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Latest Issues of #AxisOfEasy

The Pandemic Is Accelerating the Breakdown That Began a Decade Ago

March 25, 2020

The feedback loop has reversed: by saving more, people will spend, borrow and speculate less, draining the fuel from any broadbased expansion.In eras of confidence and certainty, people save less and spend more freely. When we’re confident that go…

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[Axis of Easy] Got A GPU Crypto-Miner? Repurpose It To Help Fight The Coronavirus

March 25, 2020

Weekly Axis Of Easy #138 Last Week’s Quote was  “There are decades when nothing happens, and then are weeks when decades happen”,  I thought it was Lenin, but it turns out it could be apocryphal. James Candon was first with Lenin, but Luke McCarthy dispelled the assumption. We’re awarding it to both of them.  This Week’s […]

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Helicopter Money: Short-Term Relief Won’t Cure our Financial Disease

March 23, 2020

The collateral supporting the global mountain of debt is crumbling as speculative bubbles deflate.A great many freebies are being tossed in the Helicopter Money basket. That households experiencing declines in income need immediate support is obvious, …

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The System Will Not Return to "Normal," and That’s Good; We Can Do Better

March 21, 2020

Essential home lockdown reading.The pandemic is revealing to all what many of us have known for a long time: the status quo was designed to fail and so its failure was not just predictable but inevitable.We’ve propped up a dysfunctional, wast…

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The Global Repricing of Assets Can’t Be Stopped

March 18, 2020

All bubbles pop, period.The financial elites are pushing a narrative that asset prices, sales and profits will all return to January 2020 levels as soon as the Covid-19 pandemic fades. Get real, baby. Nothing is going back to January 2020 levels. …

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[Axis of Easy] World’s Most Powerful Supercomputer Tasked With Finding COVID-19 Vaccine

March 17, 2020

Weekly Axis Of Easy #137 Last Week’s Quote was “We are all Keynesians now” was a trick question! Richard Nixon is frequently attributed with saying this when he took the USD off of Bretton Woods, but what he actually said was “I am now a Keynesian in economics”.  The quote itself was Milton Friedman This Week’s Quote: “There are decades when nothing happens, […]

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