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BIS chief warns AI capex arms race relies on opaque debt, posing systemic risks

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2LAR Wire Desk (CoinDesk) Syndicated Wire Desk • Published 2026-09-10
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BIS chief warns AI capex arms race relies on opaque debt, posing systemic risks

Pablo Hernandez cited historical railway and dot-com bubbles to caution that spending driven by hype over actual profits risks broad economic corrections....

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