Post by @davidgerard@circumstances.run

@davidgerard@circumstances.run 1 hr. ago

i'm reading matt levine on AI debt default insurance and holy shit, every person who uses first world currency in their daily life is turbo fucked

the fuckery is like crypto but it's *real* money

https://www.bloomberg.com/opinion/newsletters/2026-10-20/someone-has-to-take-the-ai-risk
archive: https://archive.ph/7Hc09

> Financial markets can move around the AI financing risk, but they can’t get rid of it. It will be interesting to see where it lands.

FOR SOME FUCKING VALUE OF

also:
https://app.ft.com/content/6dd31584-064c-4015-bf5d-e5747799ccd5

Bloomberg.com

Bloomberg

AI CDS, rolling repos, evergreen continuation funds and Polymarket governance.

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Jer

@Jer@chirp.enworld.org 10 min. ago

@davidgerard all these fucking graphs that zoom to the moon suddenly are the kind of thing that really should have more people worried
None of this looks healthy even if some folks really like line go up finance

heptapodEnthusiast 🏳️‍🌈

@heptapodEnthusiast@mathstodon.xyz 38 min. ago

@davidgerard Great Depression 1.9 Live Beta is finally about to launch? Yayyyy!!1!

Matt Palmer

@womble@infosec.exchange 1 hr. ago

@davidgerard only someone who is independently wealthy or a complete sociopath (but I repeat myself) could write a sentence like "It will be interesting to see where it lands" without screaming so hard their vocal cords are ejected onto their keyboard.

David Gerard

@davidgerard@circumstances.run 1 hr. ago

@womble levine has learnt to scream quietly, after covering crypto then meme stocks

May likes Toronto

@mayintoronto@beige.party 58 min. ago

@davidgerard Matt Levine is the only one I still follow after leaving Fintech. I don't read it all the time, but his takes are always on point and extremely digestible.

@womble