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Comment by pjdesno

4 months ago

> $8 trillion of CapEx means you need roughly $800 billion of profit just to pay for the interest

That assumes you can just sit back and gather those returns indefinitely. But half of that capital expenditure will be spent on equipment that depreciates in 5 years, so you're jumping on a treadmill that sucks up $800M/yr before you pay a dime of interest.

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