Dalio calls AI the biggest bubble since 1929. Murata says the spending boom is ending

AI focused hedge fund Situational Awareness already blew up from leverage this week.
Oracle stock cratered as debt for data centers piled up.
Semiconductor indexes lost trillions in July before a partial rebound.

Ray Dalio (Bridgewater founder) just confirmed it: AI is the biggest US investment bubble in history. Same pattern as 1929 and 2000. Rising rates + forced selling will prick it. Prices will collapse. Technology survives. Valuations will not. #AIBubble pic.twitter.com/nvs1Rog8Ny

— Mark (@Mark4XX) July 31, 2026

Murata just raised its profit forecast 35% and warned the boom is ending in the same breath.

Murata makes the tiny ceramic capacitors packed inside every AI server. Its factories are running at 95% capacity, and it lifted its operating profit target to a record 380 billion yen.… pic.twitter.com/MswKsyw84I

— Kurt S. Altrichter, CRPS® (@kurtsaltrichter) July 31, 2026

Wall Street is selling lies on AI spending.

https://twitter.com/DefiWimar/status/2083161176125407365

Market liquidity appears to be declining.

The G10 Excess Liquidity Leading Indicator has turned negative for the first time since 2024.

This metric compares the rate of money supply growth across G10 economies with the pace of economic growth.

When the money supply grows… pic.twitter.com/0qrjfm0jjK

— The Kobeissi Letter (@KobeissiLetter) July 31, 2026