What if the dog fucks you?

Console people are never going to quit if they haven’t already done so. Can’t expect much from people who willingly sign up to buy +$80 games that never go on sale, and which you never own and can never play without an internet connection, and are filled with micro transactions. The most insane have built an identity around a computer box that exploits them, and defend it vehemently against all the other fans whose only difference is being exploited by a different company playing on a very slightly different box. All to play slightly updated versions of the exact same IP of the same exact characters every few years to milk some more money from the suckers who eat it all up.

I have a big ratcheting screwdriver with the drivers stored in the handle, its so nice. And for smaller stuff I have a ratcheting right angle one that’s great for leverage. That plus a tiny screwdriver with 30 different tiny bits for all different kinds of electronics, and a simple drill. It can all be had for under $50, compared to removing the frustration of not having the right bit plus the right tool which is priceless.

In addition to the other comment about Nvidia’s circular financing, token prices are sliding as competition is increasing, while datacenter construction and operating costs are only going up. Companies are running low on money to the point where even the megacaps like facebook and google are issuing new shares for the first time in over a decade. These are companies which have collectively dumped trillions of dollars into share buybacks and held a trillion in cash on hand by the time AI came around.

Once the venture capital money is spent but the bills still keep coming, one bad earnings report will confirm what everyone is expecting. People will lose faith of the future growth that these valuations are built on, which will crater the stock prices and wipe out at least 20% of the S&P500 at a minimum.

Thats like saying water isn’t useful because it can’t pick up a hammer.

The bond market provides the liquidity to allow companies to take on debt in order to fund their operations, matching it to buyers willing to lend out the money. It is the thing that enables companies to produce anything to begin with. And It is not only vital to the private sector, but is the primary method for how the us government funds its budget.

SpaceX wouldn’t exist without the bond market, because the entire company is built on government handouts (designed to outsource everything to private companies for the benefit of the wealthy capital owning class) which were funded through government issued bonds that raised the capital to give to spacex for contracts.

The bubble will inevitably pop as the boomers start dying and the housing supply relative to the population starts increasing. Plus no want wants to pay for the catchup work needed to address 30 years of deferred maintenance, so a lot of houses will go for cheap.

Is my enemy’s enemy.

What we really need is for China to send someone to Mars first, and suddenly 3% of GDP will be ploughed into NASA’s budget overnight.