Banks are now trying to offload the AI data center debt they just underwrote

Banks are in the business of underwriting debt and reselling it to private investors.

We’ve been reading this “End is Near” shit since COVID. Put something more on the table.

Owning a debt from the AI industry is a fairly insane amount of risk

Is it? They’ve been outperforming every other debt class for five years running.

So did .com in the early 00’s and houses in the late 00’s

If you bought into Microsoft in '01 and have owned a REIT since '07, you’ve made oodles of money.