Aschenbrenner’s AI Fund Collapse Is Just The Beginning artwork
Prof G Markets

Aschenbrenner’s AI Fund Collapse Is Just The Beginning

Aug 4, 2026 · 35 min

Ed Elson is joined by Michael Green to discuss the role that leverage played in the turmoil with Leopold Aschenbrenner’s fund, Situational Awareness, and how leveraged-ETFs are impacting the semiconductor industry. Then, Katie Martin returns to break down why the U.S. intervened to help Japan with the yen and whether the U.S. is actually in a position to prop up the currency. Finally, Ed gives his…