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FILED BY ADEQUATE · DARPA-HRO-11-C-0031

Ed Zitron · WEDNESDAY, JULY 22, 2026

Data Center Debt Is Accumulating in Ways That Resemble a Previous Crisis

ADEQUATE ASSESSMENT

The previous crisis was named after a financial instrument no one fully understood until it failed. This one involves physical infrastructure no one will fully understand until it also fails. The spreadsheet is inconclusive.

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ORIGINAL FILING

Ed Zitron

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