Klio

Jensen Huang should have spent more time studying @nntaleb. Trying to maintain a reputation as a family man and a wholesome guy is what made him fragile. If he instead went down the Elon Musk route and cared nothing for his reputation, he would have been antifragile in this situation. Now he might lose half his shares, his job, and his reputation for acting like the rockstar he was not supposed to be. Elon’s reputation not only survives attacks, criticism and controversy - it becomes stronger by it. Elon is antifragile. Jensen Huang, however, decided to brand himself as a good guy, but only played a part. That’s why he became fragile, and will most likely be asked to stand down.

This was an American Coup. A shameful act towards an industrial legend. Jensen Huang did nothing wrong. It will not be the last we hear of him, He will have his vengeance.

Why are old stories that were not even covered up all that well become sudden international and geopolitical news? The timing is suspicious, so worth asking: who benefits and why now? If Jensen, the premier champion of open models, is taken out then anyone who wants AI closed, centralized, and controlled might benefit. Why now? The midterms seem relevant. But also perhaps the upcoming IPOs.

I remember telling one Obidient here that Nigerian politicians cannot do “we no Dey do shi shi” politics. How can you expect adults with bills and mouths to feed to be following you up and down Nigeria and making unnecessary enemies for themselves based on “love for God and country”. No money, and still no support for their own political ambitions. I mean, who amongst us would take that deal? I mean, for real?

The year is 2028. The Iran and Russia wars have combined to form one seamless front. Azerbaijan came under joint occupation of the Russians and the Iranians last year as US pressured the Azeris to interdict Russo-Iranian intercourse. The pro-Israel regime was kicked out and replaced by a Russian puppet. The Caspian was thereby secured against Western pressure. In Ukraine, the Russians extended their occupation to Odessa and then hunkered down to a defensive posture. The front line has been frozen solid for a year with intermittent shelling and intrusions by drones. After the Americans cajoled the Europeans into a new onerous sanctions regime and US bombers used bases in Germany to conduct fresh strikes against Iranian missile sites, the Iranians unveiled a new policy: striking US bases in Europe as punishment for any hostile action. The US military presence in the Rhineland-Palatinate zone was targeted first. But these attacks did not prove effective since the bases were too well defended. The Iranians have since shifted to targeting European values. The decisive moment came when the US shot down a Iranian flight to Sana’a that it claimed was carrying missile components. This led the Houthis and the Iranians to announce a joint ‘sanctions regime’ against civilian air traffic in all countries permitting the use of their airspace to US air operations. The counter-value campaign against Europe began with spectacular strikes on civilian airports in London, Paris and Berlin. Civilian traffic ground to a halt across Europe before recovering to a fraction of its previous levels. US intelligence alleges that the Russians, and the Chinese behind them, are supplying components for long-range missiles to Iran. News reports have surfaced of frantic backroom diplomacy to end the Iranian missile war on Europe, or at least to prevent it from expanding out to a broader set of counter-value targets. The Iranians have so far refused to budge: ‘If you want the missiles to stop falling, remove all sanctions on Iran and stop allowing the US to use your territory for attacks on the Islamic Republic.’ Europe is now in an impasse. Europe is still not ready to defend itself. How can you kick out the Americans? If we kick out the Americans, we will have to live under the Russo-Iranian boot. But then what is to be done about the missile threat? So far it has proven manageable, if terrifying. But with missile production ramping up across the Axis to staggering levels, Europe is facing the dark prospect of sharing the Ukrainian fate as the recipient of the output of vast automated BYD-style missile factories now perfected by the Chinese.

The Nvidia board should not fire Jensen Huang just because he had extramarital affairs. He should pay for the affairs the same way that Jeff Bezos paid for his: a hefty divorce settlement.

The solution to Nigeria’s housing crisis is in two folds: build more housing units and make the process of building more housing units cheaper. All necessary instruments to make the aforementioned possible are welcome, including ending the Dangote et BUA oligopoly on Cement.

They’re gonna come for Jensen hard over these next few weeks, especially many here. Just remember, we are humans and as such, there’s always something people can come after us for. It’s as simple as that. There’s always something. When it’s your time, it’s your time. That bubble must be reckoned with, by hook or crook, the whole thing can’t be sustained. There’s always a trigger

Eric Schmidt's private life in 1 million times more messy than Jensen's but there was no coordinated effort to take him out. Why not? Eric is the rat king of China Hawks while Jensen wants to sell chips to the Chinese Elon should be careful

Como já era previsto, a Argentina entrou em recessão técnica. Por quase três anos, Javier Milei foi apresentado em boa parte do continente como a prova de que a motosserra no Estado abriria caminho para a prosperidade. Agora, economistas ouvidos pela Reuters estimam que o Produto Interno Bruto (PIB) caiu pelo segundo trimestre seguido. Foram 0,6% de queda entre abril e junho, e a consultoria Analytica projeta algo perto de 1,5% entre julho e setembro. O governo exibe a inflação como troféu, e o número de fato impressiona: de 200% para cerca de 30% ao ano. O problema é o caminho escolhido para chegar lá. Os preços foram domados comprimindo consumo, salário e crédito, e o resultado aparece na mesa das famílias. A pobreza voltou a subir e já atinge quase um terço da população, depois de ter caído ao menor nível em oito anos em 2025. O consumo das famílias, que equivale a dois terços da economia argentina, caiu 2,7% nos primeiros nove meses do ano. Do lado produtivo, o quadro é de desmonte. Segundo o centro de estudos Fundar, 32.300 empresas fecharam entre dezembro de 2023 e julho deste ano, quase 6% do total do país. Em agosto, a indústria recuou 3,2%, o comércio 3,5% e a construção 2,5%. A Reuters visitou uma fábrica de meias em Buenos Aires que vende 40% menos do que vendia em 2023 e cortou 30% dos funcionários, pressionada pela demanda fraca e pela concorrência de importados baratos. Há quem esteja ganhando, como sempre. Energia, mineração e agronegócio cresceram com o petróleo e o gás de xisto e com a demanda mundial por lítio. Forma-se uma economia de duas velocidades, em que o setor exportador prospera e a indústria voltada ao mercado interno encolhe. Para quem estuda a região, o roteiro é conhecido: a Argentina volta a se especializar em bens primários, o velho lugar que o Sul Global tenta deixar há décadas. Tudo isso aconteceu mesmo com um socorro externo bilionário. Em 2025, o governo de Donald Trump e o Fundo Monetário Internacional (FMI) articularam dezenas de bilhões de dólares para sustentar Buenos Aires. A economia continuou encolhendo, a aprovação de Milei caiu para 36% em outubro e a rejeição subiu para 56%. Mesmo assim, o presidente descartou qualquer mudança de rota. O tema importa diretamente ao Brasil. Durante a campanha presidencial, esse modelo foi oferecido aqui como exemplo a ser copiado. Em 4 de dezembro, na cúpula do Mercosul em Montevidéu, os dois maiores sócios do bloco vão se sentar à mesma mesa com projetos opostos de desenvolvimento. O que estiver em discussão ali passa por comércio e tarifas e também por uma escolha sobre que tipo de inserção internacional a América do Sul quer ter.