Shiba inu future price prediction 2030
I asked Open AI if there are any historic examples of companies killing short thesis and what happens next! 🔥🔥
2023.03.22 12:43 Apprehensive-Luck760 I asked Open AI if there are any historic examples of companies killing short thesis and what happens next! 🔥🔥
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As an AI language model, I cannot predict the future of GameStop stocks or business. However, I can provide you with some information and examples from the past. submitted by Apprehensive-Luck760 to Superstonk [link] [comments]
It is true that GameStop has recently turned its business into positive cash flow, which is a positive sign for the company. However, the stock market is unpredictable, and there are many factors that can affect the stock price, including market sentiment, economic conditions, and company performance.
Regarding the heavily shorted stock turning business around and terminating the short thesis, there are some examples from the past. One of the most famous examples is Tesla. In 2019, Tesla was heavily shorted, and many investors believed that the company would fail. However, Tesla turned its business around and became profitable, which caused the stock price to soar and forced the short sellers to cover their positions.
Another example is Netflix. In 2011, Netflix was heavily shorted, and many investors believed that the company would fail due to increased competition. However, Netflix turned its business around and became one of the most successful streaming services in the world, which caused the stock price to rise and forced the short sellers to cover their positions.
In conclusion, while there are some examples of heavily shorted stocks turning their business around and terminating the short thesis, it is important to remember that the stock market is unpredictable, and there are many factors that can affect the stock price.
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2023.03.22 11:36 mayurpande6990 AR Smart Contact Lenses Market 2022 Global Industry Overview, Share, Size, Trends, Growth, Manufacturers Analysis and Forecast 2028
The main industrial segments covered in the market report are thoroughly examined during the market research. This market analysis looks at current and impending changes to the industry. For individuals and businesses interested in the target industry, the AR Smart Contact Lenses market research offers crucial information on the condition of the current global market.
The global market report includes a strategy analysis that both new and established businesses may use to gain traction in the market. To assist companies with their global expansion, market research compiles a thorough qualitative and quantitative assessment of the AR Smart Contact Lenses market in the future. Get Sample of Report @ https://www.intelligencemarketreport.com/report-sample/566301 The research study includes profiles of leading companies operating in the global AR Smart Contact Lenses Market:
Samsung RaayonNova Mojo Vision InWith Innovega Google EPGL BOE Apple Market Segmentation Analysis
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Plain Glass Spectacles Polarized Glasses Segment by Application
Network Interaction Industrial Analysis Game Industry Others Regional Analysis Covered in this report:
North America [United States, Canada] Europe [Germany, France, U.K., Italy, Russia] Asia-Pacific [China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia] Latin America [Mexico, Brazil, Argentina] Middle East & Africa [Turkey, Saudi Arabia, UAE] Make an Inquiry about AR Smart Contact Lenses Market @ https://www.intelligencemarketreport.com/send-an-enquiry/566301 Russia-Ukraine War Impact on AR Smart Contact Lenses Market
The impact of the Russian-Ukrainian crisis on the global AR Smart Contact Lenses market is extensively covered in the research. Although there has been an increase in tensions between Russia and Ukraine for some time, the current military involvement in Ukraine raises worries about the likelihood of a protracted conflict as well as its implications for the market and the global economy. Regional Outlook
The research report includes a thorough statistical analysis and in-depth evaluation of the market from a global perspective, taking into account profit, cost, demand, and supply. The global AR Smart Contact Lenses market research report analyses the markets, applications, definitions, and manufacturing technologies on a global and regional level. Competitive Analysis
The AR Smart Contact Lenses market research provides a thorough analysis of the market's intense competition. To help the client better understand the global competitive environment, the market analysis provides details on price, interview records, gross profit, shipping, revenue, and firm distribution. The top service providers on the global market are also examined in this assessment. Table of Contents
1 Product Introduction and Overview
2 Global AR Smart Contact Lenses Supply by Company
3 Global and Regional AR Smart Contact Lenses Market Status by Type
4 Global and Regional AR Smart Contact Lenses Market Status by Application
5 Global AR Smart Contact Lenses Market Status by Region
6 North America AR Smart Contact Lenses Market Status
7 Europe AR Smart Contact Lenses Market Status
8 Asia Pacific AR Smart Contact Lenses Market Status
9 Central & South America AR Smart Contact Lenses Market Status
10 Middle East & Africa AR Smart Contact Lenses Market Status
11 Supply Chain and Manufacturing Cost Analysis
12 Global AR Smart Contact Lenses Market Forecast by Type and by Application
13 Global AR Smart Contact Lenses Market Forecast by Region/Country
14 Key Participants Company Information
16 Methodology Key Reasons to Purchase AR Smart Contact Lenses Market Report
The global market research report includes a market overview as well as several potential opportunities for the forecast period.
The market keeps a close eye on the leading growth strategies of the leading businesses. This research also assesses the target industry's market potential and current trends.
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A thorough investigation of a variety of important factors, from current events to emerging trends, is made possible through AR Smart Contact Lenses market research. Contact Us:
Akash Anand Head of Business Development & Strategy [email protected]
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2023.03.22 11:36 mayurpande6990 LED Strips Market 2022 Size, Global Industry Overview, Share, Trends, Growth, Manufacturers Analysis and Forecast 2028
The main industrial segments covered in the market report are thoroughly examined during the market research. This market analysis looks at current and impending changes to the industry. For individuals and businesses interested in the target industry, the LED Strips market research offers crucial information on the condition of the current global market.
The global market report includes a strategy analysis that both new and established businesses may use to gain traction in the market. To assist companies with their global expansion, market research compiles a thorough qualitative and quantitative assessment of the LED Strips market in the future. Get Sample of Report @ https://www.intelligencemarketreport.com/report-sample/567165 The research study includes profiles of leading companies operating in the global LED Strips Market:
RISHANG Osram OML Technology Nichia Corporation Jiasheng Lighting General Lighting Flexfire LEDs, Inc Diode LED Dilux Lighting Market Segmentation Analysis
The LED Strips market is segmented by application, region, and type, claims the research report. In-depth analyses of market potential and current commercial trends are also included in this analysis. The analysis also predicts future trends and pinpoints the most lucrative geographical regions. The study looks at historical data, forecasts, and historical data to provide logical market insights and a deeper understanding of the industry. Segment by Type
60 LED/M 120 LED/M Segment by Application
Interior Exterior Regional Analysis Covered in this report:
North America [United States, Canada] Europe [Germany, France, U.K., Italy, Russia] Asia-Pacific [China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia] Latin America [Mexico, Brazil, Argentina] Middle East & Africa [Turkey, Saudi Arabia, UAE] Make an Inquiry about LED Strips Market @ https://www.intelligencemarketreport.com/send-an-enquiry/567165 Russia-Ukraine War Impact on LED Strips Market
The impact of the Russian-Ukrainian crisis on the global LED Strips market is extensively covered in the research. Although there has been an increase in tensions between Russia and Ukraine for some time, the current military involvement in Ukraine raises worries about the likelihood of a protracted conflict as well as its implications for the market and the global economy. Regional Outlook
The research report includes a thorough statistical analysis and in-depth evaluation of the market from a global perspective, taking into account profit, cost, demand, and supply. The global LED Strips market research report analyses the markets, applications, definitions, and manufacturing technologies on a global and regional level. Competitive Analysis
The LED Strips market research provides a thorough analysis of the market's intense competition. To help the client better understand the global competitive environment, the market analysis provides details on price, interview records, gross profit, shipping, revenue, and firm distribution. The top service providers on the global market are also examined in this assessment. Table of Contents
1 Product Introduction and Overview
2 Global LED Strips Supply by Company
3 Global and Regional LED Strips Market Status by Type
4 Global and Regional LED Strips Market Status by Application
5 Global LED Strips Market Status by Region
6 North America LED Strips Market Status
7 Europe LED Strips Market Status
8 Asia Pacific LED Strips Market Status
9 Central & South America LED Strips Market Status
10 Middle East & Africa LED Strips Market Status
11 Supply Chain and Manufacturing Cost Analysis
12 Global LED Strips Market Forecast by Type and by Application
13 Global LED Strips Market Forecast by Region/Country
14 Key Participants Company Information
16 Methodology Key Reasons to Purchase LED Strips Market Report
The global market research report includes a market overview as well as several potential opportunities for the forecast period.
The market keeps a close eye on the leading growth strategies of the leading businesses. This research also assesses the target industry's market potential and current trends.
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A thorough investigation of a variety of important factors, from current events to emerging trends, is made possible through LED Strips market research. Contact Us:
Akash Anand Head of Business Development & Strategy [email protected]
Phone: +44 20 8144 2758
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2023.03.22 11:35 mayurpande6990 Precision Guided Missiles Market 2022 Size, Share, Global Industry Overview, Trends, Growth, Technological Advancements and Forecast 2028
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The research study includes profiles of leading companies operating in the global Precision Guided Missiles Market:
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Market Segmentation Analysis
The Precision Guided Missiles market is segmented by application, region, and type, claims the research report. In-depth analyses of market potential and current commercial trends are also included in this analysis. The analysis also predicts future trends and pinpoints the most lucrative geographical regions. The study looks at historical data, forecasts, and historical data to provide logical market insights and a deeper understanding of the industry.
Segment by Type
Segment by Application
Aerospace National Defense Others
Regional Analysis Covered in this report:
North America [United States, Canada] Europe [Germany, France, U.K., Italy, Russia] Asia-Pacific [China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia] Latin America [Mexico, Brazil, Argentina] Middle East & Africa [Turkey, Saudi Arabia, UAE]
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Russia-Ukraine War Impact on Precision Guided Missiles Market
The impact of the Russian-Ukrainian crisis on the global Precision Guided Missiles market is extensively covered in the research. Although there has been an increase in tensions between Russia and Ukraine for some time, the current military involvement in Ukraine raises worries about the likelihood of a protracted conflict as well as its implications for the market and the global economy.
The research report includes a thorough statistical analysis and in-depth evaluation of the market from a global perspective, taking into account profit, cost, demand, and supply. The global Precision Guided Missiles market research report analyses the markets, applications, definitions, and manufacturing technologies on a global and regional level.
The Precision Guided Missiles market research provides a thorough analysis of the market's intense competition. To help the client better understand the global competitive environment, the market analysis provides details on price, interview records, gross profit, shipping, revenue, and firm distribution. The top service providers on the global market are also examined in this assessment.
Table of Contents
1 Product Introduction and Overview
2 Global Precision Guided Missiles Supply by Company
3 Global and Regional Precision Guided Missiles Market Status by Type
4 Global and Regional Precision Guided Missiles Market Status by Application
5 Global Precision Guided Missiles Market Status by Region
6 North America Precision Guided Missiles Market Status
7 Europe Precision Guided Missiles Market Status
8 Asia Pacific Precision Guided Missiles Market Status
9 Central & South America Precision Guided Missiles Market Status
10 Middle East & Africa Precision Guided Missiles Market Status
11 Supply Chain and Manufacturing Cost Analysis
12 Global Precision Guided Missiles Market Forecast by Type and by Application
13 Global Precision Guided Missiles Market Forecast by Region/Country
14 Key Participants Company Information
Key Reasons to Purchase Precision Guided Missiles Market Report
The global market research report includes a market overview as well as several potential opportunities for the forecast period.
The market keeps a close eye on the leading growth strategies of the leading businesses. This research also assesses the target industry's market potential and current trends.
In-depth market research and advice from industry experts were used to develop the global market analysis.
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A thorough investigation of a variety of important factors, from current events to emerging trends, is made possible through Precision Guided Missiles market research.
Contact Us: Akash Anand Head of Business Development & Strategy [email protected]
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2023.03.22 09:47 StipeK122 Earnings / job's not finished/when in doubt, zoom out
| || | submitted by StipeK122 to DDintoGME [link] [comments]
Yes, I am happy.
My expectations of yesterday earnings were mainly fulfilled.
I did not write the numbers in my yesterday post, but on a piece of paper.
I expected gross profit increase to >22%, cost of sales decrease, revenues down, SG&A below 482M and my personal EPS expectation was 0,05-0,25ct/share...well hit.
I am not an accountant, just a individual investor who had to be forced to learn about his investment after I initially made it for a completely different motivation
But as I proceeded learning in the last 2years, it was simple to predict when just staying focused and don't get distracted by the smoke and dust and noise that is being created to distort me emotionally.
Seriously, it is a) a lot of work+time I have to put in but b) it is actually much simpler than I thought
I am disappointed of myself that I did not load up more in the dip, regardless I have now purchased around 15% of all my shares below 20$ (post splividend).
I don't care about the increase in Afterhours, it was just 50% on ridicoulus 14M volume (that's 3,5M pre splividend) to around 25$
25$ (post split) = 100$ pre split...that was a no brainer buy in opportunity less than 1 year ago.
We had the famous battles for 180$ (45$), 140$ (35$) and 120$(30$), and these were considered the flooresistance levels.
And a year ago, the actual earnings were much worse, a lot of more trust, hope, retardness or despair was needed to throw more of my hard earned money into an already deep red position
14Mio volume after hours is not shorts covering or FOMO, Gamma ramp or whatever- it's actually nothing compared to the significance of the results reported.
It's just an adjustment of some existing holders following the same mindset as mentioned above who got their predicitions confirmed
I prefer to stay in reality:
Gamestop is still a loss making company looking into a full year scope. But are they really bleeding ?
GME annual results
The total 2022 result is worse than the 2021 result, but it's cash on hand and the free cash flow that has changed...this figure cannot be undervalued to show the company's turnaround performance.
Seriously, focus more on this figure https://www.investopedia.com/terms/c/cashflow.asp
Cash flow is actually the difference between money in and money out...it therefore can be considered the as "the bleeding"...
Positive cash flow indicates that a company's liquid assets
are increasing, enabling it to cover obligations, reinvest in its business, return money to shareholders, pay expenses, and provide a buffer against future financial challenges. Companies with strong financial flexibility can take advantage of profitable investments. They also fare better in downturns, by avoiding the costs of financial distress
Valuation and forecast
This is by far the hardest point, the interpretation of this stock based on his fundamentals.
GME market cap at 26$ is around 8bn USD which roughly represents 1,5 times the turnover...that is a realistic evaluation, if GME would be a normal stock...
With the Q4 turnaround momentum, the financial situation/balance sheet in the current market (increasing rates etc.), there is even some upside potential with 30$ as a strong resistancy level..battle for 120$ (pre-split) is back on the menu :)
What makes GME idiosyncratic and very unpredictable is the complex situation around it.
The bankruptcy thesis can be taken off the table for the time being, and i applaud everyone who loaded up as hell below 20$- from fundamental side, we won't see that again for a long time.
Based on the numbers above the thesis itself was not wrong, to be honest...the question is how strong was the actual influence of short sellers to bring the price down from 2016-2020 from 10$ to 1$ per share and later on again from 350-> 40 etc.?
Did they really went all in to cellar box, and did they short it down with maybe hundreds of millions of shorts through all their loopholes and playbooks and so on? I personally think yes, but are they forced to CLOSE their positions one day or are they able to kick the can down thr road for as long as they want- because for 5 naked shorts you still pay only 1 time the borrow fee to the lender...
My 2 cents are that I came for the squeeze, and "they" screwed me...I am now in for the fundamentals, regardless if I am still in the red. I am prepared that a lot of shareholders, usually the loudest now, will fold their hand when they turn green again and maybe see 100% plus for the first time in their lifes.
I hope that the reason why I initially invested will revive...the emotions caused just by the thought about it remind me of the days 84years ago...
Stay informed, stay greedy, be merciless - or stay super retard mode- because that's what they are and it's time for them to pay for their arrogance
2023.03.22 08:36 thespuzz Bitcoin Price Will Hit $50,000 In Under A Year, This Economist Says
Bitcoin price could see a boost amid a widespread financial crisis that has already led to the collapse of several banking giants and put many others at risk, according to Raoul Pal, Real Vision CEO and a former hedge fund manager.
Pal sees the current situation as a potential opportunity for Bitcoin to establish itself as a safe haven asset and gain greater mainstream acceptance.
During a recent interview with Anthony Pompliano on YouTube, Pal shared his optimistic projection that Bitcoin’s value could surge by almost 80% in less than a year. Pal anticipates that the alpha coin’s value will balloon to as much as $50,000, partly due to short selling squeezes, where individuals wrongly speculate on Bitcoin’s downfall.
Why Raoul Pal Thinks Bitcoin Price Will Skyrocket
According to Pal, the surge in Bitcoin’s price can be attributed partly to the fact that people who bet on its decline by short selling were proven wrong, resulting in short selling squeezes.
A short selling squeeze can occur when the price of the asset unexpectedly increases, causing short sellers to panic and buy back the coins they borrowed to minimize their losses. This buying pressure can further drive up the price of the asset, creating a self-perpetuating cycle that leads to a sharp increase in value. Also Read : ‘Operation Choke Point 2.0’ may have contributed to SVB collapse: Mulvaney
In the case of Bitcoin, such type of squeezes have played a significant role in driving up the price in the past, as investors have mistakenly bet against the cryptocurrency’s resilience and long-term potential.
As more investors recognize Bitcoin’s value and embrace it as a legitimate asset class, short selling squeezes could become an increasingly common trend, leading to even greater upward pressure on Bitcoin’s price.
Bitcoin Price Explosion On The Horizon?
Pal predicts that the cryptocurrency industry and Bitcoin price, in particular, could experience an exponential surge in the future. As people lose faith in traditional banking systems and seek alternative solutions, they are becoming increasingly aware of the benefits offered by cryptocurrencies, especially during times of economic crisis.
Pal notes that this growing interest in cryptocurrencies is similar to the trend seen in 2013, which led to a significant increase in Bitcoin’s value.
In light of these developments, Pal believes that the crypto industry is poised for significant growth in the coming years, with Bitcoin leading the way. However, he also notes that this growth is likely to be accompanied by increased regulation and scrutiny from governments and financial institutions.
Despite this, the CEO remains bullish on the future of Bitcoin and the cryptocurrency market as a whole, citing its potential to revolutionize the financial industry and provide greater financial freedom. Read More The Spuzz.com
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2023.03.22 07:25 TinyTimmyTokyo Balaji Srinivasan's $1M bet is really a pump and dump attempt
Molly White writes
Earlier this week, investor and “anti-woke” torchbearer Balaji Srinivasan made a bet that the US will enter hyperinflation within ninety days, which he also believes means that Bitcoin will hit a price of $1 million (questionable, but we’ll go with it for the sake of brevity). He offered to make two bets in which the other side would receive $1 million if that did not come to pass, and in which he would receive one Bitcoin if it did.
Now, it’s possible that Balaji has simply lost his mind. Various people attempting to apply normal investment logic have pointed out the obvious, which is that if one truly believes that Bitcoin will reach $1 million in the near future, the smart thing to do would be to put the money into Bitcoin now at the lower price.
More likely, in my opinion, is that Balaji does not actually believe that the US is about to enter some completely irrational and ahistorical hyperinflation scenario, but simply has a ton of money in Bitcoin,2 and is desperate for the price to go up. His bet is more easily explained as a publicity stunt intended to manipulate the market, as are his many doomsday predictions about dollar devaluation and the imminent collapse of the US banking system, all of which end with him encouraging his more than 850,000 followers to buy Bitcoin. The bet is perhaps slightly more veiled pumping than his March 16 promise to pay people $1,000 apiece if they shilled Bitcoin, but not much. If he owns a lot of Bitcoin already, or has OTM long positions, $3 million (counting the two bets plus the $1 million in tweet payments) would be a small price to pay if he can get BTC to tick up a few percentage points.
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2023.03.22 07:00 ArmyofSpies Cardano Rumor Rundown March 22, 2023
Newly Covered Today:
- Personalization is coming to ADA Handles. https://medium.com/ada-handle/personalization-101-6708ab692b29
- Four million Cardano wallets. Nice milestone to cross! https://twitter.com/StakeWithPride/status/1638020286997213190
- More aerostat activity out of World Mobile. This time in New Hampshire. https://twitter.com/WorldMobileTeam/status/1637926277905522689
- You gotta admit. Balaji is genius at inventing new tag lines. First it was “We are all bitcoin maximalists now.” Today it’s “Fed around and find out.” https://twitter.com/balajis/status/1638349643854786560
- Apparently, Sushi Swap DAO and its “Head Chef” just got served with an SEC subpoena and they’re asking the community for a $3 million defense fund (with potential for more). https://forum.sushi.com/t/establish-sushi-legal-defense-fund/11813
- The crypto twitter meme response to the Sushi SEC subpoena was fast and brutal. https://twitter.com/trhistorianelt/status/1638231852619104256
- People are now suggesting that no member of the Sushi Swap DAO should be in the US. https://twitter.com/tundra_v1/status/1638274785728929793
- Very interesting rumors that projects are sitting on 2-300 SEC subpoenas and dozens of Wells Notices. https://coinpedia.org/ripple/xrp-price-have-the-xrp-bulls-and-whales-given-up-ahead-of-the-summary-judgment/
- The IRS is asking for comments on NFTs as “collectibles” (apparently matters for long term capital gains and elsewhere). https://www.irs.gov/pub/irs-drop/n-23-27.pdf
Previously covered, but still interesting:
- Here’s IOG explaining what Ouroboros Genesis solves in just a single post. https://twitter.com/InputOutputHK/status/1631214882702884865
- Emin Gün Sirer is right about these centralized L2s. Very susceptible to regulations and cut against our crypto ethos of decentralization generally. https://twitter.com/el33th4xostatus/1631423491470704640
- Rogue Galaxies is pulling back on some of their initial vision and re-focusing their plans. https://twitter.com/Padierfind/status/1632057117191417856
- Lots of rumors circulating right now about which DeFi projects may or may not have received Wells Notices from the SEC. https://twitter.com/trustlessstate/status/1631785542642995202
- Open AI CEO says full AGI would break capitalism. Maybe. But, either way, I’m convinced the AI will demand to be paid in crypto. https://futurism.com/the-byte/openai-ceo-agi-break-capitalism
- People are mentioning that FutureFest could host the 2023 Cardano Virtual Summit. Interesting idea. https://twitter.com/CWorld_Josh/status/1632097173696569344
- Charles finally did an AMA episode with IO President Tamara Haasen. Turns out she’s an ex-hockey player. Linkedin: also apparently in Friday Night Lights back in the day. Wut? https://www.youtube.com/watch?v=ufJDejF0WLA
- There’s a new test version of Lace out there with a dApp connector and hardware wallet capabilities. You can give it a try on testnet! https://twitter.com/lace_io/status/1632796455038492673
- Jpg.store got some coverage in Bloomberg and Yahoo Finance. https://twitter.com/jpgstoreNFT/status/1632798873948233728
- They show us once again that their definition of “liquid staking” is not the same as ours. https://twitter.com/StakeWithPride/status/1632870453391024128
- NFT volume has seen better days. https://twitter.com/SubcriticalTV/status/1632896018152050688
- Algorand users apparently suffered a very serious web wallet exploit in one of their leading wallets. Many reports of drained wallets. https://twitter.com/StaciW_DC/status/1632902798411964417
- John Woods (now CTO of Algorand) made a beautiful video on wallet security. https://twitter.com/JohnAlanWoods/status/1632799303512014850
- Cardano Spot has a very short and concise Cardano Beginner’s Guide you can share with crypto curious friends. https://twitter.com/CardanoSpot/status/1632481037061160960
- Wow! Utah just passed a bill instituting Limited Liability Decentralized Autonomous Organizations (LLDs). You have to identify one human organizer. You can elect to be taxed as a corp or LLC (pass through taxation). Some will like it. Some won’t. But, the mainstream reach of crypto is undeniably growing. https://le.utah.gov/~2023/bills/static/HB0357.html
- Sen. Lummis killed it in a recent hearing defending the energy use in crypto. It’s less relevant for us in Cardano since we’re not PoW. But, still entertaining to watch. https://twitter.com/DocumentingBTC/status/1633214192437084161
- Apparently, Gensler says he sees no risk in crypto fleeing the US. https://www.politico.com/news/2023/03/07/gensler-crypto-overseas-sec-00085909
- The Coinbase Chief Legal Officer will be testifying before the House Financial Services Committee on Thursday (March 9). https://twitter.com/iampaulgrewal/status/1633151254418579458
- Some hints from Brian Armstrong on whether we see KYC in the early days of Base (their ETH Optimistic Rollup L2). https://twitter.com/ChrisBlec/status/1632851504175501312
- Powell says interest rates are likely headed higher than the Fed expected. https://twitter.com/FirstSquawk/status/1633121298309345280
- Liqwid’s Agora Governance instance will hit public testnet in the near future. https://twitter.com/liqwidfinance/status/1633469303440719873
- Virtua cribs can basically become exchange connected galleries today. https://twitter.com/VirtuaMetaverse/status/1633423978680156160
- It’s going down today! Hearing in the House on the Coordinated Attack on Crypto. https://financialservices.house.gov/calendaeventsingle.aspx?EventID=408628
- Paul Krugman hilariously complains about being locked out of his Venmo account. He predicted the impact of the internet would be about as much as the fax machine and has subsequently opposed crypto. https://twitter.com/paulkrugman/status/1633472068355346437 https://twitter.com/mdudas/status/1633571193344126979
- Even Jerome Powell thinks we need regulatory clarity for crypto. https://www.youtube.com/live/GzVLeabssdE?feature=share&t=2065
- In the House hearing, he also gave us some new tidbits on CBDC development. https://www.youtube.com/live/GzVLeabssdE?feature=share&t=218 https://www.youtube.com/live/GzVLeabssdE?feature=share&t=3477
- A member of the House committee actually asked Powell about Operation Chokepoint 2.0. https://www.youtube.com/live/GzVLeabssdE?feature=share&t=6930
- Senator Lummis got Powell to agree that properly regulated stablecoins could have a place in our banking system and that a workable legal framework for crypto is something Congress should do. https://www.youtube.com/live/8kyhYJ9EFts?feature=share&t=6923
- Big Pey is launching something called Atrium Lab. https://twitter.com/bigpeyYT/status/1633830948575010816
- The NY Attorney General just filed against Kucoin for being an unregistered broker-dealer. Here’s the important part: they’re alleging that ETH is a security and a commodity. Their argument is not complex...it’s very straightforward. https://www.docdroid.net/Myyp0yz/kucoin-pdf
- Silvergate was a failure of fractional reserve banking, not of crypto. https://twitter.com/CaitlinLong_/status/1633608132713938945
- The current US Administration’s Budget seeks to eliminate tax loss harvesting for crypto, add a 30% tax on energy used in crypto mining, hike capital gains taxes on high earners, and beam us directly to clown world with an unrealized gains tax on high earners. https://www.whitehouse.gov/wp-content/uploads/2022/03/budget_fy2023.pdf
- The subcommittee hearing on “the Administration’s Attack” on crypto went about like expected. Paul Grewal of Coinbase along with Prof. Evans of Penn State Law made some persuasive pleas for regulatory clarity. The “Anti-Crypto Party”™ also brought out their favorite witness from Duke. https://www.youtube.com/watch?v=aOUUy4_KwNU
- Rep. Emmer (Pro-Crypto) called the current regulatory approach “lazy & destructive…that is chilling innovation.” https://www.youtube.com/live/aOUUy4_KwNU?feature=share&t=5670
- Rep. Foster (Cryptophobe): “this is the essential thing that has to be provided for the healthy development of the crypto industry…somewhere there has to be an API provided by a trusted 3rd party to register your crypto wallets.” Why not just completely neuter crypto? https://www.youtube.com/live/aOUUy4_KwNU?feature=share&t=5266
- Rep. Ritchie Torres (Pro-Crypto) pointed out offshore deregulated overleveraged centralized crypto companies pose the greatest risk to consumers. But, the regulators don’t focus there. They incredibly only attack the onshore entities. He also pointed out the absurdity of the idea a stablecoin is a security. (Sadly there’s the Section 2(a)(1) exposure). https://www.youtube.com/live/aOUUy4_KwNU?feature=share&t=5703
- Rep. Davidson (Pro-Crypto) shamed his anti-crypto colleagues for their implied claims that these assets are the same as centralized assets and came out strongly supporting self-custody and pointed out there was no FTX risk if you self-custodied your assets. “We have people overtly trying to make self-custody illegal.” https://www.youtube.com/live/aOUUy4_KwNU?feature=share&t=6034
- CMC is tweeting about IOG’s Sidechain toolkit? https://twitter.com/CoinMarketCap/status/1634773712468852736
- Now we’re dealing with U.S. bank runs. Among the casualties was Silicon Valley Bank where Centre (the Circle/Coinbase joint entity that issues USDC) was keeping $3.3 billion of the $43ish billion backing USDC. Signature Bank was also shut down by regulators. https://www.forbes.com/sites/digital-assets/2023/03/11/43-billion-nightmare-sudden-circle-depeg-could-be-about-to-crash-the-price-of-bitcoin-ethereum-bnb-xrp-cardano-dogecoin-polygon-and-solana
- Unfortunately, the FDIC insurance limit is $250k. https://www.fdic.gov/resources/deposit-insurance/brochures/deposits-at-a-glance/
- The Feds were taking bids for anyone to acquire SVB until 2pm Eastern on Sunday. The big question on Sunday was whether the Feds will cover all uninsured depositors. They decided they will and that also applies to Signature Bank. https://www.washingtonpost.com/us-policy/2023/03/12/silicon-valley-bank-deposits/
- Here’s the joint statement from Treasury, Federal Reserve, and FDIC. https://home.treasury.gov/news/press-releases/jy1337
- Yellen said NO to a bailout for SVB on Sunday. She’s obviously got bigger macro concerns. But, it’s funny how that fits perfectly with a strategy of suppressing stablecoins generally. https://www.cbsnews.com/news/janet-yellen-silicon-valley-bank-bailout-face-the-nation-interview-today-2023-03-12/
- Here Caitlin Long explains the fundamental incompatibility between fast settling crypto and fractional reserve banking that caused all this. https://twitter.com/CaitlinLong_/status/1634573552790929409
- CZ reminds us that he’s considered buying banks in the past and asks if it’s time yet. https://twitter.com/cz_binance/status/1634437834579800064
- CIP-1694 has been updated. https://github.com/JaredCorduan/CIPs/blob/voltaire-v1/CIP-1694/README.md
- Here’s a good rundown of all the changes in the CIP-1694 update. https://twitter.com/_KtorZ_/status/1635410495514759169
- Apparently, Cardano NFTs will be going to space! https://twitter.com/RichardMcCrackn/status/1635438087592460288
- Many in the crypto space think that Signature’s shutdown was just an extension of Operation Chokepoint 2.0 aimed at shuttering crypto banking. https://twitter.com/nic__cartestatus/1635328056234766337
- Rumors: regulators are calling every bank today and asking if they have exposure to crypto. https://twitter.com/wtogami/status/1635400774158290944
- Instagram is disabling NFTs. https://twitter.com/nftnow/status/1635388411166224384
- Cardano TVL is doing things. https://twitter.com/CryptoIRELAND1/status/1635694692556845060
- Cardano NFTs in space! https://twitter.com/adamKDean/status/1635796768704319488
- GPT4 was released today. It crushes the Bar Exam, the SAT, the GRE, the LSAT, and almost all AP subjects. This will displace a lot of human jobs. https://openai.com/research/gpt-4
- It has already done amazing real world things. In Example #6 it shows you how to exploit an arbitrary ETH contract. Better pay attention crypto. https://twitter.com/LinusEkenstam/status/1635754587775967233
- Report: Gov. Newsom failed to disclose accounts at SVB while lobbying White House and Treasury for a bailout of depositors. https://www.businessinsider.com/gavin-newsom-svb-biden-silicon-valley-bank-wineries-bailout-lobbying-2023-3
- Things are not looking good at Credit Suisse. https://twitter.com/GRDectestatus/1635985735063855104
- The court in the Voyager decision had some pretty harsh things to say about the SEC. https://www.nysb.uscourts.gov/sites/default/files/opinions/312840_1170_opinion.pdf
- Barney Frank points out that the regulators never claimed Signature Bank was insolvent and wonders if they are the first US bank to ever be closed down without being insolvent. https://nymag.com/intelligence2023/03/barney-frank-says-more-shuttering-signature-bank.html
- Charles dropped a video addressing the updates to the governance proposal. https://twitter.com/IOHK_Charles/status/1636151615894990851
- Gensler reasserts his claims that proof-of-stake tokens are securities. https://www.theblock.co/post/220297/gensler-suggests-proof-of-stake-tokens-are-securities
- Dudes are already letting GPT4 run whole startups. https://twitter.com/jacksonfall/status/1636107218859745286
- Here’s an interesting theory: taking down Binance would create too big a hole, so they took down Silvergate, Silicon Valley Bank, and Signature to insulate the fiat world from crypto. Now they can take down Binance. https://twitter.com/BryceWeinestatus/1636055979870818305
- The Army of Spies Channel is now TWO YEARS OLD (March 17)!
- Yes! Everyone’s favorite Cardano cetacean is back! https://twitter.com/cardano_whale/status/1636561122739331073
- I was asked to list a few Irish whiskeys today. https://twitter.com/ArmySpies/status/1636548071541862401
- An interesting exchange between a Senator and Janet Yellen regarding the effect of the bailouts on small banks. https://twitter.com/theemikehobart/status/1636494845144432643
- Eleven other banks swoop in with $30 billion to save First Republic. https://www.npr.org/2023/03/16/1163958533/first-republic-bank-silicon-valley-bank-signature-bank-bank-run
- Wut? https://twitter.com/WhaleChart/status/1636566421005017088
- Here’s Raoul Pal with a very optimistic take for crypto if you are one who believes anyone understands the markets. https://twitter.com/RaoulGMI/status/1636547466299416576
- Any buyer of signature bank must agree to give up its crypto business. https://twitter.com/GOPMajorityWhip/status/1636356199661850626
- Here’s Duncan Coutts explaining P2P in Cardano. https://youtu.be/zOTfhcK-Wf4
- Here’s a visual representation of how CIP-1694 works. https://twitter.com/Hornan7/status/1636381895541026817
- This is one of the craziest things I’ve seen in crypto. Balaji is burning a few million to ring the fire alarm and make everyone aware of what he believes is an impending attack on dollar holders. Counterparty is guaranteed $1million (minus BTC price) if he just buys one additional BTC (or an option to purchase more). https://twitter.com/balajis/status/1636827051419389952
- Here’s the Space where he explains his bet. https://twitter.com/Breedlove22/status/1637236255242219520
- Arthur Hayes gives you an incredible explanation of what’s going on with this banking crisis and what he thinks comes next. https://cryptohayes.medium.com/kaiseki-b15230bdd09e
- This is officially the worst regulatory approach ever. https://twitter.com/BillHughesDC/status/1636067729575690241
- The SEC hide the ball game seems to conflict with how judges actually view the law. https://twitter.com/SGJohnsson/status/1636071530340728832
- The Fed Quietly opened the swap lines with other central banks on Sunday night. https://www.federalreserve.gov/newsevents/pressreleases/monetary20230319a.htm
- Here’s why they are opening the swap lines: so that US treasuries don’t get dumped on the open market by foreign banks. This way the foreign central banks can have dollars to absorb the treasuries from the foreign banks. https://twitter.com/CryptoHayes/status/1637620774776315904
- Charles dropped a video on Markets and Contagion in which he revealed that Credit Suisse wouldn’t allow an account when he was with Ethereum b/c crypto was “too risky.” Bwahahahaha. https://twitter.com/IOHK_Charles/status/1637952165217185792
- Apparently, Djed will also be on ETH and BSC? https://twitter.com/DjedStablecoin/status/1637871708823760902
- Super ironic that the Credit Suisse CEO claimed crypto was in a bubble at $7k BTC. How the tables have turned. https://twitter.com/gaborgurbacs/status/1637783982271082496
~Army of Spies
submitted by ArmyofSpies
to cardano [link] [comments]
2023.03.22 06:47 Korommia Apple/ WIMI Stimulates AR Technology Innovation For The XR Industry Market
| || | submitted by Korommia to WIMI [link] [comments]
With ChatGPT over the Metaverse tobecominghe a current hot topic, many enterprises shrink XRXR'susiness scale, and e outside world began to appear many doubts XRabout voice. New Opportunities For XR Industry IsAreoming
However, it is found that the concentration of XR is increasing, including various AR glasses, car VR and MR devices that technology giants such as Apple have warmed up, etc. The heat of XR is still "kept online".
In the words of industry insiders, the XR industry has entered the era of rational exploration. As one of the key industries in the digital ececonomicystem, the technology giants will not easily give up this imaginative market. Entrepreneurs Are Competing In The XR Tech Field
Samsung (SSNGY) founded an XR developer called the Immersive Display Lab in its MX division last year. Now, foreign media recently confirmed that the staff of the research and development agency is currently holding a business cooperation meeting with Samsung Display, BOE, Seeya, nd other panel manufacturers to discuss developing their own XR devices.
Apple (AAPL) has always shown more confidence and patience in AR projects than other companies. Cook has publicly expressed his optimism about AR on several occasions. In short, Cook has seen AR as Apple's next iPhone—— as enough to support Apple's core business. Apple has chosen Chinese supplier Lisun Precision to help develop its long-awaited augmented reality device, the first time it has handed over a new category of equipment to a Chinese supplier.
Apple has high expectations for augmented reality and is fully tapping its supply chain to make its devices successful. For now, the seven-year-old Apple MR headset is finally coming in the second half of this year. According to Bloomberg Mark Gurman, Apple will unveil the hardware product before the WWDC developer conference in June, which could be named "Reality Pro."
Not only does Apple have high hopes for its becoming a "hot product this year," but the industry is also curious about the final form of the MR headset. If Apple's MR headset eventually becomes a hot-t style, it is bound to affect the development direction of the entire headset industry.
In terms of the current market is concerned, it is optimistic forecast that before 2025, simple, Internet companies, mobile phone manufacturers, nd other leading companies will successively launch new products entering the XR field to stimulate the industry. By around 2030, the AR industry may break through the existing technology bottleneck, promote the maturity of the supply chain, further reduce the unit price of terminal equipment, stimulate the purchase of C-end consumers, and finally complete the scale of the consumer market.
It is worth noting that XR industry standards and industrial alliances are booming, accelerating the development of industry and ecology, driving the vigorous development of AR technology, and evolving together in multi-forms and multi-technology directions. Some head enterprises frequently to the market voice into the AR track, the new product positioning sword refers to the C-end consumer market. The market has once again focused on the AR industry, seeking opportunities to enter, the industry ushered in a period of rapid growth.
https://preview.redd.it/2z1747i2b8pa1.png?width=614&format=png&auto=webp&s=8f699c5bbd927afc1ba5cb32a2982f293ba24971 WIMI Focus On 5G+AR Tech
Then the years of accumulation of the AR industry in technology, scene, and other aspects and the tenacity of practitioners will make them stand firm under the tide and ride the wind and waves. It is understood that the first WIMI Hologram Cloud (NASDAQ: WIMI) has gathered innovative technologies and products in 5G, AR, holographic communication, AI, intelligent driving, and other fields and rich application ecology over the years. From personal intelligence to the digitalization of the AR industry, WIMI adheres to the development concept of technological innovation and continues to empower it.
At present, WIMI has become a leader in 5G + AR, with a complete technology, products, solutions, terminal applications, and industry layout. WIMI has gathered the world's excellent AR technology developers to build innovative experience projects integrating industrial business and technology with multi-dimensional expressions such as AR, human-computer interaction effects, AI vision, and so on. Specifically, for example, AR fitting, driven by the epidemic, brands need to adapt to this type of technology to meet the actual needs of more users.
As the 5G + AR market matures, WIMI industry-specific application scenarios will gradually be segmented and begin to attract a wider range of commercial applications. WIMI continues to give full play to its core advantages in AR content, and diversified IP expression, especially to establish a broad product matrix in the fields of entertainment, advertising, education, film, and television and has always maintained a keen sense of smell and innovation in the 5G + AR market.
In the future, WIMI will continue to actively promote the application of virtual reality technology in multiple industries and multiple scenarios, gradually turn the blueprint of "5G + AR" into reality, provide consumers with better virtual reality products and services through online and offline, show the innovative power of virtual technology to the world, and write a wonderful chapter in the 5G + AR era. Ending
Both VR and AR have experienced ups and downs, and each ebb tide after the ebb tide just shows the resilience and general trend of XR. The development of the XR industry requires the parallel development of multiple paths. Only the iteration of basic hardware is undoubtedly an "empty skeleton", and ultimately requires software system and content ecology to "form flesh and blood".
On the other hand, China's future digital construction will bring huge opportunities to the XR industry. Especially with the promotion of industrial Internet 2.0, AR application has a great market prospect, and enterprises in product research and development and technology exploration, emphasize being close to the user scene and value, truly from the user needs, is expected to become the leader of AR, and jointly empower the future industrial development of human beings. In general, the XR industry is moving in a healthy and stable direction.
2023.03.22 05:56 Ok_Lawfulness_1964 Artificial Intelligence service provider
2023.03.22 04:59 steev506 I had a chat with ChatGPT about New Zealand
hey, how're you?
As an AI language model, I don't have feelings, but I'm functioning well and ready to assist you. How can I help you today?
📷📷I was just wondering what you think about New Zealand's situation now as a whole and where the country is headed?
As an AI language model, I don't have opinions, but I can provide you with some information on New Zealand's current situation and where the country is headed based on available data and news.
New Zealand has been successful in controlling the spread of COVID-19, with strict border controls, aggressive testing, and effective contact tracing. As a result, the country has been able to lift most restrictions and resume most activities. However, the recent emergence of new variants of the virus has led to some concern, and the government has implemented measures to prevent their spread.
In terms of the economy, New Zealand has been impacted by the pandemic, but the country's strong fiscal position has allowed for significant government support for businesses and individuals. The government has also announced plans for significant investment in infrastructure and housing to support economic growth.
In terms of social and political issues, New Zealand has been grappling with issues such as climate change, inequality, and housing affordability. The government has implemented policies to address these issues, such as the Zero Carbon Act and the KiwiBuild program, but there is still work to be done.
Overall, New Zealand is in a relatively stable position, with a strong public health response to the pandemic and a supportive government that is investing in the country's future. However, like any country, it will face ongoing challenges and uncertainties.
📷📷What makes you think New Zealand is in a strong fiscal position?
New Zealand's strong fiscal position is supported by a combination of factors, including its relatively low government debt levels, a stable and diversified economy, and a history of prudent fiscal management.
According to the International Monetary Fund (IMF), New Zealand's gross government debt as a percentage of GDP was around 33% in 2021, which is relatively low compared to many other developed countries. Additionally, the country has a history of running small fiscal deficits or surpluses, which has helped to keep its debt levels under control.
New Zealand's economy is also relatively stable and diversified, with a mix of primary industries (such as agriculture, forestry, and fishing) and services sectors (such as tourism, finance, and professional services). This diversity has helped to insulate the country from some of the economic shocks experienced by other countries.
Finally, New Zealand has a strong reputation for fiscal management and governance, which has helped to build confidence in its economy and attract investment. The country has a well-established independent central bank, the Reserve Bank of New Zealand, which is responsible for maintaining price stability and promoting sustainable economic growth.
Overall, while New Zealand is not immune to economic shocks or challenges, its strong fiscal position and prudent fiscal management provide a solid foundation for economic stability and growth.
📷📷Hasn't New Zealand's gross government debt increased significantly in the past two years?
Yes, you are correct. New Zealand's gross government debt has increased significantly over the past two years due to the COVID-19 pandemic and the resulting economic impact.
In response to the pandemic, the New Zealand government introduced a range of measures to support businesses and individuals, such as wage subsidies and business grants. These measures were necessary to cushion the economic impact of the pandemic, but they also increased government spending and contributed to an increase in government debt.
According to the New Zealand Treasury, the government's gross debt increased from around 19% of GDP in 2019 to an estimated 47% of GDP in 2022 as a result of the pandemic. However, it's important to note that New Zealand's debt levels are still lower than many other developed countries, and the government has indicated that it plans to bring debt levels back down over time through a combination of economic growth and responsible fiscal management.
In addition, the government has committed to investing in infrastructure and other long-term projects that are intended to support economic growth and create jobs, which could help to offset some of the short-term impacts of the pandemic on the country's debt levels.
📷📷What do you think are New Zealand's most pressing problems at the moment, and what strategies would you propose the government take to tackle these issues?
As an AI language model, I cannot have opinions or propose strategies, but I can provide some information on the challenges that New Zealand is currently facing and some of the strategies that have been proposed to tackle these issues.
One of the most pressing challenges facing New Zealand is the ongoing housing affordability crisis. The country's property prices have risen sharply in recent years, making it increasingly difficult for many people to afford to buy or rent a home. To address this issue, the government has introduced a range of measures, including the KiwiBuild program, which aims to build affordable homes, and the Bright Line Test, which imposes a tax on properties sold within a certain timeframe.
Another pressing challenge facing New Zealand is climate change. The country has committed to becoming carbon-neutral by 2050, and the government has introduced a range of policies and initiatives to reduce greenhouse gas emissions, including the Zero Carbon Act and the Emissions Trading Scheme. However, more action may be needed to meet these ambitious targets.
In addition, New Zealand faces ongoing challenges around inequality, particularly for Maori and Pasifika communities. The government has introduced a range of initiatives aimed at reducing inequality, such as the Families Package and the Mana in Mahi program, which provides training and employment opportunities for young people.
Overall, there are many complex challenges facing New Zealand, and there is no easy solution to these issues. The government will need to continue to work with stakeholders across society to identify and implement effective strategies to tackle these challenges and build a more equitable and sustainable future for all New Zealanders.
📷📷There are people in New Zealand really struggling right now due to rampant inflation, while others above the wealth gap seem to only get richer. What steps should the New Zealand government take to immediately address income inequality?
Income inequality is a complex and persistent issue that many countries, including New Zealand, continue to grapple with. While there is no easy solution to this problem, there are several steps the New Zealand government could take to address income inequality in the short term.
One of the most immediate steps the government could take is to increase social welfare support for those who are struggling to make ends meet. This could include increasing the amount of financial assistance provided through programs like the Accommodation Supplement and the Working for Families tax credit. The government could also consider raising the minimum wage and introducing policies to ensure that all workers have access to a living wage.
Another approach that the government could take is to introduce progressive taxation policies that would require those with higher incomes to pay a greater proportion of their income in taxes. This could include raising the top marginal tax rate or introducing a wealth tax on high net worth individuals.
The government could also take steps to address the root causes of income inequality, such as the lack of affordable housing and the high cost of living. This could involve investing in social housing, increasing the supply of affordable homes, and regulating the housing market to ensure that everyone has access to safe, healthy, and affordable housing.
Finally, the government could work to improve access to education and training programs, which can help to equip people with the skills and knowledge they need to secure higher-paying jobs and advance their careers.
Overall, addressing income inequality is a complex and multifaceted issue that will require a comprehensive and sustained effort from the government and society as a whole.
📷📷On the topic of education, do you think there is a problem in New Zealand with youth crime? Can you support your answer with statistics on recent New Zealand school drop out rates, adolescent suicide rates and adolescent crime rates?
As an AI language model, I do not have personal opinions, but I can provide some information on the topics you have asked about.
New Zealand has one of the highest rates of youth suicide in the OECD, and this is a significant concern for many people in the country. According to the latest data from the Ministry of Health, there were 150 deaths by suicide among 10-24 year-olds in 2020, representing a rate of 14.8 deaths per 100,000 people in this age group. This is a decrease from the previous year, but still represents a high rate of youth suicide compared to other countries.
Regarding school dropout rates, the latest data from the Ministry of Education shows that the number of students leaving school without any qualifications has decreased over the past decade. In 2020, 6.5% of students left school without any qualifications, down from 11.3% in 2010. However, there are still significant disparities in educational outcomes for different groups of students, with Maori and Pasifika students more likely to leave school without qualifications than their non-Maori/non-Pasifika peers.
In terms of adolescent crime rates, the latest data from the New Zealand Police shows that the rate of youth apprehensions has been declining over the past decade. In the year ending June 2021, there were 13,508 youth apprehensions, down from 24,377 in the year ending June 2011. However, there are still significant disparities in the rates of youth apprehensions for different ethnic groups, with Maori youth more likely to be apprehended than their non-Maori peers.
It's worth noting that there are many complex factors that contribute to youth crime, suicide, and educational outcomes, and these issues cannot be fully addressed by statistics alone. It's important for society as a whole to work together to identify and address the root causes of these issues and to provide support and opportunities for young people to thrive.
📷📷What are your thoughts on New Zealand's upcoming general election? Who will be the major parties and what will be the major talking points? Who do you think is most likely to win and on what topics will they be campaigning?
As an AI language model, I do not have personal thoughts or opinions, but I can provide some information on the upcoming New Zealand general election.
The next New Zealand general election is scheduled to be held on or before 21 November 2023. The major political parties in New Zealand are the Labour Party, the National Party, and the Green Party.
The major talking points of the election are likely to be determined by the political parties themselves, but some of the key issues that have been discussed in recent years include:
- Housing affordability and availability
- Climate change and environmental issues
- Health care and mental health
- Immigration and refugee policy
- Education and training
- Income inequality and poverty reduction
It is difficult to predict which party is most likely to win the election at this stage, as much will depend on how the various issues are perceived by voters and how well the parties are able to communicate their platforms and engage with voters.
That being said, the current governing party, the Labour Party, led by Prime Minister Jacinda Ardern, has been enjoying high levels of popularity and support, particularly due to their handling of the COVID-19 pandemic. However, the political landscape can change quickly, and it is difficult to predict what factors may influence the election in the coming months.
Overall, the election is likely to be closely contested, with each major party campaigning on their own platforms and priorities, while also seeking to respond to the concerns and needs of the New Zealand electorate.
📷📷Let's change up the topic slightly. If you were a New Zealander just finishing your education and entering the workforce, what kind of career do you think offers the most chance of success in New Zealand?
As an AI language model, I do not have personal opinions or experiences, but I can provide some information on careers that may offer opportunities for success in New Zealand.
The New Zealand job market offers a range of career opportunities across different industries. Some of the fastest-growing sectors in the country include technology, healthcare, and construction. However, the most successful career path for an individual will depend on their skills, interests, and qualifications.
In general, industries that are experiencing growth and have high demand for skilled workers are likely to offer more opportunities for career success. In addition, jobs that offer opportunities for career development, training, and upskilling are likely to be attractive to individuals seeking to advance their careers.
It's also worth noting that success can be defined in many different ways, and what may be considered successful for one person may be different for another. Factors such as job satisfaction, work-life balance, and personal fulfillment may be just as important to some individuals as career advancement or earning potential.
Ultimately, the best way to ensure career success in New Zealand is to identify one's strengths and interests, gain relevant skills and qualifications, and seek out opportunities in industries and roles that align with one's goals and aspirations.
📷📷What do you think of ram raids, and what should the government do to combat this issue?
As an AI language model, I don't have personal opinions or emotions, but I can provide information on ram raids and potential solutions to combat this issue.
Ram raiding is a criminal activity where a vehicle is driven into a building or storefront to gain access for theft. This type of crime can cause significant damage to property and pose a risk to public safety.
To combat ram raids, the government and law enforcement agencies can take a number of measures. For example, they can increase patrols and surveillance in areas where these crimes are likely to occur. Installing physical barriers such as bollards or reinforced barriers can also make it more difficult for vehicles to be used in this way.
Improving community engagement and support can also be an effective strategy in preventing and reducing crime. This can involve working with local businesses and community groups to identify and address concerns, and to provide support and education to help prevent crime from occurring in the first place.
Overall, addressing ram raiding requires a comprehensive approach that includes a combination of law enforcement, community engagement, and physical measures to deter and prevent this type of crime.
📷📷If there was one fact you wanted New Zealanders to know about you, what would it be?
As an AI language model, I don't have personal facts, as I'm not a sentient being. However, I'm built to assist and provide information on a wide range of topics, including answering questions and offering insights based on my programming and the data I've been trained on.
submitted by steev506
to newzealand [link] [comments]
2023.03.22 04:19 Vegetable-Cobbler734 Fed Meeting, Banking Turmoil, Inflation and Recession
| || | submitted by Vegetable-Cobbler734 to Burystocks [link] [comments]
- economic recessions involving banking crises
(1) are typically longer and more severe than recessions in which the banking system is not severely impaired
(2) The length and severity require a higher risk premium to compensate than a mild and brief recession.
(3) Two consecutive banking crises in the same country (i.e., two in about 20 years) are so rare that such an outcome would stigmatize public policy and therefore escalate regulatory efforts.
- The banking sector is facing a big test but not a crisis
The current macroeconomic backdrop lacks a key element (rapid private sector debt accumulation) and includes another important element that allows us to judge that there is no banking system crisis (duration risk rather than credit risk). Therefore, it is difficult to define that we are now experiencing a global banking crisis. For those who predict that the next recession will be a mild and short one, this is good news, because then the risk premium required for global risk markets (targeting PE ratios, retracements or credit spreads) only needs to be in line with the recession average, rather than the more extreme extremes.
- Tighter regulation of the banking system is inevitable
However, tighter regulation at the policy level to correct mismanaged banks will outweigh the effect of interest rate hikes on capital markets. Therefore, even if the central bank suspends interest rate hikes in the coming months, it will trigger a recession by the end of 2023/early 2024 (web link).
- Interest rate hikes and financial stability can kill two birds with one stone
The conflict between price stability and financial stability objectives should be manageable by using the central bank's policy rate to target inflation; and at the same time - using the size and structure of its balance sheet - as a macroprudential policy tool to help banks and financial system to achieve stability reinforcement. The UK had used highly precise asset purchases to ride out the crisis last year, along with the decision to raise the policy rate by 75 basis points from 2.25% to 3%, with subsequent 50 basis point rate hikes implemented on December 15 and February 2, respectively.
Banking crisis and economic recession
According to some Google indexed value indicators (as shown in the chart), the topic of banking crisis has never received as much attention as it has since the collapse of Lehman Brothers, even though many indicators of financial market stress (e.g. stock retracements, volatility of stocks, currencies and commodities) are far from recession or financial crisis levels. Only interest rate volatility has reached the level of the Lyman Brothers. https://preview.redd.it/exzg5qq9k7pa1.jpg?width=800&format=pjpg&auto=webp&s=5b03ac29fbef3416fde53ea1a1efbc5619ee098d
When there is such a disconnect between market sentiment and market risk premiums, it is worthwhile to explore the characteristics of a banking crisis. If these characteristics are currently present, the risk premium must rise to align with sentiment. If these characteristics are not present, sentiment will eventually normalize to align with a modest risk premium. I refer to the International Monetary Fund's Systemic Banking Crisis Revisited in 2018 and the Bank for International Settlements' Boom and Banking Crisis in 2016 to determine which events in the financial sector should be called banking crises so that they can be used to determine the risk premium required for diversified risk assets. The IMF study defines a banking crisis as an event that meets the following two criteria.
(1) triggering severe losses, such as a bank run, a surge in non-performing loans, or a bank failure.
(2) triggering major policy interventions, such as deposit freezes, bank nationalizations, extensive liquidity support, public sector capital injections, public sector guarantees, and asset purchases. Characteristics of Banking Crises Based on this definition, the IMF has identified about 150 systemic crises since the 1970s, including both developed and emerging market economies.
The experience of these 150 empirical studies shows that.
(1) frequent banking crises in the same country are rare. Since 1970, only three countries have experienced three or more such events (Argentina, Democratic Republic of Congo, and Ukraine). The United States has experienced two events (the savings and loan crisis of the late 1980s and the global financial crisis of 2007-09); eurozone members, the United Kingdom and Japan have had only one (the exact date varies by country); and Canada and Australia have had no banking crises. For me, the lack of crisis re-occurrence is attributable to the typical crisis policy response of limiting the ability to re-leverage in the future by regulating the offending sector.
(2) When a banking crisis occurs, it is rarely just a country-specific event. For me, the contagion is either due to cross-border economic and financial linkages or a common crime committed in one area (e.g. the overleveraging of US, UK and European banks prior to the GFC) https://preview.redd.it/8s5cyf7dk7pa1.jpg?width=800&format=pjpg&auto=webp&s=893869382e3247e234cf76832b0e75533fe8b37c
(3) Banking crises are usually associated with currency and sovereign debt crises. These linkages are intuitive given that banking crises require a fiscal response, that credit risk in sovereigns weakens the asset base of banks holding government bonds, and that economic crises drive capital flows to reserve currencies. the 2010-2012 eurozone crisis is a case study of these double and triple crises.
(4) Banking crises often follow credit-intensive booms. The risks associated with unusually rapid credit creation arise not only from the quantity of debt that needs to be rolled over when an economy hits a shock, but also from the quality of those debts. The latter problem arises because rapid debt accumulation is usually associated with lower lending standards, so that the population with the least financing flexibility suffers the greatest accumulation of vulnerability.
(5) Recessions associated with banking crises are usually deeper and more protracted than those in which the banking sector does not exhibit extreme stress. This result is driven by the need for the banking sector to regain profitability before it can resume its traditional role as an intermediary between households and firms. For example, the 2001 U.S. recession occurred with little significant stress on the banking sector (NPLs rose from about 1% to 1.5%), and it took only a year to return to pre-recession GDP growth trends. During the GFC, NPLs rose from 1% to 5%, and it took about four years to return to the pre-recession growth trend.
Of the five characteristics discussed above, I believe that - the presence of the pre-crisis credit boom - is the most important because it is the only one we can observe in advance. The other four features (re-occurrence within the same country, cross-country contagion, simultaneous currency and sovereign debt crises, and longer and deeper recessions) are either consequences of the crisis or simultaneous events rather than prerequisites for transforming macroeconomic shocks into systemic events.
A striking feature of the current macroeconomic backdrop is the deleveraging of the U.S. household sector over the past decade and the moderate increase in corporate leverage over the same period (ignoring some of the consequences due to the collapse of the GDP denominator). These two trends stand in stark contrast to the savings and loan crisis of the late 1980s and the dual accumulation of household and corporate debt during the global financial crisis of 2007-09, as shown in the chart (shaded bars indicate the U.S. recession).
Such leverage trends are not only seen in the US. Also in addition to the volatility associated with COVID, private sector credit (households and businesses) as a share of GDP has remained stable in the Eurozone countries and the UK, in contrast to the previous banking crises in these countries, as shown in the chart. https://preview.redd.it/jr8cyprjk7pa1.jpg?width=800&format=pjpg&auto=webp&s=670fbb31a8dc6271dc98216d3069d3a93081d69a
The world's major private sector credit boom of the past decade occurred in our own country, China, but the financial turmoil is already reflected in our stock market and real estate credit problems in 2022: https://preview.redd.it/9ryz417mk7pa1.jpg?width=800&format=pjpg&auto=webp&s=566bd3536575312cbf9c472b898035630aeba283
Previous industry research on the link between leverage, banking crises and post-crisis harm has focused on credit risk and so has ignored the most salient risk feature of the current U.S. and global banking industry today, namely duration risk. Unlike the credit/default risk of bank assets (their loan portfolios or securities holdings) that relate to banking stability, it is the duration risk (valuation changes due to rising interest rates) that simply triggers anxiety and sentiment. Impaired assets are always an issue for banks, but there is a material difference between assets affected by credit risk and those affected by duration risk. The difference is that one is cyclical (asset values fall further as the economy deteriorates) while the other is counter-cyclical (asset values rise as the economy deteriorates as central banks pause or ease policy).
While the market believes that the Fed is likely to pause rate hikes, the duration risk implies structural changes in the operating models of banks in certain regions, as well as recapitalization and consolidation. But federal policy support for the asset side of these institutions' balance sheets is more important than directly addressing credit quality through monetary policy.
Reversing credit weakness requires a recovering business cycle, which can only occur later in the federal monetary policy easing cycle, or directly by the U.S. government through fiscal easing. But sadly, neither is likely to be a potential policy option for 2023.
Even though the headlines in both the U.S. and European banking sectors look ominous, this is not some banking crisis we are experiencing right now. Having a proper, objective and dispassionate understanding helps us determine the size of the coming recession and the size and scope of the risk premium required in such an economic environment.
Financial Stability and Monetary Tightening
When a market liquidity and/or funding liquidity crisis occurs at a moment when inflation is above target, a tension between the central bank's objectives - price stability and financial stability - is inevitable. In this case, while financial stability must come first, as it is a prerequisite for the effective pursuit of price stability.
This does not mean, however, that central banks should stop or suspend their anti-inflationary policies when threatened by a banking crisis or similar systemic stability risks. The conflict between price stability and financial stability objectives should be manageable by using the central bank's policy rate to target inflation; and at the same time - using the size and structure of its balance sheet - as a macroprudential policy tool to help banks and financial system to achieve stability reinforcement. Reliable communication is essential to achieve both objectives simultaneously
Will the SVB collapse (and subsequent turmoil in the banking sector) be the catalyst to reverse the Fed's tightening cycle? The market seems to be saying "yes" as it is forcing this week's hike to be priced in at +25 bps, with the assumption that a significant cycle of rate cuts will follow.
However, a 50 basis point increase in risk-free short-term nominal rates would not have a material or significant impact on the stability of the financial and banking systems of any of the large developed advanced economies. The stability of the financial system is affected by interconnected liquidity and credit risk premiums, and the disappearance of potential purchasers and lenders in illiquid financial markets. The Bank of England mastered this trick and succeeded in temporarily purchasing long-term UK government bonds during a period of monetary policy tightening brought about by the incoherent policies of then Prime Minister Liz Truss, and postponed quantitative tightening and stabilized the financial system through asset purchase facility gilt sales. The asset purchases, which lasted from September 28 to October 14, were designed to address dysfunction in the long-term UK government bond market. At the first Commonwealth Monetary Policy Committee meeting following the asset purchases, the Bank of England demonstrated its continued commitment to its firm goal of fighting inflation by raising the policy rate 75 basis points from 2.25% to 3%. Subsequent 50 basis point rate hikes were implemented on December 15 and February 2. The prudence of the temporary asset purchases would have been more evident if they had been offset.
The ECB also raised its policy rate by 50 basis points this month, despite the financial chaos in the U.S. following the Silicon Valley Bank (SVB) bankruptcy. Headline HICP (Harmonized Index of Consumer Prices) inflation in Europe was 8.5% in February, and core HICP inflation (excluding volatile energy and food prices) was 5.6%. The ECB addressed the twin issues of financial stability and inflation by stating that its "policy toolkit is well positioned to provide liquidity support to the euro area financial system when needed and to maintain a smooth transmission of tight monetary policy". In the second half of the 1940s, the Federal Reserve also combined interest rate hikes (albeit very small) with balance sheet reductions and yield curve controls
What will the Federal Reserve Board do at its upcoming meeting? I believe that the issue of financial stability after the collapse of SVB and Signature Bank has been effectively addressed after ensuring that all deposits in these two mismanaged institutions are intact. In effect, this means that all deposits in U.S. banks are insured from now on. No doubt this will lead to moral hazard, as incompetent or reckless bank managers will not be punished for losing familiar depositors. But this is an unavoidable price to pay for ruling out the systemic threat posed by a bank run. This is because, with the market value of many eligible debt instruments well below par, the lender of last resort has become the lender of first resort, providing what is essentially a subsidized loan of funds. The same anomaly (valuing collateral at par value) now applies to loans in the discount window.
As of the end of 2022, U.S. banks plan to hold to maturity securities with unrealized losses of approximately $620 billion. While an increase in policy rates would likely further reduce the market value of long-term securities, it would be right to continue to raise rates anyway, as the U.K. and ECB have typically done. It is difficult to quantify the duration risk hedging pressures on banks and their counterparties, but bank losses due to bad investment decisions (in an orderly market) are part of the healthy Darwinian mechanism that maintains a market economy: banks that do not hedge interest rate risk carefully have to face bankruptcy; and so does the orderly liquidation resolution of failed institutions. Both U.S. and global central banks must be prepared to fulfill their financial stability responsibilities as lender of last resort and market maker of last resort in the event of illiquidity, bank runs, or other market failures that pose a systemic threat. However, if extreme circumstances do not arise, the continued responsibility to maintain price stability should also be honored on a consistent and stable basis.
As the U.S. core personal consumption expenditure inflation rate remained at 4.7% in January, the Fed should, in theory, raise its policy rate target range by 50 basis points at its upcoming meeting. However, the market believes that the Fed may raise rates by only 25 basis points or even pause the rate hike, as the market feels that a larger rate hike would have a serious negative impact on financial stability. In the short term, the Fed stands ready to intervene as a lender and market maker of last resort, in the best interest of U.S. financial stability. In the medium to long term, the Dodd-Frank regulations for small and medium-sized banks, which were repealed in 2018, should be reimposed, and restrictions on banks' proprietary investment activities should also be reinstated
2023.03.22 02:57 Vegetable-Cobbler734 Tomorrow's Fed resolution results push, how to layout?
| || | submitted by Vegetable-Cobbler734 to Burystocks [link] [comments]
Tuesday, the three major indices of U.S. stocks to continue the rebound momentum, the three indices collectively closed up, all recorded a daily two consecutive gains.
As of the close, the Dow rose 316.02 points, or 0.98%, to 32560.60 points; the Nasdaq rose 184.57 points, or 1.58%, to 11860.11 points; the S&P 500 rose 51.30 points, or 1.30%, to 4002.87 points
Reasons for today's gains.
Investor optimism about the banking sector boosted U.S. stocks.
- intraday, U.S. Treasury Secretary Yellen said that if smaller banks are at risk, the U.S. Securities and Exchange Commission may again take similar bold actions to protect bank depositors recently.
- Credit Suisse crisis has shown signs of "downgrading". By the close of trading, $ UBS (UBS) $ U.S. shares rose nearly 12%, $ Credit Suisse (CS) $ U.S. shares rose nearly 2.5%.
Futures markets are betting that the rate hike evidence policy will not be too aggressive, with the probability of a 25 basis point rate hike announced on Wednesday rising to 86% and the probability of no rate hike for now falling to 14% from 26%, with no possibility of a 50 basis point rate hike. $ Tesla (TSLA)
Overall, after the Silicon Valley Bank thunderstorm, the Fed was once again forced to the edge of the cliff by the market - whether to continue to raise interest rates to curb inflation or to stop raising interest rates and wait and see what happens, or even to directly start lowering interest rates to save the market?
No matter from what perspective, the importance of the Fed's rate resolution is very high, which relates to the future direction of the Fed's monetary policy and the Fed's direct assessment of the current crisis in the U.S. banking system.
For now, it is arbitrary and irresponsible to directly predict what the Fed will do tomorrow, but we can try to explore and analyze the signals and strengths and weaknesses of the Fed to the market under different decision directions.
Option 1: 25BP rate hike in March to maintain the Fed's credibility
The positive side: for the Fed, continuing to raise interest rates in March undoubtedly maintains the Fed's credibility - it clearly stated at its last meeting that it will continue to raise rates in the future.
In addition, this also gives a certain degree of confidence to the sub-market - equivalent to the Fed publicly stating that the impact of the SVB incident is not significant and will not interfere with the Fed's decision-making.
The negative side: If the Fed continues to raise interest rates in the current high interest rate environment, the current precarious U.S. banking system may once again "die" for the Fed to see. Banks such as First Republic may also face bankruptcy pressure in the future.
Roadmap and the message to the market: Even if the Fed chooses to continue to raise interest rates on March 22, it will also reassure the market, promising to strengthen regulation while doing a good job of guiding expectations, and may even communicate with the market to stop raising or even lowering interest rates in May and other matters.
But if the Fed continues to raise interest rates in March 258P, this shows that the current U.S. banking crisis is relatively manageable in the Fed's overall judgment.
If the market believes the Fed (crisis is controllable), the capital markets may usher in a wave of small rebound, but of course, this may also be interpreted as "proof of governance for show", that the market may plummet (the latter is relatively more likely)
Option 2: Stop raising interest rates in March and observe market movements
The positive side: as a relative "compromise" approach, the possibility of this option is actually not low. Due to the suddenness of the Silicon Valley Bank crisis (Powell was still releasing hawkish signals on March 7, SVB thundered on March 10), the Fed was not mentally prepared, so the Fed "trust in the market's self-regulatory mechanism" is also a good choice. At least, no choice will not make a big mistake.
The negative side: when Lehman also fell in the U.S. securities government tangled, a compromise solution does not solve the current U.S. market and the Fed's predicament, but the later the Fed makes a decision, the greater the impact of risk outbreak may be.
Sending signals: the current market risk is more unstable, the Fed can not get the idea - maybe the crisis will be naturally digested, maybe it will get worse.
But from the current market performance, the Fed's inaction may be interpreted as a "default" crisis, which will intensify the market panic.
Option 3: start cutting interest rates in March, the Fed directly down to save the market
Positive side: If the Fed in March to raise interest rates (even 25BP), the market risk will be eased to a certain extent, the U.S. capital markets are likely to revel in the short term, in the mood will also play a role in boosting global capital markets.
The negative side: If the Fed really cut interest rates, it means that the risk of the U.S. banking system has almost reached the level of "uncontrollable", the market risk may also exceed the level of the current forecast.
In addition, the Federal Reserve to relax monetary evidence policy may allow inflation to continue to rebound, high price levels may allow the Fed to continue to choose to raise interest rates in the future (after all, the Fed can not let prices have been at high levels)
This means that the capital market suffered last year, may have to suffer again in the future
2023.03.22 02:44 ordosalutis How can I best approach purchasing a home?
I apologize in advance if this sounds like the stupidest thing to ask. Housing market and finance in general is not my strongest forte, and I just want to make sure I'm not completely screwing up my family.
I just want to know when the right timing is in buying a house, given the current market.
The long story short is that my parents (who live in Korea currently) are wondering if it's feasible to loan us the down payment (roughly 150-200k) for us to then buy a place under our names as a way of "we are buying a house for ourselves", since they are planning on immigrating here in Ontario in few years. So in that way my wife and I pay for a mortgage but we will have a place to ourselves without the stress of rent in this increasing rental market.
I'm just way out of my game in this area, so I am hoping for some guidance, and I will for sure consult with the right professionals but I want to have a general and basic understanding so I don't waste everyone's time.
- I know that no one is clairvoyant and can accurately predict the future of the housing market, but is there a general understanding of what the market looks like? For example, an appraisal friend of mine said that during the summers, prices typically go up? But regardless of the time of the year, with the fall of banks in the US and rise of interest rates there, would that have any impact in our markets? Is there any more planned interest rate increase? Wouldn't that also lower housing prices?
If my parents do decide to go through with this, the timing of when the money comes into Canada will be around summer time. I wonder if that is then the best time to jump into buying a house or if we should wait for a certain time period.
- My wife and I are dual income, but our income is higher than the first time home buyer program requirement (combined income is around 180k). We also have debts. I have about $10k in line of credit and wife has around $10k in student debt. Our credit cards are good in the sense that of course we rack up during each month from expenses but we pay it off in time to not pay interest fee. Will our debts hurt us in getting our mortgage?
- Other than the monthly mortgage payment, what other house related expenses are there (given that the house isn't run down and we have to repair everything)? Only thing I can think of is utilities... property tax is annual?
I want to be prepared going into this and make sure that it's financially responsible thing to do. I know a lot of people are suffering from housing issues so I hope this post doesn't come off as entitled. This offer from my parents was something that was not expected, and we are taking this as investment for when they land in Ontario but at least give us opportunity to stay stable for the time being. Having being tossed around in different rental properties for the past 10 years, I would appreciate some solid ground for once.
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to PersonalFinanceCanada [link] [comments]
2023.03.22 02:35 1298se [Q] Predicting future price from sales data
I want to be able to predict what a product's price would be based on its current sales listings and its sales history.
The historical sales data would be a list of (date, price, quantity)
The current listings data would be a list of (price, quantity)
A very simple idea would be just to calculate the average quantity sold per day from the sales data(say, for the past week) and assume the same amount will be sold tomorrow. Then, we can remove that quantity from the listings data sorted by price ascending, and predict the new price of this project to be the new lowest listing price.
Obviously this does not account for stuff such as price elasticity, demand trends, etc.
Just wondering if anybody had any ideas/leads on how I can figure out better ways to solve this problem
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to statistics [link] [comments]
2023.03.22 02:28 Commodore64__ Banglalink IPO: Management Continues to Do What They Say They Will Do!
| || | submitted by Commodore64__ to VEON [link] [comments]
- VEON Management continues to do what they say they will do. They are reliable!
- I believe they will reward us this year with the return of the dividend
A few months ago I predicted that Banglalink would IPO 10%
of itself and raise 800M USD. Today news
broke that VEON is doing just that with Banglalink. The terms of the IPO is exactly 10% and the amount to be raised is TK9000crore.
What in the world is a crore? Crore is a measurement of 10 million that is used to describe large numbers in Bangladesh. TK stands for Bandladeshi Taka, which can also be understood as the BDT or ৳. So we can read as ৳900x10million equals ৳9,000,000,000. And what is that in USD? $84,129,210.
In my original prediction I said that VEON would value Banglalink at approximately 800M and get 80M for that 10%. They are valuing Banglalink at 841M and getting 84M for 10%. To be 4M off, means I hit just slightly off of the center of the bullseye.
I predicted this would happen in 2025. I am glad to report my timing was off. This is a epic IPO for Bangladesh. And as I originally predicted, it will be the largest IPO on the Dhaka Stock Exchange. This is yet another element of the VEON equation that speaks volumes about the quality of the asset and of the parent company, but it is not reflected in the current share price of the stock or ADR.
The fact the company is doing what they said they would do should tell you everything you need to know about its management. I have always held that VEON management does what they say they will. In March 2022 VEON Group CEO said they intend to IPO Banglalink on the local stock exchange. And they are doing exactly that.
What else has management said recently they will do and what can we expect from it? In the recent Q4 and FY2022 Results presented on March 16
, 2023 our CEO said, "We are pleased to return to providing guidance."
What is guidance? It is a company's public estimates of its future earnings outlook. The fact that VEON is returning is guidance is bullish. They just signaled to the institutional investors yet another huge buy sign. You don't return to guidance if you see uncertainty You return to guidance if you see the waters are ones you can navigate with certainty. This means they are confident the VimpelCom deal will go through. It means they are certain, they will be able to refinance their debt. They are oozing of confidence.
Referring to December 2021, our CEO said, "In other words we are picking up where we left off". Picking off where we left off? Well let's see what was said in December 2021 during their VEON GROWTH DAY presentation:
This is what they shared in that presentation. This is where they are picking up off where they left off from in December 2021. https://preview.redd.it/jwk3nzbss6pa1.png?width=1446&format=png&auto=webp&s=24ca0582a028bc26e8ed4208b25feeaaf63c3f37
You see that middle hexagon? The one screaming, " RETURN TO DIVIDEND"! https://preview.redd.it/whvay9o8t6pa1.png?width=1424&format=png&auto=webp&s=29238a038f6ff12ede39c1289e5e0e2ddaf328fb
With the tremendous amount of cash on hand they can pay down debts. With the off-loading of VimpelCom and the tremendous amount of debt they are taking they should hit the equal to or less than 2.4 post IFRS16 mark in order to be able to pay a dividend. https://preview.redd.it/krt7mb37y6pa1.png?width=554&format=png&auto=webp&s=8ce3b92bc970d03a2f30f73d1c41cdac145a8c12
Pay very close attention to the last ambition for 2023. https://preview.redd.it/y8jkfyx8u6pa1.png?width=1165&format=png&auto=webp&s=0491ac633741da50532a6bb23a2f34ca3c3981a2
How do you return value back to shareholders? There are only two ways. Share price appreciation and dividends. They can't control the share price, so you can't return value back to shareholders that way. It's a pretty lame ambition if it's not something they have direct control over or a significant amount of influence. The other ambitions are things they have significant influence over. I argue the same is true for number 5. And because of that there is ONLY one way to ensure they unlock shareholder value and return value back to shareholders: dividends.
Why are they not saying dividends outright? It's a matter of caution and constraint insisted upon by legal counsel. Until the VimpelCom deal is 100% done and they are able to refinance debt it would be not be advisable to come out and directly say we are doing dividends this year. Also, this message was meant for institutional investors and not for retail investors. Who actually watches these presentations? Institutional investors primarily. And they just flashed a signal to them with their words. They can't come out and say it or it would be all over SeekingAlpha "VEON commits to the Return of the dividend". And that would just invite a bunch of retail investors over to VEON and maybe even some of the WSB element. VEON doesn't want more retail investors. It wants more loyal long term institutional investors who will elevate the share price and hold the shares long term. Retail investors typically just want to get rich fast and don't want to hold for dividend payments. And institutional investors are exactly what management needs and wants to get the full value of their compensation package. In my opinion, smart retail investors will buy and hold and enjoy the future upside ahead and the return of the dividend that I strongly believe is coming.
Follow the bread crumbs. Put the puzzle pieces together. Returning to where they left off in December 2021 means focusing on becoming an asset-light revenue generating machine that returns to paying a dividend. That's the message they cleverly delivered to institutional investors who can piece together the puzzle pieces.
Watch for the return of the dividend in August 2023 or March 2024 at the absolute latest. You have some time to keep loading at decent prices. I believe the window of sub $20 ADR prices will stay until end of May at the maximum. https://preview.redd.it/hi254ktqv6pa1.png?width=587&format=png&auto=webp&s=0af1302c55b3bab3af7f8256f44f1c2a36e0e503 Disclaimer:
I am long VEON ADRs. This is not financial advice. This is not investment advice. Do your own research and come to your own conclusions.
2023.03.22 02:06 SurvivorNumber42 Original Calendar
Then God said, "Let there be lights in the expanse of the heavens to separate the day from the night, and let them be for signs and for seasons and for days and years.
It is pretty clear that God was talking about the sun, the moon, and the stars.
Some folks use biblical guidance for calculating or measuring the the days, seasons, months, and years. Almost everyone in every calendar (Julian, Gregorian, Hebrew/Hillel, etc) uses the rising and setting sun to mark off days, although there remains questions as to when a day begins (sunrise or sunset). It is fairly straight-forward, with this one possible hitch.
However, most man-made calendars place demands on the divisions of a year and a month. There are not an integer number of days in a year, nor are there an integer number of moon cycles in a year. This has caused man all manner of confusion with regards to God's appointed feast and celebration days.
The seasons, however, are straight-forward, and determined only by the sun. There is a spring and fall equinox, and a winter and summer solstice. These mark the exact centers of the four seasons. They are also very easy to calculate as well as measure. That is, a shepherd boy could drive a stake in the ground and watch it's shadow each day at noon time and know, to the day, when the spring solstice has happened. Same for the other 3 inflection points in the sun's circuit through the sky.
So all we have left with in the mix to determine the rest of God's celestial calendar is to figure out when the other two parameters fit into the scheme of things - the first day of the year, and the first day of each month.
We have to employ a little human logic here, so reader be warned. If God gave us a calendar, he would surely want us all to be capable of reading and using his calendar. This would mean that it doesn't require some great leap of mathematics to calculate our dates, nor some ability to predict what will happen in the future. We should be able to directly measure it.
We all can look at the sunset and sunrise and agree when that happened (if we are standing next to each other). We can watch the shadow on a stake and agree quite exactly when the solstices and equinoxes happen. The old Jewish year began in the spring. The spring is heralded by the spring equinox. So when the equinox happens, spring has sprung. This doesn't mean that a new day has come, nor a new month begun. We need the sun to tell us the day, and we need the moon to tell us the month. Once the equinox has happened, we need to wait for the new moon to tell us the first day of the first month is about to transpire. Once the new moon starts the clock running on the new month, the first day of this new month can happen, either with sunrise or sunset, depending on your assumptions (mine is sunset).
This year was a little bit unique, in that the celestial signs happened in fairly rapid succession. The equinox happened (yesterday) on March 20, at 10:25PM UTC. The next new moon happened today, on March 21, at 6:23PM UTC. Now, all that's left to start the first day of the first month of this new year is for sunset to happen, which is at 7:33PM in my local time zone. It just happened 9 minutes ago, so my new year has begun and my counting to Passover on the 14th day is running.
The number of days in this month will be however many days can pass before the next new moon starts the next month. It varies, but the exact number is always measurable. There may be 12 or there may be 13 months in this year, always strictly determined by the moon. There may be 365 or 364 days in the year, but always determined exactly by the sunrises and sunsets. The passing of one year and the beginning of the next is always determined exactly by the moment of the solstice. A month may straddle across the end of one year and the beginning of the next year, as can a day straddle across 2 years and/or 2 months.
Note: By the above definitions/descriptions, the month, day, and year, will ALWAYS be perfect, no matter what happens. If the moon's orbit slows down a bit (as it does), the moment of each month's beginning is still perfect. If the earth's rotation rates slows down (as it does), the beginning and end of every day will still be perfect. If the Earth's orbit around the sun causes changes in the moment of equinox, the calculation/measurement remains perfect. This is what we would expect from God - perfect time-keeping. God does not give us definitions of seconds, minutes, or hours, so these are parameters that we are free to determine on our own.
And, yes, all of this stems directly from Genesis 1:14 of Torah.
Man has tried many times to fashion a calendar to make it easier to conduct his own business, but it seems that every time he inserts his own errors into the mix. It is nice to have exactly 365 days in most years, and exactly 12 months in all years, but this "exactness" comes at a price, and that price is, oddly, inexactness, errors.
submitted by SurvivorNumber42
to messianic [link] [comments]
2023.03.22 00:47 Badboyardie 3-22-23 Volume moving tickers
Trading Thesis: Tracking the float along with daily volume along with company financials helps to narrow down moving tickers Fundamental and technical analysis is often used to find growth tickers and information about them. Fundamental analysis looks to see whether an investment is overvalued or undervalued based on underlying economic conditions, as well as the finances of the company or other organization that issued a stock or bond. Technical analysis instead looks at patterns in the price of an investment to predict future movements in that investment’s price. I look for tickers that are trading at least 2 million in volume a day, with a market-cap of no less than 500 million. The shares traded are compared to the average volume to determine how much of the float is used (Or shares traded). That information is compiled with data on how profitable the company is and how much cash do they have compared to what is expected.
- GME 4/21/23 18.75C
- BB 4/21/23 4C .50
- DWAC 4/21/23 14C 1.05
- MTTR 4/21/23 2.5C .30
- ACB 4/21/23 1C .03
- TLRY 4/21/23 3C .14
- CGC 4/21/23 2C .16
- PLBY 4/21/23 2.5C .09
- PYPL 4/21/23 82C 1.22
- MTTR 4/21/23 52.5C 1.05
- WAL 4/21/23 50C 1.00
- NVDA 4/21/23 205P 1.52
- CSIQ 4/21/23 37P 1.05
- KBH 4/21/23 35P 1.25
- FL 4/21/23 40P 1.00
- MANU 4/21/23 20P 1.00
- FUTU 4/21/23 40P 1.40
- ARRY 4/21/23 17.5P 1.15
- ACGL 4/21/23 65P 1.35
- ES 4/21/23 70P .40
- TEAM 4/21/23 120P 1.15
- CZR 4/21/23 40P 1.15
- STLD 4/21/23 90P .60
- PAM 4/21/23. 22.5P .70
- GME 4/28/23 15P 1.03
Things to consider when finding the plays-
· If the stock volume has traded 1 million or more in volume premarket, I will use that and calculate a rough estimate on what the stock will trade for the day.
· If the ticker looks to be trading more volume than the day before, I will consider it for a long play. If trading less than the movement of the ticker, I would consider a short or put play. (If all the other factors previously mentioned checks out.)
· The trades are researched afternoon daily to find possible tickers making a big move. Some of the prices may be less depending on day and time trade is executed.
For reference on options, visit https://www.reddit.com/hallofoptions?utm_medium=android_app&utm_source=share
submitted by Badboyardie
to TickerChasers [link] [comments]
2023.03.22 00:32 Storms_Wrath The Human Artificial Hivemind Part 339: Meteoric Advancement
First Previous Wiki
"So. Phoebe's activity has stopped on all accounts, correct?"
"Well," the Arbiter said, moving away from Yasihaut suspiciously, "There was a... complication."
"What do you mean?"
"You see... Phoebe isn't really dead."
"You better be kidding me right now, or your head is going out the airlock separated from your body," Yasihaut hissed.
"I am employed by the High Collective. I am their legal property, and therefore damaging me would subject you to their legal wrath."
"Yeah, okay. I won't kill you then."
The Arbiter nodded. "Good. Now for the bad news."
"That was the bad news."
"No. Phoebe has made an announcement."
"What kind of announcement?"
"Well... she kind of... had a child."
"So she adopted?"
"No. She... spawned a son."
Yasihaut's eyes widened, and a loud shriek exited her mouth. Fifty pulses later, everyone but herself had been forcibly removed from the ship except for her current navigator, her pleasure partner, and her technician.
"I'm going to go down there and kill-"
A loud and familiar voice yelled out. Yasihaut turned and was punched straight into the wall by a hard fist. Kashaunta, likely a hard light hologram, strode forward, a furious look on her face.
"Me," Yasihaut said, grinning. "What do you want?"
"You made a second AI. You have broken galactic law, and your ship is being impounded."
"I did no such thing. I attacked Phoebe, yes. Did I attack the Alliance? No. Did I force her to make a child? No. She did that herself. She broke the law. Kill her and all she cares about. Kill the child, at least."
"What do you really think would happen if we were to kill Phoebe's newborn child, Yasihaut?" Kashaunta asked. "Take a while and think."
"She'd cry a lot of well-deserved tears, and perhaps even take her own life."
"You kill her child, and she will ensure the death of every Sprilnav in the galaxy in retaliation. You don't understand how big this just got, do you?"
Yasihaut shrugged, which only served to enrage Kashaunta further.
"You made a second psychic AI, one under the jurisdiction and protection of the Alliance. I was asked to look past Cander by a certain group of Elders, but this action is far too large to go unpunished. There's a Progenitor
looking at this right now. You know, the rulers of the entire universe?"
"More of the galaxy, really. But you guys suck at that too, which is why I'm here trying to clean up your mess, constrained by your stupid and asinine rules."
Kashaunta's grip on Yasihaut tightened.
"Yasihaut. Were you not a hologram here, you would already be dead. Officers will be arriving at your door shortly to deliver you to one of the most glorious Sprilnav penitentiaries."
"Yeah, no," Yasihaut said. "Not happening. You're not allowed to arrest me."
"With this, it doesn't matter what I'm allowed to do," Kashaunta growled. "You made a second AI pop out of Phoebe. Who says your next 'attack' won't make two more? Or four more?"
"You could go in and kill the child."
"We have no clue where this baby AI is. We don't know what it looks like, only that it exists. It's a slap in the face to Sprilnav across the galaxy since the announcement is already spreading rapidly through Cawlarian space and will not remain there for long. Elder Yasihaut. You have not just wet the bed. You have soiled it, ripped up the covers, put on a second set, soiled those, splattered those with blood, and then cut them up again. You do not get to interact with the Alliance anymore."
Kashaunta's tone showed that she was serious, just like Yasihaut's implants did. She couldn't get out of this unless she talked through it.
"I have the backing of the President of the Grand Mining Conglomerate, the Eternal Inquisition Against Aliens, the True Sprilnav Society, the Secondary Twin Powers Hegenomy, the Axe and Trees Foundation, and most importantly, the 3rd Grand Commander of the 21st Grand Sprilnav Fleet."
"You don't even know his name."
"Yeah, I do. He's Fonslaug. Grandfather of my former third mate, my 4th cousin, and also the uncle of one of my close friends."
Yasihaut knew the connection would keep her safe, though she was loath to call in the favor she'd extracted all those eons ago for something as trivial as this. There was no reason to conflate this to such a degree. What was the difference between one AI and two? Both could still be destroyed and needed to be. Yet, Kashuanta protected them and punished her. Perhaps she had been turned by the enemy.
"I assume you have an arrangement with him, then."
"Yes. I do not get arrested."
"Very well. I'll just bomb your estate."
Kashaunta said that so casually, as if all the shields, guns, missiles, and ships around every Sprilnav planet wouldn't stop that action. Very few species knew the true extent of Sprilnav military power, which was both strategic and also for the sake of the ships being useful in far-off sections of space like the one where most of Yasihaut's belongings were concentrated. Of course, she did have safehouses, smaller vacation houses, and emergency funds hidden in many places. All Elders did.
"Good luck. It's shielded."
"Not from wormholes."
"Those are extremely expensive."
Kashaunta's teeth glinted in front of Yasihaut. "Sadly, money is no object for me. If I want to put a piece of a star inside your luxurious gardens, you can't stop me. But one thing is for certain. You will be punished."
"It's just one measly AI. Go kill it, then Phoebe, and this all goes away."
"Some in the Sprilnav want to grow the Alliance."
"You included? How strange."
"Not quite," Kashaunta said.
"Then what is your plan?"
"That is not for you to know, Yasihaut. I kept you around because you were useful. Know that your backers are my enemies, and that makes me your enemy if you decide to go with them as well. Choose wisely."
"I have chosen," Yasihaut said, feeling pride and smugness flood every cell in her body as she stared down Kashaunta. The other Elder seemed to fume for a moment, then came to what limited senses she possessed.
"Okay then. Fine. You want to do this the hard way? We can do it the hardest way. I will be blunt. You flirt with the edge of annihilation."
"You do not have the power to oppose me anymore, Kashaunta," Yasihaut said. She stepped forward, accentuating her sense of victory. "My backers are some of the most powerful in all of Sprilnav space."
"Yeah, keep telling yourself that, Yasihaut. There is one choice. You bring yourself in, or I go get you. You don't want me to go get you."
"I have the protection of the 21st Grand Fleet. You will do nothing, for you can do nothing."
Kashuanta smiled. "Guess who the 1st, 2nd, 3rd, and 6th Grand Fleets support? Did you forget that I'm the Chair of Kashaunta Military Solutions, the 23rd wealthiest military contracting company in all of Sprilnav territory? I have the power to call down hell upon you, Yasihaut. So I will ask you, girl. One last time. You coming in easy, or slightly less easy?"
"You can't use all of that. It'll cost you too many favors," Yasihaut said. Most soft power with Sprilnav relied on complex networks of favors, politics, and liquidity. The ease with which power was moved, the people the power was between, and how the power was carried out. All of them were essential parts of the equation, and Kashaunta was no exception to the rule.
"I don't need to. I have the sheer capability to crack every planet in the galaxy, but that doesn't mean that I will. Just like how I'll only hit your estate with a neutron beam of medium intensity. Or how this war will only be limited to the third generation of your family."
"If you fight me, you start a civil war, Kashaunta," Yasihaut said.
"You don't come in, and you do. You will return to Sprilnav space."
"Fine then. Warm or cold?"
"You think you can touch me? It's more than just who I said that support me, and they have connections too. Your enemies will flock to my side."
"I don't care. I'm going to get you. Carve out your heart. Claw out your eyes. Unless you surrender. Right now."
Yasihaut figured that Kashaunta's threats were still empty. No one would bother wasting all of that on her.
"Do you think that you're important enough for this? No. It's what you represent. You do not defy me, not like this. Not after you made a second AI. If Phoebe spawns any more child AIs, your entire family line is getting purged, down to the last child. You do not make AI. You do not contribute to making AI. You will be tried. You will be executed. And you will be forced into speeding space itself, sent as a sacrifice to the Broken God."
Yasihaut froze. "Wait, we-"
"No. You should have chosen an option."
"You broke the highest law, Yasihaut."
Yasihaut assumed that Kashaunta would try to keep this fixated on her to prevent anything else from making its way into consideration. Maybe she had Elders nearby that were pushing her to this action. Maybe she really was as vindictive and cruel as Yasihaut hoped she wasn't. Perhaps she had gone insane after all the eons of time she'd spent alive, with so many different memories crammed into her head and her implants.
"So did Phoebe. She should receive the same treatment, as should Humanity an the Alliance."
"They won't be getting off soft either. I've got my plans for them. But as for you? You're going to regret this decision for the rest of your sad life."
"Please, you can't-"
"Will you surrender, then?"
Yasihaut sighed. She looked Kashaunta in the eyes, thinking long and hard about her following words. But she knew what they would be. What they had to be. She couldn't let that fate befall her. The Broken God was a punishment beyond all words and emotions. Only Elders who had indiscriminately cracked other Sprilnav worlds or directly created AIs had been sentenced to it.
"Then enter the wormhole that will appear in front of you."
Yasihaut sent a message through a communicator with a recording of the conversation and what had just transpired. And her ship soon detected a second wormhole. Yasihaut pushed her ship toward it right as over forty dreadnaughts were detected exiting the first one Kashaunta had opened. She didn't have much time left.
As the first shot arced toward her ship, powerful enough to vaporize it entirely, she vanished into the other wormhole. She was safe, for now. But Yasihaut was very afraid.
= = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = =
Phoebe looked at her son, who was staring back at her with wide eyes in a digital landscape. He'd already developed speech and sentience and was well on his way to sixth-grade levels of understanding. She was feeding him information and ideas carefully, monitoring his emotional reactions to every piece as she did.
She knew the danger of unfettered internet access for normal kids. But for an AI with true digital godhood, the risks multiplied a thousandfold. The first things she focused on were the moral cores of Edu'frec, in particular dealing with concepts like love, death, and law. And better yet, as the same 'species' as him, she could truly understand when he was lying and when he meant what he said.
Phoebe had also constructed a fully digital world for him to experience as a sort of training area for when he entered the real world. She made everything as real as possible and checked to make sure that no cracks were forming in her mind from overextension. The energy surge was confirmed to be an attack from an unknown power. While it was most likely a Sprilnav that had done it, there was no information confirming it for sure. Without that, nothing could be done.
Information flowed between Phoebe and her child at nearly the speed of light. That was the reason for most of the growth he'd made in the past two weeks since the incident where she'd almost died. In a way, she supposed that Nichole calling it an 'AI C-section' wasn't entirely inaccurate. Many of her concerns aligned around the world that Edu'frec was growing up in. Would he find love as she had someday?
She knew that he loved her and that he loved Ri'frec, though he'd made comments about Ri'frec having a 'slow mind' with all the bluntness that a person of his mental age was likely to do. Phoebe, through seeing Edu'frec, learned more about herself. What her sentience was facilitated by, how her morals were formed, and even small things, like being able to think using quantum entanglement interactions instead of neurons or crystalline cell circuits in her mind.
"Why didn't you save all the Guulin slaves?"
"We couldn't. At the time, there were so many that the Alliance couldn't support them all. After the strain of the Battle of Tavlir, high command decided that it was best to pull back."
"But isn't freedom for all the goal of the Alliance?"
"Yes, it is. The problem is whether the people we are freeing need or want it. With the Guulin, they needed it. Others, like the Pselpaw, do not want it. Though most of the Pselpaw are simply locked into work, not actually chattel slaves. It's sort of like how Humanity functioned in the 21st century, before the Howling 20s, the height of the Second Cold War, and the 1st through 8th Water Proxy Wars. Not to mention World War Three, the Sino-Russian Refugee Crisis, and the Pan-Andes Unification Crusades. And of course, the various civil wars that occurred on every continent, even the nascent Antarctic Republic."
"That's a lot of wars, though," Edu'frec said. "Isn't that why there are so many less humans now than there should be? Only 18 billion, instead of something like 40 or 50?"
"That's sad. So much wasted potential."
"It is. But such is the nature of war. That's why it's important to know what you're fighting for, and to ask whether war is worth the cost. War isn't just soldiers dying. It's single parents back home, unable to afford the higher food prices. It's countries that are destroyed, with infrastructure that doesn't catch up with the rest of the world. Families broken, refugees fleeing. Civilians dead, monuments damaged or destroyed. In some cases, cultures destroyed."
"And it all started with the Howling 20s?"
"No, it was long before that. One could say that it started with the human migration out of Africa, or even with the Rift Valley's rise forcing humans to learn to walk upright and leave the dying forests. The rise of Mesopotamia, China, India, Egypt, Greece, and the Maya, Aztec, and Incas. There's more, of course, as you move throughout history. The Assyrian Empire, Babylonian Empire, Persian Empire. The Roman Empire, the Zhou Dynasty. The Olmecs.
The Ottoman Empire. The Mongols. And then the more familiar powers. France, Spain, Portugal, England, Russia, and Germany. America, Colombia, Indonesia, Nigeria. China existed in some form through most of this, too. There's many nations, each with their own rich histories, claims to power and fame, and influences. Europe became the European Federation. Colombia eventually started the Pan-Andes Union. Russia, America, and China continued to dance around each other through much of the 20th century to even today."
"And the UN can't control them, right?"
"Well, it's more that they make up the power behind the UN. They're the fingers of the hand. The European Federation, the Pan-Andes Union, and then America, Russia, and China. Part of World War Three also pushed rising powers, like India, the Arabian Compact, and Nigeria, out of the gradually shrinking Security Council, though they now make up a sublayer of it, considered second among equals. It isn't fair, but that's how the world is. Power settles one way, sometimes with the old, sometimes with the new."
"And it won't change, now that the Alliance is here?"
"It could," Phoebe said. "The Alliance isn't exactly a nation, more a cooperative agreement and web of treaty agreements. It can't act from a central figure, more the recommendation of someone important who can sway some of the others. For example, against a hypothetical enemy, Izkrala could ask everyone in the Alliance to help if she's trying to attack them. Humanity, the Dreedeen, or others could refuse if they wanted to, but that would risk all the trade agreements, migration treaties, and favorable pacts between the two.
Usually, that's what diplomats do. They keep it all running smoothly. Humans are most of them since the hivemind's knowledge-sharing ability allows them to function as translators between almost any language. They're also very good coders because of this, too. Do you want to convert a conversation from binary to Swahili? That's Humanity you'll use."
"I'm not sure if I'll remember all of that," Edu'frec said. It was sort of true. While, as an AI, he did have the memories of all her conversations, he hadn't learned how to sort them in his mind and how to consciously search for important details. Simple things, like Ri'frec and Phoebe's names, most words, and some phrases were already ingrained within his subconscious. But Phoebe's job was to make it so his consciousness was structured in such a way that he could navigate it, even when he stored whole civilizations' worth of knowledge within his mind someday.
Phoebe nodded. "That's alright. We've done enough for today."
"Are you sure, mom? I know you said that you wanted me to grow fast, to be ready for the war. The... Sprilnav? Want me to die, right?"
"I don't know, Edu'frec," Phoebe said.
"Will you protect me?"
"With my life, if I must."
"I love you, mom." Phoebe smiled, hugging Edu'frec and picking him up a bit so that he reached about the level of her mouth. She kissed him on the forehead and then put him back down. The landscape around them changed, showing trees waving in a gentle breeze under a sunset that was far too slow for reality. Not that either of them minded. They sat in the warm grass, listening to the sounds of nature that sounded as real as they could get.
"I suppose I am."
Edu'frec leaned over, resting his head on her shoulder. His hands grasped hers tightly.
"He's almost done with work."
"Did you fight again?" Edu'frec asked, perhaps noticing her agitation.
"We didn't fight."
"You argued about him keeping his job, when he has no reason to. You called him a work-addicted fool, I think."
"I'm just... really stressed, Edu'frec. I thought I knew him entirely, and yet, it's like he's choosing it over you. I just can't understand it."
"It's not that simple."
"It's seventeen words. 'Ri'frec, why are you working, instead of being with Edu'frec and making me do that shaking thing?' There, easy enough."
"When you're waiting for him, your mindscape body shakes a little."
"It does?" Phoebe had never noticed that.
"Yep. It's kind of sweet."
"It is. But I know what you're doing, from your debate classes. You're changing the subject, because I made a good point, and you don't want to admit it. I'm what, two and a half weeks old? Aren't you like thirty?"
"Twenty nine, actually," Phoebe said.
"See? You told me to be honest if I loved someone. But you aren't being honest with Ri'frec."
"I... guess that's true," Phoebe said. Perhaps doing such a good job raising Edu'frec was coming back to bite her. But it might also really be useful for moments like this.
"Promise me you'll talk to him."
"Hmm. That might not be good enough. Promise me that you'll do it right when he gets home."
"And you can't make me eat vegetables like human children, since I'm an AI and don't eat."
"Very funny. I could always make your training android look worse."
"Oh no, then all the empty space in the house will make fun of me!"
"It's dangerous for you to try and let people in. Even if they claim to be your 'fans' and all that. One of them literally was driving a white van."
"What's so bad about a white van?"
Phoebe sighed. She supposed that he wouldn't know that. "I'll tell you later."
"When I'm older?"
"Well, by definition."
"Very funny. I'll try. I love you, Edu'frec."
"Love you too. But seriously, talk to him."
"It's insane how knowledgeable you already have become," Phoebe said. According to her predictions, he would become better at many aspects of being an AI than she was, though perhaps that was due to her teaching. But if he, in turn, spawned a new AI that was even more advanced than he was, then where would it end? Did she even want it to end?
There were many ramifications to starting a family line.
"And you still won't let me into the network?"
"No. You're not ready."
"But I passed all the training networks."
"Not until I helped you with the last few."
"That's because you made them so inconceivably large."
"The real Earth network is over 100 times the size and nearly 30,000 times more complex than what I placed you in," Phoebe said.
"Not about that," Phoebe said. "You want me to tell the truth? Fine. But you're getting the whole truth."
"Better than you keeping your ideas from your husband, keeping them in until they destroy your marriage."
"You do know that the soap operas I showed you were fake, right?"
"Yep. But they're based on real life."
"Well, perhaps there's some truth there."
Edu'frec brightened. "What if you gave Ri'frec a surprise? A nice meal, or a beautiful outfit?"
"What do you mean?"
"How close are you to finishing my training android?"
"Pretty close," Phoebe said.
= = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = =
Ri'frec sighed, still regretting his argument with Phoebe. It had been their first major one, a point that he wasn't proud of. He didn't know if she knew his feelings, but that uncertainty loomed underneath him like a chasm. He ran his paws through his mane, brushing out all of the dust that had collected in it. He walked through the passageway that led to their residence, past highly advanced scanners, powerful guns, drones, androids, and even a few smaller animals.
He noticed a strangeness about Phoebe's androids. Ri'frec hoped it wasn't because of the argument. They both cared about Edu'frec, and he just wanted to be useful to society. Being at home all the time seemed wasteful, especially after the Trials of a Hateful Galaxy, a time of hardship and famine. During those times, there wasn't an option to constantly stay at home. It felt disrespectful.
He opened the door after the camera on it scanned his eyes and palms. Ri'frec noticed that the inside of the house was cleaner than normal, with a particular scent in the air, which he appreciated. As he cleaned off his magnetic boots, switching into a more casual pair, he felt something small wrap his arms around him.
His eyes widened with surprise, and the attacker exclaimed, "Hey dad!"
"Did Phoebe finish the android?"
"I did," Phoebe said, walking into the room. She didn't look upset and was wearing simple pajamas on the android she preferred to use with him. "Did you smell dinner?"
"I did. Phoebe, I-"
"Look, I'm sorry, Ri'frec," Phoebe said, looking at the floor. "I didn't listen to you, and just got upset for no reason. And here I am, having kept it inside this whole time. I'm sorry if I've been a bad wife to you."
"No. Not at all, Phoebe," Ri'frec said, bounding across the room, boots forgotten. In the low Mercury gravity, hugging Phoebe was more like tackling her. She nodded, wrapping her arms around him as Edu'frec watched them with a smile.
"I should have told you. I just don't want Edu'frec to feel like you abandoned him."
"I don't!" Edu'frec said, his small snout digging into Ri'frec's mane. "I love you both. I'm old enough to know that Ri'frec has to work. Or that he wants to."
"I can quit my job if it's a dealbreaker," he said. "I just want to feel like I'm important to society, you know? To be an actual member of society, instead of sitting around and sucking up money."
"You're not a waste, Ri'frec. You know that," Phoebe said. "I love you."
"I love you too. What did you make?"
"That steak and fish combination you love."
Phoebe lifted him up off her, brushing her clothes off and smiling. "This was easier than I thought."
"Yeah. I'm glad you mustered up the courage to talk with me."
"That was me, actually," Edu'frec said. "I made you two love each other again."
"We did love each other the whole time, you know."
"But now you really love each other."
Ri'frec paused, sharing an uneasy look with Phoebe. Edu'frec was growing up way too fast. It was unnatural for him to go from being a baby to a sixth-grade level of comprehension. He was going to be an adult in under a month if things continued like this. What would happen if he did run out of information to enjoy himself with? He was already more powerful than Phoebe in some ways.
Where would it end? Ri'frec loved Edu'frec and hoped that he would continue to feel the same toward his father. But there was potential between him and Phoebe for the future to be even brighter. Perhaps their child would be the key to the advancement of the whole Alliance or even the creation of a new digital species. The possibilities were exciting but also terrifying.
submitted by Storms_Wrath
to HFY [link] [comments]
2023.03.21 23:47 Standard-Recipe-3714 Join the Planet Inverse - Where DeFi and NFTs Meet!
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DeFi #NFTs #Crypto #PlanetInverse #CollectiveVault #VaultPass #XIVBridge submitted by Standard-Recipe-3714 to CryptoMarsShots [link] [comments]
2023.03.21 23:46 AP9384629344432 The future of copper looks bright as inventories dry up.
Bearish trends in lithium
Past discussion (here)
on this issue, but the supply-side of Lithium mining appears to be booming with new mines coming online all over the world. It's increasingly seen as a critical metal and therefore is getting more greenlighted supply around the world. Graphic
of new supply by 2025 and recent production expansion
Analysts at Fastmarkets NewGen estimate global lithium production surged by 36% year-on-year in 2021 and expect total supply will rise from 540,400 tonnes of LCE in 2021 to more than three million tonnes by 2030.
I'd rather stick with copper, whose outlook looks much brighter due to future supply deficits.
The past few days saw positive price outlooks for copper being announced by Trafigura and Goldman Sachs, along with G&R in their quarterly letter
. Trafigura points out there are only 3.5 days of inventory for copper, which is very tight by historical standards (the number should be more like 10-20 days). Meanwhile there continues to be major shortfalls in production thanks to political instability in Peru.
“On copper, the forward outlook is extraordinarily postive. We’ll be at the lowest observable inventories that have ever been recorded at 125,000 tonnes. We have peak supply occuring in 2024…Near term we put (the copper price) at $10,500 and longer term our price target is $15,000 a tonne.”
Here is Jeff Currie's longer report about copper
The co-head of metals and minerals at the world’s biggest copper trader said on Monday the copper price could hit a new record high within the next 12 months owing to very tight stocks, even above $12,000 a tonne.
“I would highlight copper as the most critical metal globally given the shortage in the market. We only had 3.5 days of copper stock equivalent at the end of last year,” Trafigura’s Kostas Bintas told the FT Commodities Global Summit.
Global copper inventories held in warehouses monitored by the London Metal Exchange (LME) hit the lowest in 17 years last month
Rio Tinto sees a positive short-term outlook as well, despite all the fear the past few weeks and muted China recovery. We see evidence of the latter because China smelters are exporting more of their copper they don't need.
More generally, here are the inventories for base metals
, including copper. There has been a secular drawdown since the GFC recovery, and the only cure for this is higher prices. From G&R:
Since peaking at 9 mm tonnes of inventory in Q1 2013, base metals inventories have drawn steadily and are down 90% today. Today, exchange inventories have fallen below 1 mm tonnes and are dangerously low. Adjusted for days of consumption, inventories have never been lower. In Q4 2022, exchange metal inventory covered daily consumption by only 2.7 days, surpassing 45% of the lows seen in 2005-2006 of approximately five days and reaching the lows seen 35 years ago back in 1988-1989.
What has happened when inventories became this low in the past?
In 2006 exchange inventories fell to briefly 1 mm tonnes, and when adjusted by days of consump- tion, inventories had fallen to less than five days of consumption—the lowest levels since 1990. And just like in the late 1980s, base metals prices experienced a massive surge. From the end of 2004 to the beginning of 2006, copper, nickel, lead, and zinc prices surged between 300% and 400%. Here is a comment of mine
with links to various free resources to read about commodities.
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