This explains why interest rates are basically going to stay elevated for a prolonged period of time. Too much supply:

too much demand (for capital)

The economy will not be dictated by the MAG7 but rather the DOW493 @edzitron Those 7 companies are unsustainable- they’re not actually necessary to sustain people……. We can live without FB & Data Centers…… we cannot live without Oil, Crops and Commodities….

Fuck this Jeet scammer piece of shit

Venture capitalists and investors like that guy are trying to tie the absurdly ridiculous AI capital expenditures to the US economy. As if Congress can't block China's AI like they do with EVs. Or maybe they ran out of options. Who knows? The rest of us average Americans:

Inccorrect. Too much leverage .

The debt machine keeps growing The U.S. Treasury sold a record $839 billion of dept in a single week.

Heavy issuance keeps duration supply coming, so every rally gets sold into. Watch the long end auction tails, that is where the cushion vanishes.

Nobody predicted this before why do they think they can predict again

the tragic music in the back… 😂

Chamath tells you what has already happened like a year lag lol.. and presents it as a novel finding. His positioning probably tells a different story

You’d think the fed would see this and that the rest of the economy actually needs QE and cuts and this is temporary.

A symptom. Those companies are building on the same infrastructure. To what end? The usecases and their future profitability held out currently just keep them in the game.

Always M2. Always.

How will these companies ever stop spending money? Oh they can just stop anytime they want and become highly profitable once again?

Fiat saving accounts for peasants are fckd

💥🎯🧐☝️👇

He’s a sensationalist, looking to get clicks, engagement and listeners for his podcast. If you think about what he’s saying in a logical way he couldn’t be more incorrect.

You hate trump but you love this guy ? Lmao