Latest Issues of #AxisOfEasy
Extremes Get More Extreme, But Everything’s Fine
Extremes keep getting more extreme, but for those at the top of the heap, it’s all fine. For everyone else slipping down the ladder, all that FINE adds up to Fragile, Insecure, Nonsensical, Expensive.
Over the Falls: Credit, Collateral, Risk, Asset Valuations
Together, these factors generate a self-reinforcing cycle of debt saturation, declining collateral and credit contraction.
#AxisOfEasy 294: TikTok Facing £12.7M Fine From ICO For Regulatory Issues For The Use Of Children’s Data
TikTok facing £12.7M fine from ICO for regulatory issues for the use of children’s data,
The evolution of the Lazarus group’s DeathNote campaign,
Microsoft Releases Set of Security Updates to Patch 97 Flaws Impacting its Software, Including Active Ransomware Exploit … this and more in AofE #294
The Housing Bubble: Owners Trapped by Low-Rate Mortgages, Buyers Thwarted by High-Rate Mortgages
Who’s left to buy overvalued houses? Too few to prop up bubble valuations. If as many posit the Federal Reserve has an unstated mandate to generate a “wealth effect” by propping up housing, they’ve managed to create a no-win situation.
This Housing Bubble Is Different: It’s Much More Precarious
And what happens next? Bubble symmetry: valuations fall at the same rate as they rose, declining back to the starting point over a roughly equivalent time duration.
#AxisOfEasy 293: Clearview AI Admits To Nearly 1 Million Uses By US Law Enforcement
Clearview AI Admits to Nearly 1 Million Uses by US Law Enforcement,
Discover the secret location of the Bitcoin whitepaper on your MacBook,
British Privacy Watchdog Issues 12.7m Pound Fine on TikTok Over Children’s Digital Safety … this and more in AofE #293
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