I know people get annoyed with me every time I say these things or even mention them, but that doesn't change what could be coming.

What Could Possibly Go Wrong?

Tech companies are taking out trillions of dollars in debt

To invest in AI, data centers

Mostly done in secret, through shell companies

to hide the fact that they're borrowing

far more than they're bringing in in profits

This incl Microsoft, Alphabet, Amazon

And who holds the debt?

Hedge funds, equity firms, banks

But also Insurance companies, Pension funds

Which will have to be bailed out by taxpayers

Huge job losses

Major recession

Seniors suddenly losing their source of income

Wage growth, already negative vs inflation, becomes far worse

therealnews.com/economist-bake…