The Prof G Pod with Scott Galloway

Podbit · The Prof G Pod with Scott Galloway

The Week: How Leverage Broke the AI Trade

Explore episode Aug 7, 2026
Society & Culture
Financial Nihilism: The Social Root of the Leverage Crisis

The Week: How Leverage Broke the AI Trade · Aug 7, 2026 Society & Culture

South Korea's leveraged ETF disaster isn't just a financial story — it's a social one. A 40% decline in marriage rates, a 0.8 fertility rate, and a pervasive loneliness crisis have produced a generation of young people with no long-term stake in the future. Financial nihilism — the belief that only a lottery-ticket bet can deliver security — is the inevitable result.

Where this was said

Sponsor Break: Odoo, Chime, and Quince

At 12:37 · chapter starts 9:15

The episode pauses for its commercial break, featuring three sponsors whose products are framed around financial value and quality. Odoo presents itself as the antidote to the proliferation of disconnected business software — a single platform replacing the 'five apps, twelve browser tabs, and one spreadsheet everyone's afraid to touch' that many small businesses run on, with a free trial at odoo.com/profg. Chime leads on fee-free banking: no overdraft fees, no monthly fees, no minimum balance requirements, 5% cashback on everyday spending, a savings rate nine times the national average, and SpotMe overdraft protection up to $200. Sign-up is at chime.com/profg. Finally, Quince positions itself as affordable luxury: premium organic cotton, Mongolian cashmere, and tailored chinos from $60, with a personal endorsement from Claire, who calls the tank tops a summer staple. The Quince app offers exclusive offers, free shipping, and 365-day returns at quince.com/profg.

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