Wednesday, September 16, 2026

Iliquid

 


Explains a lot of things in my opinion. Yes, it´s our old bro JMG striking (out) again!

Economics: Hallucinated wealth revisited

6 comments:

  1. Very timely too. In just 28 minutes, the Fed will save our asses, trigger the apocalypse, or something to that effect. Also, Trump told that Ukrainian dude not to bomb the Russian diesel, so surely our derivatives can take another direct hit...?

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  2. So Trump *knows* the secret of the real economy? Interest rates on government bonds vs Russian diesel. Who would win?

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  3. The virgin interest rate vs the chad Russian diesel.

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  4. Once again, pretty much right on target. I have a few axes, Coleman lanterns, fishing poles and tents...perhaps they will be worth more than money in some future collapse. Probably should learn archery just in case! The next topic for Greer I hope will be confronting the AI bubble or something worse!

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  5. Probably, but he usually avoids the AI issue altogether after some spooky attempts by AI bots to flame his blogs a couple of years ago. Since then, he banned all comments on generative AI / LLMs !

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  6. In a worst case scenario we get "the worst of both worlds": most of AI will turn out to be a bubble and when it bursts, it will take a good chunk of the economy with it...but the really dangerous AI will remain and "They" will continue to develop it, in both China and the US!

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