Jeremy Grantham, GMO co-founder, warns US economy would have entered recession in 2023 without AI boom, as tech giants' $725 billion capital expenditure plans represent unprecedented 2% of GDP dependency, while cautioning that new bubble is forming atop partially deflated 2022 market bubble.
#YonhapInfomax #JeremyGrantham #AIInvestment #USEconomy #RecessionWarning #TechBubble #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=121424

#Recessionwarning Currently reading a 500,000 word #fanfic for a ship I was obsessed with in middle school and already have another one nearly twice as long waiting in the queue!

Mass layoffs, new $250 bills, 25% tariffs, distrust in consumerism, a tanking EV market, and rising national debt—perfect storm for economic crash? #Economy #RecessionWarning #DebtCrisis