Posts

Showing posts with the label Billionaires

Jeffrey Epstein, the Russian Mob, & the Hidden Assets of the Maxwells (w/ Moe Tkacik) | The Chris Hedges Report

Image
  Jeffrey Epstein, the Russian Mob, & the Hidden Assets of the Maxwells (w/ Moe Tkacik) | The Chris Hedges Report Chris Hedges The release of the Epstein Files has shocked the public with unimaginable stories of the pedophilia, exploitation of women and brash depravity of the ruling class. While these stories have been the major source of public outrage, a deeper dive into the Epstein Files reveals the inside world of how the billionaire class operates to control information and collude with each other – hide their crimes and gain massive wealth at the expense of the working class. In this episode, Chris Hedges speaks with Maureen Tkacik, an investigative journalist who has studied and written about the Epstein Files for The American Prospect and The Nation . Tkacik exposes the players behind the looting of the Soviet Union after its collapse, the truth about Larry Summers’ abrupt resignation from Harvard, the controversy around the death of the media magnate Robert Maxwell an...

The Gazillion-Dollar Oops

Image
  The Gazillion-Dollar Oops An update Three months ago I wrote about the AI spending binge and called it “The Trillion-Dollar Oops”. It felt cute at the time. The Trillion-Dollar Oops No1 · December 22, 2025 Read full story I owe you an apology. I was being generous. A whole year back, back  all  the way to December, the big five hyperscalers were spending $405 billion a year and I thought that number was already insane. I said it was accelerating. I said No1 knows what anything costs anymore. That these estimates kept getting revised upward so fast that by the time you finished reading the sentence, someone would have revised it again. I thought I was joking. But increasingly this dimension has other ideas with reality. I was being prophetic. The 2025 final tally came in at $443 billion for the top five, up 73% year-on-year. Fine. That’s the world we live in now. But the 2026 projections? CreditSights estimated about $600 billion in November. Then Q4 earnings calls hit a...