How Big Tech's Data Centers Are Bleeding Main Street Dry |10|06|26
While Washington celebrates the "AI Revolution," a massive financial and infrastructural bubble is quietly being built in our back yards — and it is threatening to take the U.S. economy down with it. I’m joined by utilities expert and former Wisconsin public service commissioner Dan Eastman to expose the ugly reality behind the nationwide data center land-grab. It’s not just the fact that we don’t have the energy the companies claim they will pay for; it's a venture socialist grift that is actively crowding out everyday Americans, and Republicans are handing Democrats a massive electoral victory by blindly supporting it. We break down the data-center bubble, circular financing, utility impacts, government favoritism, AI hype, capital misallocation, and why the coming correction will be far more painful than previous bubbles, given the state of the debt, inflation, and bond markets. As always, it will be Main Street that will pay the price of both the collapse and the inflation from the bailout. Learn more about your ad choices. Visit megaphone.fm/adchoices
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