Oh this dumb blogger has a problem, he just doesn’t understand were the money is coming from to finance “AI” computing. I keep hearing that companies like Amazon, Meta and Google are going to spend 2 Trillion dollars in the next year. Now I keep hearing that most of this money is going to be borrowed. Ok where the heck are they supposed to borrow this money from. Now as I do recall from one of my economics classes that would create higher interest rates. Hmm would this hurt the debt of governments, making it more expensive to borrow? While I’m at it, would this raise the cost of borrowing for housing? Now my feeble brain seems to think that the money in circulation is shrinking because of layoffs and consumer spending is slowing.
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I keep hearing of national debt and how will these countries pay off there debt, yet some of these same people don’t worry about company debt. 🤔
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