Whoever thought it was a good idea to import 660 million pounds of trimmings into the United States should be immediately fired. It's a total disregard for the American public.
The economic pain hasn't even begun yet. When the first domino falls in Trump's term, it will be massive. There are flashing red economic signals everywhere.
When the private credit bubble bursts, it will be the retirement funds that are raided. They are going to privatize the gains and socialize the losses.
Larry Fink gave this nonsense away. They are trying to value these GPUs as assets. Anyone remember mortgage-backed securities? The depreciation of computer parts is worse than vehicles. They are going to do everything to sell this ugly monstrosity to dump on the public.
Bitcoin should be worthless. It can be easily hacked and confiscated, and you need access to power to transact. Quantum computers will make bitcoin obsolete in a few years.