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Growing Concerns of an AI-Driven Bubble in the Western Economy
London-based Capital Economics stated that the artificial intelligence boom has turned into a late-stage bubble due to misallocated capital, as the U.S. Federal Reserve faces critical interest rate decisions.
News
Artificial Intelligence
Economy
As credit card spending hits a record high, warnings over fees and interest rates increase
While the number of credit cards in Turkey approaches 152 million, breaking records, experts warn against the additional costs created by minimum payments, cash advances, and maturity differences.
News
Economy
Ali Babacan Criticizes Economic Policy and Warns About Interest Rates
DEVA Party leader Ali Babacan criticized the government's economic policies during an event in Sapanca, emphasizing that alongside interest rate hikes, unbacked money is being printed and waste is not being prevented.
News
Economy
