Debt Markets Podcast Summaries

Debt Markets on Yedapo: 2 summarized podcast and YouTube episodes. Each includes key takeaways, core concepts and notable quotes with timestamps.

Big Tech Ran Out Of Ideas — And AI Is The Cover Story — We Had To React
Tom Bilyeu
Jul 14, 2026
The current AI boom mirrors historical infrastructure bubbles where massive capital expenditure outpaces actual revenue. Experts warn that hyperscalers are burning billions on data centers without a clear business model, creating a dangerous accumulation of debt that threatens to destabilize the broader economy once the market stops subsidizing these losses.
Key insight: OpenAI reportedly burned $20.9 billion in 2025, and the industry currently lacks proof that it can improve margins, as costs increase linearly with revenue rather than scaling efficiently.
So... Is Private Equity Collapsing Yet?
How Money Works
Jul 13, 2026
The traditional leveraged buyout model is failing as interest rates remain high and debt-laden portfolios become unsustainable. Firms are increasingly using 'extend and pretend' tactics, such as continuation vehicles and NAV loans, to hide losses. The industry is shifting from strip-mining local businesses to becoming a gated, private index fund for the ultra-wealthy.
Key insight: In a sign of systemic distress, five of the six major private credit funds gated investor withdrawals in Q1 2026, marking the first time these vehicles saw more capital flowing out than in.