economics
Imported tag from Readwise
economics
Imported tag from Readwise
They are right. Labor may be cheap, but capital is free. It may even have a negative cost.
wars in the Middle East, and this-time-we-really-mean-it producer discipline, the world exits 2024 with oil down for the year and clinging to the bottom of its heavily-managed range. As measured in ounces of gold, the stuff has basically never been cheaper. We turn to China for a key reason why:
... See more“ Trucking fleets in China are embracing
36Kr: Developing LLMs might be an endless endeavor. Does the cost concern you?
Liang Wenfeng: Innovation is expensive and inefficient, sometimes accompanied by waste. That's why innovation only emerges after economic development reaches a certain level. In
it. We should have lowered the production of wealth and retarded economic and scientific progress.
The two-speed economy is likely to remain in effect. High interest rates (even after some cuts), Medicaid cuts, and other things continue to put downward pressure on lower-income and younger consumers on average. Meanwhile, fiscal spending continues to be aimed at older Americans on average, and wealthy Americans and institutions have generally
... See moreOne way of thinking about this is that the more the expected variation in the net flows (i.e., inflows minus outflows), the more volatile a capital structure is.
The growing gap between wages and productivity is just another hidden tax that transfers wealth from workers to employers.
Before the war, the European tungsten market resided in Hamburg, where more than 2000 tons of concentrated ore was sold annually. This was remarkable, considering Germany produced, at best, one percent of the world’s tungsten ore. Indeed, most of the world’s tungsten ore was being mined in parts of the British Empire, but more than half of global
... See moreCommodity prices often change direction ahead of bonds, which also makes them leading indicators of bonds at important turning points.