Patrick Boyle On Finance
Episodes
Why Germany Stopped Working
Patrick Boyle examines why Germany’s new €500 billion infrastructure fund is failing to move, attributing the stagnation to deep-seated bureaucratic…
The Social Reckoning That Wasn't
Patrick Boyle analyzes Meta's $18 billion settlement with 52 state attorneys general, arguing it functions as a regulatory sales tool that forces…
Scott Bessent Is at War With Prices — and Prices Are Winning!
Patrick Boyle analyzes Treasury Secretary Scott Bessent’s controversial attempt to suppress bond yields through aggressive buybacks, a move criticized by mentor Stanley Druckenmiller.
How Much Would an AI Crash Destroy?
Patrick Boyle examines the systemic risks of the AI investment boom, noting how memory chip stocks recently drove a disproportionate share of global market returns.
The Hidden Risk in the US-Japan Yen Rescue
Patrick Boyle analyzes Treasury Secretary Scott Bessent’s unprecedented intervention to support the Japanese yen, revealing it was funded by selling euros rather than dollars.
Does Leopold Have Situational Awareness?
Patrick Boyle analyzes the collapse of Leopold Aschenbrenner’s Situational Awareness fund, which lost two-thirds of its $45 billion value due to excessive leverage on a concentrated AI bet.
Big Tech's Hidden Debt Problem
Patrick Boyle analyzes the massive capital raise by Big Tech for AI, highlighting record debt and equity issuance.
Where is Venezuela’s oil money?
Patrick Boyle analyzes the legal and political chaos surrounding Venezuela’s assets, detailing how $13 billion in oil revenues are held offshore to avoid US creditors and terrorism judgments.
Where is Venezuela’s oil money?
This episode analyzes South Korea’s volatile stock market, driven by retail investors dubbed "ants" who fueled a surge in chip giants Samsung and SK Hynix via leveraged ETFs.
The World's Best Stock Market Is Also Crashing!
Patrick Boyle analyzes South Korea’s paradoxical stock market, which simultaneously leads global gains and suffers extreme volatility.
Is Russia Actually Losing?
Patrick Boyle analyzes Russia’s structural exhaustion in July 2026, detailing severe fuel shortages, economic contraction, and heavy reliance on Chinese imports as the war drags on.
The Real Reason European Cars Can't Compete
Patrick Boyle analyzes the crisis facing European automakers like Volkswagen, attributing their struggles to China’s dominance in EV production and…
Brexit, 10 Years On: What It Actually Cost Britain
Patrick Boyle analyzes the decade-long fallout of Brexit, linking Keir Starmer’s resignation to Britain’s political instability and economic stagnation.
How to Lose a Global AI Monopoly in One Afternoon
Patrick Boyle analyzes the US government’s sudden shutdown of Anthropic’s AI models, triggered by export control concerns raised by Amazon CEO Andy Jassy.
What SpaceX, Anthropic and OpenAI’s IPOs mean for investors
Patrick Boyle analyzes the end of the two-decade era of shrinking US stock supply, driven by a surge in IPOs as tech giants pivot to capital-intensive AI infrastructure.
When a Housing Boom Turns to Bust
Patrick Boyle analyzes New Zealand’s housing crash as a cautionary tale for economies treating homes as leveraged investments rather than shelter.
This Is Probably Fine!
Patrick Boyle analyzes surging global bond yields driven by geopolitical tensions, inflation, and massive government debt, noting that the era of cheap money has ended.
The Most Unprofitable IPO in Wall Street History
Patrick Boyle analyzes SpaceX’s unconventional IPO prospectus, highlighting its pivot to an AI-focused narrative despite massive losses and heavy reliance on Starlink profits.
What Trump's China Visit Actually Achieved.
Patrick Boyle analyzes the Trump-Xi summit, arguing that US-China trade tensions stem from structural accounting imbalances rather than politics.
The Dumbest Takeover Bid
Patrick Boyle analyzes GameStop’s absurd $55.
The Unanchored Central Banker: Manoj Pradhan on Inflation, Demographics, and Why AI Won't Save Us
Patrick Boyle interviews Manoj Prada about their new book, The Unanchored Central Banker, which argues that aging demographics will drive persistent inflation and rising real interest rates.
Is Inflation About to Get Much Worse?
Patrick Boyle analyzes why consumer sentiment is at a 74-year low despite stock market highs, arguing that the Middle East conflict merely exposed deeper structural inflation drivers.
Energy Markets are on the Verge of a Disaster
Patrick Boyle contrasts the S&P 500’s record highs with the severe physical disruption in the Strait of Hormuz, where Iranian blockades and US naval actions have crippled shipping.
The Bizarre World of Prediction Markets
Patrick Boyle critiques prediction markets like Polymarket and Kalshi, arguing they are rebranded gambling rather than "truth machines.
How Did the Metaverse Fail So Badly?
This episode critiques Mark Zuckerberg’s failed metaverse bet, detailing how Meta squandered $88 billion on a virtual world that users rejected.