https://youtu.be/CO9_mEmlKrY?si=D4wlDfUvnSkCVmaN&t=528

#BridgewaterAssociates

"....Today, I still think that's largely true and we can get into the subtlety of that, but it is definitely more dangerous now. Everybody is on it. There's a huge resource grab phase. The capital expenditures are going to be at record capital expenditure levels um across the US economy and across the globe." — Greg Jensen (00:08:59)

"You went from Microsoft and Google being huge savers that benefited financial markets because they were doing big buybacks and and building up uh big balance sheets of cash and so on to now they're spending that all and they need to raise money in aggregate in the ecosystem. In fact, by our estimates, in 2027, AI capital needs are going to be larger than all the needs this year in the US corporate bond market. Big deal." — Greg Jensen (00:09:41)