
Rate hike underlines our scary problems, $44b moment for Firmus & private credit’s house of cards
02 Oct 2026AI processed
The intersection of high interest rates, AI-driven market optimism, and structural economic risks defines the current financial landscape. The $43 billion Firmus IPO exemplifies the disconnect between massive capital investment and unproven long-term profitability, fueled by intense demand for AI infrastructure. Despit...
