George Gammon
@GeorgeGammon
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Macro Addict | Investor| Libertarian...I try to help people increase their wealth/freedom. 700k+ subs on Youtube. Media requests: [email protected]
Curently Traveling
Joined February 2011
HUGE ANNOUNCEMENT: Starting a new Youtube channel next week exclusively for macro/money/freedom interviews. Rebel Capitalist Interviews To see next weeks shows subscribe to the channel here👇 https://t.co/8byTWWPDzf
youtube.com
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WARNING: Huge Corporate Layoffs Just Announced (What You Need To Know)
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There is a scientific explanation for how the bitter water became sweet at Marah. How does this statement cause you to feel?
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Is SBF next? I got a speeding ticket under the Biden administration, can I get a Trump pardon for that please Or better said, how much do I have to give Don Jr and Eric for a pardon?
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BREAKING: Gold Price Is Crashing (What You Need To Know)
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“US debt crisis” and 10y is trading at FFR, down YTD, flat over the last 3 years while the US debt hits all time highs of $37.9 TRILLION with a +$400 BILLION this month Narrative vs Reality There is no debt crisis (I wish there was) Don’t believe me? Ask the treasury market
BREAKING: Total US public debt has hit record $37.9 TRILLION. This marks a +$400 BILLION jump this month, or +$25 billion per day. Federal debt has now surged +$1.7 TRILLION since the debt ceiling was raised in July, rising over +$425 billion every month. At the current
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I have yet to see anyone arguing for a more centrally planned economy (price controls, tariffs, taxing exports, gov equity positions etc) do a proper cost/benefit Example: what is the benefit of “stopping China?” Lower drug use? Maybe Less stealing tech? Maybe Less spying on
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If we’re going to set “price floors” on rare earths bc they’re a vital input Why don’t we put price floors on oil, copper, nickel, uranium, coal, AI etc? And if rare earths are a vital input and you set a higher price floor how will that not lead to inflation of the outputs?
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Supporting the Trump administration and supporting non interventionism, personal liberty, free markets, limited government and free speech is becoming increasingly difficult I voted for him, but I didn’t vote for what he’s become
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BREAKING: Regional Banks Are Crashing Again (What You Need To Know)
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10y now trading sub 4% and lower over the last 3 years Growth/Inflation > Debt/Deficits
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OpenAI already has 800m users and they lose massive amounts on each user So where does the profit come from? Bulls say corporations will pay much more to eliminate employees Great Then it’s a race to the bottom with AI providers until they = low margin utilities Ht @BenBrey
Latest OpenAI numbers from the FT: 800m users, 5% paying (40m). $13bn in ARR. Implies a $325 annual ARPU, or $27/month per paying user. 70% of rev from subscriptions, rest is API. $8bn loss in H1, prob $20bn run rate loss now? So basically spending $3 for each $1 in revenue.
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