After losing half its value, Nvidia faces reckoning
It's interesting to me how "value" seems to work - nothing has been physically destroyed, the products still exist and in fact they are still being made; the already purchased capital (fixed and variable) is still there - so what's been lost? Is it a purely speculative quantity? If so, shouldn't we ask why we are attaching so much significance to something which has very little bearing on what we, as humans, do: production?