Damus
Phil Stevens :tinoflag: · 1w
nostr:nprofile1qy2hwumn8ghj7un9d3shjtnyd968gmewwp6kyqpq2nm5cjxe4t7ldf0fflvujmawt0p83yjzl6v09ynw7v79dvlf6s2q38r769 All we need to do is pause and let the markets do the rest. The bubble is bound to pop...
JeremyJupiterJones :tinoflag: profile picture
@nprofile1q... @nprofile1q...

True, the Ai boom is largely being funded by Gulf oil profits that due to the now struggling US petrodollar deal all gulf oil profits have to be invested in either US treasury bonds or in US stocks.

Due to Trump’s failing illegal war on Iran those oil profits are no longer being made to be invested. Give it a few weeks/months and watch the entire thing collapse.
1
Bob LeFridge :tinoflag: · 1w
While the fast-tracked Datagrid project has been calculated to use 280 megawatts, the company has a secret plan to make it four times bigger and thirstier at 1000MW. An MBIE briefing from last year reveals Datagrid's goal is ‘‘almost double the consumption of the Tiwai Point smelter’’, curr...