IridentDefender

@jdcmedlock I think capping social security payouts makes more sense. Seems more progressive to reduce govt spending on just the wealthy retirees instead of upping taxes on middle class earners, especially when their costs of living (housing, child care) are so much higher

A flat payroll tax increase is most popular with low income people

Social security is so popular that Americans would actively choose taxing themselves over cutting benefits.

@jdcmedlock I feel like the “some” is doing a lot of work there

@howardlindzon Not sure how anyone can see the American people actively choose to put these people in charge and come to the conclusion America is good. Can you name a single country that causes more suffering and evil in the world?

@IridentDefender Its a bad people for sure in charge but america is good

It’s a perfect storm of deglobalization, degeneracy, debt, int rate direction , unserious people, negligence, fraud and bad leadership

@acemoney21 @WarrenPies The world is realizing the US is the most destructive country on this planet and is run and populated by incompetent and evil individuals. You cannot see what is happening right now and come to a different conclusion

@IridentDefender @WarrenPies lol youre not a serious guy. not sure why im answering you. i'll let Pies take care of you

I’ll tweet this again because I’m getting a few DMs about my view moving fwd You guys don’t understand. We are officially in next phase of this selloff. We’re done pricing the SoH disruption as an inflationary mess. We are now starting to price it as a recessionary mess. That

@GhostEnigma69 @NickWoolos Why would there be a low? The US is a doomed country, no one is going to invest there anymore

@NickWoolos I would love a violent 3% gap down on Monday to put in a low

@TheStalwart It's showcasing the fact that American is a doomed country at this point and becoming permanently uninvestable. China is the only country with a meaningful future now

@Merridew__ It's over for American workers I think is a fair assessment in both cases

@EpsilonTheory The US is doomed, the market is starting acknowledge that the American experiment is over and the future belongs to China. There's a reason the Chinese stock market is holding up better

LOL. Oil is higher after this, not lower. Imagine taking the team owner saying he has no “immediate plans” to fire the coach as a vote of confidence.

@mattyglesias I think there's a decent chance a notable amount of people will end up with a degree that is functionally useless if/when AI replaces the career path they were originally aiming for. "Learn to code" seems to be losing its merit

There’s more to life than getting a bachelor’s degree but honestly this seems like pretty good life advice especially if you’re smart enough to get good scores on AP tests.

@buccocapital This is why the US is a doomed country and is becoming permanently uninvestable. Everyone should get out while they still can

@EpsilonTheory It's because the US is a doomed country populated by the dumbest and most evil people on the planet. It is now permanently uninvestable and everyone should be getting out while they still can

Why are we winning the battles but losing the war? Because US foreign policy is driven by Trump solipsism, a pathological self-centeredness that treats other people and nations as pawns and idiots. "But I Did Have Breakfast" No paywall on this one. panoptica.com/but-i-did-have…

@RampCapitalLLC The US is doomed and permanently uninvestable so yes

Will we see a bear market (-20% from highs) this year on the major indices?

@NickWoolos They don’t realize the US is a doomed and permanently univestable country yet

@DannyDayan5 The US is doomed and is a permanently uninvestable country

People on this site are legit freaking out about bonds, so let me be a sober voice. 1) We've been at these levels many times this cycle. 2) We will get 5% CPI 3) Neither the 1week nor 1m change is excessive for this cycle. Calm down.

@jdcmedlock Isn’t one of the easiest way for poorer states to compete for business is by lowering taxes? Setting a kind of federal floor would essentially be hurting those states to benefit the richer ones, no?

I hate the race-to-the-bottom tax incentive game. The tax code should apply the same to everyone. If you get a windfall from a data center, you can lower rates for everyone rather than doing a sweetheart deal.

@hopes_revenge en.wikipedia.org/wiki/Couvade_s….

pregnancy ruined my body . i stopped being attracted to my wife and didn’t feel like using the Peleton anymore

@RampCapitalLLC Can you zoom out a little further? I think I can still see the dip

Damn the market got killed today

@buccocapital I’m still surprised how you see this kind of outcome but are against the narrative it would move the needle on unemployment at all

People asked why I was so blown away by Claude Cowork, so I thought I’d puke some quick thoughts out The true promise of Claude Cowork, and ultimately any sort of agentic, AI powered workflow tool is to realize the perfect embodiment of the organization as described by Peter Drucker, who famously said: “Because the purpose of business is to create a customer, the business enterprise has two--and only two--basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs” Build the product and generate demand. That’s what drives value. Everything else is a cost If you’ve never worked in a large organization, it’s hard to truly explain how many “costs” there truly are, and how many of those costs are just a coordination tax. Take the launch of a new software product: The business needs to document how the product works, where it breaks and has errors. The support reps need to know how the support it. The onboarding and implementation team need to learn how to set it up. The Account Management team needs to learn how to upsell it and drive value through adoption. The sales team needs to learn how to sell it. The marketing team needs to position it in the marketplace and run campaigns about it. The partner network needs to learn it The amount of coordination, repackaging, enablement, internal distribution etc is. Absolutely. Staggeringly. Enormous. Hundreds of people involved. Thousands at larger businesses. Every one of these businesses have created convoluted templates and processes to document, enable, support, service, and sell Now imagine taking all the market research, customer feedback, data, decisions, positioning, and yes, code, and cascading that automatically through the organization, repackaged using the templates that have already painstakingly been created and refined and honed through hundreds of launches, to the relevant team with the correct context and packaging, directly into the hands of actual internal or external end user That’s the world that just got way, way, way closer to reality. In fact, the main reason it won’t happen any time soon are the people, many of whom will fight tooth and nail against this automation because they will fight like crazy to protect the status quo This is why you are already seeing AI-native startups move so quickly. Because product launches are cascaded through the organization and out to the customer with way less friction than incumbents can ever dream of Incumbents are going to have to whip their companies into the AI era. Their employees will not go willingly. But the future is here, and the startups are moving way, way faster