sanitation@lemmy.radio to Technology@lemmy.worldEnglish · 5 days agoBanks seek to offload risk to avoid ‘choking’ on data centre debtwww.ft.comexternal-linkmessage-square56fedilinkarrow-up1215arrow-down16
arrow-up1209arrow-down1external-linkBanks seek to offload risk to avoid ‘choking’ on data centre debtwww.ft.comsanitation@lemmy.radio to Technology@lemmy.worldEnglish · 5 days agomessage-square56fedilink
minus-squarehumanspiral@lemmy.calinkfedilinkEnglisharrow-up7·5 days agoso paywalled, didn’t even show a byline. This is fundamental mechanism behind subprime crisis., Channels to offload debt so that more debt can be issued.
minus-squarebuddascrayon@lemmy.worldlinkfedilinkEnglisharrow-up4·4 days agoYeah I love how the article keeps dancing around that fact. It’s like they’re absolutely terrified to actually put it into words. And, quite frankly, they should be. The collapse there setting up right now could very well eclipse the subprime mortgage collapse of 2008.
Archived link.
so paywalled, didn’t even show a byline.
This is fundamental mechanism behind subprime crisis., Channels to offload debt so that more debt can be issued.
Yeah I love how the article keeps dancing around that fact. It’s like they’re absolutely terrified to actually put it into words.
And, quite frankly, they should be. The collapse there setting up right now could very well eclipse the subprime mortgage collapse of 2008.