Comment on Banks seek to offload risk to avoid ‘choking’ on data centre debt
reddig33@lemmy.world 2 months ago
Are they going to cut up the debt and repackage it to sell to investors, like they did with the subprime mortgages years ago?
Comment on Banks seek to offload risk to avoid ‘choking’ on data centre debt
reddig33@lemmy.world 2 months ago
Are they going to cut up the debt and repackage it to sell to investors, like they did with the subprime mortgages years ago?
OwOarchist@pawb.social 2 months ago
Look, they took a big risk, and now that their gamble is going bad, they need a way to make sure that the working class pays the price for their mistake. After all, they deserve special treatment and bailouts because they’re risk takers.