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It would appear Nvidia is literally doing an Enron.
Specifically, it has reinvented the Chewco Maneuver:
Create fake "third parties" to absorb unwanted liabilities, fund with your own capital to prime the pump, then get rubes (retirement funds) to eat the risk.
🚨Michael Burry just said Elon Musk and Nvidia's deal is built on fake numbers.
Burry published a detailed breakdown calling the entire structure "Fugazi", his word for fake.
He is alleging that billions of dollars in Nvidia chips are being hidden off balance sheets, and that
