nytimes.com
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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.

  • Curiositymonger@reddthat.comEnglish
    3·
    4 months ago

    People in the rest of the world will also be affected for at least two reasons:

    1. Pension funds throughout the world is invested in US big tech, and if these companies fall in value, so will their pensions.
    2. A financial crisis caused by US big tech could cause a US recession which will also damage the economies of the rest of the world.