THE TRUTH ABOUT: 8 - Caught on Camera

What will we get out of the AI boom? The data suggests lots of noisy, energy-hungry datacentres and not much else

Booms in investment usually lead to economic growth. But this one looks unlikely to translate into better living standards for Australians

The Guardian - AU · Aug 26

The $40 trillion national debt and the bond market's revolt: top Wall Street strategists explain how we got into this mess

David Kelly and Torsten Slok reached the same conclusion from opposite directions: with DC unwilling to touch the deficit, the bond market is the bad cop.

Fortune · Aug 26

Bitcoin consolidates near $79K ahead of US PCE, GDP Data; whales book record $1.2 billion profit in 3 days

Bitcoin traded near $79,000 on Wednesday as traders await key US PCE inflation and GDP data. While the broader trend remains bullish, rising profit-taking and resistance around $82,800–$83,000 could limit near-term gains. Short-term holder whales have booked a record $1.2 billion in profits over three days, adding to market caution.

The Economic Times · Aug 26

UK reports unexpected deficit of £1.8bn as John Healey prepares for first budget

July data shows total public debt was £2.98tn, or 94% of GDP – up £96bn on a year earlier

The Guardian - UK · Aug 21

‘Starve the beast’? The $40tn cost of Republicans’ false promises to cut spending

The enormous US debt under Trump will hobble the next Democratic administration – just as the GOP planned

The Guardian - US · Aug 20

India may lose $270 bn manufacturing GDP by 2035, $1 tn by 2047 without frontier tech: Report

India could miss a USD 5.1 trillion manufacturing GDP by 2047. Advanced manufacturing and frontier technologies are key to unlocking this potential. AI, automation, and digitisation will drive significant growth. India lags behind the US and China in deep-tech and semiconductor leadership. Adopting new technologies can add USD 1.1 trillion…

The Economic Times · Aug 20

Togo Joins World Bank's Higher Income Bracket as Five Other Nations Also Climb the Rankings While Others Stay Put

Togo's reclassification to lower-middle income status by the World Bank is driven by a revised population count, not economic growth, highlighting the influence of demographic data on global rankings.

International Business Times UK · Aug 19

GDP growth: A bit of 'window dressing?'

The recently announced 1.9% GDP growth figure for the second quarter of 2026 came as a big surprise to me. Not because the figure was low, but because it was far too high.

Bangkok Post · Aug 19

AI server boom funds $314 universal cash payout in Taiwan — President Lai Ching-te says the payout ensures the country's AI windfall 'can be shared by all,' 11% GDP growth and $903B export surge finance $7.4B dividend

Taiwan will hand roughly $314 USD in cash to every resident next year as a boon for the island's residents generated by the AI gold rush. The 2027 central government budget sets aside $7.4 billion USD for the dividend.

Tom’s Hardware · Aug 19

India's economic growth to slow to 6.8% in FY27 amid West Asia crisis, El Nino impact: Ind-Ra

India Ratings and Research has raised its FY27 GDP growth forecast to 6.8% from 6.7%, but expects growth to slow from 7.6% in FY26 amid inflation, rupee weakness and El Nino risks.

The Economic Times · Aug 18