FIN · T06
The debt behind the machines: 1999 capex, 2008 credit, or neither?
AI demand may be real. The more dangerous question is who is financing the machines, and how quickly lenders can change their minds.
Questions 2Open 1Call held 1Call missed 0
1999 capex plus 2008 credit
read as the fuse
2 voices
The borrowing is rational
read as the fuel
3 voices