Safety
When does circular financing stop? Similar to a Ponzi Scheme, when cash outflows become greater than inflows. In this last quarter, $NVDA ca…
When does circular financing stop? Similar to a Ponzi Scheme, when cash outflows become greater than inflows. In this last quarter, NVDA cash grew by only ~600, and now ~95% of its operating cash flow
When does circular financing stop? Similar to a Ponzi Scheme, when cash outflows become greater than inflows. In this last quarter, NVDA cash grew by only ~600, and now ~95% of its operating cash flow is absorbed by circular financing vs ~57% one year ago Going to sleep now, enjoy the upcoming granted “beat and raise” usual $NVDA earnings charade. When I wake up I will take a close look at the earnings and if I find anything interesting nobody already posted I am going to share it as I have been doing for the past 4 years. 👋
Source: Gary Marcus (X) | 2026-05-21