Because it has gilt, it can go into markets and source money at gilt equivalent rates not risk venture rates?
Frankly, this just confirms to me it's a bubble close to popping. It's not mcdonnel Douglas being told "price no obstacle" doing space work in the 60s, it's the shipmaker for the south Sea bubble slave trade being told free teak and the first 20 ships are purchased.
There may be measures involved that will prevent another 2008 but it's likely that there needs to be another unexpected blindspot this time.
I'll give you a hint, energy cannot be printed.
We will prop up companies to try to contain some kind of financial contagion (pay no mind that it is also socialist corporate welfare)
That’s more investment than most companies ever see as revenue throughout their entire existence.
FFS, If one cannot make an established , profitable company with $60 Billion of free cash, they are an incompetent at best.
Fuck OpenAI. Fuck OpenAI. Fuck OpenAI.
moosedman•3mo ago
steveBK123•3mo ago
After circular equity investments and then debt in off balance sheet entities, we are speed running to the government handout phase.
bdangubic•3mo ago
mzfbwu•3mo ago