GDP shock: Venture Capital's government bailout begins
As GDP contracts, venture capital abandons private markets for government funding, rebranding struggling startups as "strategic assets" to capture Trump's new sovereign wealth fund. A new innovation model emerges where political connections matter more than business fundamentals.
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JPMorgan's $1.5 Trillion Plan and the Financial-Industrial State
JPMorgan's $1.5 trillion 'initiative' reveals American capitalism's quiet transformation: the state no longer builds, it backstops. While taxpayers absorb risk through guarantees and credits, private institutions capture returns. We've built a Financial-Industrial State - and should admit it.