Risk is rising as big tech companies like Oracle — the ultimate financial source of the Ellison media empire — need to turn to the bond market for staggering sums to finance data centers.
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- Talcosis@lemmy.zipEnglish8 days
Kind of an odd phrase, given that money as a concept is fundamentally both of those things at all times.
8 daysWhich means someone is out there collecting the interest cost of all that magic money…
Guess who it is!
- pr06lefs@lemmy.mlEnglish8 days
What’s cool is we’ll soon be propping these shitbags up with tax money, so the whole thing doesn’t go bankrupt.
- jj4211@lemmy.worldEnglish7 days
Fun fact, over half of the S&P 500 have market caps over 10x revenue.
This has not ended well for companies in the past.
