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BasicInc.🇺🇸
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BasicInc.🇺🇸
@BasicInc1
A self-proclaimed geopolitical nerd, lover of history & social & political philosophy. Things such as art, astronomy & theological thought fascinate me. No DMs.
Langley, Virginia, USA Katılım Mayıs 2021
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This is the biggest reversal in the entire history of the US stock market.
$11 trillion has been added to US stocks in the last 45 days.
The S&P 500 is up +18%,
the Nasdaq is up +28%,
and NVIDIA is up +38%.
The craziest part is that all this happened while there is no peace deal between the US- Iran and oil prices are trading above $100.


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BREAKING: US data center construction spending jumped +34% YoY in March, to a record $50 billion annualized rate.
Spending on data centers is up +437% since the beginning of 2021, when the annualized rate stood at ~$9 billion.
This is also up +688% since the start of 2018, when the annualized rate was just ~$6 billion.
Meanwhile, office building construction spending fell -9% YoY in March, to $46 billion, the lowest since 2015.
This means that spending on data centers now exceeds office building construction by $4 billion, or +9%.
To put this into perspective, office construction spending exceeded data center spending by $65 billion, or +650%, in 2020.
AI is fundamentally transforming the US economy.

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#BREAKING: Chinese President Xi expressed interest in purchasing more American oil to reduce China‘s dependence on the Strait of Hormuz in the future.
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JUST IN: @seanhannity says President Trump’s meeting with Xi could lead to Chinese cooperation on Iran, oil, and soybean purchases benefiting American farmers.
Telling @ainsleyearhardt his takeaways from the interview, Hannity says China appears ready to help with “whatever Trump needs” regarding Iran.
He also said Xi was surprised when Trump invited him to meet with American CEOs, a move that made a strong impression on the Chinese leader.
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President Xi, delivering remarks at the state dinner alongside President Trump:
"President Trump and I both believe that the China-U.S. relationship is the most important bilateral relationship in the world. We must make it work and never mess it up."
"Both China and the United States stand to gain from cooperation and lose from confrontation. Our two countries should be partners rather than rivals."
"President Trump and I also agreed to build a constructive China-U.S. relationship of strategic stability to promote the steady, sound, and sustainable development of China-U.S. relations and bring more peace, prosperity, and progress to the world. We must make it work and never mess it up."
"Looking back at the course of China-U.S. relations, whether or not we could have mutual respect, peaceful coexistence, and win-win cooperation is the key to whether the relationship can advance steadily."
"The world today is changing and turbulent. China-U.S. relations concern the well-being of the over 1.7 billion people of both countries and affect the interests of the over 8 billion people of the world."
"Both sides should rise up to this historic responsibility and steer the giant ship of China-U.S. relations forward, steadily and in the right direction."
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Shoe0nHead dropped a video featuring SmugAlana where they responded to Hasan's crash out over Shoe
Here she expanded on what she meant in her og video, explains why Hasan will never be the Joe Rogan of the left, and more
"Ur focus should be American citizens..I don't know how my ideology is confusing..as flip flopping, when..it's completely normal common sense stuff..u can't have a country in decay like this..it will not be fixed by ppl like Hasan telling young men not to aspire for anything and saying stupid sh*t..like telling ppl it's cool to steal"
"U can't have a peaceful functioning socialist or even social democratic society with the delusional social policies of Hasan Piker..funny he sees my politics as incoherent"
"The video was barely political..my response to him was about his nihilistic mindset when it comes to young men bc for years we had to watch the media shove this guy down our throat like he was the Joe Rogan of the left..he was gonna save young men from the alt right pipeline”
“This guy is never gonna be the Joe Rogan of the left bc atleast Joe Rogan from years ago was all about listening to other ppl's beliefs..Hasan does not do that..he closes his ears and goes lala I can't hear u, ur stupid I'm smart"
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Brigitte Macron slapped French prez husband over steamy message to Iranian actress: report trib.al/bgP8lWh

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The U.S. is sending military personnel to Ukraine to learn modern warfare, Pentagon chief says
U.S. Defense Secretary Pete Hegseth said American troops are regularly sent to Ukraine to study both defensive and offensive operations involving drones.
Hegseth personally approved these deployments so the U.S. can extract as many lessons as possible and integrate them into its own military.
Over three years of full-scale war, Ukraine has effectively become a testing ground for future technologies — from mass use of FPV drones to AI systems and naval drones.
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