Latest Issues of #AxisOfEasy
Between a Rock and a Hard Place: Pandemic and Growth
There is no way authorities can limit the coronavirus and restore global growth and debt expansion to December 2019 levels.Authorities around the world are between a rock and a hard place: they need policies that both limit the spread of the coron…
While the Top 10% and the Fed Cheer Stocks Rebounding, the Bottom 60% Lose their Livelihoods and Lives
If you have any doubt that the Fed and Wall Street will some day be dismantled, please re-read this “real life in America” list again.The pandemic is a stark, brutal spotlight on income/wealth inequality in America: while the top 10% who own the m…
Quick: What’s The Difference Between Fake News and Hypernormalisation?
Before the current Coronavirus pandemic, the Canadian government took delivery of the Broadband Telecom Legislative Review. The 235-page report tabled 97 recommendations, most of them bad ones. Among them were provisions for requiring all content creators to obtain a license for operating from the government and “discoverability provisions” to force major tech platforms to emphasize “credible sources of news” over others (what the government calls “Approved Media”).
Future Fibre: Kaslo infoNet Society
In this midst of this pandemic, we’re finally recognizing the Internet as essential infrastructure (morally but not yet legally).
Overcapacity / Oversupply Everywhere: Massive Deflation Ahead
The price of a great many assets will crash, out of proportion to the decline in demand.Oil is the poster child of the forces driving massive deflation: overcapacity / oversupply and a collapse in demand. Overcapacity / oversupply and a collapse i…
Siri: What is a “Unicorn circle jerk”?
Carta, a unicorn that makes dashboards for managing equity investments in other unicorns is laying off staff and sniffing out a cash injection from existing backers. Bloomberg reports that the company is seekng a $200 million investment from existing investors at a $3 billion valuation, up from 1.8B last year. Somewhat incongruent with the “growth story” picture that normally garners such a sharply higher round, Carta is laying off employees. They just axed 161 people…
Latest Headlines
Latest Comments
Latest Tweets
Recent Comments