Post · Fedizen

@davidgerard@circumstances.run 10 min. 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

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

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@womble@infosec.exchange 6 min. 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.

@davidgerard@circumstances.run 5 min. ago

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

@exchgr@mastodon.world 6 min. ago

@davidgerard i love it when matt levine weighs in. always a great sign

@davidgerard@circumstances.run 7 min. ago

here's Ed Zitron's broader view of the coming crash. it's gonna suck.

https://www.wheresyoured.at/ai-had-better-work-out/

Ed Zitron's Where's Your Ed At

AI Had Better Work Out

If you liked this piece, you should subscribe to my premium newsletter, and you can subscribe on the following links: $70 a year, $18 a quarter, or $7 a month. In return, you get a weekly premium newsletter that dives deep into the finances of the AI bubble. Over the past few months, I’ve published a two part guide to the world of AI debt, an analysis of the (dubious) impact of generative AI on the global economy, deep analyses of the biggest players in the AI infrastructure space like NVIDIA (

GhostOnTheHalfShell

@GhostOnTheHalfShell@masto.ai 8 min. ago

So we should start saving bottle caps is that what you’re telling us?

@davidgerard@circumstances.run 7 min. ago

@GhostOnTheHalfShell pivot to small rocks and twigs, use masto on your abacus

GhostOnTheHalfShell

@GhostOnTheHalfShell@masto.ai 5 min. ago

The sooner the bubble pops the sinner we can get back to life.

There might be a bit of turmoil between the pop and the getting back to