Just as with all the subprime mortgages at the time of the 2008 crash, there shall be serious losers

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

Posted at 8:15 pm on Aug 20, 2026

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The funny thing about all this is that the folks pushing all this are the most intelligent and well educated amongst us... but they are compulsive slaves to "creative" financing while blind to the potentially catastrophic consequences.

It's as bad as our politicians legislating unlimited spending just to get elected.

Replies to: “Just as with all the subprime mortgages at the time of the 2008 crash, there shall be serious losers”

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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