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Pittsburg, Kansas | Denninger has been pointing out how quickly computer technology changes. He was in the middle of the go go years of Internet expansion. Where technology that cost a bundle a few years later could buy stuff multiple times faster at a cheaper cost.
He has been questioning all the infrastructure costs that don't cash flow and someone else can come along a few years later at a lower cost and eat their lunch.
He sees no way current costs can be covered by any reasonable revenue streams.
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To the 1031 thread below