“Facebook had to borrow $100 billion the other day in order to finance the investment in data centres. And what they’ve tried to do is shift that off balance sheet, so that we don’t see that […] they’ve now run out of cash and they’re borrowing money. And that’s a sure sign that Facebook has over reached itself.” Ash Sarkar talks to economist Ann Pettifor, who predicted the 2008 financial crisis, the AI bubble. Watch the full episode of Downstream on our YouTube channel.

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