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Issues

When You Put Too Many Eggs in One Basket…

July 23, 2022

Greed is good until all the vulnerabilities and fragilities of systemic risk asymmetries manifest. When you put too many eggs in one basket, you create systemic fragility: if anything knocks that basket over, the loss is so overweighted that the entire system unravels. Why do we put too many eggs in one basket?

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Why the Labor Shortage Isn’t Going Away

July 20, 2022

It’s getting hard to fill toxic low-pay jobs, and that’s not going to change. The nature of work and the labor market are changing in ways few discern or perhaps are willing to discern because these changes are disrupting the exploitive system they want to remain unchanged.

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#AxisOfEasy 255: CRTC Chair Ian Scott Confirms Bill C-11 Can Be Used To Pressure Internet Platforms To Manipulate Algorithms

July 19, 2022

CRTC Chair Ian Scott Confirms Bill C-11 Can Be Used To Pressure Internet Platforms to Manipulate Algorithms,
The Chinese surveillance state encounters resistance from the public,
Federal agencies warned healthcare organisations about North Korean ransomware attacks … this and more in AofE #255

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The Real Policy Error Is Expanding Debt and Calling It "Growth"

July 18, 2022

Waste is not growth, and neither are the unlimited expansion of debt and speculative bubbles. The financial punditry is whipping itself into a frenzy about a Federal Reserve “policy error,” which is code for “if the music finally stops, we’re doomed!”

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The Only Real Solution Is Default

July 15, 2022

The destruction of ‘phantom wealth’ via default has always been the only way to clear the financial system of unpayable debt burdens and extremes of rentier / wealth dominance. The notion that the world could always borrow more money as long as interest rates were near-zero was never sustainable.

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US Dollar Strength: "Unintended Consequences" Or "The Empire Strikes Back"?

July 13, 2022

How unintended can these consequences be? My guess: not very. A great many people got the U.S. dollar trade wrong. The conventional view held that “printing money”, i.e. expanding the supply of money, would automatically devalue the currency.

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Contributors

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Mark E. Jeftovic

Mark is the co-founder of easyDNS and the editor-in-chief of #AxisOfEasy. He is the author of Managing Mission Critical Domains & DNS (Packt UK, 2018) and Unassailable: Protect Yourself from Deplatform Attacks & Cancel Culture. 

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Jesse Hirsh

Futurist, researcher and public speaker, Jesse Hirsh has been active in technology and commenting on it across the media for 25 years. His premium newsletter service operates from Metaviews.ca.

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Charles Hugh Smith

Charles Hugh Smith is the author of numerous books and writes from OfTwoMinds.com.