughly every 6 months.
"If one country has a recession and can't spend on intelligence and that lasts 18 months, they're going to be more than 3 years behind."
Neither side can slow down. Wars become too capital intensive. Geopolitical friction gets cleared.
Everything bends toward this one race.
FT @RaoulGMI @RealVision.
Raoul Pal and Jordi Visser see the same future forming:
The economy just shifted from "labor vs capital" to "compute vs energy"
"The AI cycle is no longer about capital verse labor" and the new bottlenecks are chips and power.
Shortages slow earnings "not because the demand is not there, because the demand is too big."
That's sort of bananas. But that's where we are.
FT @RaoulGMI @jvisserlabs @RealVision.
im skipping the line for Polymarket. if you care about being early, use my link: polymarket.com/app/1qiky2
varicium retweeted
Liquidated. Wiped out.
Account at zero.
Game over for me in crypto.
Signing off for now. Take care, everyone.
**Suggested Hashtags:**
`#liquidation` `#crypto`
