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Tuesday, February 10, 2026

Pivot to Kara and Scott

 
1:09:13 of howlingly, painfully witty current events analytic sanity.
 
PS: I've been remiss. I've now placed a permanent right hand column link to The Pivot. This stuff is just too good. Been a Kara Fanboy for years. This podcast featuring Kara and Scott is just fabulous. I've cited Scott Galloway before.
 
THE BUBBLE  
 
Excess of private unregulated "credit"—recursively, circularly/repeatedly "loaned" between the Big AI players, most of whom are chronically running balance sheet red, staying afloat in part by one stock issuance round after another. Deluded by the prospect of endlessly growing end-user market demand. I sniff tangential aroma wafts of Enron subsidiaries' fake intracompany "sales" that were nothing more than ping-pong flipping phony "trades," carrying the repeated transactions as "revenue." In the current AI circumstance, it’s principally about inflating “market cap valuations.“
 
Yeah, I know, "This Time Is Different." I guess we will see.
 
ERRATUM 
Arlo & Pop today

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