It looks like Wall Street and Main Street are moving in diametrically opposite direction in the USA while the Government is gloating about Wall Street all-time highs and the AI and data center euphoria. Now, who is telling the truth about the economy, and who is just spouting hot air and make belief?
USA AI will never be able to monopolize global usage. That is a given. While USA AI innovators are looking at making lots of money skinning users of its AI models that are so expensively priced, it cannot compete against Chinese open AI usage that are dirt cheap anywhere else. Even some USA consumers are using the cheaper but not much inferior Chinese AI apps, and the Government wants to clamp down on such usage, undoubtedly lobbied by the tech giants to do so. The USA AI innovators poured in hundreds of billions into AI development and cannot survive trotting out cheap open AI models for users. It will collapse in no time. On the other hand, Chinese AI innovators are able to offload open AI models for users due to its cheap electricity, low investment cost and the whole Global South to support it.
Not everyone needs top of the line AI benchmark big models for simple tasks. It is the same logic as thinking that the world needs only top-end cutting-edge chips when most consumer products only need legacy chips for controlling their functions.
China is now the top legacy chip producer, holding a 40% global market share and expanding. There is not much news about China selling such legacy chips even to the USA, as all the news is about who are making those top-end chips for specific usage like mobile phones and cutting-edge military weapons. Even the USA military is still using legacy chips from China for its warships, fighter jets, submarines and missiles, besides rare earth elements. China has many cards to play in the event of a war against the USA, and the USA knows it well enough.
Now Trump is backtracking sanctions against Russia, allowing Russian diesel exports, unnerving Zelenskyy to no end. Such a move means removing sanctions to give Russia more revenue to fund its war. I am sure NATO Europe will be having sleepless nights, asking what is next. After 4 years of sanctions on Russia, it did not collapse nor suffer defeat at the hands of 32 NATO countries supporting Ukraine. NATO Europe is still trying to flog a dying Ukraine horse and the latest action by USA will further fragment the bloc.
Trump's action is basically to bring down diesel prices before November, a sinister move at the right time before the mid-term when diesel prices are high. Whether that is going to be successful is left to be seen. Will Putin lend a hand to help Trump in November is questionable. Agreeing to sell is one thing. Doing it is another with political issues to be considered when November is over. Trump may go back on his word after November. Understand the picture dealing with a juvenile kid.
Anonymous
4 comments:
Looks like Trump is throwing Zelenskyy under the bus. Trump is now calling for a leadership change in Ukraine, which obviously unnerved Zelenskyy. For the USA, Ukraine is not a pivotal piece of real estate for the USA, unlike Germany. Zelenskyy tried to use the ruse of Ukraine's rare earth resources to trick Trump into pouring resources into protecting Ukraine, which has unraveled.
Such a move by Trump about allowing Russia to sell diesel and calling for a leadership change in Ukraine is going to send panic and chaos to NATO Europe. Of course, Ukraine will now make a stand against Trump's move. I think this is one move by Trump worth watching as NATO Europe and Russia are posturing for a direct conflict. Without the USA's backing, NATO Europe is a paper tiger.
In the order of priority, Israel is the only country that now matters to the USA. Not South Korea, not Japan, not Taiwan and certainly not Ukraine. The USA moved tens of thousands of patriot missiles from Ukraine to Israel at the height of the war against Iran, while Ukraine was basically left thinly protected. At the same time, the USA also moved THADD batteries from South Korea to the Middle East to protect its assets. What does that indicate? When the shit hits the fan, some allies will need to go under the bus for sure. And we now know it won't be Israel.
Of course, what Trump is advocating about changing the leaders in Ukraine needs to be taken with a little bit of salt. The man does not have a clear mind when he speaks, only speculation based on feedback from others. This is all focused on the November mid-tern in mind. After that it is back to business. So, Putin needs to temper his enthusiasm about diesel exports that may end up in fantasyland. Trump changes his mind like changing diapers. Leaders of the world should bear this in mind, though who cares what I say, right?
It is not difficult to guess the reasons why Israel is the chosen people for the USA. The Jewish lobby in Congress is powerful, and Netanyahu obviously and undoubtedly has a hold on Trump and any USA President for whatever reason. That his own son-in-law is a Jew is another reason to suggest that Trump may be under another layer of control by Israel.
Countries like South Korea and Ukraine have little by way of Congressional control of the USA political system. I believe the German Jews have a big lobbying group in Congress. Together with Jews from Israel, their power is immense. Ever heard of the saying that the Jews control USA.
Trump on Ukraine - 'Jia Yu' or 'add oil'.
https://youtu.be/SZK2X2RTJlM?t=2&is=i5lD3NqFanssvXSN
Professor Jeffrey Sachs had already warned Zelenskky not to provoke and hsvd a war with Russia just because thr Europe Nuts promised him EU membership and also NATO
Shits stirrer Boris Johnson the culprit to persuade that Imbecile to go-ahead
and now 600,000 Deaths and 100,000 injuries
Now Dotard Tramp thrown him under the bus or tank
Not to be blindsided, the European nuts did what the USA wanted them to do, which is to expand NATO closer to the Russian border so that the USA can station nukes nearer to Moscow. That is the objective. It is just a ploy of borrowing sword to kill someone. In this case the sword being borrowed is getting destroyed instead.
Economically, Europe, especially the Germans, have hollowed out industries due to the expensive energy crisis. No more cheap energy from Russia means industries have to look elsewhere to survive. It benefits the USA both ways according to plan. If Europe failed to get cheap energy from Russia, the USA will be able to provide them with plentiful but highly expensive energy. European dependency on Russia just went the other way, Westward, but having to paying much more.
If Europe hollowed out its industry, the USA was hoping those industries will shift to the USA. But most of them did not do so. Instead, some went to China where energy is cheap and labor still not as expensive as moving to the USA. Businesspeople knew that if they relocate to USA, they will die sitting up.
Post a Comment