Tuesday, 23 June 2026

US tech stocks rout after China rolls out a better AI with Huawei chips and Gulf States can no longer invest dollars

Trump seems to be seeking to throw a vast amount of gov money at the AI industry but the harsh reality is this will be inflationary when the actual productivity and usefulness of the US AI, tech industry is so low.

The low productivity and earnings of US AI, tech industries illustrates the dangers of an oligarchy whereby a bunch of  (Epstein) billioniares concentrate vast amounts of money in their hands by corruption and a quasi monopoly.

 https://www.telegraph.co.uk/business/2026/06/23/ai-bubble-tech-ftse-100-markets-kospi-musk-spacex/

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