Most Asian stock indexes are higher, tracking gains after a turbulent session on Wall Street. U.S. futures were little changed and oil prices advanced early Thursday.
If you didn’t read the article, the concern is that mid-sized banks have done a lot of lending to outsized customers who have screwed them, and the market is taking this traditional indicator of a traditional bubble, with all the same dynamics as 2008, as a signal of market instability.
The AI circular economy is not entirely over-leveraged debt. Over-leveraged debt is a very traditional form of economic trouble, so it’s more clearly seen as “oooh, we got some shit going down here!”
If you didn’t read the article, the concern is that mid-sized banks have done a lot of lending to outsized customers who have screwed them, and the market is taking this traditional indicator of a traditional bubble, with all the same dynamics as 2008, as a signal of market instability.
The AI circular economy is not entirely over-leveraged debt. Over-leveraged debt is a very traditional form of economic trouble, so it’s more clearly seen as “oooh, we got some shit going down here!”