Goldtent TA Paradise

Altman and OpenAI

1. Rob Walnut says:

   April 29, 2026 - 1:00 pm at 1:00 pm

   Very interesting. Good share
   The AI financial ponzie scheme is unraveling.
   With AI on the down and tied to the hip of private equity… this is going to be very ugly.
   Cryptos will sucked into this hole as liquidity dries up.
   Then the govt will have turn on the printing presses to save their black rock buddies and their own portfolios.

   Here is a JOKE that summarizes how AI economics work as they flush money between themselves…
   Two Keynesian economists are walking in the woods when they come across S#IT on the ground.
   One says, “I’ll give you $10,000 if you eat that.”
   The other thinks about it, then does it and gets paid.
   They keep walking and later find another one.
   The second economist says, “I’ll give you $10,000 if you eat that.”
   The first one agrees, eats it, and gets paid.
   Afterward, one turns to the other and says:
   “Wait a minute… we both just ate S#IT and neither one of us is a penny richer for it.
   What was the point?”
   The other replies:
   “We increased GDP by $20,000.”

   Don’t eat S#IT, instead Get Gold… Get Silver!

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2. pedro_deleon says:

   April 29, 2026 - 1:05 pm at 1:05 pm

   Yeah, that was a joke Elon recently told. And its true.
   A variation on digging a hole, then filling it in. To increase GDP.

   Not far from Bastiat’s well known Broken Window Fallacy.
   Breaking windows to stimulate growth.
   Ignoring the balance sheet (and opportunity costs).
   Dave Collum looked at WWII economics and concluded the Depression didn’t end until 1946.
   Certainly, activity increased during WWII, but little of it satisfied real human needs.

   Richard Koo popularized impact of Balance Sheet troubles in Japan 20 years ago.

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