When will the AI bubble trigger a global financial crisis in 2027? Most likely: February to March 2027. Why this particular time? First, Nvidia's earnings report on February 24th. This is the ultimate moment of disproving AI computing power. Once growth slows, the valuation logic of the entire industry chain collapses. Second, giants like Oracle and CoreWeave, which rely on bond issuance to stay afloat, will face enormous interest payment pressure in Q1. The channel of borrowing new money to repay old debts may be blocked at this time. Third, the Federal Reserve's interest rate meeting in mid-March. Faced with high oil prices and inflation, the Federal Reserve cannot cut interest rates to save the market. The bursting of the AI bubble doesn't require the disappearance of demand. It only requires the bond market to say to it in the spring of 2027: "I'm collecting your interest."