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

@davidgerard Brilliant! Tokenize it and let the cryptobros eat all of it!