# Junk Bonds on The No Agenda Show

Junk Bonds comes up in 4 chapters across 4 episodes of The No Agenda Show, from September 2008 to October 2026.

- **Chapters:** 4
- **Episodes:** 4
- **Discussed:** September 2008 – October 2026
- **Related topics:** [Beppe Grillo](https://search.noagendashow.net/topic/beppe-grillo.md), [Cgi](https://search.noagendashow.net/topic/cgi.md), [Derivatives](https://search.noagendashow.net/topic/derivatives.md), [Five Star Movement](https://search.noagendashow.net/topic/five-star-movement.md), [Gpus](https://search.noagendashow.net/topic/gpus.md), [Italy](https://search.noagendashow.net/topic/italy.md), [Mario Draghi](https://search.noagendashow.net/topic/mario-draghi.md), [Michael Jackson](https://search.noagendashow.net/topic/michael-jackson.md), [Microsoft](https://search.noagendashow.net/topic/microsoft.md), [Netflix](https://search.noagendashow.net/topic/netflix.md)

## Chapters 1–4 of 4

### Core Weave Debt Crisis and AI Infrastructure Volatility

- **Episode:** [1913: Meat Muck](https://search.noagendashow.net/episode/1913-meat-muck.md)
- **Published:** 2026-10-18
- **Time:** 1:39:18–1:43:24
- **Transcript:** https://search.noagendashow.net/episode/1913-meat-muck/chapter/core-weave-debt-crisis-and-ai-infrastructure-volatility.md

Tech markets are reacting to news that AI infrastructure provider Core Weave's debt has reached distressed levels, with bond yields exceeding 15%. The company, which leases GPUs to giants like Microsoft and Meta, is struggling with high leverage in a volatile credit market. Analysts warn that if the "AI trade" falters, "neocloud" companies like Core Weave will be the first to collapse under their massive debt loads.

Keywords: core weave, [nvidia](https://search.noagendashow.net/topic/nvidia.md), [microsoft](https://search.noagendashow.net/topic/microsoft.md), [junk bonds](https://search.noagendashow.net/topic/junk-bonds.md), [gpus](https://search.noagendashow.net/topic/gpus.md), [silicon valley](https://search.noagendashow.net/topic/silicon-valley.md)

### Netflix Content Budget and The Irishman Production Costs

- **Episode:** [1216: Rando](https://search.noagendashow.net/episode/1216-rando.md)
- **Published:** 2020-02-16
- **Time:** 7:57–9:36
- **Transcript:** https://search.noagendashow.net/episode/1216-rando/chapter/netflix-content-budget-and-the-irishman-production-costs.md

Netflix reportedly spent $190 million on the production of The Irishman, with a significant portion of the budget allocated to de-aging CGI. The company's financial strategy is examined, noting a total debt of $14 billion and a projected 2020 content budget of $15 billion funded through junk bonds.

Keywords: [netflix](https://search.noagendashow.net/topic/netflix.md), [the irishman](https://search.noagendashow.net/topic/the-irishman.md), [cgi](https://search.noagendashow.net/topic/cgi.md), content budget, [junk bonds](https://search.noagendashow.net/topic/junk-bonds.md)

### Italian Populist Government and EU Financial Stability

- **Episode:** [1039: Bot Cops](https://search.noagendashow.net/episode/1039-bot-cops.md)
- **Published:** 2018-06-04
- **Time:** 1:41:56–1:45:57
- **Transcript:** https://search.noagendashow.net/episode/1039-bot-cops/chapter/italian-populist-government-and-eu-financial-stability.md

Italy has formed a new coalition government led by the Five Star Movement and right-wing parties, creating the first "Trump-like" populist administration in a major European economy. Financial markets remain wary of the new government's plans for a flat tax and pension reform, which could lead to a downgrade of Italian debt to "junk" status.

Keywords: [italy](https://search.noagendashow.net/topic/italy.md), [five star movement](https://search.noagendashow.net/topic/five-star-movement.md), [beppe grillo](https://search.noagendashow.net/topic/beppe-grillo.md), [mario draghi](https://search.noagendashow.net/topic/mario-draghi.md), [junk bonds](https://search.noagendashow.net/topic/junk-bonds.md)

### Nick Leeson, Michael Milken, and Michael Jackson

- **Episode:** [48: How to Survive the Economic Collapse](https://search.noagendashow.net/episode/48-how-to-survive-the-economic-collapse.md)
- **Published:** 2008-09-21
- **Time:** 50:40–53:04
- **Transcript:** https://search.noagendashow.net/episode/48-how-to-survive-the-economic-collapse/chapter/nick-leeson-michael-milken-and-michael-jackson.md

Nick Leeson, the trader who collapsed Barings Bank, is compared to modern financiers who avoid jail time despite causing much larger losses. Michael Milken's history with junk bonds and his unusual 1993 partnership with Michael Jackson to form an educational television network is recalled. The discussion questions who will ultimately pay for the massive debt the U.S. owes the rest of the world.

Keywords: nick leeson, michael milken, [michael jackson](https://search.noagendashow.net/topic/michael-jackson.md), [junk bonds](https://search.noagendashow.net/topic/junk-bonds.md), [derivatives](https://search.noagendashow.net/topic/derivatives.md), barings bank

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