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Banks are now trying to offload the AI data center debt they just underwrote (startupfortune.com)
submitted 3 days ago by to c/technology@lemmy.world
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[–] 0 points 2 days ago (1 child)

Property has been crashing since covid. They circular financing for as long as they can, which might be quite a while.

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  • [–] 1 point 1 day ago

    Oh well, so I found someone talking away the big warning sign of circular financing (in the range of billions to trillions of USD), something that quite frankly should be illegal.

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