Post #2493212
2026-05-09 00:22 UTC
Replies (2)
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@GhostOnTheHalfShell@masto.ai 2026-05-09 00:25
@hugoestr@functional.cafe @ramsey@phpc.social @joshsutphin@wandering.shop @Npars01@mstdn.social This debt is a level of broken that can’t be compared to previous investment bubble though. Unlike a railroad mania or the dot com bubble the value of the data centers, the big pointy end of all the processing the GPU is only last one and three years. A railroad track or fabric optic cable last 30 years. All that could be recovered and sold for pennies on a dollar are gigantic building buildings in the middle of nowhere
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@Npars01@mstdn.social 2026-05-09 00:39
@hugoestr@functional.cafe @ramsey@phpc.social @GhostOnTheHalfShell@masto.ai @joshsutphin@wandering.shop Examples of Republicans & Russians... and red state pension funds. https://www.politico.com/states/florida/story/2018/07/09/florida-pension-investments-flow-to-russian-companies-targeted-by-trump-administration-499369 https://www.orlandosentinel.com/2022/04/05/floridas-pension-fund-is-stuck-holding-300-million-in-russian-investments/ https://www.bloomberg.com/news/articles/2022-03-01/u-s-pensions-face-demands-to-exit-hard-to-unwind-russia-assets Russian sanctions & divestment by blue states earned Trump's retaliation on Minnesota etc MAGA hates it when a patsy wakes up. https://www.cbsnews.com/minnesota/news/minnesota-house-votes-unanimously-to-divest-from-russia/ https://www.forbes.com/sites/lizfarmer/2022/03/11/the-pension-plans-divesting-from-russia/ https://www.wsj.com/finance/investing/divesting-from-russia-proves-complicated-for-pension-funds-11646193559 https://penncapital-star.com/briefs/pa-stands-with-ukraine-gov-tom-wolf-calls-on-legislature-to-support-refugees-divest-from-russia/ https://bridgemi.com/michigan-government/gov-whitmer-lawmakers-seek-cut-michigans-financial-ties-russia/ https://newrepublic.com/post/205501/donald-trump-sweden-pension-fund-us-treasury-holdings