Is technology overvalued?
Market cap isn't comparable to GDP
I miss the time when I only had ti think about indians while watching The Simpsons. Now they're everywhere.
>>108826543No, India provides less value than njudea
>>108826543No.
>>108826552>Indian Exchange Market Cap>GDPLearn to read Ranjesh
>>108826543Every country that is not The US and China are decades behind on AI, that's what being priced in at the moment.
>>108826669>Every country that is not The US and China are decades behind on AIgiga.chat
>>108826543If anything, that makes tech vastly undervalued.
>>108826543Anything related to AI currently is.
>>108826543No. In fact, it's one of the few markets that is naturally deflationary, the way all commodities should be.Real estate, on the other hand..
>>108826543Lol
>>108826543But India is utterly worthless. My heavily used moldy fleshlight has more value than India.
>>108826543technology is bad and we need to undo everything from the past hundred years but nvidia is still more valuable than India
>>108826543BlackRock has more assets under management than all but 2 countries have in GDP (USA & China). It's absolutely scary how much wealth and power they control.
>>108831732They're not their assets, they just manage them for their customers.They don't have voting rights, their customers do.Even when you buy their ETF's (iShares), they don't own the underlying shares but you do.It's like claiming a parking garage owner has hundreds of cars just because they are parked on their property.
>>108826632Didn't even read the image, but it's still incomparable
>>108831874>They're not their assetsTry not to strawman, it makes you look retarded.>they just manage them for their customers.Yes, that's what assets under management means. Just like a bank can freeze your assets, BlackRock can do the same fucking thing, which they partially did less than 2 months ago. So yes, they have a scary amount of power they control.>It's like claiming a parking garage owner has hundreds of cars just because they are parked on their property.Cool, more strawman. I guess you like looking retarded.
