I guess I can say:  I. Don’t. Know. Either.

Except.  I’ll crudely refer to all these previous “bubbles” as large scale versions of the old “pump and dump” stock scams.  I see AI as a “pump” that might have missed their “dump” offramp.  In the last phase of the scam, stocks are usually sold to / bid up by small investors.  That hasn’t happened yet, except for Elon Musk and SpaceX which might have had the right model and the right timing.  Of course, Nvidia is already public and widely held which is the complication the article mentions.

I guess another possibility is a situation like the  2008 subprime mortgage crisis where the holders of the debt are declared “too big to fail” and a government bailout happens.

Anyway a good read from A Wealth of Common Sense.

The Biggest Risk Everyone Already Knows About

I had occasion to do a search for an actor and found what I was looking for at the old Internet Movie Database (IMDb).  Almost immediately I received an email welcoming me.  I didn’t create a log in, didn’t want a log in, didn’t give them any information.  Somehow they knew who I was.

I have used IMDb for years (decades?) and didn’t realize they were an Amazon ™ company.  Ok, so what?  I ignored the welcome email.

This morning I get another email to assist me in the use of my new IBDb account.  At this point I’m a little annoyed at this further attempt to collect data on me, so I tagged them as spam.  I was sent to another web page that would only allow me to stop these emails if I — yes — logged in.  To the account I never set up or asked for.

I’ve been trying to use Amazon as little as possible lately but I will redouble my efforts.

Thinking of sending some Iowa Hawkeyes merch to Senator Eric Schmitt of Missouri (404 Russell Senate Office Building, Washington, DC 20510).  Anyone care to join me?

From the American Spectator.  So Elon Musk “lost” half a trillion dollars in a few months.  The author says this is why we shouldn’t / can’t tax stock market gains, as a wealth tax.  Well, you can just make him sell some and pay taxes.  So it might cause the stock to go down.  Well, then it was over valued in the first place.  Seems like taxing this is a good idea all around.

The Trillion-Dollar Illusion

My big question has always been: who is going to pay for this?  Bain says the global AI data center buildout is going to need $6 trillion in annual revenue to break even.  For reference the US annual GDP is $32 trillion.

Bain: AI needs $6 trillion in annual revenue to justify data centers

Climate change getting real.  From the Albuquerque Journal.

‘A mad panic’: New Mexicans scramble for green chile amid crop losses

Trump’s tariffs have been devastating to US farmers.  Much of this is the loss of the China market for exports, especially for soybeans.  China has moved on and is getting its soybeans from Brazil, Argentina and other places.  Add in high fuel and fertilize prices due to the Iran War and it looks pretty bad for US farmers.

I was looking for a generic article about this issue this week with China’s Xi in the US for meeting with President Trump and ran across this article from a country radio station in Indiana.  A thorough treatment, but I suppose I was expecting more anger directed at the President.

US-China Summit Delivers More Promises, But US Soybean and Pork Producers Still Await Trade Breakthrough

Ok boomers.

Forget Politics. EVs Have An Age Problem