๐จ SOMETHING VERY BAD IS HAPPENING
The stock market keeps making new all-time highs.
OpenAI and Anthropic are now worth $2.1T.
That is 10% of the entire Nasdaq.
Look at the math:
โ $450B burned per year
โ $50B in actual revenue
The entire AI bull case depends on one assumption:
Inference gets cheaper.
That is how funds justify the math.
Spend massively today, scale later, margins explode when inference costs collapse.
But that assumption is breaking:
- Memory is getting expensive.
- Compute is not getting cheap fast enough.
- Inference is not falling the way everyone modeled.
And if inference does not get dramatically cheaper, the whole AI margin story starts to crack.
The loop is obvious:
โ Big players fund each other
โ Partnerships look perfect on paper
โ Revenue moves around inside the same system
Everyone calls it growth.
I call it the final stage of mania.
In 2000, companies added โ.comโ to the name and valuations exploded:
โ Small profits
โ Massive valuations
โ Perfect stories
Then reality hit.
Nasdaq collapsed 80%.
Now companies add โAIโ to the name and reprice instantly:
โ Small profits
โ Massive valuations
โ Perfect AI stories
This is the dot-com bubble with better AI branding.
And bubbles do not warn you before they break.
They break when everyone thinks the story is untouchable.
Turn notifications on.
The next move wonโt wait for you.
I JUST WANT TO POINT OUT THAT THE MADURO REGIME IS STILL IN CHARGE OF VENEZUELA... THE IRGC REGIME IS STILL IN CHARGE OF IRAN... AND THE EPSTEIN REGIME IS STILL IN CHARGE OF AMERICA ๐คท
My next post will be called:
MAGA CRASH.
The point at which the naked emperor has all of his lies revealed to his acolytes.
And they finally know their place in history.
TERMINAL IDIOCRACY.
๐จ๐ฎ๐ท๐บ๐ธ THE U.S. MILITARY'S GROWING NIGHTMARE: "WHERE DO YOU RELOAD WHEN YOUR BASES ARE GONE?"
U.S. destroyers that used to refit in Bahrain now have to travel to Diego Garcia.
The CIA's intelligence hub in Dubai is destroyed.
The infrastructure the U.S. spent decades building across the Middle East is crumbling in real time.
Larry says you can't fight a war in the region when your logistics chain stretches halfway across the Indian Ocean.
Deep dive with Larry Johnson below