Subject: Re: Mass extinction
Here's an interesting view from the lender side---Are more companies which were once asset-light moving toward that "ever depreciating inventory" and over extended debt?


"The AI boom has sparked a construction frenzy — and the scale of financing needed is only just starting to hit the public eye.

"Tip of the iceberg. It's just beginning," John Cortese, head of portfolio management and trading at Apollo Asset Management, told Yahoo Finance's Opening Bid.

He noted companies that have historically been asset-light are "just starting to become asset-heavier businesses."

Instagram parent Meta (META) is one example. The company "tripled the amount of debt outstanding in one month in September," Cortese said.....

Despite the promise of high-demand assets, there is skepticism about the rising debt load, with lingering concerns about whether companies are taking on too much debt."

https://finance.yahoo.com/news...