Latest Issues of #AxisOfEasy
There’s No Bottom Until Frenzied Speculation Turns to Dust
Only when speculative sizzle attracts no buyers / marks will the bottom be in. There hasn’t been a truly organic bottom in stocks in decades. Fifteen years of relentless central bank manipulation since the 2008-09 Global Financial Meltdown has persuaded punters that central banks will always save us should the market turn down because relentless central bank suppression of interest rates and expansion of liquidity a.k.a. free money for financiers are now necessary and thus predictably permanent.
FTX: The Dominoes of Financial Fraud Have Yet to Fall
Once assets are revealed as worth far less than claimed, insolvency is the inevitable result. If you haven’t plowed through dozens of post-collapse commentaries on FTX, I’m saving you the trouble: here’s a distillation of what matters going forward.
#AxisOfEasy 272: Concern Over Rise In Number Of Phishing Attempts: Dropbox Breach Of 130 GitHub Repositories
Concern over rise in number of phishing attempts: Dropbox breach of 130 GitHub repositories claimed as latest victim,
Robert McElvaine wants newspapers and the media to choose sides in this election,
Man who had $3.36 billion in Bitcoins stashed in his home, found by the police, … this and more in AofE #272
Where Crypto Went Wrong
You want to fix the world with finance? Then fix this: wages’ share of a financialized, globalized, speculative-bubble dependent economy have been falling for decades. Fix this and you really will change the world. Anything less changes nothing.



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