Trillion dollars of infrastructure spending expected to generate profit in ten years but also that will be worthless in maximum five years is craziness.
Again - financial engineering that few can fathom is going to bring companies down. The huge amount of circular financing means we really should be suspect of all the players.
While Enron didn’t hide most of what they did, they were never this brazen about it
In the Trump era, being brazen is the rule as no one cares about reputational risk just money.
i recall differently.
enron were similarly lauded , arrogant, and self-considered essential to the global economy. but not under gop political protection like nvidia.
Trillion dollars of infrastructure spending expected to generate profit in ten years but also that will be worthless in maximum five years is craziness.
That’s scary! I’ve got an insurance contract with Athene. Hope it doesn’t blow up! 😱
I'd argue this is diminimus dollars in the grand scheme, and not that many chips.
BUT . . . this is how cascades start. It doesn't have to be 2008 to still cause a 50% decline in most the AI related names !!
Again - financial engineering that few can fathom is going to bring companies down. The huge amount of circular financing means we really should be suspect of all the players.
Nobody Special is a very informative and funny daily dose.