A look at why the AI data center building boom could spark a financial crisis akin to 2008, including the rising use of debt financing via private credit funds (Noah Smith/Noahpinion)
A look at why the AI data center building boom could spark a financial crisis akin to 2008, including the rising use of debt financing via private credit funds — This time let's think about a financial crisis before it happens. — The U.S. economic data for the last few months is looking decidedly meh.
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A look at why the AI data center building boom could spark a financial crisis akin to 2008, including the rising use of debt financing via private credit funds (Noah Smith/Noahpinion)
![A look at why the AI data center building boom could spark a financial crisis akin to 2008, including the rising use of debt financing via private credit funds (Noah Smith/Noahpinion)]()
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August 03, 2025
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