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:
- Alcoa Hwy construction to extend to 2030 (2 replies)
- Smith & Wesson noise problem (3 replies)
- Are Chat bots a waste of time? (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)
TN Progressive
- Alcoa property taxes will probably not go up (BlountViews)
- Smith & Wesson not a good fit for Blount County (BlountViews)
- Pellissippi Parkway extension delayed again (BlountViews)
- Blount County early voting record turnout (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
- Congressman urges Gov. Bill Lee to revoke directive to report immigration status of sick kids (TN Lookout)
- Lawmakers demand info on Trump use of national park fees to pay for D.C. repairs (TN Lookout)
- John Cole’s Tennessee: Try THAT in a small town. (TN Lookout)
- Tennessee soybean farmers get morale boost from better prices, but future remains ‘daunting’ (TN Lookout)
- Tennessee pharmacies sell potent Ivermectin, led by anti-vaccine doctor who’s taken ‘bucketloads’ (TN Lookout)
- Republicans in US Senate left in dark by Trump on Iran deal, but want details and a vote (TN Lookout)
Knox TN Today
- Fort Sanders, rewound (Knox TN Today)
- The Book Whisperer suggests special novels for June (Knox TN Today)
- The Johnsons (Knox TN Today)
- Larry Kerr + ‘Dream it. Do it.’ + Faye Cardwell (Knox TN Today)
- Mama said…“ Don’t burn your bridges.” (Knox TN Today)
- TSSAA approves basketball shot clock by 2029-30 season (Knox TN Today)
- Young Reader’s Shelf: The Lion, the Witch, and the Wardrobe (Knox TN Today)
- Wesley House Community Center invites the community to Friends of Wesley Breakfast (Knox TN Today)
- 6/17 HEADLINES: News and events from Knox, World, USA, Tennessee & Historic Notes (Knox TN Today)
- Applications now open for 2026 STRIVE veteran entrepreneurship cohort (Knox TN Today)
- Youth Scoop: Activities for all ages in Knox & area (Knox TN Today)
- War time drive at Knoxville High School (Knox TN Today)
Local TV News
- From suppositories to suckers: Pharmacy students learn how compounded medicine is made (WATE)
- Denied rezoning request in East Knox County sparks conversation about future development (WATE)
- 'A jungle' Knoxville man wants overgrown lot cleaned up (WATE)
- Man sentenced after Greeneville police pursuit ends with crash, drugs thrown from car (WATE)
- Knox County reallocates $4 million from schools to give raises to county employees (WATE)
- Court records name Senator Marsha Blackburn as possible target of planned UFC attack (WATE)
News Sentinel
State News
- Immigrant org, La Paz Chattanooga, tries to bridge immigration perspective at local club - Chattanooga Times Free Press (Times Free Press)
- Lookout Mountain planners who support Rock City gondola explain why - Chattanooga Times Free Press (Times Free Press)
- Teen charged in connection with disappearance of Collegedale man - Chattanooga Times Free Press (Times Free Press)
- Daughter of Chattanooga woman who joined ISIS rescued, awaits fate outside a Syrian detention camp - Chattanooga Times Free Press (Times Free Press)
Wire Reports
- U.S. and Iran sign deal ahead of schedule, sources say - Axios (US News)
- Pentagon releases the names of 8 people killed in B-52 plane crash at California Air Force base - NBC News (US News)
- In Georgia’s Capitol, Republicans’ redistricting session to begin without maps - AP News (US News)
- Trump Rescinds Endorsement of Right-Wing Pastor After Texting Scandal - The New York Times (US News)
- Serial killer Rex Heuermann sentenced to life in prison without possibility of parole in emotionally raw hearing - CNN (US News)
- Trump Feuds With Thune and G.O.P., Stoking Election-Year Rift - The New York Times (US News)
- Dow closes 500 points lower as Warsh’s first Fed meeting sets off surge in bond yields: Live updates - CNBC (Business)
- Roelof Botha joins SpaceX’s board of directors - TechCrunch (Business)
- Iran deal is in effect, White House says, as US officials reveal details of the agreement - BBC (Business)
- AP Exclusive: Bernie Sanders unveils plan to give the public direct ownership of AI companies - AP News (Business)
- Iran to define Strait of Hormuz administration with Oman and Gulf states, senior U.S. officials say - CNBC (US News)
- Trump’s Justice Department urges court to throw out pollution lawsuit against Elon Musk’s company - CNN (Business)
- CarMax shares fall 10% after used car retailer reports earnings beats, CEO details turnaround plan - CNBC (Business)
- JetBlue to reduce Newark, LaGuardia footprint as it forges ahead in Fort Lauderdale - CNBC (Business)
- 2028 presidential run looms over Gavin Newsom’s response to DOJ probe - The Washington Post (US News)
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.