Doomer working towards acceptance of the NTHE. WASF. Aligned to nature, and an ecocentric worldview. The wealth of the planet is in its biodiversity.
Serene Doomer
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'Even during dotcom bubble… tech stocks were trading on heady price-to-earnings ratios in the hundreds, or even infinity in the cases of IPOs for firms that were loss-making at the time. Such cases result in tech entrepreneurs gaining wealth not merely beyond the dreams of avarice but beyond sanity'
'A principal sign that AI mania is turning into malaise & malady is tech barons are seeking frantically to raise outrageous sums of capital while they perceive the going to still be good. Another is growing realisation that the AI stock boom is running on empty & being financed largely on credit'
'South African Firms Face Pressure…
South African companies with operations across Africa are facing mounting pressure as anti-immigrant protests in the continent’s largest economy trigger diplomatic tensions and calls for action against their businesses.'
www.bloomberg.com/news/article...
'Trillions of dollars are involved in the stock market valuation of AI and other tech-related firms already listed or currently making a desperate dash to get listed before the proverbial balloon goes up. They want in so they can get their money out by monetising projected future income streams.'
'Venezuelans sour on Donald Trump.
…beyond the release of about 600 political prisoners and an increased tolerance for public demonstrations, many Venezuelans say they are yet to see material change in a country where annual inflation is running above 600 per cent.'
www.ft.com/content/f121...
'AI efficiency gains come at a high energy cost…
The process of identifying where and how energy is wasted is complex and time-consuming, which is why technologies and management practices in this area are not adopted as widely as they could be.'
www.ft.com/content/7f1c...
'A Miami-to-Havana Lifeline Is Slowing Cuba’s Slide Into Economic Collapse.
Cuban-Americans are sustaining a Cuban population facing economic collapse, sending a flood of food & medicine to counter a tightening U.S. pressure campaign against island’s communist govt'
www.tovima.com/wsj/a-miami-...
'The US military has killed the leader of the Venezuelan gang Tren de Aragua in an air strike in the country, 💩 has announced.
”At my direction, the United States Southern Command delivered a swift and lethal kinetic strike to successfully execute Niño Guerrero,”'
www.bbc.co.uk/news/article...
Serene Doomer
'As of April of this year, nearly 8,000 Cuban nationals had been expelled from the US since Trump returned to the White House, according to ICE’s own statistics. That is more than double the 3,385 who were ousted between 2017 and 2021.'
www.theguardian.com/us-news/2026...
'When does euphoria turn to panic? The question is highly relevant to stock market psychology now as investor and entrepreneur obsession with (AI) morphs into apparent anxiety that the boom is about to go bust and as stock prices wobble in consequence.'
www.scmp.com/opinion/worl...
