@prolebot5000
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proleslop, guitars and wood
Joined December 2022
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Squonk retweeted
IT'S INSANE HOW SO MANY PEOPLE NEED ZERO PROOF TO BELIEVE A LIE BUT NEED ENDLESS PROOF IN ORDER TO ACCEPT THE TRUTH.
Squonk retweeted
THE BANKS THAT FUNDED THE AI BOOM ARE NOW LOOKING FOR EXIT.
Some of Wall Street's biggest banks are now trying to get rid of billions of dollars in AI-related debt.
JPMorgan, Morgan Stanley, SMBC, and MUFG are reportedly looking to reduce their exposure to AI data center loans.
And what's happening with Oracle is even more worrying.
Banks have spent over 6 months trying to sell $38 BILLION in debt tied to Oracle data centers.
Some lenders are now even willing to sell parts of these loans at a discount.
Meanwhile, Oracle's credit rating is just one step above junk, and the cost of insuring against its default has jumped sharply.
This is happening while tech companies are still spending hundreds of billions on AI infrastructure.
If banks become less willing to lend, AI companies could find it much harder and more expensive to fund new projects.
And if AI spending starts slowing down, it could become a serious problem for the stock market, which has been relying heavily on the AI boom.
I love these guys hahaha
BREAKING: Iran is now openly considering forcing Google, Meta and other tech giants to obtain permits, undergo technical inspections and pay “sovereignty fees” for undersea internet cables passing through Iranian waters, per Tasnim News.
Major cable systems including FALCON and GBI cross the Gulf, turning the Strait of Hormuz into a strategic digital chokepoint. More than 99% of international data traffic travels through undersea cables, giving coastal states leverage over critical global connectivity.
The move follows Mohsen Rezaee’s threat to destroy undersea cables, data centers and AI facilities across the region if the U.S. and Israel resume the war, claiming those assets are worth over $2 trillion. Iran is now threatening the Gulf’s digital infrastructure with destruction — while also seeking to charge companies for access.
Squonk retweeted
We don't spread or influence you with this lefty bullshit
now our next song, And Justice For All
Metallica frontman James Hetfield took a swipe at artists who use their concerts to lecture audiences about politics during the band's Las Vegas residency.
In what could easily be seen as a dig at the likes of Macklemore, Hetfield told the crowd:
"Unless you live in Vegas, you've come a long way to spend some time with Metallica. We're grateful for that. Your travels, the money you spend, the time it took, thanks for coming to celebrate with us.
And I just gotta say, Metallica is not here, like some other entertainers, to influence you with their bullshit. We are here to forget about all the outside shit. Metallica's agenda is love, energy and heavy music, baby!"
Hetfield has rarely spoken openly about his politics, but past interviews suggest he holds many conservative values.
On Joe Rogan's podcast in 2016, he explained how he'd moved his family away from the San Francisco Bay Area, having grown tired of what he saw as its political intolerance and elitism.
As a Metallica fan, this is incredibly based! 🤘
