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dgerard@awful.systems

Banks turn data centre loans into 2008-style financial time bombs (pivot-to-ai.com)

submitted 5 days ago by dgerard@awful.systems to c/techtakes@awful.systems

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party like it’s 2007

https://www.youtube.com/watch?v=LuBlliJ8QMU&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20260511-banks-turn-data-centre-loans-into-2008-style-time-bombs - podcast

time: 5 min 40 sec

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[–] Papergeist@lemmy.world 1 points 4 days ago

I pulled all of my retirement out of the stock market. Ill probably be screwed later, but at least I know that nobody is using my money to make themselves richer.