IBM Stock Collapses and It's Only the Beginning
Will GAFAM soon follow and will any executives be arrested for the accounting fraud insiders have long cautioned about?
The elephant in the room today:
With resumption of the de facto Hormuz blockade the price of energy is going back up and supplies of critical materials (helium, rubbery things, plastics; it's not limited to oil and gas) will be more scarce, so the price of all goods will go up. This couldn't happen at a worse time because the US is already very deep in debt, even insolvent by its own admission. It is not limited to public debt. For instance, Google's (Alphabet) debt more than doubled in 6 months (up from $44.195 billion in "2025-09-30" to $95.876 billion in "2026-03-31") and IBM kept faking growth by buying companies and borrowing money to buy companies.
Has IBM's CEO gone too far? Will the CFO be sacked by month's end?
Stay tuned.
What happens to IBM right now can just as well happen to Google or Microsoft any day. They just delay the admissions. █
Image source: Kicks