The Owl in the Coalmine:
AI’s Energy Waste, Debt‑Fueled Buildout, and Private Credit Stress
Adrian Gauna
2/20/2026


GRS Research Division analysis. Not official firm investment strategy or client communication.
Legal Disclaimer & Forward-Looking Statements
This article ("The Owl in the Coalmine") is for informational and educational purposes only and does not constitute financial, investment, legal, tax, or professional advice of any kind. Gold Root Solutions ("GRS"), TheFeedLab.io, their affiliates, authors (including Adrian Gauna), and contributors make no representation or warranty regarding the accuracy, completeness, timeliness, or suitability of any information presented, including but not limited to market data, financial projections, energy consumption estimates, or historical analogies.
No Investment Recommendations. The article discusses market trends, financing structures, and risks but does not recommend buying, selling, or holding any securities, funds, or investments—including those issued by Blue Owl Capital, Meta, PIMCO, BlackRock, or any referenced entities. All data (e.g., $3-5T debt estimates, 100k× energy multipliers, Blue Owl events) derives from cited third-party sources as of February 2026; GRS/TheFeedLab does not independently verify such information.
Past performance does not predict future results. Historical references (telecom bust, Enron, 2008) illustrate patterns only, not guarantees. Forward-looking statements about AI infrastructure, private credit stress, data center opposition, or market outcomes are opinions based on available data and subject to significant risks, uncertainties, and rapid change.
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Last Updated: February 20, 2026
