Embracing Your Inner Weeboo With Elemental Story World (PGT)
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Elemental Story World (PGT) as Bitget Initial Listing
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Nomura warns: Current AI credit risk bears a striking resemblance to the internet bubble and pre-Lehman crisis, everything depends on oil prices
Nomura is constructing a "Ten-Year Credit Cycle" framework, characterizing the current AI technology and French sovereign credit turmoil as the "second wave of shocks"—historically, the "third wave of shocks," which triggers a recession, erupts about 1-2 years after this stage. The core variable is oil prices: if price increases are driven by overheated demand, the Federal Reserve will face a stagflation dilemma, unable to cut rates, making a crisis escalation almost inevitable; if the main factor is geopolitics, there remains room for policy maneuvering.

Loss of $80.7 billion in half a year, a $750 billion computing power gamble—why is Anthropic's bankruptcy probability priced at only 17%?
Arguments supporting a low probability of bankruptcy include: revenue growth remains robust; strategic investors such as Google and Amazon are strongly motivated to maintain company operations; the IPO itself will provide a new channel for capital replenishment; and the majority of the $80.7 billion net loss consists of non-cash items, which do not create immediate cash pressure.
