bobalot@lemmy.world to Fuck AI@lemmy.world · 2 days agoThe AI Bubble survives on $1.65 Trillion in hidden debtyoutu.beexternal-linkmessage-square28linkfedilinkarrow-up1290arrow-down14
arrow-up1286arrow-down1external-linkThe AI Bubble survives on $1.65 Trillion in hidden debtyoutu.bebobalot@lemmy.world to Fuck AI@lemmy.world · 2 days agomessage-square28linkfedilink
minus-squareFlashMobOfOne@lemmy.worldlinkfedilinkarrow-up22·2 days agoSounds very Enron. Enron hid much of its debt by calling it ‘preferred shares’ issued to creditors, just straight up lying.
minus-squareAngryCommieKender@lemmy.worldlinkfedilinkarrow-up18·2 days agoFrom what I understand, the main difference between what they are doing and Enron, is that they’ve had 25+ years to lobby Congress to make it legal.
Sounds very Enron.
Enron hid much of its debt by calling it ‘preferred shares’ issued to creditors, just straight up lying.
From what I understand, the main difference between what they are doing and Enron, is that they’ve had 25+ years to lobby Congress to make it legal.
Lying? They’d never!