Into macro economics, hard assets, VWFC, diving, hiking, meditation, conservation, Planet Earth and Middle-earth. Fix the money, fix the world. #bitcoin
Vancouver BC, Canada
Joined December 2011
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Ecthelion retweeted
It should tell you something that @elonmusk realized it is easier to catch a flying spaceship than get Congress to cut a dollar of waste.
Ecthelion retweeted
We started shipping the Nvidia H100 in 2022.
A year ago it rented for $1.96/hour.
Today: $3.10.
+58%, on a chip that was supposed to be obsolete by now.
So much for GPU depreciation.
Ecthelion retweeted
Notice how Isildur was shot with three arrows in the back after giving in completely to the power of the ring, while Boromir got shot with three in the front after he faced his demons in the end. Such a masterpiece on so many levels.
Ecthelion retweeted
NDP committed to wasting millions of tax dollars right to the bitter end.
Incoming Premier Lorne Doerkson urges the outgoing BC NDP government to halt any further new George Massey Tunnel commitments ahead of bridge review.
In response, the BC NDP says they won't take action, calling it a "reckless promise". #bcpoli #vanpoli
dailyhive.com/vancouver/inco…
Ecthelion retweeted
the groceries did not go up, your dollar buys less There is a difference. Loblaws is not the culprit, Parliament is!
🇨🇦 YOUR $200 GROCERY SHOP BECAME $266. NOW YOU’RE SUPPOSED TO FEEL BETTER BECAUSE PRICES ARE RISING SLOWER.
Statistics Canada’s September figures show grocery inflation slowed to 1.7%.
But grocery prices were still 33% higher than in September 2020.
Imagine a family whose weekly groceries cost $200 back then.
Apply that national increase to their basket.
🧮 Let’s do the math.
• Weekly groceries before: $200
• After a 33% increase: $266
• Extra every week: $66
• Extra over 52 weeks: $3,432
• Monthly equivalent: $286
That’s $3,432 a year to buy roughly what $200 a week used to cover.
No extra mouths to feed. No upgraded lifestyle.
Actual bills vary by what you buy.
This illustrates the national increase, not every family’s experience.
🛒 Here’s the part that gets lost:
LOWER INFLATION DOESN’T REVERSE THE PRICE INCREASES YOU ALREADY ABSORBED.
Even if grocery inflation dropped to zero tomorrow, that illustrative basket would still cost $266.
And there’s another uncomfortable calculation.
To bring $266 back to $200, prices would need to fall by approximately 24.8%.
Slowing the increase to 1.7% doesn’t do that.
Slower inflation is welcome. Wage growth can help households catch up. But a smaller annual percentage doesn’t automatically restore the room in your budget.
💰 That extra $286 a month still competes with your retirement contributions, your child’s activities and your emergency fund.
The inflation rate measures how fast the bill is changing.
You still have to pay the bill.
🍁 @wealthmoose
#Canada #Inflation
Ecthelion retweeted
Vi três episódios da nova temporada de Rings of Power e, olha, a série melhorou bastante. O roteiro tá melhor, a riqueza visual continua absurda e as lutas estão bem interessantes.
Sou die-hard fan de Tolkien, O Silmarillion é meu livro de cabeceira, e uma coisa que aprendi pra conseguir aproveitar a série foi separar as duas obras. Nem tudo precisa ser fiel aos livros pra ser bom e, como série de fantasia, Anéis de Poder tá muito legal.
Ecthelion retweeted
NVDA has to weigh not only the risk of losing Jensen but also the prospect of competing with him.
Ecthelion retweeted
Five-year-old Warren Bernard reaches for his father’s hand as the British Columbia Regiment marches through New Westminster on October 1, 1940, during the Second World War. The photograph became known as “Wait for Me, Daddy.” His father, Jack Bernard, returned home safely five years later.
Ecthelion retweeted
Worrying about AI oversupply in 2026 is like worrying about petroleum oversupply in 1910
Ecthelion retweeted
It is a sad reflection of modern football that the man who cares most about Manchester United, who will loyally, diligently again go into Carrington today to try and tackle the mess, is the one being eased out by those gathering in Monaco and via a link to Florida who don’t truly have United in their heart. Those who are primarily responsible for the mess.
Michael Carrick will leave the club sooner or later but the club will never leave him. United mean too much to him. He gave everything for the team in 464 games. His son plays for their academy. Being United head coach is not simply a job for Carrick, it's an honour he feels deeply proud of.
The manager who last season masterminded home wins over Manchester City, Aston Villa and Liverpool and away triumphs at Arsenal, Chelsea and Brighton has undoubtedly made mistakes this season. Diogo Dalot at left-back, not bringing Shea Lacey on earlier, etc. The poor run, and tumble into the relegation positions, inevitably means his job is on the line.
It is possible to understand why Carrick should lose his job but also why others should be held accountable, too. The decision on Carrick would be more palatable if it weren’t being formulated and then executed by Omar Berrada, Jason Wilcox, Sir Jim Ratcliffe and the loathed Glazers. What good have they done to this great club? Debts and decline, holes in the roof and in the squad.
Carrick’s contribution to the history of Manchester United is substantial and his legacy secure – winning five titles and taking responsibility for a penalty in the 2008 shootout that helped win the Champions League.
At the very least, Carrick deserves to be treated with far more respect than is currently being shown to a dignified, hard-working individual as the clock ticks down on his departure. His exit is being handled appallingly by the club. Red man walking. At least United fans are showing all the class their board lacks. The Stretford End sings Carrick’s name because they know he is not the real problem.
It will be no surprise in weeks to come to spot Carrick standing, hood up, with United fans at an away game. They will welcome him warmly. He’s done it before, being a fan again. Carrick loves the club. He has ever since he was an apprentice at West Ham United, charged with keeping the away dressing-room tidy, and admiring how Alex Ferguson and his smartly-dressed collection of winners strode into the Boleyn Ground. They had an aura, and Carrick wanted to be part of that.
Carrick will leave the club physically, dismissed as much for the failings of underperforming players, those incompetents in charge of recruitment and the unpopular owners, as for his own undoubted mistakes. But Carrick will never leave United emotionally. It's sad that someone who cares so much will go, and those who don't care as much remain. #MUFC
Ecthelion retweeted
If Sir Jim @ManUtd is really the strong decisive businessman he is reputed to be then let him be bold. Tell Carrick he’s got the job for foreseeable future & sack Director of Football who bought NO defenders for him in summer. Totally shocking & unacceptable.
Ecthelion retweeted
Here's my conspiracy theory on the whole Nvidia-Jensen scandal.
US intel knows everything since long ago. They are not naive. They played China using Jensen.
They allowed a certain category of chip smuggling. They allowed American AI companies to let go of their LLMs. They allowed distillation of top US models.
They let China develop all the opensource models and release them thinking it will dilute US AI monopoly and hit US AI companies revenue. They kept Chinese companies busy in useless pursuits with weaker chips.
But beyond Jensen talking in support of chip sales to China, and Nvidia exporting certain chips (fully monitored by the US), nothing much came out good for China in this operation.
They realized this months ago. Their western short-selling hit-job firms (that they use to attack companies in other countries as part of unrestricted war) were talking about such scandals already.
What's happening now is a frustrated power and its agents in the US leaking half baked intel via GLISCO media to attack Jensen, Nvidia, and broader US-AI market.
They want to hit Nvidia, trouble Jensen, and cause a wider US market crash affecting US-AI companies. So as to curtail their investments and their progress with AI.
Just look at who leaked this report, and the media who are all creating stories on Jensen alleging something like he gave away state secrets.
They all seem the usual GLISCO infiltrated. They regularly attack Trump, US-AI, and do hit jobs against US interests. They also regularly hit Modi, Adani, Ambani, Tata etc, that's a different story.
So what's gonna happen?
Some of their agents in the US are having good leverage now politically to investigate AI companies in the pretext of "aiding a foreign power."
They timed this hit job perfectly and in earnest. From now, we will see Jensen troubled legally and more issues come out for AI companies in the US.
There will be more hit jobs too on American entrepreneurs just like they try to hit Adani, Ambani, TATA in India as they work in strategic sectors for India.
The aim is to affect the market cap of these US AI companies, their spending capacity, and bring more regulations to control what these US AI companies do. To prevent the US from getting ahead in AI.
But in my view, these issues will be temporary. Nvidia and Jensen will come out of this fine. They have great backing from the Trump admin and the other DS that runs it.
Whatever show may be put up in the US regarding Jensen and Nvidia will be just that - another show to mislead China thinking their assets are working for it.
Nvidia may be hit temporarily, and pull all its AI customers and tech peers down, but it will rise up again. I can sense a failed hit job done in desperation very early. And this is one.
Ecthelion retweeted
Your feeling is genuine. But it's because the narrative is constantly pushed that way. The stories coming out now have truth, but they are presented in a way to attack the Trump admin as well for politics.
It is impossible for US intel to not keep track of someone like Jensen, not know about what's being shipped to China from the US in AI chips, and Trump admin (especially Marco) to stay quiet on this when briefed.
Jensen made mistakes. But he was caught and corrected. He's American and the US has more leverage over him. He was made an asset to mislead and delay China on AI. This is how counter intel ops work.