Latest Issues of #AxisOfEasy
The New (Forced) Frugality
There are only two ways to survive a decline in income and net worth: slash expenses or default on debt.In post-World War II America, the cultural zeitgeist viewed frugality as a choice: permanent economic growth and federal anti-po…
The New (Forced) Frugality
There are only two ways to survive a decline in income and net worth: slash expenses or default on debt.In post-World War II America, the cultural zeitgeist viewed frugality as a choice: permanent economic growth and federal anti-po…
The Pandemic Is Accelerating the Breakdown That Began a Decade Ago
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…
The Pandemic Is Accelerating the Breakdown That Began a Decade Ago
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…
[Axis of Easy] Got A GPU Crypto-Miner? Repurpose It To Help Fight The Coronavirus
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 […]
Helicopter Money: Short-Term Relief Won’t Cure our Financial Disease
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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