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Afghan Central Bank Can't Access $10 Billion

Pieter's Post
Pieter's Post
🎥Korengal Trailer With all the shit going down in Afghanistan I rewatched this documentary. It follows a platoon in one of the most dangerous vallies in Afghanistan. You quickly see that the true challenge is not the fighting, it’s in gaining the trust of the locals.
📖 Afghan Central Bank Can’t Access $10 billion The Taliban wanted to know where all the government money is after they took over. Small problem… the money is not cash stored in a bank. It’s mostly gold and treasury bonds stored at the federal reserve in New York. And they’ve decided to freeze it… Oopsie…
📖 ASML is the most important company you’ve never heard of Due to Corona and increasing demand there’s a big shortage in chips. Everything contains a chip these days, from your washing machine to cars. TSMC in Taiwan has a 90% market share in producing these chips and they produce them using Dutch lithography machines from ASML.
📖 End of the line for Uber Uber is great at PR and hype but it’s still losing billions each quarter without a plan for profitability. The numbers just don’t add up. Well they do, if you were to believe all the made up accounting metrics they are spinning. But the way the rest of the world looks at their financials…. they are fucked unless they can pull off some miracle.
They tried to spin the whole ‘self-driving cars’ thing for a while to get millions in investment money but eventually had to sell off their self driving research department. They’ve gained traction with Uber Eats… but as much as they want you to believe otherwise… it’s burning not earning money.
Uber is a bezzle (“the magic interval when a confidence trickster knows he has the money he has appropriated but the victim does not yet understand that he has lost it”). Every bezzle ends…
📖 Tesla Bot 🇳🇱 While the timeline of Elon Musk’s products it often… ‘optimistic’ to say the least. He does end up delivering them in the end… So I’m very curious if the Tesla Bot will be the first general purpose human like robot that will be welcomed into people’s homes. It doesn’t look creepy at all…
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Pieter's Post
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