this is my quant

🇩🇪 Chancellor Merz promises Germany is the BEST place to invest in, despite its catastrophic energy policies: "If we agree on delivery dates, we stick to it. If you invite friends from Germany for dinner at 7, we arrive at 6:58. We are reliable, predictable, precise, and unsurprising. We are, in short, what investors like most. So the good thing about clichés is this: they tend to be true. So if you pick the core of this assumed Germanness, you might actually like what you get. Yes, we do have our own challenges, but Germany's DNA proves to be rather helpful in the face of a world which is harder and harder to read and to predict." So uhh... what are the clichés about mass unvetted migrants, if they "tend to be true"? 🤣 Writers: Mhedi, Michael

Next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many.

🇫🇷 France's government SPENDING now equals roughly 57% of its entire economy... That's higher than the levels shown here for the Soviet Union, communist Romania, Poland, and China. •⁠ ⁠USSR at 50% •⁠ ⁠Communist Romania at 42% •⁠ ⁠Venezuela under Chávez at 38% •⁠ ⁠Communist Poland at 36% •⁠ ⁠China at 33% Will France fall? Source: @randgroup / Writer: Samuel

The biggest, and stupidest, myth in European politics, particularly popular in France, is that Europe suffers the consequences of "austerity" and "neoliberalism". In the biggest 5 countries in Europe, more than half of the population makes its income from the state, less than half from the private sector. This is what makes the problem of reducing the welfare state so impossible: more than half of the voters are net recipients. No surprise that Italy's budget has not been balanced in 100 years, France's in 50 years (ooh la la, l'austérité!!): -France: 30 million from the state versus 21m private sector workers. State spending is 57% of GDP, taxes more than half the economy. The budget hasn't been balanced in the lifetime of most French (since 1974). - Germany: 35 million adults from the state, versus 34 million from the private sector. 10% of the population is registered as severely disabled. Public spending is over half of GDP. Germany has had a continuous budget deficit since 2019. -Italy: 23 million from the state, versus 20.5 million private-sector workers. Public spending is 51% of GDP. Italy has had a budget deficit every year since 1925, for 100 years. - Spain more people get their income from the state since 2024: 18.21 million from the public sector versus 17.9 million people working in the private sector. Since 2025, Spain also had more government employees than self-employed workers (autónomos) for the first time in history. State spending is at 45%, budget has not been balanced since 2007. - UK: 54% of households now receive more in state benefits than they pay in taxes. State spending is 44.5% of GDP, taxes (40%) are at their highest since 1950, the budget hasn't been balanced since 2001, and 1 in 5 new cars is paid by the government through a bizarre state disability scheme (Motability).

But in Europe we have this. What a f**king disgrace. An absolute shame. We need to completely change this disgusting system of idiots, cronies and thieves.

Turns out the future does have flying cars

Update: three of the world's largest islands are on fire now and most islands including Bali have run out of fuel. Indonesia on July was comparatively paradisiacal

The collective silence of all the Chinese frontier labs feels like certain collective explosion approaching.

D’abord, coupons court à votre argument selon lequel il y aurait avant tout un problème de dépenses publiques : contrairement à ce qu’affirment un certain nombre de médias et de responsables politiques, nous avons avant tout un problème de recettes publiques. Depuis 2017, le gouvernement a en effet choisi de réduire les rentrées fiscales : ce sont 2 points de PIB de recettes qui manquent à l’appel, soit 60 milliards d’euros par an. C’est l’équivalent du budget de l’éducation nationale qui s’est volatilisé.

🚨do you understand what Zuckerberg just admitted about Meta's first frontier model. Zuckerberg: "We're gonna write this check for like $100 billion, $200 billion. I'm like, Alex, are you sure this is going to work?" Alexandr Wang: "…certainly not clear at all that it was going to work." it's called Muse Wonder. here's the part nobody is talking about: > Meta's own tests put it level with Fable 5.1 and GPT-6 Astra > on MemoryBench it beats Fable, Opus and Astra > $4 input, $20 output per million tokens, same tier as Opus 5.5 > trained at Prometheus, Meta's new data center in Ohio > no independent benchmarks yet $200 billion. one bet. and the guy signing the check wasn't sure it would work. now we find out if it did. watch the clip below ↓