Posts

Showing posts with the label Debt

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...

Trump 2.0 has Already Stolen More Than Every Modern President Combined

Image
Trump 2.0 has Already Stolen More Than Every Modern President Combined     And it's just getting started.   Neoliberal Feudalism Apr 26, 2025   For today’s post I thought it would be a fun idea to look at the networth of modern presidents as they entered the presidency, versus what their networth became after they left office. As a preamble, for clarity for new posters, the angle of this post is   not   from a screeching Orange Man Bad perspective, although the title could be construed as such. The intent should be clearer by the end of the post. Now, the presidency is an   acting role , it is largely toothless; we saw this from 2017-2020 where Trump was unable to accomplish anything of importance between the judiciary, the executive and the congressional branches acting in concert to oppose him. The president’s job is to act on behalf of oligarchical interests to sell scams antithetical to the interests of the public to make the public think the gover...