It should be damn obvious that the current blistering AI bubble is setting up Wall Street, the US economy and Trump-O-Nomics for a thundering bust. The AI frenzy has now gotten so out of kilter that fully $140 billion or 76% of the $184 billion gain in real GDP during the first half of 2025 was accounted for by feverishly surging investments in AI-oriented GPUs, network gear, server farms and data centers. Moreover, this AI investment surge, which is expected to annualize to more than $425 billion in 2025, has been on a literally explosive growth trajectory. According to Grok 3, the comparable annual AI … Continue reading
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