I do wonder if capital is so cheap or wealth inequality is actually much bigger problem then we thought so that excess capital ends up in ideas like this.
Not a finance guy or economist, but in my head: capital being cheap still means investors want return on their capital and that puts some upper limit/threshold on the risk that they are willing to take vs Wealthy people having so much excess capital that they are deploying it at any project with zero regard for return, risk, feasibility or reality of it.
