I think the point is that Meta really really wanted to avoid getting their credit rating downgraded, and ... went shopping for off-book financial vehicles. On

I think the point is that Meta really really wanted to avoid getting their credit rating downgraded, and ... went shopping for off-book financial vehicles. On one hand they (supposedly) have enough "discounted cash flow" to do whatever, on the other hand I guess even they know it's a bubble and fallow years are coming.