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The subprime issue was ignored, and then 2008 exploded. He chose not to say anything.
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The subprime issue was ignored, and then 2008 exploded. He chose not to say anything.
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Remember the subprime mortgage crisis? Before the 2008 financial collapse, Wall Street bundled risky mortgages into complex investments and sold them to institutions around the world. Now, something similar is raising concerns. According to Americans for Financial Reform, speculative AI data-center debt is being repackaged and sold to pension funds and other institutional investors. The investments are different, and another crisis isn't inevitable. But the comparison raises an important questio
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