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A.I. already needs a bailout
Something tells me the internet is going behind a pay wall
@sposwellness8653no
If you “guarantee” a loan it’s your loan!
Finally some more banks going bankrupt, so they can be bailed out with our tax money. Oh wait, they are selling that bad debt to pension funds, amazing!
Right, no worries, Bessent will convince Donny to bail out his buddy Larry Ellison’s Oracle with taxpayer money. Nothing to see here, folks, just protecting your retirements! Pitiful.
Now its a transfer of wealth, and HE said no more bailouts, and they have new banking and finance rules you must read. The new rules are for deposits and a bail-in clause.
I think banks are required by law to have uninsured accounts that can absorb their losses. Thats probably why major banks are linked to major investment firms now. Those investment account will be absorbing the losses.
We also know; next they will take us to war. Old people will loose their pension, young men will die.
Exactly. They got rid of the uncertainty of having to visit the White House to make the population pay to save the banking system.
It is more efficient: they pass crap loans onto the private credit monster, which has been acquiring everything for decades — insurance, elderly care, hospitals, universities, butcher shops, and vegetable retailers.
These are the kind of criminal companies that are pillaging all sectors.
There is nothing that can be done against it.
George, the professionals know what they are doing. ❤😂🎉
😂😂😂😂😂😂😂😂😂😂
If I’m not mistaken ~ Larry Fink is now the New Mouth Piece for the WEF, since Klaus Schwab has stepped down!
Schwab was prelevated from his fortress in Switzerland. He had been drugged with that thing and obviously did not receive it in his place of detention. He died.
I thought the rich Europeans hate the Finkster?
@e@elisabethdemoreaudandoy478xplain please. Not understanding what “that thing” and “place of detention” is.
The Circle Jerk?
And the US Tax Payer is the Pivot Man!
@lccdan1 get your plastic gloves out
Time to watch the Enron documentary again. It’s been a while 😂
Not exactly the same but it sure is gonna rhyme when it happens. We are unsustainable as a society, too much corruption.
Don’t worry-they got this! 😂
I’ve got to get some more popcorn 🍿🍿
AI is just the Modern Dot Com. Bust 😅
financial flim-flam is universal
That insanity meter is pegged
The SEC definitely is part of the bubble.
Definitely.
I love your videos! You can make me laugh about a 99% guaranteed financial catastrophe. Beats crying, for sure.
The markets can stay irrational longer than I can stay sane.
They’re not irrational they’re manipulated
MOAB: Mother of all bubbles
Addition to the list.
Simply sickening how evil and corrupt business and government leaders are!!! There is no regulation and oversight for all the scams, frauds, and Ponzi schemes that are now done in the open. They are not even trying to hide their corruption anymore!
The year before Enron went bust they were awarded the “most innovative” company in the world award.
hint: I learned to be very wary of HYPE. WHY are “THEY” praising Enron so much, I asked. Then, I found out what Enron did to California by buying Energy Futures. California was Naive and was not expecting SHARKS in the water. Enron disclosed MANY LIES.
Enron’s accounting was extremely innovative!
As a Korean investor, I see a chilling resemblance between the circular financing loop that caused our 1997 IMF crisis and what Nvidia is orchestrating today. Back in 1998, the Asian Financial Crisis threw countless people onto the streets, bankrupted major conglomerates, and nearly destroyed our entire nation.
The structural financial vulnerabilities of Nvidia’s current ‘AI circular financing (vendor financing)’ model are shockingly similar to the circular shareholding and cross-debt guarantees of Chaebols like Daewoo Group that triggered Korea’s collapse in 1997. It’s the exact same financial engineering trap, just in a different era.
but smaller as a percentage of the US GDP.
Its only a couple trillion on a $35T economy
Extra bonus for Tropic Thunder quotes, George.
Well explained George and it is sickening to watch the fraud play out in real time knowing those causing the losses walk away with no accountability.