@henryfudgeofficial: The US pays 5.21% to borrow for 30 years. The UK pays 5.73%. Cloudflare just borrowed $2.5bn at 0%. Same fortnight. Investors are not mad. They are being paid in something other than cash, and it shows how the AI boom has repriced money for big tech while everyone else pays more. Capped call explained inside. #aibubble #finance #economics #useconomy #macroeconomics

Henry Fudge
Henry Fudge
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Monday 31 August 2026 13:35:44 GMT
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nickhewitt300
nickhewitt300 :
this is the fundamental problem of modern investment, capital, debt and yields. everything relies on everyrhing else not going belly up on average over time. when investments were linked to genuine assets and markets were restricted and regulated the risk was on the investor. now, with everything so closely tied together, these schemes cant be allowed to simply fail as it would bring down pensions, banks, governments and not just the investor. relying on there always being an option to finance your way out of trouble is like taking a second mortgage to cover while you get a better job. eventually a small knock takes out the whole pyramid and governments as the last supporter of a currency has to step in. privatised profit with socalised risk. its costs everyone and whilst the returns generally benefit a majority in a better economy, when the shit hits the fan, its the majority that suffer. our costs slowly rise to protect the investors in the hope that their investment provides more income for us. but money only ever moves one way and that's up out if our pockets
2026-09-01 22:54:53
0
henryfudgeofficial
Henry Fudge :
So I am slightly concerned this will be a new trend, where the bonds being dumped into your pensions may now not only be from crap companies but also be only repaid in call options that may expire worthless on crappy companies
2026-08-31 13:38:43
158
hiiiiiiiiii2398
B :
Another trillion dollars to AI. Definitely won't blow up in everyone's face
2026-08-31 14:18:18
274
hagenauto
Hagen Automation :
Another black hole?! But this one for AI investment that may well make itself out of date within 10 years 😬
2026-09-02 21:02:14
0
hiyasammy
hisammy 🇦🇺 :
Henry always tickles my love of economics and finance
2026-09-02 06:15:33
1
ev.joe
EV Joe :
Isn’t TAM just the potential size of the whole market? Did they specify their SAM within that in the deck?
2026-09-01 05:49:24
1
user24447717981824
Apple User347944 :
The new ring
2026-08-31 13:53:47
57
oxfordstyles
oxfordstyles :
Surely this house of cards can’t persist. Stacking imaginary abstractions on top of each other with real side effects, seem insurmountably dangerous.
2026-08-31 14:25:32
62
the.dark.knight.32
The Dark Knight 33 :
And it caps inflation
2026-09-01 01:45:17
1
neokeynesianclassical
neokeynesianclassical :
Another shit shows in the making… riding it now for massive bubbly gain, out before its exploded
2026-08-31 14:27:13
62
responsiblealcoholic
Ianira :
Trump has promised military intervention in the bond market - he'll make it 0% soon enough 😂
2026-08-31 14:22:34
24
glitchy_k11
glitchy_k :
So its basically a loan where your interest is gambling on a win? To me it seems like the companies may be taking that risker option to stay above their reference point
2026-08-31 14:12:41
17
doomfingerrr
doomfingerrr :
This is insane. Isn’t the figure like…90% of tech companies go out of business? Who would ever look at the 2001 bubble and think writing instruments off any of those companies is a good idea. Yahoo? aol? Netscape? These were also spoken of as durable, billion dollar companies.
2026-09-01 02:45:51
6
plainjoe2020
PlainJoe 🇨🇦 :
It's always been socialism for corporations and billionaires
2026-08-31 16:34:47
6
registeredvoternyc
registeredvoternyc :
Love your content but I’m good listener always. Visual learner here. Would really benefit from more tables/charts/graphs especially when you’re talking calculations. Please and thanks!!! Keep up the great work. 🤣🤣
2026-08-31 22:35:25
6
lorenzoni79
Lorenzoni :
30T revenue is ridiculously 💀💀💀
2026-09-01 15:20:05
2
cbphoto1
CBPhoto1 :
so much what is called finance is gambling with other people's money but with an absurd commission.
2026-09-01 02:23:54
4
sambonjean
Sam Bonjean :
Cloudflare sold 5 year bonds so compraring to 30 year treasury is not a fair comparison especially since the term premium on treasuries is high atm
2026-08-31 13:50:00
7
brianorb
Oblation :
brilliant explanation.
2026-08-31 20:05:57
2
akindewani
Lanky :
Thoroughly interesting. Thanks for your explanation Bro
2026-08-31 19:57:17
2
lgv35
LG V :
Spat my coffee out when I saw that Reuters headline.
2026-08-31 16:31:30
4
julesw1lko
Julesw1lko :
Do they need to say what they are borrowing it for? As that’s some spend.
2026-08-31 15:36:04
2
civilisation1
civilisation1 :
Brilliant video, thank you
2026-08-31 17:03:17
1
dihtsfr
Dihtsfr :
Hey henry id love for you to do a video on Dan Neidle and his opposition to a wealth tax
2026-08-31 21:01:34
2
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