It’s debt stacked on debt. The money isn’t real, just the consequences of decades of credit expansion.
Now we either deal with a cascading wave of defaults (a la '29, '73, '86, '08, and '23) or we rush in with state credit to bail out all the private lenders.
But there’s very little real money in real pockets. At the end of the day, it’s borrowing power that makes you a billionaire.
The venture capital is just piles of money in other rich peoples pockets. As I understand it, the AI bubble is funded by massive amounts of saudi oil money anyway.
Its kinda like the jokers cash bonfire, but its Sam Altman pleading for more of it while eagerly dousing it in gasoline.
and ME countries likely isnt getting much influence out of trump, and white house, as they claimed too. they are paying for nothing. like they were already investing in sportswashing, EA, and other ventures at least that has value to SAUDIs.
All that venture capital. Gone into rich people’s pockets.
It’s debt stacked on debt. The money isn’t real, just the consequences of decades of credit expansion.
Now we either deal with a cascading wave of defaults (a la '29, '73, '86, '08, and '23) or we rush in with state credit to bail out all the private lenders.
But there’s very little real money in real pockets. At the end of the day, it’s borrowing power that makes you a billionaire.
The venture capital is just piles of money in other rich peoples pockets. As I understand it, the AI bubble is funded by massive amounts of saudi oil money anyway.
Its kinda like the jokers cash bonfire, but its Sam Altman pleading for more of it while eagerly dousing it in gasoline.
and ME countries likely isnt getting much influence out of trump, and white house, as they claimed too. they are paying for nothing. like they were already investing in sportswashing, EA, and other ventures at least that has value to SAUDIs.
its all a pissing contest between people we really aught to hang from the rafters… The consequences of their pissbaby behaviour is ours to bare.
We should be making soup out of them.
Where do you think the venture capital is coming from?
Other rich people.
It’s all fucking monopoly money once you’re that rich
Couldn’t happen to a nicer pack of jackals.