James Huang The Big Mac Signal: Why the "Two-Tier Economy" is Permanent in the AI Era TL;DR: The CEO of McDonald's just dropped a truth bomb: we are officially living in a "two-tier economy." High earners are thriving on asset inflation, while the middle class is being crushed by the c... Finance Finance Planning Financial Crisis Foreign Ownership Middle Class Collapse Multiple Income Streams Niche Definition Online Presence Side Hustle Social Fabric
News Editor Blackstone says Wall Street is complacent about AI disruption TL;DR Blackstone highlights increasing risks of AI disruption in finance. The private capital group emphasizes the need for caution amid optimism on Wall Street. Blackstone’s Jonathan Gray notes that ... AI AI Privacy Concerns AI arms race Ai Benefits Ai Regulation Finance Finance Planning Financial Institutions Risk Risk Management
James Huang What happens when the government runs out of money? TL;DR: Hong Kong faces financial challenges due to various factors, including a late pandemic response and economic shifts. The government has several options to address this, such as issuing bonds, s... Blended Economic Model Deficit Finance Planning Government Hong Kong Culture
