Well, the market’s back where it was three years ago and Nvdia is double where it was. We couldn’t keep the Atom bomb a secret and even North Korea from making one and pointing it at us. What chance is there that no other country will make a chip like Nvdia’s? How about a quantum computer that is 1000 times more powerful? IBM already claims to have one (see 60 minutes).
Please read, “Milton Friedman, The Last Conservative.”The author, Jennifer Burns, quotes Joe Biden on the campaign trail proudley saying, “Milton Friedman isn’t running the show anymore.” She should have added, that the old spend and tax Democratic party policy was replaced by the Modern Monetary policy of, “Print all the money you want.” Friedman was opposed to tariffs. Biden is planning on increasing them for a third time on China. Freidman was for free trade and small government. Need I say more?
I will. Time to take some chips off the table.
How long will the rest of the world follow us down this rabbitt hole?
Post Modern Portfolio Theory (PMPT) 