Bursting Of AI Bubble, Collapse Of Circular Deals Are Among Top Risks To Global Financial System, BIS Warns
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Source: Zero Hedge
Published: 2026-06-29 13:33 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Technology & AI, Economy & Finance, Tax & Budget, World News, Business & Economy
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Snippet:
An artificial-intelligence bust (and thus bubble), inflation and fiscal stress are the three the most alarming threats to global prosperity at present, the Bank for International Settlements warned. In its annual report published on Sunday, the Basel-based institution - better known as the central banks' central bank - cited those on a list of “pressure points” that currently “demand attention,” with underlying financial vulnerabilities lurking that could amplify any shock.
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