He mentions the extreme market concentration in US bigtech but doesn't seem to specify some causal chain that could precipitate a financial crisis as a result. The link to private credit has been examined in some depth (I believe it was FT's Alphaville) and was not deemed sizeable enough to become a systemic risk.
One scenario that could bring the house of cards down is changing political winds. Bigtech enjoys total monopoly valuations. Outside the US this status may not persist forever
Open Risk
npub1du…d7dew
2026-03-25 11:58:03 UTC
in reply to nevent1q…y73e
Author Public Key
npub1durvj5v9hv5w9kl463eed6cz3yfgekjd4wz38hrrvfen5ygm6nhq4d7dewSeen on
wss://relay.momostr.pinkPublished at
2026-03-25 11:58:03 UTCEvent JSON
{
"id": "4e24b5550287adf73b9bb895f7b837aa19a56086bc11d856322abe64f8e28141",
"pubkey": "6f06c95185bb28e2dbf5d47396eb0289128cda4dab8513dc6362733a111bd4ee",
"created_at": 1774439883,
"kind": 1,
"tags": [
[
"proxy",
"https://mastodon.social/@openrisk/116289692210003964",
"web"
],
[
"p",
"b8fcf3fa16a90df5527b31715505e245a962248ce8e86cdbf914151bcb9998fc"
],
[
"e",
"6b19c2c37d8c19588c978a22df4ae04923b4ae1c0d4d0b7c14d1570761bdbde2",
"",
"root",
"b8fcf3fa16a90df5527b31715505e245a962248ce8e86cdbf914151bcb9998fc"
],
[
"proxy",
"https://mastodon.social/users/openrisk/statuses/116289692210003964",
"activitypub"
],
[
"L",
"pink.momostr"
],
[
"l",
"pink.momostr.activitypub:https://mastodon.social/users/openrisk/statuses/116289692210003964",
"pink.momostr"
],
[
"-"
]
],
"content": "He mentions the extreme market concentration in US bigtech but doesn't seem to specify some causal chain that could precipitate a financial crisis as a result. The link to private credit has been examined in some depth (I believe it was FT's Alphaville) and was not deemed sizeable enough to become a systemic risk.\n\nOne scenario that could bring the house of cards down is changing political winds. Bigtech enjoys total monopoly valuations. Outside the US this status may not persist forever",
"sig": "54b1231b6212973023ea8cbe7b349b530252043c5acc9b8b67e5bfe4d8f1dbaab67cbb905dd13467b9f3df742a38264a3a5d02bf1d72a51365db5deaca1296e5"
}