Latest Issues of #AxisOfEasy
Systemic Risks Abound
If you wanted to design a system guaranteed to collapse in a putrid heap, you’d make moral hazard ubiquitous and you’d make the system 100% dependent on a hubris-soaked faux savior. For the past 22 years, every time the stock market whimpered, wheezed or whined, the Federal Reserve rushed to soothe the spoiled crybaby.
#AxisOfEasy 197: Belarus Blogger And Journalist Snatched Off Of Hijacked Plane
Android apps leak data vs misconfigured cloud backends,
Personal security app plans private security response,
Belarus blogger and journalist snatched off of hijacked plane…this and more in this week’s Axis of Easy # 197
Fed to Treasury Dealers and Congress: We Can’t Count On You, We’re Taking Charge
The Fed sees itself as trapped by the incompetence and greed of the other players and by its own policy extremes that were little more than expedient “saves” of a system that is unraveling due to its fragility and brittleness.
FOMO Is Loco
We can also posit a general rule that those who inherit wealth and succumb to FOMO are eventually less wealthy while those who are wealthy and take a pass on FOMO / hoarding at the top of the manic frenzy increase their wealth.



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