Banks seek to offload risk to avoid ‘choking’ on data centre debt

Comments

• reddig33@lemmy.world ⁨1⁩ ⁨week⁩ 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?

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  • OwOarchist@pawb.social ⁨1⁩ ⁨week⁩ 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.

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