Two of the biggest mainstream financial publications, The Wall Street Journal and CNBC, have started openly worrying that the AI bull could die and kill everything around it...
Even the scenarios described as unprecedented tend to be enlarged or accelerated versions of familiar risks: a deeper recession, a wider war, a more disruptive cyberattack...
Florida has an opportunity to correct course. Lawmakers should repeal all the new licensing and money services provisions that threaten competition and increase compliance costs.
A rising dollar won’t stop gold and silver bottoming and starting higher, because of the money printing required to maintain liquidity in the face of the deficit at $40 trillion and continuing to rapidly expand.
40% of the growth in AI earnings in the first quarter was actually from gains on stock investments made by one AI company into another company’s AI stock on a mark-to-market basis.
That next wave higher could be triggered by a collapse in the credit markets. The credit collapse could push the world economy into a severe economic depression.
President Trump’s policy of using government funds to invest in private companies in exchange for partial government ownership of the companies is not pure socialism. It is corporatism.
