Post #3420101
2026-06-24 16:33 UTC
@virtuous_sloth@cosocial.ca banks are too exposed so they started buying more and more credit default swaps to cover the risk: https://www.bloomberg.com/news/articles/2026-05-23/hyperscaler-debt-flood-brings-derivatives-bonanza-credit-weekly
Replies (2)
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@virtuous_sloth@cosocial.ca 2026-06-24 16:33
@gabrielesvelto@mas.to That will go well, I'm sure. Sigh.
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@blogdiva@mastodon.social 2026-06-24 22:52
@gabrielesvelto@mas.to @virtuous_sloth@cosocial.ca i’ve seen this movie before 🫣