AI borrowed $400 billion this year, and Mark Thornton says every paper-dollar asset is at risk - KITCO
AI borrowed $400 billion this year, and Mark Thornton says every paper-dollar asset is at risk - KITCO
Source: KITCO
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DW NOTE
AI companies borrowed $400 billion in a single year while the Fed is tightening into a supply shock and equities rally 1.8% as if the Strait of Hormuz closing is background noise. Thornton's point stands: when the bid for paper assets finally breaks, it won't ask permission from the narrative that kept VIX at 15 while 2,000 ships sat stranded in minefields.