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Hugues de Payens

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I for one will nominate @Enes          Interedting and insightful posts. 

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Hugues de Payens

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In the US, while asset owners generate trillions in market cap, car repossessions are at 2009 levels. In 2024, 1.73 million vehicles were seized, up with 16% compared to 2023 and up with 43% compared with 2022. We will have to wait for the 2025 figures. The bottom line however, the US is literally in an economy where you are either rich off of AI or you are having your car repossessed. The US economy is particularly bad for Americans who are seeking entry level jobs. The US unemployment rate for youth graduates aged 20-24 has averaged 8.1% over the last 3 months, the highest in 4 years. This rised alarmingly from less than 4% just 2 years ago, when the AI boom began. #MarketPullback #BinanceSquareTalks $XLM $ALGO $ASTER

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Tech has officially taken over. For the first time in history, the Magnificent 7 stocks are now worth more than $20 trillion. This means that these 7 stocks alone account for a record 35% of the S&P 500. Also, without AI the US economy for one would likely be contracting right now. AI spending contributed 1 percentage point to the 1.6% US GDP growth rate recorded in the first half of 2025. This means 63% of the economic growth came from AI investments, by far the most on record. One can come to the conclusion that there are two US economies, rich vs poor with AI as the lifeline. #MarketPullback #BinanceSquareTalks $XLM $ALGO $ASTER

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A most interesting development, will India now stop buying Russian oil ? The U.S. and India signed a 10-year defense agreement aimed at expanding military and technological collaboration, with key provisions covering interoperability, joint weapons production, and intelligence sharing. Will India remain with BRICS ? Only time will tell, I guess. $XLM $ALGO $ASTER #BinanceSquareTalks

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President Trump thanked Japan's first female PM for placing a "very large amount of new military equipment" orders with the U.S. Good news for America's military industrial complex. $ASTER $ALGO $XLM #TRUMP #BinanceSquareTalks

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A big one for Britain's military industry. The UK signed a £8 billion deal involving selling 20 Eurofighter Typhoon fighter jets to Turkey. It is the biggest British fighter export transaction for the UK in 20 years. The first deliveries are expected in 2030. $XLM $ALGO $ASTER #UK #MilitaryUpdate #BinanceSquareTalks

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