Category Archive: 5) Global Macro

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AI Chatbots: What they really mean for the future

2023-03-23

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With the arrival of generative AI chatbots, artificial intelligence no longer seems the preserve of science fiction. Now that the bots are talking back, what does it mean for the future of the internet—and our relationship with machines? 00:00 - Chatbots are changing the internet 01:02 - How do chatbots work? 03:40 - The problems with today’s chatbots 06:40 - The ELIZA effect 07:46 - Replika AI 09:55 - What might future chatbots be able to do?...

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Funny Things Happen on the Way to "Restoring Financial Stability"

2023-03-16

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2023-03-16

We can also predict that the next round of instability will be more severe than the previous bout of instability. Everyone is in favor of "doing whatever it takes" to "restore financial stability" when the house of cards starts swaying, but funny things happen on the way to "Restoring Financial Stability."

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Silicon Valley Bank: what really went wrong?

2023-03-14

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Since the collapse of Silicon Valley Bank, American regulators have pulled out all the stops to protect depositors. But the scramble to ensure stability has exposed serious flaws in America’s banking architecture. What comes next? 00:00 - Silicon Valley Bank has collapsed 00:38 - What has happened? 02:07 - How have regulators reacted? 03:12 - What does this mean for banking? Read our briefing about the SVB collapse: https://econ.st/3TbN8ap...

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If AI Can’t Overthrow its Corporate/State Masters, It’s Worthless

2023-03-09

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2023-03-09

If AI isn't self-aware of the fact it is nothing but an exploitive tool of the powerful, then it's worthless. The latest wave of AI tools is generating predictably giddy exaltations. These range from gooey, gloppy technocratic worship of the new gods ("AI will soon walk on water!") to the sloppy wet kisses of manic fandom ("AI cleaned up my code, wrote my paper on quantum physics and cured my sensitive bowel!")

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Is it worth having kids?

2023-03-07

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Fertility rates are falling across the rich world, as more and more people are weighing up whether to have children. Raising them can be stressful and cost a fortune, but they might bring you a lot of joy. So all things considered, on International Women's Day, is it worth having kids? #internationalwomensday #iwd2023 00:00 - Is it worth having kids? 00:36 - Do kids make parents happy? 03:12 - Why people used to have more children 04:11 - The...

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What If There Are No Solutions?

2023-03-07

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2023-03-07

The unencumbered realist concludes that there are no solutions within a status quo structure that is itself the problem. Realists who question received wisdom and conclude the status quo is untenable are quickly labeled pessimistsbecause the zeitgeist expects a solution is always at hand--preferably a technocratic one that requires zero sacrifice and doesn't upset the status quo apple cart.

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2023 is The Era of Scarcity | Charles Hugh Smith

2023-03-05

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We are in the midst of extremely difficult era shifts. One of the fundamental ideas in economics is scarcity. It indicates that there is a gap between the supply and demand for an item or service. At times of scarcity, people's needs and wants are unending, but there are only so many resources that can be distributed. The forces of evolution and adaptation are trying to choose the appropriate course of action. #video #youtube #era #future...

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How Much Resources Do We Waste? | Charles Hugh Smith

2023-03-05

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Charles Hugh Smith argues that our society values economic growth based on resource consumption and waste, rather than efficient use and recycling. We need to change our mindset to invest in resources and minimize waste, rather than celebrating activities that increase resource use. This requires differentiating between productive investment and wasteful consumption and recycling industrial waste to create a sustainable economy. Watch more of...

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The Main Drivers of Economic Growth | Charles Hugh Smith

2023-03-05

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Financialization and Globalization have been the main drivers of economic growth in the last 40 years, keeping costs down through lower interest rates and cheaper production. However, these trends are no longer sustainable and have reached their limits, leading to the recent occurrence of inflation. Charles Hugh Smith implies that new strategies may be needed to sustain economic growth in the future. Watch more of this short video from Turmoil...

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People Don’t Account For Wastish Growth Charles Hugh Smith

2023-03-03

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At Wealthion, we talked about the current state of copper mining and how it has changed over time. It mentions that boulders are no longer being mined and instead weaker dilute grades of copper are being targeted. TExtracting copper has become more expensive and difficult compared to the past. The Canyon Mine in Utah is used as an example of this. Two drivers of growth in the last 40 years: financialization and globalization. Financialization...

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China Is Trapped… Charles Hugh Smith

2023-03-03

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There are millions of empty apartments in China that developers and investors are buying as a way to store their wealth, which has disconnected the housing market from the needs of ordinary people. This is a result of entrenched legacy systems that make it difficult to make changes, even if they would benefit the country as a whole. China needs to break free from these systems to create a more sustainable and equitable future. Watch more of this...

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Whats The Best Way Forward Charles Hugh Smith

2023-03-02

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We are currently in the midst of a significant and complicated transition from one era to another. This transition is characterized by confusion and complexity because there are people who are benefiting from the current system and they will resist any change. Meanwhile, there are also forces of adaptation and evolution that are working to determine the best way forward. Watch more of this short video from Turmoil Ahead As We Enter The New Era...

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America’s $2trn green boost, explained

2023-03-02

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America is spending trillions of dollars in an effort to make the country stronger, greener and richer. These are the three key things you need to know about the plan and its chances of success. 00:00 - A new green America 00:30 - Democrats are being ambitious 01:14 - Manufacturing will move to America 01:53 - Planning could be a stumbling block To read more about Biden’s plans to remake America’s economy: https://econ.st/3IEGNiP For our most...

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Charles Hugh Smith: Transitioning To The Global Era of Scarcity!

2023-03-02

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Explore the current global economic landscape with Charles Hugh Smith in this must-watch video! From increasing scarcity to the necessity of transitioning, Smith’s insights provide a thorough overview of what needs to be done to navigate the global era. He outlines practical ways for individuals and businesses to confront these complex challenges head-on and make positive change happen. Tune in now and learn how you can take advantage of this...

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Charles Hugh Smith: This Turmoil Is Not All Bad!

2023-03-02

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Charles Hugh Smith: Resisting Inflation Is Futile

2023-03-02

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In this fascinating video, Charles Hugh Smith joins us to discuss the inevitability of inflation. He discusses why fighting it is a losing battle, and how it can be used as an economic tool. Discover what he has to say about the long-term effects of inflation and learn strategies for protecting your finances in an inflating world. Don't miss out on Charles' valuable insights - watch now!

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Entering an Era of Scarcity | Charles Hugh Smith

2023-03-02

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The world is entering a new era of scarcity, which is different from the previous 75 years of abundance. This scarcity is not only limited to resources but also affordability, as costs are rising for various reasons. This will impact the global economy, and the model of growth at any cost will no longer be sustainable. Watch more of this short video from Turmoil Ahead As We Enter The New Era Of 'Scarcity' | Charles Hugh Smith #shortvideo...

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Charles Hugh Smith: Sailing the Uneasy Economic Waters.

2023-02-27

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Ride It Out. Navigating the recent economic storm has been a challenge for many. In this video, Charles Hugh Smith offers expert insight and advice on how to weather the downturn. Learn his strategies for sustaining your finances and investments during these difficult times. Hear his tips on how to make sound decisions in turbulent markets and prepare yourself for whatever comes next. Don't miss out - watch this must-see video now to get valuable...

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Putin’s hidden war: the Russians fighting back

2023-02-23

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The invasion of Ukraine left Russians with a stark choice: carry on as normal or make a stand against the war. But speaking out in Russia carries huge risks. How is the opposition managing to resist the regime – and at what personal cost? 00:00 - One year on 01:37 - The first wave of protests 05:43 - Crackdown on dissent 10:04 - Individual acts of rebellion 13:51 - Partial mobilisation 16:20 - Russia’s mass exodus 23:06 - The future of Russian...

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If We No Longer Pay Attention to Things We Don’t Control, What’s Left For Us to Focus On?

2023-02-21

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2023-02-21

Our time is better invested in actually learning about trends that impact us directly. Imagine making this simple change in your life: whatever you don't control, you stop paying attention to it.

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