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Laurent
@laurentqro
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Independent software engineer. Wannabe solopreneur.
Monaco
Joined October 2007
RT @BasedMikeLee: Name a fascist dictator whose agenda entailed limiting the size, cost, and power of government
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RT @gregisenberg: Y Combinator JUST announced what startups they want to fund next in 2025. And it's mostly AI that replaces $100k/year job…
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RT @paoloardoino: - US: we're investing 500B in AI - China: here is our model. It saves 95% compute - Europe: which plug those GPUs are usi…
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@marc_louvion @Wise Spread this between multiple banks, and get yourself an Interactive Brokers account. Happy customer for years.
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@levelsio In the short medium term, AI is a tractor, and in the long term AI will build the tractors for us.
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@levelsio We’d be lucky to end up like Japan. I think Europe is currently trending to turn into a continent-wide city of Venice; an open-air museum.
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RT @Devon_Eriksen_: This is what will matter 1000 years from now. Not your politics. Not your stupid tantrums about who platformed who on…
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RT @jeremykauffman: BREAKING: France has arrested Gonzalve Bich, the CEO of Bic Allegedly, Bich was complicit in the drug trade by manufac…
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Good analysis. I would add that the euro has meant that the ECB had to set a single interest rate for economies as different as Germany’s and Greece’s, that have very different levels of productivity. So Germany has benefited from an interest rate that is too low, and Greece has suffered from an IR that is too high.
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You're absolutely right. Case in point: Italian and German industrial production had grown in lockstep since the 70s and started diverging exactly when the euro was introduced: (source: @IdLibertes ) The euro is overvalued, and the base rate is too high for Italy, and undervalued / base rate too low for Germany.
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