🇨🇦 andyrogers.bsky.social 🇨🇦
@andyrogers.bsky.social
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Father of four who cares very much about what we're leaving for our children. Political junkie. Anti-fascist. Anti-authoritarian. Woke. Canadian. LGBTQ2S+ Ally. ADHD.
Please don't ask me for money. I have no extra to spare.
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The Guardian
@theguardian.com
· 11h
Bank of England warns of growing risk that AI bubble could burst
Possibility of ‘sharp market correction has increased’, says Bank’s financial policy committee
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Business live – latest updates
The Bank of England has warned there is a growing risk of a “sudden correction” in global markets as it raised concerns about soaring valuations of leading AI tech companies.
Policymakers said there were also threats of a “sharp repricing of US dollar assets” if the Federal Reserve lost credibility in the eyes of global investors. It comes as Donald Trump’s continues to attack the US central bank and threaten its independence. Continue reading...
www.theguardian.com
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