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When the AI Bubble Bursts, Who Will Be Left Holding the Bag?

Summary by CounterPunch
Photo by Juan Pablo A new paper making a stir in the financial press spells out the dangers to which private equity-owned life insurance companies are exposed by private credit funds with large portfolios of loans to software and AI companies. It’s a complicated story that could have enormous consequences. Pranjal Drall and Andrew Granato, the report’s authors, argue that some of these insurance companies could become insolvent if these loans cr…

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50% Right

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CounterPunch broke the news in Petrolia, United States on Friday, August 14, 2026.
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