Wed
May 6 2026
06:59 am
By: bizgrrl
Oh No The Capital Allocation System Allocated Capital Badly Again
Large banks including JPMorgan Chase, Morgan Stanley and SMBC are looking to offload risks linked to a glut of debt related to AI data centres, as they reach financing limits, the Financial Times reported.
...
Banks are reportedly approaching risk limits that restrict their exposure to individual borrowers or sectors, and are seeking to free up their balance sheets for further lending.
Brings back fond memories of the 1980s savings and loan crisis and the 2008 financial crisis.
Yeehaw!
|
Topics:
|
|
Discussing:
- Are Chat bots a waste of time? (1 reply)
- Smith & Wesson noise problem (1 reply)
- Musicians dropping out of President's Freedom Concert Series (1 reply)
- It's time for new blood in Congress, Barnett in - Burchett out (1 reply)
- Burning Down The House... (2 replies)
- Behind Lege Lies (1 reply)
- Peace (1 reply)
- Speak your truth, fight and believe. (1 reply)
- Large banks have too much AI data center debt? (1 reply)
- GOP misleading on federal health care funding (1 reply)
- Feds indict civil rights group (3 replies)
- Georgia issues burn ban, first time in state history (2 replies)
TN Progressive
- Smith & Wesson not a good fit for Blount County (BlountViews)
- Pellissippi Parkway extension delayed again (BlountViews)
- Blount County early voting record turnout (BlountViews)
- Louisville, TN, town center coming soon? (BlountViews)
- WATCH THIS SPACE. (Left Wing Cracker)
- America As It Is Right Now (RoaneViews)
- A friend sent this: From Captain McElwee's Tall Tales of Roane County (RoaneViews)
- The Meidas Touch (RoaneViews)
- Massive Security Breach Analysis (RoaneViews)
- (Whitescreek Journal)
- My choices in the August election (Left Wing Cracker)
- July 4, 2024 - aka The Twilight Zone (Joe Powell)
TN Politics
- Tennessee health department warns parents their children will be reported to immigration officials (TN Lookout)
- USDA Secretary Rollins blames Biden border policies for screwworm threat (TN Lookout)
- Three Johns and a Will for justice: When Tennessee’s white leaders spoke out (TN Lookout)
- Homeland Security retreats on plan to get data on mail-in voters (TN Lookout)
- Metro sues state again to block airport board takeover (TN Lookout)
- NAACP files for federal court injunction to stop new Tennessee congressional map (TN Lookout)
Knox TN Today
- Falling Water Branch Falls: A 2020 Visit, Helene’s scars, and three new waterfalls (Knox TN Today)
- Lily in Red (Knox TN Today)
- New Business Spotlight: Riverside Coffee (Knox TN Today)
- Knox primary affirmed: Will Mike’s challenge hurt Elaine? (Knox TN Today)
- ArtBeat: Spotlight on the local arts events and entertainment (Knox TN Today)
- Jessie Tipton receives award (Knox TN Today)
- Knoxville musicians win big at 54th Annual Mount Airy Fiddlers Convention (Knox TN Today)
- World Cup fever? Wallace can help you make a move worth cheering for (Knox TN Today)
- Weekend Scene: Bones in the Museum to Dog Prom and more. (Knox TN Today)
- New release by UT Press (Knox TN Today)
- Everyday Genius: Household items with hidden talents (Knox TN Today)
- Uptick in transfers and mortgages for the week (Knox TN Today)
Local TV News
- Dump truck overturns in West Knox County, spilling 21 tons of rock (WATE)
- Recovery specialists connect kratom users to treatment ahead of statewide ban (WATE)
- Tri-Cities Airport runway expected to reopen Thursday morning (WATE)
- 'Backbone of the digital world' East TN tech founder explains different types of data centers (WATE)
- Game time announced for Tennessee's SEC home opener against Texas (WATE)
- Challenge in Knox County Sheriff GOP primary denied after corruption case indictments (WATE)
News Sentinel
State News
- Internet thinks World Cup team in Chattanooga is ‘hilarious.’ Local leaders don’t think so - Chattanooga Times Free Press (Times Free Press)
- Demo at Broad and Main in Chattanooga clears way for $45M hotel - Chattanooga Times Free Press (Times Free Press)
- The American Dream - Chattanooga Times Free Press (Times Free Press)
- Jury finds driver guilty after 2023 Frazier Avenue crash - Chattanooga Times Free Press (Times Free Press)
Wire Reports
- Iran War Live Updates: U.S.-Iran Strikes Risk Dangerous New Phase - The New York Times (US News)
- ECB hikes interest rates for first time since 2023 as Iran war ramps-up energy costs - CNBC (Business)
- Stock Market Today: Dow Futures Gain; Oracle Earnings in Focus — Live Updates - WSJ (Business)
- Trump gifts Dems ready-made midterm ads - Axios (Business)
- SpaceX IPO is a ‘referendum’ on Musk, say market watchers - CNBC (Business)
- How to prevent and treat your pet from screwworm - The Texas Tribune (US News)
- Winning Powerball numbers for the $238 million jackpot on June 10, 2026: See all the prizes hit in Ohio - WKYC (Business)
- Trump's pick for intel chief could imperil a key U.S. spy tool. Who is Bill Pulte? - NPR (US News)
- America's spy powers are in deep trouble - Axios (US News)
- Morning Bid: Tech and war jitters sap confidence - Reuters (Business)
- Democrats reluctantly accept Platner as GOP wields his candidacy against them - The Washington Post (US News)
- Anthropic Walks Back Policy That Could Have ‘Sabotaged’ AI Researchers Using Claude - WIRED (Business)
- Karmelo Anthony lawyers file notice of appeal day after he was sentenced to 35 years - Dallas News (US News)
- University of Florida Chooses Stuart Bell for President Over Some Conservative Criticism - The New York Times (US News)
- SpaceX Leaves Some Banks Peeved at Junior Roles in IPO Lineup - Bloomberg.com (Business)
Local Media
Lost Medicaid Funding
To date, the failure to expand Medicaid/TennCare has cost the State of Tennessee ? in lost federal funding. (Source)
Search and Archives
TN Progressive
Nearby:
- Blount Dems
- Herston TN Family Law
- Inside of Knoxville
- Instapundit
- Jack Lail
- Jim Stovall
- Knox Dems
- MoxCarm Blue Streak
- Outdoor Knoxville
- Pittman Properties
- Reality Me
- Stop Alcoa Parkway
Beyond:
- Nashville Scene
- Nashville Post
- Smart City Memphis
- TN Dems
- TN Journal
- TN Lookout
- Bob Stepno
- Facing South

Ya know.....
I was wondering if making the most time move off grid/offline was going to be doable as far as sanity goes. It's getting hard to listen to the radio as the cut in NPR funding has resulted in a dramatic loss of radio signal for me.
I've increased the quality of my radios, spent a couple hundreds bucks on a few different things, but the signal quality is just deteriorating. You have to maintain and upgrade equipment. I used to get all four public radio stations that hit the mountains, Tri-cities, BPR, WUOT and WUTC (Johnson City to Asheville to Murphy to Chattanooga). Generally, there would have been routine issues with one or two stations, anymore, I'm lucky to pick up anything.
But here's the thing. The more news I get, the less I want. I wondered what it was like to live in one of those shithole third world nations under siege and underground all my life. It's not that bad. You'd be surprised. We talk about stream flows and compare rain gauge measurements. We match up the chapters in Al Gore's old book to specific weather events and trends that we're seeing. We work on our foundations and build seawalls in a probably futile attempt to combat the forces of nature. We're vigilant and keep an eye on people we don't care for. We have common interests. It's way better than I thought it would be.
Point being, I was always of the mindset that the worse it got down here, the worse it would get in the mountains as well, and it seems to be working just the opposite. The point being, this is an easy collapse to prepare for. If you can garden and barter, and your back isn't broke with debt, and you're willing to work a little extra to eat, you'll be okay. But old school food storage techniques have cut spoilage out of my food budget, so I just go to the Mennonite farm. After three years of figuring it out, it's starting to get easy. It's easy to live a hard life nowadays.