Cem Karsan 🥐

What is coming is no different than China 🇨🇳 dumping in solar panels…or electric cars… or rare earth mining… or nuclear power. We will just be driving those strategic investments through the equity market channel. This is state run capitalism. The ‘$5000 checks coming after the midterms’ ($1.6 Trillion) will likely be in the form of strategic equity stakes in Trump accounts. The coming $3-7 Trillion SWFund will also be for this purpose. These Trump Puts have explicitly underpinned the otherwise illogical scale and speed of the CapEx wave we have seen since last year. It should have been clear who was actually in charge of the CapEx since Sep of last year, when the Hyperscalers were asked to go around the table ata White House dinner, effusively praising Trump and making CapEx promises. @ that dinner Zuckerberg famously surprised Trump with the scale of his announcement by stating that Meta would invest “at least $600 billion through ’28 in the U.S.” & after seeing Trump’s surprise at the number, leaned into his boss’ (Trump) ear for a hot mic🎙️moment… stating, “Sorry, …I wasn’t sure what number you wanted to go with!” 👇 https://t.co/3LB7bh9SMv

Everybody is beginning to finally catch on to what I have been trying to yell from the mountain ⛰️ tops for 4 months now…. “If you’re confused by the economics, it’s because the economics aren’t supposed to make sense…Uncle Sam inherits the legacy infrastructure… In that sense it’s no different from the USSR diverting the nation’s entire consumer budget into vast steel plants that no one else could ever afford to match on cost. This is when “the project” begins in earnest. I’d bet on more secrecy and even more centralisation.”