Don’t forget all the data centres they’re on the hook for to support demand that isn’t there. As they come online, the operators are going to expect to be paid.
The slop pushers have a bunch of spending commitments that aren’t technically loans. But they’ll still come due.
I think you mean the data centers that we’re on the hook for. The Ai companies didn’t build the centers, private Equity did. Then the banks looked at all of that lease income and made lease backed securities. Don’t worry though, they’re not like mortgage backed securities, these are way more stable becuase the Ai companies will continue to grow forever!
Don’t forget all the data centres they’re on the hook for to support demand that isn’t there. As they come online, the operators are going to expect to be paid.
The slop pushers have a bunch of spending commitments that aren’t technically loans. But they’ll still come due.
I think you mean the data centers that we’re on the hook for. The Ai companies didn’t build the centers, private Equity did. Then the banks looked at all of that lease income and made lease backed securities. Don’t worry though, they’re not like mortgage backed securities, these are way more stable becuase the Ai companies will continue to grow forever!