There are Luddites in every generation. The bigger problem is that so many do not fear debt.

Author: Curly1918 (18270 Posts - Joined: Aug 30, 2017)

Posted at 8:06 pm on Aug 20, 2026

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Maybe one reason our younger generation leans socialist is that we boomers are saddling their future with ginormous debt for them to pay.

Replies to: “There are Luddites in every generation. The bigger problem is that so many do not fear debt.”

The real problem with data centers: Their buildout costs are driving up interest rates. [LINK] - Curly1918 - 1:11pm 8/20/26 (15) [View All]
- I think the proper way to think about data centers is like utilities or infrastructure. [NT] - iairishcheeks - 7:38pm 8/20/26
- Chinese don’t have this issue. China and U.S. have different routes in developing AI. - Eli - 7:02pm 8/20/26
- And the burgeoning use of Credit Default Swaps by Hedge Funds isn't music to the ears of "Free Cash - TyroneIrish - 6:54pm 8/20/26
  - Just as with all the subprime mortgages at the time of the 2008 crash, there shall be serious losers - Curly1918 - 8:15pm 8/20/26
    - And most egregious are those who seek $1.5T Defense Expenditures, while giving Tax Breaks to those - TyroneIrish - 8:50pm 8/20/26
- Good grief - stop already - Nigel Tufnel - 5:54pm 8/20/26
  - I tend to agree. I also look at who is against data centers - that always help clarify things when - BaronVonZemo - 9:35pm 8/20/26
  - I'm still trying to figure out the fear of datacenters. - NedoftheHill - 7:37pm 8/20/26
    - So, data centers = AI. - iairishcheeks - 1:30am 8/21/26
    - The objections are rooted in the distain that datacenter builders have for local communities...odd - TyroneIrish - 9:04pm 8/20/26
    - There are Luddites in every generation. The bigger problem is that so many do not fear debt. - Curly1918 - 8:06pm 8/20/26
      - Yes. And anyone who looks at the issue knows we can only reduce debt by inflating the dollar. - NedoftheHill - 8:38pm 8/20/26
        
        Without AI I think we'd be in a recession or perhaps a depression. - iairishcheeks - 1:32am 8/21/26
  - A mere $1.4 Trillion... can't possible impact credit markets. Right? [LINK] - Curly1918 - 6:18pm 8/20/26
    - That's a bit misleading - Nigel Tufnel - 11:02pm 8/20/26

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