Approximately half the S&P500 is in the Magnificent Seven. It doesn't matter what they sell, there is just too much money there. Calling this situation an 'AI r

Approximately half the S&P500 is in the Magnificent Seven. It doesn't matter what they sell, there is just too much money there. Calling this situation an 'AI risk' is disingenuous, or at best blinkered. Everyone outside of the American empire knows that the gig is up. When Uncle Sam has his money printing press on full blast, the American people don't feel the full effect, but everyone in the global majority, where there are no dollar printing machines, gets to see too many dollars chasing the same goods, a.k.a. inflation. The day when the American people elect a fiscally prudent government, for Americans to work hard, pay their taxes and get that deficit to a manageable number is never going to happen. But that is not a problem, the situation is out of America's hands now. It was the 2022 sanctions on Russia that made the BRICS alliance take note. Freezing their foreign reserves was not well received. Hence we now have China trading in their own currency with their trading partners happy with that. Soon we will have a situation where there is no 'exorbitant privilege' (reserve currency, which can only ever end up with massive deficits), instead the various BRICS currencies will be anchored to valuable commodities such as rare earth metals, gold and everything else that is 'proof of work' and important to the future. So that means no more 'petro-dollar', the store of value won't be hydrocarbons. This sounds better than going back to a gold standard. As I see it, the problem with the gold standard is that you kind of know already who has all the gold and we don't want them to be the masters of the universe, because it will be the same bankers. As for an AI 'Hail Mary', I do hope so. The money printed by Uncle Sam to end up in the Magnificent Seven means that it will be relatively easy to write this money off.