Category Archives: Business
Big Tech’s Great Financial Gamble
Where is the AI boom going? Is it taking us to a place of economic and financial nirvana? Or are we on the road to catastrophe? Continue reading
When Capital Hits Physical Limits
What is up with the American political economy and financial markets? Federal government spending’s running at an annual deficit of $1.9 trillion. What’s more, private financial markets are undertaking a capital-intensive technology buildout with only a hypothetical understanding of how it will all be paid for. Continue reading
The Amsterdam of AI
There is a certain breed of politicians operating in American government today that can’t seem to keep their grubby hands out of the fruits of private wealth. They’re unwilling to recognize that new wealth generated by private enterprise benefits everyone. Blind to the bloody lessons of history, and entrenched in politics of envy, they endeavor to confiscate and redistribute that which does not belong to them. Continue reading
Is Everything Contained in the Private Credit Market?
Don’t mind the sudden appearance of restrictive redemption gates or the aggressive marking down of distressed collateral by the big banks behind closed doors. There’s supposedly nothing to see here. Continue reading
