Naomi Klein, Ilana Glazer Call for Wealth Taxes and Tech IPO Block
Naomi Klein and Ilana Glazer say billionaire wealth rose 40% in two years, and argue for wealth taxes and a block on major technology IPOs to protect workers and retirees.
Topic
Topic
Naomi Klein and Ilana Glazer say billionaire wealth rose 40% in two years, and argue for wealth taxes and a block on major technology IPOs to protect workers and retirees.
Intel lost over $130bn in value as shares fell 28%, Alphabet shed $500bn-plus, and five tech giants have committed $800bn to AI s…
Andreessen Horowitz's own report shows $192 billion in leveraged tech ETFs and 2.2% household AI adoption — data Brett Arends rea…
TS Lombard's Dario Perkins says the AI crash is coming and sketches a 2028 bust: a 30% S&P 500 drop, $20 trillion in lost wealth…
Gartner says AI data centers need $8.5 trillion in revenue through 2030 but will see at most $3.6 trillion, putting over $4 trill…
Chamath Palihapitiya warns AI firms have a 'revenue quality problem' rooted in VC overdependence, yet crypto traders see little c…
Broadcom booked $68 billion from AI chips since late 2023, yet CEO Hock Tan says many AI investors have 'no clue' and behave like…
Billionaire Paul Tudor Jones warns U.S. stocks face a 'really challenging' 2027 as a 'tsunami' of new equity issuance threatens t…
Ray Dalio says investors should brace for an AI bubble by buying inflation protection and unappreciated AI stocks. 'What you don'…
The RBA's biannual Financial Stability Review says Australian households can ride out higher rates and falling property prices, b…
Bank of England Governor Andrew Bailey warns AI investment could trigger market shocks, saying "not everybody always wins" as Nvi…