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Financial Crash

Biden’s SEC Chief Warns AI Technology Could Trigger Financial Collapse

August 7, 2023 - 5:01 pm by Frank Bergman

Democrat President Joe Biden’s Securities and Exchange Commission (SEC) Chairman Gary Gensler has issued a grim, dystopian warning about artificial intelligence (AI).

Categories News Tags AI Technology, Artificial Intelligence, Financial Crash, Gary Gensler, SEC 1 Comment

Federal Reserve Hikes Interest Rates to Highest Levels since 2008 Crash

May 4, 2023 - 7:21 am by Frank Bergman

The U.S. Federal Reserve has just announced fresh hikes to take interest rates to the highest levels seen since the eve of the 2008 financial crash.

Categories Economy, News Tags Banking Crisis, Federal Reserve, Financial Crash, Interest Rates, Jerome Powell 1 Comment

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