Enron was massive accounting fraud. Extraordinary claims require extraordinary evidence. Where is your evidence of accounting fraud? "Lots of companies investing lots of money into AI and it might not work out" isn't fraud.
It'll be interesting to see what happens to US equities, driven by the Mag 7, when the bottom falls out and this capex investment ends. There simply isn't enough capital for this to continue forever, but it can continue for a while longer.
There are still good opportunities to invest in firms with legitimate revenue flows, but avoiding the consolidated risk exposure is difficult.
The problem is the unsecured debt loads, fictional market projections, and secondary impact on real firms supplying products and services.
A good posture, is figuring out which firms may profit from the fire sales. The hard part for Bears and Bulls alike is they are both usually wrong about when it happens (if they are honest players.) =3
> The English draft accurately matches the Korean source with correct numbers, headings, footnotes, and links. No Hangul remains. No corrections needed.
My goodness. It's the first sentence of the article even. At least it's only the third post from the top of HN right now. I guess favorably we can assume a human wrote the Korean version and just translated it via ChatGPT.
The idea of the author assuring you that "no corrections are needed" is immensely funny haha. If the author is around this thread, it's all good to translate content dude, and thanks for doing so! But you definitely should translate the output back to your native language and give it a read as a sanity check.
Unless something big changes we're heading toward a period of unprecedented capital concentration, even more than we have now which is extreme. There will be a few winners out of the current frontrunners who own all non-physical human-like labor. Owning a few tens of shares in those companies will be generational wealth, so it makes sense more money is flowing into the stock market and into tech stocks in particular.
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[ 0.23 ms ] story [ 2.7 ms ] threadThe problem is the unsecured debt loads, fictional market projections, and secondary impact on real firms supplying products and services.
A good posture, is figuring out which firms may profit from the fire sales. The hard part for Bears and Bulls alike is they are both usually wrong about when it happens (if they are honest players.) =3
https://www.youtube.com/watch?v=rE75WvOtcu8
Good to hear!
Archive link for context in the future: https://archive.is/g6Znd