sanitation@lemmy.radio to Technology@lemmy.worldEnglish · 2 days agoBanks seek to offload risk to avoid ‘choking’ on data centre debtwww.ft.comexternal-linkmessage-square38linkfedilinkarrow-up1145arrow-down14
arrow-up1141arrow-down1external-linkBanks seek to offload risk to avoid ‘choking’ on data centre debtwww.ft.comsanitation@lemmy.radio to Technology@lemmy.worldEnglish · 2 days agomessage-square38linkfedilink
minus-squarebitteroldcoot@piefed.sociallinkfedilinkEnglisharrow-up22·2 days agoThe point of this is that they are arranging for other people to fail. Like your pension fund or ira.
minus-squarepdxfed@lemmy.worldlinkfedilinkEnglisharrow-up5·2 days agohttps://www.epi.org/publication/trump-is-pushing-to-include-risky-assets-like-crypto-and-private-equity-in-401ks-why-this-endangers-retirement-savers-and-the-economy/
Let the bank fail.
The point of this is that they are arranging for other people to fail. Like your pension fund or ira.
https://www.epi.org/publication/trump-is-pushing-to-include-risky-assets-like-crypto-and-private-equity-in-401ks-why-this-endangers-retirement-savers-and-the-economy/