The U.S. market fell slightly after the bad prospects for Oracle’s profitability and the U.S. government shutdown were not resolved in the Senate. The reason for the decline in Oracle is that the cloud revenue margin is lower than expected. In the end, it can be said that it is because there are many competitors. Then, the cloud industry’s joint venture…
More than 60 votes are needed in the Senate to solve the U.S. shutdown. A bill with a filibuster must be approved by 60 votes in the Senate, or 60 percent, and that requires 7-8 more votes from the Democratic Party. In the end, it is the result of a clash between the Democratic Party demanding guarantees for Obamacare, Trump’s unwillingness to do so, and Trump’s intention to coordinate civil servants. Still, as I said before, it is expected that it will be resolved before 15 days. If the controllers and the military leaders fail to pay until then, the U.S. aviation system will be disrupted, and they will have to pay to move the defense forces that have been deployed to Washington and Chicago.
Trump is deliberately inducing a civil war. I feel like I’m looking at someone from our country last year. The United States is a federal state. In other words, each state’s authority is very strong. Trump’s ambition to ignore this and seek centralization like Xi Jinping or Putin is not going to come true easily. The U.S. has lived mainly in the state government for more than 200 years, and the history and tradition of Hamilton’s centralization being defeated and Jafferson’s state independence winning since the foundation of the country is alive. In the U.S., banks crossed state lines in the late 1990s. All banks could only operate in Intrastate. As such, the state’s authority is strong. That’s why it is not used as a bank in the later period, but as Banc One, it is used as Banc. Citibank is also marked as a Group, not a Bank, and interstate, which means crossing state lines. I’m also an old person. Remembering these days….
The Insurrection Act of 1807, which Trump claims is justification for the deployment of defense forces, is also vague. During the 1992 LA riots, mobilization of troops was tolerated by the public, but during the 2020 George Floyd incident during Trump’s first term, the government considered sending troops equally, but failed to succeed due to rational ministers. Now that all the ministers are scarecrows, we need to see how far this deployment of defense forces will spread.
For one reason or another, gold has finally gone over $4,000 an ounce. I’ve been talking about gold investment in this article for a while… it was 2400 dollars, so it’s already over 66%. Leo Dalio yesterday said 15% gold should be put in his portfolio. That’s why the situation is the same as it was in the early 1970s when the Vietnam War ended. That’s why the government’s overspending and huge government debt are the same as then. The ’70s resulted in Nixon banning gold conversion… anyway.
As Europe also imposed a 50% tariff on steel, the world has brought up its past protectionism. Protection trade failed and established free and multilateral trade systems, but history is retreating. Despite this, our opposition parties are only trying to peel off all the pieces and somehow scratch the president. The 48 hours that were lost, are you humiliating something that didn’t appear during Park Geun Hye Ferry Sewol? After the IMF, the Korean economy became export-led. However, the world is turning back to tariffs and protection trade, and the semiconductor boom has finally given the opportunity for the economy to rise, but seeing Oracle that is already missing while talking about AI industry margins, it’s not comfortable.
The sky where the rain stopped is so blue that my eyes hurt. It’s a day to play until tomorrow, so I think I’ll have to go around today. The blue sky reminds me of Song Chang-sik’s song.
“When my eyes are bluish
Let’s miss someone we miss
The last seat of autumn
The green leaves are turning red
If it snows, it’s ridiculous
If spring comes again, I’ll be like, “Hey!”
If I die and you live
If I die and you live
When my eyes are bluish
“Let’s miss those we miss”
On a bright blue day, I miss the person I miss and have a drink… a society that recommends alcohol and weather that recommends alcohol…
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