David Rutherford Show: Is AI the Next 2008? Economist Breaks Down the $6 Trillion Gamble | Bryce Gill

Everybody's screaming that $40 trillion in debt means it's end-of-the-world time — so I brought back the one economist I trust to separate the signal from the panic. Bryce Gill of First Trust returns to the show, and what he laid out is bigger than the debt: a $6 trillion AI bet that has to 10x its revenue by 2029, or it takes the economy down with it.   What you'll hear: • Bryce breaks down why the Treasury's $4 billion bond buyback is "a marketing scheme" — and why rates snapped right back • Why 3% inflation is the new permanent normal in a post-globalization world • The stat that's never happened in human history: retirees are now America's biggest consumer demographic • The $6 trillion data-center math, line by line • The defense-industrial-base warning: world-class AI targeting, nothing to shoot • Bryce's honest midterm read — and the data-center backlash nobody's pricing in   Bryce Gill is an economist at First Trust Advisors, where he works alongside Brian Wesbury briefing financial advisor teams nationwide. He's a repeat guest and the show's resident straight-shooter on markets and the economy. Follow the show for new episodes weekly, and find Bryce's work at the First Trust Economics blog. ✅ Sponsors: ☕️ Black Rifle Coffee: https://www.blackriflecoffee.com/ 🏫 Get coaching by David Rutherford: https://www.froglogicinstitute.com/ 00:00 — The $6 trillion math02:56 — The most resilient economy nobody trusts (AI capex + retirees now drive the economy)06:03 — "The era of easy everything is over" + the Treasury's $4B buyback12:15 — Inside the new Fed & real inflation: why 3% is the new normal18:20 — Reindustrializing America: "We don't have anything to shoot"25:44 — The $6 trillion math in full: why the AI build-out can't pay for itself30:40 — Midterm bloodbath, the data-center backlash & the 2008 parallelSee omnystudio.com/listener for privacy information.