“This is going to be the biggest misallocation of capital in history. Take the dot com bubble, merge it with the 2008 housing crisis, and that is roughly what we are looking at. You have a commodity deflating at record speed while the debt built up to produce it explodes.”
“This is going to be the biggest misallocation of capital in history. Take the dot com bubble, merge it with the 2008 housing crisis, and that is roughly what we are looking at. You have a commodity deflating at record speed while the debt built up to produce it explodes at… pic.twitter.com/MosgXVbGAP”
— George Noble, 16 Sept 2026 · source ↗
This is about AI-related investments.
- Public take
An open-ended take has no deadline and no verdict. It stands as recorded.