And are the rating agencies downrating those holding private credit? Nope, not at all. Same crap as in 2008. And the DOJ won't be charging anyone this time either.
It's all hype because financing isn't close to being investment-grade, the power grid can't handle the future capacity demand of data centers, and most people in at least several states don't want a data center in their backyard.
It's a private credit Ponzi scheme coming to a pension fund near you.
Poor, Carney. LOL.
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