{
  "generatedAt": "2026-10-22T15:41:06Z",
  "disclaimer": "Analysis and opinion, not investment advice.",
  "kind": "person",
  "slug": "the-bear-cave",
  "name": "The Bear Cave",
  "role": null,
  "url": "https://deepstack.ltd/people/the-bear-cave/",
  "api": "https://deepstack.ltd/api/v1/entities/people/the-bear-cave.json",
  "summary": "The Bear Cave is named in 1 Part of The Buildout, most recently Part 17: The Guarantee Has No Date. Argued in Part 17 (The lease is already debt).",
  "parts": [
    {
      "part": 17,
      "headline": "The Guarantee Has No Date",
      "url": "https://deepstack.ltd/stories/the-guarantee-has-no-date/"
    }
  ],
  "numbers": [],
  "mentions": [
    {
      "part": 17,
      "section": "Lede",
      "excerpt": "The Bear Cave relayed on September 27, 2026 Michael Burry's tally of nearly $1.2 trillion of such leases plus more than $1.5 trillion of purchase commitments, a wider instrument; Burry wrote on September 19 that vehicles, guarantees and backstops could lift the total above $3 trillion.",
      "url": "https://deepstack.ltd/stories/the-guarantee-has-no-date/"
    }
  ],
  "sides": [
    {
      "part": 17,
      "question": null,
      "side": "the-lease-is-already-debt",
      "sideLabel": "The lease is already debt",
      "claim": "The relayed Bank OZK argument holds that the weakest construction projects must find genuine buyers or long-term lenders before sponsor support and property values fail.",
      "date": "2026-07-26",
      "url": null,
      "linkVerified": false,
      "storyUrl": "https://deepstack.ltd/stories/the-guarantee-has-no-date/",
      "sidesUrl": "https://deepstack.ltd/sides/the-guarantee-has-no-date/"
    }
  ],
  "coverage": {
    "creators": 3,
    "claims": 56,
    "texts": 10,
    "asOf": "2026-10-22"
  },
  "lastUpdated": "2026-10-22"
}