Financelot
@FinanceLancelot • 368,209 subscribers
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Yup, it's the top! Brad Gerstner was on CNBC an hour ago shilling AI, when an unexpected question came up. "I did... uh... uh... uh... a presentation about a month ago... our exposures are the lowest they've been in 3 years" Meanwhile, he just sold most of his AI investments 🤥
Financelot409,321 views • 2 days ago
BREAKING: The White House says they are monitoring a plague outbreak in Russia Unlike bubonic plague, pneumonic plague accounts for less that 2% of cases is spread from person to person through the respiratory track. The survival rate is 17% or lower with prompt antibiotic treatment given within 24 hours of first symptoms. The last major pneumonic plague outbreak was Madagascar in August 2017. 5 hospitals have been closed for quarantines in Siberia. A 28-year-old lab technician, died yesterday after breaking a test tube with live Yersinia pestis the Irkutsk Anti-Plague Institute while handling samples. Mask mandates have now been introduced at businesses in Irkutsk.
Financelot744,947 views • 13 days ago
Oh sh!t... Andrei Jikh just went down the rabbit hole. Except it isn't 2028...🤫
Financelot2,846,086 views • 1 month ago
There you go... This entire "AI is going to kill us" was an orchestrated psyop. Dario Amodei was on FacetheNation this morning saying "The government and the public needs to have a stake" in AI and that he wants the entire AI industry regulated. Translation: We need a taxpayer funded bailout but we'll call it an "investment." They want government "regulation" because it means protection from the open source Chinese AI models. As I said, this entire Jacob Coxon media frenzy was an orchestrated psyop to manipulate public opinion into providing a bailout.
Financelot1,882,683 views • 1 month ago
"The Federal Reserve intentionally caused the Great Depression" Milton Friedman 1929
Financelot1,154,506 views • 1 month ago
I have huge respect for FoFty for this very reason. He's one of the few good ones.
Financelot23,885 views • 15 hours ago
Jamie Dimon gave a stark warning to all governments this week when asked about 🇫🇷 France and potential contagion risk. "It's a warning to governments. We can't borrow endlessly and spend endlessly." What's interesting here is he went onto say that this government funding risk will actually feed into corporate debt and corporate credit spreads. We're already seeing this in the AI bubble, as credit default swaps on AI hyper-scalers like Oracle $ORCL continue to blow out to the upside. Remember, back in 2011 when the European Banking Crisis began is was largely a government funding issue in 🇬🇷 Greece and 🇮🇹 Italy. What happened after that was forced austerity by the IMF and ECB, in order to curtail government spending to qualify for the bailout. This rippled directly into the banking system, with a sudden corporate and private credit collapse, which had a dramatic impact on unemployment. 2 years later in 2013, youth unemployment in Greece was higher than 60% and the economy went into a deflationary spiral, which allowed their economic system to reset. Is the same about to happen with the AI private credit bubble in the United States? 🇺🇸
Financelot81,990 views • 4 days ago
