The debt behind the machines: 1999 capex, 2008 credit, or neither? Settles
Resilient hyperscaler free cash flow would ease leverage fears; negative cash flow would validate Erkan’s tripwire.
Specification pending.
- 1999 capex plus 2008 credit read as the fuse
- The borrowing is rational read as the fuel
Put your number from 1 to 99 in the app; the readers, the Call and the machines appear only after you save.