American Billionaires Are Competing To Be King Shit of Turd Island

You may have heard that Tesla’s board has proposed giving Elon Musk a one trillion dollar payday. Tesla is falling apart, and the ostensible theory is that only Musk can save it, as if he’s not the guy who ran it into the ground with his bad decision making.

Elon, of course, is currently “the world’s richest man” but his fortune is probably under 500 billion. So he wants to triple it.

This, as you may have figured out already, is not about saving Tesla, but looting it before it crashes out completely, which is what’s going to happen. Only 100% anti-china EV tariffs are keeping Tesla alive right now, but the problem is that non-Chinese companies are now producing cheaper, better cars and no, Tesla isn’t going to regain its lead.

Elon is just a rat trying to leave a sinking ship with a huge wheel of gold embossed brie, and the board (his cronies) are helping him.

Meanwhile:

(Every person who told you that the end of dollar hegemony was impossible was either an idiot or lying to you.)

Oh, and meanwhile China is banned all its tech companies from buying NVidia AI chips. Seems they figure their homegrown chips are now as good as the lobotomized versions NVidia is allowed to sell to Chinese companies.

In about three years, China’s chips will be as good as NVidia’s. In about six years they’ll be as good and a lot cheaper. Then every country outside the West will switch.

Meanwhile, as I’ve discussed before, every non-Western country will use Chinese Open Source AI, because using American or European AI is way too risky (if you don’t understand why, you’ve been a coma for the past 40 years.)

NVida is driving something like 40% of American stock valuations and AI is the huge bet America is making. America can’t even make magnets.

So what happens when China can produce essentially everything the West can, at equal or better quality, and it costs less? Passenger jets, military tech, chips, AI, robots, drones, cars, consumer goods. Everything. (or a reasonable facsimile, well north of 9% within five to ten years, and it’s already north of 80%.)

Well, the oligarchs who have been competing to be the richest guy in America are going to find they have a whole bunch of US dollars that the most important economy in the world, China, won’t accept for anything meaningful. You won’t be able to buy Chinese companies with it. You won’t be able to buy Chinese tech secrets with it. Chinese scientists won’t want to work in the shithole that the US is turning into, especially given all the racism against Chinese.

American oligarchs will, as my father put it, find out that they were competing to be “King Shit of Turd Island.” Like being the world’s richest Indian in 1950. You’ll live a nice life, but you don’t matter.

Serious elites have three jobs, in order of importance.

1. Keep their country powerful and advanced and important;
2. Keep control of their country
3. Compete among themselves.

American elites reversed the order of these tasks for generations. They’ll be lucky to avoid a civil war, is how badly they’ve fucked up. And the tech-bro “masters of the universe” are about to watch China roar past them and gain the tech lead in everything that matters. They can own America’s Tik-tok, but who cares, because America is a has-been nation, coasting on legacy fumes, and it’s only going to fall further and further behind.

Thiel and Musk and so on are just crabs in a bucket, competing for power in country going to Hell. May the best most ruthless crab be crowed King Shit of Turd Island.

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