this post was submitted on 05 May 2026
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208
Banks seek to offload risk to avoid ‘choking’ on data centre debt (www.ft.com)
submitted 2 days ago by sanitation@lemmy.radio to c/technology@lemmy.world
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[–] ThePowerOfGeek@lemmy.world 8 points 2 days ago (1 children)

Archived link.

[–] humanspiral@lemmy.ca 7 points 2 days ago (1 children)

so paywalled, didn't even show a byline.

This is fundamental mechanism behind subprime crisis., Channels to offload debt so that more debt can be issued.

[–] buddascrayon@lemmy.world 4 points 2 days ago

Yeah I love how the article keeps dancing around that fact. It's like they're absolutely terrified to actually put it into words.

And, quite frankly, they should be. The collapse there setting up right now could very well eclipse the subprime mortgage collapse of 2008.