Latest Issues of #AxisOfEasy
By bailing out the sources of systemic fragility with trillions of dollars, the Fed has shifted the risk to the entire financial system and the nation’s currency.That the global economy is fragile is painfully obvious to all. What is less obvious …
Read it »And so we’ve reached the precarious state of disunion in which the only thing the warring elites can agree upon is that the Federal Reserve should rescue their private wealth, regardless of cost or consequences.America’s divides are proliferating and d…
Read it »Since superfluous demand was the core driver of most consumer spending, and that demand is in free-fall, what’s the upside of re-opening?The mainstream view assumes everyone will be gripped by an absolutely rabid desire to return to their pre…
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On April 22nd two doctors who run a private healthcare facility in California held a press conference and spent about an hour outlining why they think continuing the lockdown has become deleterious. Note that they both agreed the public policy track originally taken was the correct thing to do and that had they been in that position, they would have done the same.
Read it »Weekly Axis Of Easy #143 Last […]
Read it »Everything, including a rational, connected-to-reality, effective financial system, is on back-order and unlikely to ship any time soon.While the stock market euphorically front-runs the Fed and a V-shaped recovery, the reality is the crash has only ju…
Read it »Basing one’s decisions on analogs from the past is entering a fool’s paradise of folly.Like addicts who cannot control their cravings, financial analysts cannot stop themselves from seeking some analog situation in the past which will clarify the swirl…
Read it »When reality and truth become the sworn enemies of society’s political and economic elites, the society is well and truly doomed.The risks of Covid-19 and the lockdown have been explored across a wide spectrum of opinion. To hit just a few of too …
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This is the missing manual for protecting yourself from cancel culture and deplatform attacks. Now a free e-book download.
Read it »Pulling the sleeve down to hide the tracks doesn’t mean the addict is cured.Just for a change of pace, can we be bluntly honest about the U.S. economy? It’s difficult to do because we’ve chosen to ignore all the realities, much like a family that …
Read it »Sadly, as markets stall and crash, participants will still be in their seats thinking all is well.The tragic 2009 crash of Air France Flight 447 offers an apt analogy for the global economy and central bank-driven false signals. Flight 4…
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Things are moving quickly.
In the old adage “Never let a crisis go to waste”, governments everywhere are using the pandemic opportunity to: Rule by decree, Enact mandatory surveillance, Silence dissenting speech
Read it »Motif trading platform, which claimed to use data driven methodologies to enable the creation of thematic and “next-wave” portfolios (translation: they grep 10Q’s for keywords) has rather abruptly shut down. Their own advisors heard about it via Twitter. Yes, it did come with %FIRSTNANE%, who cares I guess… pic.twitter.com/3IuwpuBJQG — Hylland Capital (@HyllandCapital) April 18, 2020 They also had developed some “next generation thematic ETFs” like “human evolution reimagined” (SPTX), which were launched by Goldman…
Read it »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…
Read it »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…
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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”).
Read it »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…
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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…
Read it »Contributors
Mark E. Jeftovic
Mark is the co-founder of easyDNS and the editor-in-chief of #AxisOfEasy. He is the author of Managing Mission Critical Domains & DNS (Packt UK, 2018) and Unassailable: Protect Yourself from Deplatform Attacks & Cancel Culture.
The Canadian Bitcoiners
Joey Tweets and Len the Lengend are the hosts of The Canadian Bitcoiners Podcast, and you may recognize them as the voices (and faces) behing the AxisOfEasy Podcast. CanadianBitcoiners.com
Charles Hugh Smith
Charles Hugh Smith is the author of numerous books and writes from OfTwoMinds.com.