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Bursting Of AI Bubble, Collapse Of Circular Deals Are Among Top Risks To Global Financial System, BIS Warns
Bursting Of AI Bubble, Collapse Of Circular Deals Are Among Top Risks To Global Financial System, BIS Warns
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.
“The global economy remains...
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Aug 8, 2026 / Tyler Durden
The Rarest Asset In A Fourth Turning: The Freedom To Act
The Rarest Asset In A Fourth Turning: The Freedom To Act
Authored by Chris Macintosh via InternationalMan.com,
The Fourth Turning does not end with a return to the prior equilibrium. It ends with a new order - better or worse, depending on which forces prevail in the decisive battles of the crisis era.
Those battles are being fought now, across domains: monetary (the BRICS challenge to dollar hegemony, the rise of non-dollar settlement, the emergence of digital currencies), geopolitical (the realignment of the Middle East, the unravelling of the post-Cold War security architecture),...
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Aug 28, 2026 / Tyler Durden
US Military Shoots Down 3 Mexican Cartel Drones With Laser
US Military Shoots Down 3 Mexican Cartel Drones With Laser
Authored by Chris Summers via The Epoch Times,
A laser system was used to shoot down three drug cartel drones in southern Texas, close to the Mexican border, the U.S. military said on Aug. 27.
A so-called hunter drone in front of a mobile sensor unit for drone detection using optical systems and lasers at the National Test Center for Unmanned Aerial Systems of the German Aerospace Center in Cochstedt, Germany, on Oct. 8, 2025. Jens Schlueter /AFP via Getty Images
The North...
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Jun 8, 2026 / Tyler Durden
Israel Pauses Iran Strikes At Trump's Request To 'Stop Shooting' - But Warns 'Full Intensity' Lebanon Ops To Persist
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