
AI borrowing slowdown raises questions about investor exposure
- Business & money
It's been a bit of a rocky week in tech markets, particularly for companies heavy on debt. We'll get into it on this week’s “Marketplace Tech Bytes: Week in Review.” Plus, the king of streaming, Netflix, announces plans to cut around 6% of its staff. And on Wall Street, AI skills could be your ticket to a raise. Here to discuss is Jewel Burks Solomon, managing partner at Collab Capital. More on this: AI borrowing slows as investors grow wary of debt binge — from the Financial Times <...
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Money decides what future becomes possible.
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Is this episode right for you?
B2 · Upper-intermediate
Comfortable if you already follow TV news
- 77% of the words are B1 or easier.
- 186 words a minute: natural, fairly fast speech.
- 96 harder words (B2 and up) in the whole episode.
Transcript
The opening of the episode. The whole transcript is in the player.
harder words (B2+)
Money ultimately decides what gets built, what survives. Money decides what future becomes possible. So change where money goes and who controls it, then you change what becomes possible. That's Trinity Tran, Ted Fellow and co-founder of the California Public Banking Alliance and Public Bank LA.
A public bank is owned by the people through their local government. And Trinity's spent nearly a decade pushing to make that a reality, from getting LA to pull its money out of a large-scale private bank, to helping pass the first-in-the-nation law letting California cities and counties
start their own public banks. The reason? Los Angeles just dealt with a devastating wildfire. So if we had a public bank, it would have been able to step in to offer immediate low-cost loans
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