this post was submitted on 21 Jun 2026
211 points (87.3% liked)
Technology
85645 readers
3153 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I work on the uninterruptible power supplies in many of these monstrosities. I heard from someone who works in one of them while I was on a job saying that they literally pay themselves off in 7 months. That's how much money is flying around in this space, and all that money is just more explosive power for the bomb its going to be at the heart of our economy.
Our team is being run ragged out here in the PNW because of the absolute mass of Data Centers being built on cheap land in eastern WA.
Hope you have stocks then. Will go up a lot.
I got a feeling stocks aren't going too matter much here soon.
What scenario are you thinking of?
Complete collapse of the financial system brought about by a debt fueled meltdown
I used to think so too, but ive seen it increase for 30 years now and the fed just prints more money.
Also there are people who thinks it's fine:
https://247wallst.com/politics/2025/03/07/the-average-american-doesnt-understand-how-the-national-debt-works/
I can't comment on this info myself, it's not my area.
Its true that most people don't know how the debt works, but that is by design.
We have 39 trillion in debt, but what did we use it for? Do we have nicer roads, better schools, or more hospitals? No.
A huge part of the debt came from the bad bets of companies being offloaded onto the government via the treasury. People don't understand just how cheap it was (we've just about hit the point where inflation is unavoidable) for the Epstein class to borrow government money.
That borrowing was against our future and we won't have the growth or infrastructure to justify that debt load. My reasoning is that the bow will break somewhere, and it will bring everything else down with it because the system isn't sustainable as it exists today.