The financial media loves a good bubble narrative. It gets clicks, it sells fear, and it keeps you glued to their content. But comparing AI to Enron or 2008 is lazy analysis at best and deliberate misdirection at worst.
The same Republicans who ran up a two trillion dollar deficit in a single year are now on your TV telling you they are going to fix the debt. And the financial press is letting them get away with it. I am not.
Wall Street has been using IPO promises to hook investors since before most of you were paying attention to your brokerage statements. The SEC is finally sniffing around, but the damage is already done.
They ran the feel-good CNBC segment. They lined up the Wall Street Journal editorial. They’ve got the anecdotes about teacher bonuses and lower property taxes ready to go. The data center sales campaign is in full swing, and they want you to sit down, smile, and stop asking questions.
Trump wants to hand federal tax incentives to Hollywood studios and the millionaires who run them. The pitch is that it pays for itself tenfold. The reality is that you are picking up the tab for California’s bad decisions.
Someone stood up and told the American public we could hit 20% GDP growth. I pulled the actual data. Twenty-six years of history says otherwise, and the mechanism to get there would destroy your savings.
Private equity has a death grip on over 3,600 American companies right now, and the exit ramp is getting very crowded. This is not capitalism. This is financial strip-mining dressed up in a nice suit.
A 16 billion dollar settlement sounds like accountability until you realize it’s just Meta buying a permission slip to keep the addiction machine running. I called this in 2006, and the playbook hasn’t changed.
Renamed lakes. Cartoon geese. Viral memes. Meanwhile, your government just proved again that it has zero actual intention of fixing a $40 trillion debt crisis. I am calling it out because nobody else will.
They are going to sell you a VAT tax as a fix for the national debt, and most people will not even realize what hit them until the price of everything they buy goes up. I have been watching this play develop for years, and here is exactly how the political class is going to pick your pocket while calling it fiscal responsibility.