Junk bond rating close at hand for Oracle. To paper this over, the credit agencies may be a day late and dollar short on the downgrade. If it came would force every single passive index fund to puke the paper all at once (see yesterday’s post on passive index funds).
Junk bond market in general has already melted down. Turn out the lights.
Regardless market is starting to say Project Jupiter won’t happen stranding $1 trillion Openai deliverables. There will be no Openai IPO at least at levels that they need.
Bahahahaha Anthropic is a total dog of a company. Spent $12.6bn to make $4.6bn in revenue in 2025, $7.33bn of which was compute costs. Operating loss of $8bn. Losses getting worse. Weird that Reuters doesn’t have the 2026 numbers from the prospectushttps://t.co/eWnHlfpCgF https://t.co/xZBY54VpoZ pic.twitter.com/kyLTeYf3uS
— Ed Zitron (@edzitron) September 29, 2026
Ponzi finance: Leaked Anthropic IPO prospectus shows $42BN Net Loss, $518BN in unfunded spending commitments. IPO is DOA.
Grok adds color:
Finally the financial media is reporting aspects of the reality. The IRR doesn’t support trillions in borrowing and inflated equity issuance.
The global AI industry needs to earn $6 trillion in annual revenue by 2031 to justify the capital being deployed to build data centers around the world, according to a Bain report https://t.co/svEcTOipBi
— Bloomberg (@business) September 29, 2026
Ponzi scheme plus Petabyte nightmare:
US Government SWARMED BY OpenAI Agents As ‘Tens Of Thousands’ Incidents Revealed
youtube.com/watch?v=q-gkdk4Pp_Y
(sorry Russ for double posting but this is an amazing report) Thank you.
Working your whole life and handing financial sovereignty over to these tribal clowns is a huge mistake most Americans have been funneled into via regulatory capture.
I think that all the “rouge AI” escaping stories are just publicity stunts to scare the sheep into bleating for the government to give monopoly control of the AI market to the tech bros. Why didn’t Anthropic, OpenAI, et al try air gapped networks for their tests? They know that they are going to collapse financially. The game is now positioning for a bail out ala 2008 style (to which we will pay for one way or another), then the government will waltz in to take partial or majority ownership of said industry via our Federal Reserve debt masters. Next comes tokenized everything. Then CBDC followed by helicopter money. Surveillance, sorted and correlated by AI for precrime reasons, all to make people safer (but never free), for the sake of the children ofc. Prison cage door closes on the population. 15-minute cities everywhere not too long after that. Before long the oligarchy will state publicly that they should not be paying for an unproductive population that doesn’t contribute (though THEY created this situation just for this reason imho) and therefore they must liquidate the unproductive members. It will start will the homeless, the mentally ill, then the elderly without family, then the rest of the elderly and finally us. Ironically the criminal classes will mostly be left alone, as they will be part of the fear mechanism that persuades you to go along with the mandates and beg for more. Besides, from what I understand the reason why sharks don’t eat lawyers is professional courtesy, so the same must be true with criminals and government, no?
For the life of me, I do not understand why these people did not consider using local models, and perhaps non weighted for the most part like the ChiCom models? I would say just for the reasons listed above in the first paragraph! This is so transparent because the techbro class is so unimpressively disingenuous. This is the main reason the sheep are starting to wake up (sans the boomers, but their generation is on the way out, going to the place that all the old go to after Florida).
The OG technocrat class would have adjusted their plans to prevent a mass awakening. These techbros are trying to steal what they can, as fast as they can; then hide out in luxury bunkers (with their ill-gotten gains) while the pissed off masses break out the pick forks and tiki torches. The administrative class and other government creatures want to rule of the ashes after everything is finished burning down (courtesy of their corporate sponsors, Congress ofc is the highest paid hookers in all of the land). But hey, until then we get a DSA focus group sponsored and trained (Reddit) LLM version of centralized AI that will probably end up saying the Johnathan Swift’s “A Modest Proposal” is an excellent guide to elite dining. Or it may inform prospective parents that great parenting starts with transing your 5yr old and that letting Jeffry Epstein’s buddies take your 11yr old daughter on a “date” is a good idea or that Linsey Clansey should be Time’s person of the year just to appear to be down with feminism. Gen Z and younger seemingly is letting AI think for them so God only knows what the fall out will be. It’s a tool, like a screwdriver not your damn brain kids. I myself will be praying that either a giant asteroid will appear, or for Jesus’s second coming, whichever happens first.
Brought to you by your friendly neighborhood malcontent.
This is a good comment. It went up at 10:00 pm my time as I was retiring for the night. I wasn’t able to clear it until 7am. Point is that if you don’t post as anonymous I could have whitelisted the comment and it would have gone up on its own without the need for me to curate.
Honestly, I have a log in but I cannot remember for the life of me what it is or what I used.
You should really investigate Over-Unity generation systems and do a write up of them. The careers of those who actually create something can be short. John Bendini and his brother died within days of each other of a heart attack in both cases (John for the sin of actually teaching people how this works for free). It was highly suspect. T. H. Moray would be another one, who created a microwave sized device that produced 50kw in the 1940’s, but he lived (died of old age) and just could not get his unique device patented at all. Then there is Edwin Gray who tried taking his novel cold electric motor design public, had his lab and office raided by DA in LA and then later died mysteriously. Then there is those who research Anti-gravitic systems, their life spans are even shorter. As I have found out, both systems along with any other Tesla type technologies are interconnected through a hyperdimensional substrate (extra dimension). If we had Jetson style cars for example, people would find out that over-unity generation is completely feasible, and cheap for the most part. Open system thermodynamics (or Super system) is the key to understanding this. Energy is pathway dependent; entropy does not have to be. THIS is why it has been occulted for so long.
The trouble with comments like the one above from Anonymous is that they assume the elites are in complete control and that their plans always work. The reality is that they need AI to bring in a one world government, without it they will not be able to control billions of people. And you assume that humanity will accept a cashless tokenized CBDC, but the reality is that as the elites become more overt the backlash against them worldwide will grow. The pending collapse of AI is a good thing, because it is what they will use to take your jobs first, and your freedom and life later. Use the time to stock up on gold and silver, bullets, supplies and get out of debt if you already haven’t.
Remember that psychopathy is inherently self-destructive, and Karmic law is real. I study a lot of history, especially ancient and medieval. The Huns, Mongols, Assyrians, Romans, Aztecs sooner or later every tyrant, conqueror, and dictator gets what is coming to them. Alexander the Great thought he was a God (or the son of one) and within 20 years of his death (which I believe was caused by poison, not fever!) his entire genetic line, the house of Argead, was destroyed, by his own generals. All of Alexander’s children were killed, every single one. Your history teacher forgot to tell you that in school, but what goes around comes around.
The arrogant Zionists are being obliterated by Iran. The whole world is turning against them because of the Gaza genocide. Their time will come, just be patient. The only reason Israel hasn’t already been wiped off the map is because they have the backing of the US and UK, otherwise they would be dust, and their Samson option will not save them. Once the US is no longer able or willing to protect Israel, they are toast. The Zionists will never have their world government, they will fall just like the Ottomans, Huns, Romans, Macedonians, Mongols, Huns, Assyrians and every other people that has tried it. I have a feeling that eventually tne Epstein class will be hunted around the world by Islamic assassination squads, similar to the Nazis after WW2.
I’ve said it before and I will say it again: I reject the idea that the conspirators control everyone and everything. If they did, this website would not exist and everyone reading this would already been enslaved or dead. The fact that this website can exist and we can still post freely on the internet is the proof that the conspirators don’t control everything or have world domination. But they want you to think they control everything and everyone.
What I provided is a worst-case scenario (with heavy sarcasm). The reason being is that this is the best way to figure out a game plan to prevent this from happening. The intrinsic stupidity and blatant opportunism of this new upcoming crop of technocratic oligarchs is exactly why people a waking from their slumber.
Unfortunately, my observation of modern populaces is while the individual is clever and can be smart, when placed in large groups the collective IQ drops and as that group densifies it gives rise to lemming like behaviorisms (see Reddit, DSA, BLM etc.) that makes them easier to control.
To address the idea just because we can say whatever on the internet, or why this website exists have you ever stopped to think that why these are tolerated is that simply that we are all being placed on lists much like the one that the US has had so when COG goes live that all dissident voices can be located, rounded up to be liquidated? It’s a naughty (resistance leaders, free thinkers and people who may revolt) or nice (lemmings) list that each person is given a threat score pursuant some matrix that the objectives change each administration? I believe these systems are basically on autopilot after being set up by the OG technocrats. AI kind of acts like a sorting hat for these preexisting lists to give a pop culture analogy. It also makes surveillance super easy and cost effective. Why do you think governments have such a hard on for this technology that offers no tangible public product or lifts humanity collectively because it is so Nerf’d and centralized? We might be given a rope to which to hang ourselves with.
Addressing your assertion that the Islamicists are our salvation from the Zionists is folly. BOTH ideologies are immensely dangerous to any individuals or societies who seek liberty. BOTH are religions of subjugation and control. I would be perfectly fine with the annihilation of these groups from the face of this Earth. Preferably they would be reformed (much like Christianity after the great schism) but I don’t know how viable that would be.
Finally, we move on to addressing your assertion of my education, to which I do admit that it was curtailed quite a bit do to what my guidance counselor stately openly to me and my parents was that “I had an extremely dangerous mind but it was not out malice, but curiosity”. Therefore, I was actively barred from taking all the fun stuff that I really enjoyed such as science and anything doing with engineering that was offered.
Sincerely,
Your Friendly Neighborhood Malcontent
The conspirators are failing, I do not believe this pending AI collapse is a controlled demolition, it is going down simply because it is unworkable and overhyped and they over invested in it. Yes, AI has some uses, but it is not as revolutionary as the automobile or the internet itself. I agree with you that most people are stupid, but most people also don’t like being inconvenienced and a one world government run by handful of trillionaire psychopathic pedophiles is very inconvenient.
Do you remember Covid? It fizzled out within months; do you think that was their plan? It was not, I assure you, it failed because it was stupid and inconvenient and caused too much chaos. Social distancing and vaccine passports are annoying and inconvenient and humans, even the dumb ones, don’t like being annoyed and inconvenienced. As I said, whenever these psychopaths really try to tighten their leash and control things there is a major worldwide Backlash, and Covid was a perfect example. People went along with it at first because they were scared and didn’t know what was going on, but as the weeks and months passed people begin to get tired of it. I lived in the Caribbean at the time, and they tried vaccine passports for about a week and then gave up because of the backlash.
Over the last six years since Covid, there has been hype on the internet about the return of vaccine passports and social distancing, but it hasn’t happened you know why? Because the conspirators know they already played that card and if they try it again there will be a massive global backlash even worse than before.
Regarding Islam, I’m no fan of Muslims, and I agree with you they are a threat especially to Europe immigration wise, but the enemy of my enemy is my friend, and they are just as opposed to Zionists as we are which is a good thing. If they wipe out the Zionists that means we don’t have to, and as long as they stay in their own countries, they are relatively benign. I agree that allowing them to immigrate to the West is a problem. And as far as the government collecting data, of course they do, but think about how much resources it costs to track down and arrest every single person that posts antigovernment/conspiracy posts online, I don’t worry about stuff like that.