Daily Archives: November 19, 2025

I recently wrote Private Credit Winter about the daisy chain of creative accounting and subterfuge in the private credit and private equity (PE) space, and how the tentacles spread through highly leveraged public markets and retirement accounts. The segments below … Continue reading →

AI’s Secret Impact on Your Power Bill.  Electricity bills have been climbing across the US, but the AI boom is making it worse. A lot worse. New data centers are popping up everywhere to handle ChatGPT, Gemini, and countless other … Continue reading →