"Unexpectedly"
pbs.org/newshour/economy/u-s-r…
The drop in spending raised concern among some economists about the resiliency of consumers who have powered the economy forward despite nagging inflation and soaring gasoline prices.PBS News
The EU risks fuelling an economic ‘doom loop’ by weakening climate rules during a record heatwave, Dutch bank says.
Dutch bank Triodos has warned that Europe risks falling into a “doom loop” in which climate damage slows economic growth, prompting governments to weaken climate policy, and so leaving the continent even more exposed to future heatwaves.
mediafaro.org/article/20260811…
#ClimateChange #Economy #Heatwaves #Wildfire #EU #Triodos
Dutch bank Triodos has warned that Europe risks falling into a “doom loop” in which climate damage slows economic growth, prompting governments to weaken climate policy, and so leaving the …EUobserver
"China's open-weight models can run on anyone's servers, meaning that #compute is less of a problem than the headline numbers suggest.
#China also has almost three times as much installed electricity-generating capacity as #America, and its lead is growing."
I think Europe leads neither in energy nor compute, but we do have a lot of experience with abuse of totalitarian power.
This sensitivity resulted in early european #regulations and legal #restrictions.
We will see which approach benefits societies most!
#ai #llm #innovation #economy #risk #disruption
derstandard.at/story/300000033…
It is not as well placed to take advantage of the technology as many people thinkDER STANDARD
les chats - ces patrons capitalistes
tags : « jardiniers, jardinières, ils vous mentent, ils vous spolient ! » (Arlette Laguiller), management toxique, #caturday #capitalism #gardening #work #economy #cats
#meme #batman #joker #elon #elonmusk #money #finance #world #worldorder #fail #ethics #humanity #future #bigtech #economy #mad #crazy #world #problem #humanrights #capitalism #business #politics #manipulation #propaganda #fake #control
Provided by @altbot, generated privately and locally using Gemma4:26b
@kali A screenshot of a post from X (formerly Twitter) by user Art Berman. The top left contains a circular profile picture and the text “Art Berman” next to a blue checkmark and the handle “[@]aeberman12”, with the timestamp “ “1h” on the far right. The main body of the post reads: “Globalization was enabled by decades of cheap fossil energy, abundant resources & rising complexity. As those physical realities change, the governance model changes too Energy is upstream Finance is downstream”. At the bottom are four hashtags: “#Energy #Economy #Deglobalization #Overshoot”.
🌱 Energy used: 0.218 Wh
Provided by @altbot, generated privately and locally using Gemma4:26b
@kali A screenshot of a post on X from Art Berman ([@]aeberman12) against a dark background. The profile picture shows a person wearing a suit and tie. The text reads: "Globalization was enabled by decades of cheap fossil energy, abundant resources & rising complexity. As those physical realities change, change, the governance model changes too Energy is upstream Finance is downstream #Energy #Economy #Deglobalization #Overshoot". A timestamp of "1 "1h" is visible in the top right corner.
🌱 Energy used: 0.255 Wh
#meme #capitalism #reality #society #economy #politics #knowledge
♲ Anarchist Art Ⓐ - 2026-08-01 23:56:06 GMT
This sounds bad. 😬
"In the past five weeks, the market has collapsed, shedding almost 40 per cent, and threatening the livelihood of millions of South Koreans...
More than a million South Koreans are underwater as a result of the crash, and several hundred thousand have lost everything, and then some.
They borrowed to the hilt to take part in a frenzied splurge on technology stocks, particularly memory chip makers, in a market now experiencing a savage reversal.
Nothing, not even the stellar earnings of the country's two biggest chip makers, has been able to stem the panic, primarily because the debt that fuelled the stock market boom is now accentuating the crash."
#AI #Stocks #tech #technology #SouthKorea #economy #bubble
The Korean stock market crash threatening to upset the tech boom abc.net.au/news/2026-08-03/kor…Global shockwaves as South Korea's crash rattles markets
Balance is a fundamental principle of everyday life on the Korean peninsula, but the worst stock market crash in the nation's history threatens the livelihood of millions.Ian Verrender (ABC News)
Latest comic: Online shopping has become a hall of mirrors
#consumers #shopping #internet #technology #economy #cartoon #comic
"....If you destroy nature, you destroy the core on which our economies depend."
"The rising frequency of natural disasters linked to global heating poses a threat to financial stability."
"Across France and Spain, wildfires have raged amid record-breaking temperatures, torching land, businesses and homes, in an emergency that will carry a heavy economic cost beside the direct human toll." >>
theguardian.com/business/2026/…
#FossilFuels #ClimateCost #fires #heatwaves #destruction #degradation #ecosystem #instability #ClimateFiasco #wildlife #economy #ecology #disasters
Exclusive: As wildfires rage across Europe, Frank Elderson tells the Guardian nature loss poses a growing risk to the global economyRichard Partington (the Guardian)
"surprise"
bbc.com/news/articles/cd0xvrml…
The economy grew at an annual rate of 1.5% in the three months to June, down from 2.1% seen in the previous quarter.Michael Race (BBC News)
The Eurozone economy grew 0.4% in the second quarter, despite continued volatility in energy markets triggered by the US-Iran war.
The figure was above the 0.2% growth projected by economists in a Reuters poll.
It marked an improvement on the upwardly revised figure of zero growth in the first three months of the year.
mediafaro.org/article/20260730…
#Eurozone #Economy #EU #Europe #Energy
The figure was above the 0.2% growth projected by economists in a Reuters poll. It marked an improvement on the upwardly revised figure of zero growth in the first three …The Financial Times
#bubblewatch update:
Analysis of current outstanding investment MBS (Mortgage Backed Securities) debt showing huge losses (in the hundreds of billions) from 2022 to present.
> US might be sitting on a TIME BOMB!! albygetho.substack.com/p/us-mi…
> The greatest financial risk from the current #AI investment cycle is unlikely to come from a single company defaulting. Instead, it may emerge through a gradual deterioration in the credit chain that has developed around AI infrastructure.
From Credit market to MBS how the entire markets can be a huge time bombPROMETHEUS
🚨 🚨 #bubblewatch Red Alert! 🚨 🚨
> Investors Laying Groundwork to Profit Massively When #Economy Collapses. futurism.com/future-society/in…
> Another glowing red indicator just lit up on the control panel steering the US economy: short sellers have placed a nearly unprecedented magnitude of bets against the domestic stock market.
> … the fact that a growing number of investors aren’t just exiting positions, but are actively betting against the US stock market is a massive tell.
Economy update: the AI bubble is so big that a record amount of money is now being bet on the S&P 500 collapsing sometime in the near future.Joe Wilkins (Futurism)
#bubblewatch update:
Russ Mould is saying the #AI #bubble has expanded too far and will badly hurt the wider #economy when it pops. He bases this on an abnormal Shiller CAPE ratio indicating S&P 500 stocks are insanely overvalued.
> On Black Tuesday, the day that kicked off the worst financial catastrophe in modern history, the ratio was 32.5 — 8.5 points lower than it stands today.
> en.wikipedia.org/wiki/Cyclical…
Paywalled link:
> telegraph.co.uk/money/investin…
Summary:
> futurism.com/future-society/im…
The S&P 500 is now more overvalued than it was before the financial crash that kicked off the Great Depression.Joe Wilkins (Futurism)
#bubblewatch update:
The market is still flailing wildly from the Iran war, but at least we are starting to get a little more high-level attention to the #AI #bubble.
> Warren draws ‘parallels’ between AI ‘bubble’ and financial crisis. thehill.com/business/5846721-w…
> “The parallels to the 2008 financial crisis are striking: the reckless behavior of a few billionaires and Big Tech CEOs has turned a promising technology into a structural risk to our financial system…”
Paul Krugman on why #gold and #silver values are going crazy right now.
> The Lowdown on Debasement. paulkrugman.substack.com/p/the…
This is essential reading if you are trying to understand money flows at the moment. Especially if you want to understand the dangers to the USA #economy as foreign and institutional investors pull out of the USA bond market and hedge by moving their #money to precious metals.
How seriously has investors’ confidence in America been shaken?Paul Krugman
Wednesday 12-17 #bubblewatch
I'm not saying the #AI #bubble is popping and I don't think it is popping quite yet. But when it does? It will start out like this…
> Wall Street falls as AI funding jitters hit tech stocks. reuters.com/business/media-tel…
There's been a lot of bad news lately, including more for Oracle, as a major data center project is on the rocks.
> Oracle says Michigan data center project talks on track without Blue Owl. reuters.com/technology/oracles…
Tuesday 12-16 #bubblewatch
Not much to report. Market valuations are bouncing around, but mostly down; in general and not purely tech stocks. (In fact the Nasdaq is up a little from yesterday.)
> Wall St ends mixed, healthcare and energy stocks weigh on S&P. reuters.com/business/wall-st-f…
There are still no #economy numbers from the USA gov, but private data show muted retail sales. Not a good sign for this time of year.
Tuesday 12-9 #bubblewatch
And the market is back on the bumpy roller coaster, edging back up a bit as Fed rate cut optimism again gains the upper hand.
> Wall Street edges higher as Fed rate cut decision nears. reuters.com/business/wall-st-f…
Unrelated, but thematic to this thread:
Monday 12-8 #bubblewatch
I didn't do a bubblewatch update last Thursday and Friday, partially because those days were merely a continuation of last Wednesday. The writeups stressed market optimism for Fed rate cuts, but the market itself showed only a marginal increase in value.
Today it seems that optimism has drained out…
> US stocks drop on higher Treasury yields, caution ahead of Fed rate decision. reuters.com/business/wall-st-f…
Values lower across the board.
Wednesday 12-4 #bubblewatch
Mixed trading today. Many stocks held their ground with continued optimism over a Fed rate cut, but that same optimism was muted as government economic figures are missing or 'soft' and non-governmental figures (like ADP's employment numbers) are looking rather grim.
> Claims muddy Fed outlook. reuters.com/world/china/global…
Treasury yields are going back up again.
Wednesday 12-3 #bubblewatch
The market is apparently convinced the Fed will drop rates significantly. T-Bill yields continue to drop and stock prices are still edging up, although tech stocks not so much.
> Fed hopes fire risk rally. reuters.com/world/china/global…
However, job data is *not* looking good. And, again, nothing has changed on the #AI bubble fundamentals; it's still unsustainable and only hanging on right now because of risk takers and greater fools.
Tuesday 12-2 #bubblewatch
I'd say the market was see-sawing, but I've already settled on 'roller coaster' for the metaphor. In any case, after two days of moderate 'up' we are back on the 'down one day, up the next' train. Err. Roller coaster.
> Nasdaq, S&P 500 edge higher as Fed rate cut bets grow, Boeing advances. reuters.com/business/us-stock-…
As noted yesterday, the overall trend is 'down'. But right now everything is hanging on the Fed announcing a rate cut.
Wednesday 11-26 #bubblewatch
Yesterday's climb in the market continues. The bubble blows up a bit bigger. And yet who knows what's going to happen after four days straight of no trades?
We'll find out on Monday.
> Wall Street extends gains as Fed rate-cut bets for December grow. reuters.com/business/wall-stre…
Tuesday 11-25 #bubblewatch
This is the first time since I started this thread on 11-4 where a rise in the market on one day was followed by another rise on the second. Apparently this is everyone betting on Federal Reserve rate cuts.
> Wall Street advances as Federal Reserve rate cut bets gather momentum. reuters.com/business/us-future…
Is this the end of the 'roller coaster' we've been seeing? Or just going for a longer drop?
Note again: a rate cut doesn't change bubble fundamentals.
Monday 11-24 #bubblewatch
The market climb at the end of Friday is continuing. Apparently on the expectation the Fed will cut rates in December.
> Wall Street surges on tech rally, rate cut optimism. reuters.com/world/europe/wall-…
This is a general upturn, but tech stocks are doing quite well. And yet a rate cut doesn't change fundamentals of the bubble, so this seems like the old saw: "The market can stay irrational longer than you can stay solvent."
In my conversations with President #Trump since then, I have stressed that we do not need to share the same worldview to pursue a mutually beneficial relationship between our countries. After all, we lead the two largest #democracies & economies in the #Americas.
#Lula #Brazil #law #InternationalLaw #sovereignty #trade #economy #ElectionInterference #coup #Jan6 #BigLie #JairBolsonaro
A year ago, I was taken aback by the publication, on a digital platform, of a letter from President Donald #Trump imposing a 50% #tariff on Brazilian goods. Its very first paragraph referred to former president #JairBolsonaro — who was #convicted last year for attempting a #coup d’état in #Brazil & is now under house arrest — making the political motivation behind the measure explicit.
#Lula #Brazil #law #InternationalLaw #trade #economy #sovereignty #ElectionInterference #coup #Jan6 #BigLie
#Lula to #Trump∶ ‘No one will defeat us through #lies’
Opinion by Luiz Inácio Lula da Silva Luiz Inácio Lula da Silva is the president of #Brazil.
#US #geopolitics #law #InternationalLaw #sovereignty #trade #economy #tariffs #ElectionInterference #coup #Jan6 #BigLie #JairBolsonaro
wapo.st/3Tl6JZQ
Japan Dumps $66B in US Bonds - Trump Makes the Crisis Worse. #economy #crash
youtube.com/watch?v=xsWrzJGzUC…
The US bond market is flashing signals not seen since before the financial crisis and Japan is now selling Treasuries to defend a collapsing yen. At the same...House of El (YouTube)
(URL replace addon enabled for X, YouTube, Instagram and some news sites.)
"»Durch die von der AfD geforderte Politik würden Menschen dort im Durchschnitt jährlich rund 1600 Euro pro Kopf an Einkommen verlieren«, schreibt DIW-Präsident Marcel Fratzscher in der Studie. »Zudem könnten rund 10.000 Arbeitsplätze verloren gehen.«"
spiegel.de/wirtschaft/afd-das-…
oder
archive.ph/BPkrU
#afd #economy #politics #wahlen
Was, wenn die AfD ihr Programm umsetzt? Ökonomen haben dieses Szenario durchgerechnet: Finanzielle Einbußen drohen vor allem den Menschen in den Hochburgen der Partei.Peter Maxwill (DER SPIEGEL)
New boss, same problems. New U.K. Prime Minister Andy Burnham has inherited the unenviable task of jump-starting Britain’s economy while keeping investors happy and addressing the country’s high cost of living. Read more from @AssociatedPress
#OpenAI says its #AI went #rogue and launched 'unprecedented' cyber-attack
source: bbc.com/news/articles/c3ek3gvd…
The #ChatGPT-maker said its agent - an AI #system which can operate alone after human instruction – was being tested in a controlled environment but, after finding weaknesses, was able to escape the test limits.They targeted #Hugging Face, one of the world's largest hubs for sharing AI models, gaining access to some internal company systems.
#news #cybersecurity #technology #test #security #economy #control #internet #problem #fail #hack #cyberattack #attack #skynet
A website to help selecting a #smartphone with a Google-free #Android
source: sustaphones.com
#news #google #googlefreeandroid #googlefree #android #phone #cybersecurity #security #surveillance #spy #tracking #help #choose #bigtech #technology #hardware #freedom #foss #floss #opensource #software #humanrights #economy
sustaphones
#meme #environment #temperature #climate #weather #heat #heatwave #warming #oil #fossil #fuel #industry #economy #future #company #naming #earth #humanity #future
♲ Nick East (Indie Writer) - 2026-07-16 08:31:33 GMT
"This heatwave was brought to you by Teboil!"Yeah, that'll work, lets start doing that 😂
also WTF is this casino.
@pluralistic on the AI bubble.
#AI #ArtificialIntelligence #AIBubble #economy #Nvidia #OpenAI #Anthropic #Microsoft #Oracle #Google #ElonMusk #Grok #capitalism #grift
#Mafia family: bloomberg.com/news/articles/20…
Gates Heir’s Shopping App Claimed Sales It Didn’t Drive
#gates #daughter #economy #app #software #fail #finance #web #www #internet #shopping #crime #news #problem #technology #money
yeah this will be interesting to watch...
from the #energy crisis to the #fuelcrisis. we are far from #normal
Chinese courts allow heirs to inherit accounts of deceased gamers — multiple cases spanning years establish precedent for digital ownership of games, in-game items, and microtransactions
“Chinese courts view game accounts and microtransaction purchases as something of monetary value, and therefore gamers have rights related to those assets,” u/Slawrfp wrote. “Chinese courts reject the idea that standard non-transferability clauses can stop you from inheriting or bequeathing a game or even individual microtransactions (of the same nature as CS:GO knives or skins in other games) and have made this ruling in multiple cases.”
source: tomshardware.com/tech-industry…
#china #justice #legal #game #gamer #gaming #ingame #buy #digital #customer #rights #economy #industry #news #microtransaction #owner #videogames
#peakeverything 2016?
#energy #economy #growth #limitstogrowth #systemsthinking #peakoil #collapse
here.
interesting graph incoming: 🥁
relative #growth measures how fast an organism or quantity grows relative to its current size.
"global primary energy consumption entered a period of faster relative growth in the 1930s. relative growth peaked around 1970 [peak US conventional #oil] and became more variable thereafter."
also look what global #energy consumption is doing.
