A Nikkei study found Alphabet, Microsoft, Amazon, Meta and Oracle carry $1.65tn in off-balance-sheet debt for AI, more than they report. It is all legal.
It’s absolutely crazy to me how many people are investing their 401ks in AI. If you’re gonna gamble away your savings on tech bros, then there’s a much better investment…
As if most people self-manage their 401ks, it’s almost always managed by the holding company unless someone does a PCRA or something along those lines.
We’re all witnessing a terrifying game of musical debt. At some point the music is going to stop.
Isn’t that exactly like buying houses in 2008?
And the chair gets pulled out and the public is left on their ass with the debt. Privatize profits, socialized losses.
Theor goal is to make sure retail 401ks don’t get the last seat.
It’s absolutely crazy to me how many people are investing their 401ks in AI. If you’re gonna gamble away your savings on tech bros, then there’s a much better investment…
As if most people self-manage their 401ks, it’s almost always managed by the holding company unless someone does a PCRA or something along those lines.