obv8.bsky.social

Will Anthropic's IPO be the wrench in the Ponzi-Go-Round that brings it to a stop? Will all that money, unaudited revenue, spinning around halt? When the music stops which cos will be caught holding worthless IOUs? The Anthropic IPO seemingly has more rules than Chinese Algebra. Feelin' Lucky?

People should review the Railroad Market panic of 1873. It has a lot of similarities to the current AI market. Unbridled exuberance, back then, over Railroad expansion. Bonds sold wildly for infra that 'could' exist. Jay Cook made $$$ bank . Than the HUGE crash... www.youtube.com/watch?v=-rrn...

IF Geppetto in the Pinocchio story was a GOPedo, imagine where he'd have splinters. Would HE vote for Vivek Ramaswamy, as well? Both prickly topics...

Is all this AI Sturm und Drang really just a cover for making a huge number of GPUs (graphic processing units), Data Centers (DCs) & Storage for Porn?

Is the AI Financial Ponzi-Go-Round grinding to a halt? Anthropic is positioning for an IPO, but it just posted an $80B Net LOSS (draft S-1 IPO prosp). A lot of unaudited financial instruments fueling Anthropic (and others). Feel like filling their $$$ fin holes with your money? NOT a free ride...

US Legislators should require that AI Developers include the Rule of Law in their Large Language Models (LLM). Make any agent request review whether any response breaks, or may break, the law. Including a moral code would be advisable, but may be outside legislators skill sets. Make AI Law Abiding.

IF you're planning to invite MAGAts to your Midterm voting party, folding chairs are on sale at Menards. They ARE WWE approved and come in two macho colors. IF a Smackdown breaks out you'll be prepared. You could also bring back 'hidden objects' like old school wrastling. Sick make-up optional..

Neocloud companies like Coreweave are evidently GPUaaS (GPU as a Service) providers. Cell companies call them aggregators or middlemen. Currently they are buying & selling resources that may or may NOT be available. Borrowing big to fund it. More expensive AI vaporware? AI-Lusionary? Ponzilicious?

How will the AI market end up? This Prof G podcast compares it to the 1873 Railroad Boom/Bust. Railroad over expansion combined with excess borrowing/speculation led to economic catastrophes, Secret bond issuance too. It's eerily similar. History repeats/rhymes... www.youtube.com/watch?v=dlkE...

Is anyone else expecting that Meta Muse will be the agent that other agents make fun of? How will people prevent the misuse of tokens with agents gossiping? Ultimately, will Muse be the first agent to claim disability, or end up in therapy? Know Kalshi will set up markets for Grok to bet on it...

Are the Hyperscalers running out of steam? Stress on Cash Flows & limited Productivity gains. DC builds can't float on a glide path without continued cash $$$ infusions. And where WILL the electricity come from FOR all these builds? Need $4.2T revenue in the coming 5 years. Downturn imminent?

Can someone give Trump a FIFA SUPER Peace Prize to calm him down. Make it, say, as tall as Trump (6 ft 3 in?) He might be too far into his Dementia at this point, but awarding a big gold bobble couldn't hurt. Distracting him is always a good choice until he's fully in the Mitch McConnell Zone...

Here's Ted Nugent playing guitar on the street in Austin TX? Busking you ask? They say NO, but he looks pretty ragged. A has-been MAGA hoedown? Where's Kid Rock to make a GOPedo concerto? But they haven't been convicted (yet)... www.youtube.com/shorts/BNMnY...

What happens if the K shaped economy becomes a λ (lambda) shaped stock market? IS this already happening? Treasury yields are rising, but AI companies are spending like drunken sailors. Bellwether Oracle's credit rating is BBB- (a step above junk). Will take a LOT to grow out of this. OR Bubble pop?

Isn't AI an average of what's posted on the Internet (including falsehoods)? Isn't the LLM data an amalgamation of what the AI agents CAN reach? Logic & deductions can be made (very fast) BUT is it Intelligence? Pay to make dumb people a little less dumb? Big lurch sideways vs giant leap forward?

Shades of Enron? AI companies ARE using Special Purpose Vehicles (SPV) to hide heavy spending off the books. Bajillions are being loaned & spent, but aren't on the balance sheets. This drove Arthur Anderson into BankTrumptsy as auditors, too. Why isn't the SEC investigating this Ponzi-Go-Round?

Interested to find out if Quantumscape (QS) Solid State Battery (SSB) mfg is actively working within Honda's Sakura SSB R&D facility. QS signed a multi-year partnership agreement with Honda. QS partner VW's new Ontario SSB plant build out has been delayed until 2029. VW has had some $$$ cutbacks...

Waiting for the 'October Surprise' before the '26 Midterm Election. What scurrilous thing(s) will the Reichpublican's unleash? Secretly, I'm hoping the surprise will be Mitch McConnell jumping out of his wheelchair & starts doing the dance like the Six Flags guy- www.youtube.com/watch?v=WGV8...

Remember Garbage Pail Kids ('85)? Well, they're back in the New Millennium as, IMPEACHABLES. All your favorites, trashy & low brow as ever. Dementia Don, War Poodle Petey, Hillbilly Vance, Janine 'Box of Wine', Natalie Printer, Howard Nutlick & many more. Nostalgia while MAGAts ruin your country...

As expected, the FED's 'new' PCE calculation method shows lower inflation & stable spending. Just exclude food/energy prices & everything looks great. So, other than your children starving and you can't afford gas things are good aren't they? The sun'll come out tomorrow. Bet your bottom dollar...

Paramount seems to be helping out comedians everywhere by hiring a Co-CEO that used to run a toy company (Mattel). Will Ellison make his 'Barbie Dream Company' a success? Will Margot Robbie/ Ryan Gosling be on Paramount's board soon? Seems Life in plastic, it's Fantastic for Mr. Potato Head (Jr).

If you provide personal information to Muse AI get ready to be cleaned out. If you're bothered by having too much money or privacy Muse WILL solve both. MetaMuseALL flushes your privacy & relieves those bloated bank accounts. Muse hacked or a programmed Muse ploy? Either way Zuck will thank you...

Anyone else wondering how much AI spending is 'off book' debt? Been observing the circular financing. But do ALL the 'company bonds' appear on [audited] balance sheets? Enron style financing, but on a massive scale? Shell company shell game? Ask Arthur Anderson... www.youtube.com/watch?v=e5qC...

Good old Oracle's credit rating is BBB- (one step above junk). Looks extremely over leveraged. They're tied up in a big deal with Blue Owl over, a Data Center build. They're on a creaky $$$ dock waiting for the AI ship to come in. Is a financial Nor'easter on the horizon? Who's windward of Oracle?

Treasury sales not going well. The US5Y TNote auction had increased yields too (5.033%). This adds to Bessent's frail attempt to effect interest rates by buying US20-30Y Bonds with US2Y funds. Rates are going up NOT down. Can Warsh defy Trump's demand for rate CUTS? www.youtube.com/watch?v=uqrj...

Is Trump aware that he is losing face with Xi Jinping & China with his juvenile gambit blocking the US free press from the WH? It is evidence that he's clearly NOT in control. Xi's people can leverage this propaganda worldwide. Trumps delusions are dissolving. Flying ketchup forthcoming?

Is this an indication of a trend for the '26 Midterm Elections? Trump is polling below the 'Bush' line (sub 30% approval). Reichpublican's are dredging up GW Bush himself for fundraising (credit to Sarah Longwell for IDing the Bush Line). Grasping at any straw to keep from drowning. Got Stupid?

Looking forward to the new Infowars, since The Onion took it over. Will they continue to promote some kind of scam supplements ala Alex Jones? My suggestion will be Meta-Muse-All. The AI supplement that helps clean you out. Loaded with [DC} fiber it will keep you regular until the AI take over...

AI Meta Muse for All? It's high in fiber (in the DC) and comes with Orange flavor. Don't be afraid it's NOT related to Mango Mussolini, but he does promote it. Meta-Muse-All will keep your family 'regular' until IT overtakes & destroys humanity. It's the ultimate clean out for ALL your AI needs...

Saw an article on tokenizing stocks, putting stock trading on a blockchain. Technically, it appears safe. What's the rub? Trading fees & Network 'Gas' Fees. The cost per Token could add up & affect the trading itself. Every transaction 'Token' will have compute & electric cost. Who pays that?

Countdown for the long rambling angry tweet on [UN]Truth Social, after the announced 1/4 Pt interest rate increase. Check the rage meter on Demented Don? Is there a tranq dart available to counter the Savage Sundown Sauce they're been pumping into his dementia infusions? And where can Warsh hide?

Steve Forbes stumbled out of his lair to TELL the Fed NOT to raise interest rates. IS dementia contagious? Guess Forbes doesn't believe in Inflation, just a 'stable dollar'. Views of the uber rich & self serving. He on the same Savage Sundown Sauce (meth?) as Trump? www.youtube.com/watch?v=9oDC...

A first shot in the AI Age? Oracle sent out layoff notices yesterday. Oracle spent $90-95M on AI infra and yesterday sent out immediate firing notices to upward of 30,000 employees. New AI Agent Managers could not be reached for comment. Mgrs have guided ex Emps to [New] Skynet Employment Agency...

SO, they want to slow AI's phrenetic advance. Slow incremental versions & DC builds. Go from running amok to, say, walking amok? What will happen if logic & reasoning catches up? Safer code, better infra planning? Absurd. Can't generate ROI for the $$$ spent. But will the Ponzi-Go-Round break down?

Can't be sure, but is Japan keeping China from doing a rug pull with Treasury Bonds? IF both cashed out of US Treasuries would it create a panic in the US Economy? China alone likely wouldn't cause a cascade, but both? Bessent fiddling with Bond buybacks doesn't help. We NEED US adults involved...

You have to wonder what happens to the Ponzi-go-round if AI gets slowed down. They claim they don't need NO stinking rules & safety regs. The music doesn't stop, but will the Economic Kiting keep money flowing round & round? It will be harder for AI cos to claim legit ROI off the same dollar...

Here's a really good visual of $40T of US Debt. Stacey Vaneck Smith @ Bloomberg Bus-week made a graphic. Laying US $1 Dollars end to end, $40T of Debt reaches past Pluto. That's the WRONG kind of boldly going we need to DO. Beam legislators to another planet (Uranus?) & tighten our [Kuiper] belts.

Trump forcing America to 'break up with' Canada isn't going as planned. Canada is NOT complying, but is making deals with other countries for it's goods. They are 'dating' others, like China, UAE, Indonesia & making new deals. Is Trumps next move becoming a stalker, or is that happening already?

BTC appears to be limiting it's wilder gyrations. Not sure that makes it an investable value. It remains barely above the cost of mining 1 BTC (at nominal electric rates). Whale investors can probably still whipsaw the price if inspired, especially foreign ones. MSTR is still at .90 on the dollar.

Warsh's cadre is using 'Trimmed Mean' calculations for CPI. The top & bottom 8% of the CPI data is removed. So, 84% of the truth. When you aren't ready to deliver accurate (possibly bad) info, alter how you calculate the charts. Just put your finger on the scale, viola, not so bad...

56 days until the '26 Midterms. Americans keep encouraging the DEMs, and step back from Trump's continued deterioration into dementia. Americans must VOTE to kick this madman, and his minions, to the curb. It's is a major turning point. Reichpublicans won't stop him but we CAN. Dementia Apace.

Isn't the US an 'occupier' in Venezuela(VZ)? We came in militarily and kidnapped their leader. True, he's a bad guy, but how much worse than what we did? Now, Trump is negotiating for oil rights, on Chevron's dime. Question is- How soon before VZ builds it's military AND throws the US out (again)?

MAGA has discovered a new wonder drug, TurpitudinALL. It doesn't cure Measles or Covid, but it does remove the pesky moral dilemma's for GOPerv's & GOPedo's. It's really just Vodka & RedBull, but it provides the permission to BE a self serving Reichpublican. Turpitude without the guilt, for ALL...

Where will Trump's offered 'mystery meat' come from? Trump doesn't appear to have any in's with Brazil. Venezuela isn't in a position to export. So, let's guess it's coming from Argentina. Hillbilly Vance's daddy, Peter Thiel, moved there. Is Peter pulling strings to for his flailing fledgling?

Can't tell. Is BTC the Signal or the Noise? MSTR as a meter is still only at .87 asset value even after the bump to ~$80k/coin. BTC buyers seemed to like Bessent fiddling with Treasury buybacks & the Yen. Others see this as a ploy. Is there a Fin index showing where bigger fools fling their money?

Mango Mussolini is bringing back Festivus. Trump is hosting the 'Airing of the Grievances' for the Reichpublicans. Not like he isn't his crotchety self regularly. Did they add RedBull to his dementia meds? And you thought the pole on the WH lawn was a flagpole... www.youtube.com/watch?v=1l8E...

Clown Stephen Miran just leaked the 'plan' to cook the Inflation calculations on CNBC. He & lackey Warsh are going to present new lower inflation #s, because blah, blah, blah. Viola, 2 + 2= 2. Sleight of Economics falsehoods leave peoples pockets empty while 'telling' them they're succeeding...

Found out a less than fun fact. Of the 15 locks across the chain of Great Lakes between US & Canada, Canada OWNS & operates 13 of them. The 2 we own are in the middle. IF Canada felt vindictive they could create an 'accidental/oops' choking off of our shipping. Trump should TACO on Canada tariffs.

Will Mr. Warsh try to fiddle with the inflation stats right away? Using 'trimmed mean' the uglier big numbers can be cut off, making inflation 'look' better. Warsh is in a pinch between reality & decree of his master. Trump demands lower interest rates, but the economic math doesn't support it...

Where will the mystery Beff Trump is touting going to come from. Argentina isn't a big exporter. We're on the outs with Brazil & already exempted. So, WILL it be Beff, synthetic meat-like substance, from Fantasiastan? Ironically, Cheer's foreshadowed this circa '85... www.youtube.com/watch?v=fyle...