alt.hn

7/21/2026 at 7:11:27 PM

Five tech giants are hiding $1.6T in AI debt, using the trick that toppled Enron

 https://thenextweb.com/news/tech-giants-hidden-off-balance-sheet-debt-ai

by arto

7/21/2026 at 9:31:10 PM

1929 flashback? We already had a pandemic but no booming times

by b3ing

7/21/2026 at 9:46:41 PM

It has been amazingly booming if you have had money in any market... But poor are forgotten.

by Ekaros

7/21/2026 at 9:46:59 PM

nah, more recent is dotcom bust. lots of circular funding on ephemeral services that have zero physical basis or equates to real gdp output.

by cyanydeez

7/21/2026 at 9:25:22 PM

Is it just me or is this clearly written by Claude?

The last heading is literally "The honest version"

But otherwise throughout it just reads like Claude wrote it.

by whalabi

7/21/2026 at 9:44:29 PM

It is obvious. It‘s disgusting

by camillomiller

7/21/2026 at 8:41:49 PM

And they are using the special debt vehicle tricks that made the 2008 bubble and the resulting crash. This is an economic nightmare:

https://makingsense.quora.com/AI-Bubble-Seems-To-Be-Using-Th...

by zrn900

7/21/2026 at 9:14:54 PM

I’m glad we have a competent and trustworthy administration to guide us through this inevitable collapse.

by solumunus