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Will data centers crash the economy?
- thedudeabides5 1y agoKinda weird that an article arguing that we will get a financial crisis from defaults on credit / loans for data centers...doesn't say how much loans to data centers there are... Of the $100bn capex from the Mag7, I would bet less than 10% is debt financed. Of the 1% of GDP ($300bn), you are probably talking about less than $50bn. Then he lists around $10 TRILLION of other debt, of which $1t+ is private credit. He may have identified the right pipe (private lending) but wrong location...
- lcnPylGDnU4H9OF 1y agoOther discussions: https://news.ycombinator.com/item?id=44775884 https://news.ycombinator.com/item?id=44775884 https://news.ycombinator.com/item?id=44780202 https://news.ycombinator.com/item?id=44780202