How AI Companies Are Using 2008 Financial Tricks And Why Your Retirement Is At Risk

Описание: The AI boom is being financed with the exact same financial tricks that caused the 2008 crash and your retirement savings are about to be exposed to it. I found a company called CoreWeave that's losing money on every dollar while Wall Street calls it "essential to AI." When I dug deeper, I discovered special purpose vehicles hiding hundreds of billions in debt, circular financing between AI giants, and a shadow banking system that's about to get access to $12 trillion in 401(k) funds.

This isn't hype. Chief economists at Moody's, professors at Yale and MIT, and Federal Reserve researchers are all drawing explicit comparisons to 2008. The difference? This time the US government just opened your retirement account to the risk.

⌚️ TIMESTAMPS
00:00 Introduction: CoreWeave's red flags
01:15 The circular financing problem
02:52 Special Purpose Vehicles hiding AI debt
04:30 How Nvidia, OpenAI, and Microsoft are all funding each other
06:16 The $400 billion vs $60 billion revenue gap
07:27 Private credit: The new shadow banking
08:29 Trump's executive order opening 401(k)s to private credit
10:21 The bull case: Why AI might be different
12:42 What triggers could cause a crash
14:00 Conclusion

🔗 KEY SOURCES & DATA

*Primary Investigation:*
The Atlantic - "Something Ominous in the AI Economy": https://www.theatlantic.com/ideas/arc...

*CoreWeave Financial Analysis:*
Fortune - CoreWeave Earnings & Bubble Fears: https://fortune.com/2025/11/08/corewe...
Kerrisdale Capital Short Report: https://www.kerrisdalecap.com/wp-cont...

*Special Purpose Vehicles & Financial Engineering:*
Paul Kedrosky - SPVs, Credit, and AI Datacenters: https://paulkedrosky.com/weekend-read...
Bloomberg Odd Lots - "AI Is Like Every Bubble All Rolled Into One": https://www.iheart.com/podcast/1308-o...

*Circular Financing:*
Fortune - Nvidia's $100B OpenAI Investment: https://fortune.com/2025/09/28/nvidia...
Tomasz Tunguz - Circular Financing Analysis: https://tomtunguz.com/nvidia_nortel_v...

*Private Credit Risk:*
Federal Reserve - Bank Lending to Private Credit: https://www.federalreserve.gov/econre...
NPR - Private Credit & Financial Crisis Fears: https://www.npr.org/2025/10/30/nx-s1-...

*401(k) Executive Order:*
NBC News - Trump's 401(k) Changes: https://www.nbcnews.com/business/pers...
White House - Executive Order Text: https://www.whitehouse.gov/presidenti...

*Expert Warnings:*
Yale - "This Is How the AI Bubble Bursts": https://insights.som.yale.edu/insight...
Center for Public Enterprise - "Bubble or Nothing" Report: https://publicenterprise.org/report/b...

📊 KEY NUMBERS:

CoreWeave:
$14 billion in debt
$34 billion in lease payments starting 2028
70% revenue from single customer (Microsoft)
Credit default swaps up 75% in 2 months

AI Industry:
$400 billion infrastructure spending in 2025
$60 billion in actual AI revenue
Need $2 trillion annual revenue by 2030
95% of companies getting zero ROI (MIT study)

Private Credit:
$450 billion in tech sector
Banks increased lending to private credit 12x since 2013
Life insurers: $2 trillion (33% of assets) exposed
Trump order opens $12.2 trillion in 401(k)s

Retirement Risk:
Magnificent Seven = 35-37% of S&P 500
Pension funds doubled alternatives allocation (17% → 34%)
75% of S&P 500 returns since ChatGPT from AI stocks

#AIBubble #FinancialCrisis #RetirementPlanning #401k #PrivateCredit #CoreWeave #Nvidia #OpenAI #Economy #Investing