And no-one cares. (when they should)

Why? The government will just reduce interest rates and bail everyone out.

Not with 1 trillion in tariff costs hitting consumers and pushing up inflation.

Sounds like a solution to government debt.

I'm not sure the AI boom/bubble helps with this. If the companies spare money goes into GPU chips instead of salaries and office rentals it's not going to good for banks that have lent against offices and the like.