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Banks are now trying to offload the AI data center debt they just underwrote
(startupfortune.com)
This is a most excellent place for technology news and articles.
Actually, I tell people to watch the Big Short because they explain the securitization process really well.
But hopefully rating agencies aren’t lying about the quality of loans and intentionally underwriting bad debt like they did in 2008 but I don’t originate the loans so idk.