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Joined 3 years ago
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Cake day: June 18th, 2023

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  • If there’s a legitimate crash everyone will have bigger problems than buying stuff for their gaming rigs.

    How bad it will be remains to be seen, it could be a process that takes a couple of years. Like the dot com crash.
    A bank selling off AI loans at 17% yields is a pretty clear indicator that some financial institutions don’t trust this industry anymore. And they aren’t even that eager to buy up on the cheap!
    That probably means they only got about $90 back for every $100 dollar they had loaned to the AI companies. Eating a 10% loss now is better than losing everything later.


  • And the capacity is picked up by the remaining ones that wanted more.

    Not if there’s a crash, these businesses are not making any money, they can’t afford shit without loans and venture capital.
    When that dries out, as it’s already beginning to do, 80% of all those orders for the next 3 years will be cancelled, and the remaining 20% will be what was ordered from China through 3rd party companies to circumvent sanctions.
    I don’t think you are considering that these companies are burning something in the area of $100 BILLION per month!





  • I think Iran probably has a right to defend itself when you start bombing the shit out of them.

    I agree Iran has a right to defend themselves, the war against them is clearly illegal, just as illegal as the war Russia has stated against Ukraine.

    Where that intelligence and weapons come from is mostly irrelevant.

    Sort of, the difference is that if they came from China Trump isn’t supporting China, and there would be no “conflict” of interest for Trump. But coming from Russia, and Trump continuing to support Russia, means that Trump is supporting a country that help kill Americans. Which makes it nonsensical for Trump to support Russia.