AI's trillion dollar time bomb

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smitra

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Aug 5, 2024, 8:00:35 AM8/5/24
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https://www.youtube.com/watch?v=dx-tMK7w5g8

This time bomb may now have been triggered prematurely by the collapse
of the Yen carry trade:

https://www.youtube.com/watch?v=w_3H0-iQHMo

AI was pumped by hedge funds due to ample bank reserves:

https://www.youtube.com/watch?v=OXVK_PSMGOg&t=1311s

Part of the money used to pump the stocks of companies like Nvidia came
from cheap loans from Japan. But with the BoJ having hikes rates and the
Yen rapidly rising in value, these loans are no longer cheap, and hedge
funds are scrambling to liquidate their stocks positions to pay back
their loans, which causes the markets to drop and the Yen to rise even
faster.

Saibal
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