"At its worst, for every £100 the banks had lent, if as little as £3 or £4 failed to be repaid, it might be enough to bankrupt them."
"Post-westphalian free market blocked from conducting transfers with financial institution investigated for potential top down fraud case related to the 2008 financial crisis" https://www.bbc.co.uk/news/business-51593639
The "average consumer" should be educated on different types of financial ownership by the state run media/financial press: custodial-legacy (Barclays), custodial-challenger (Revolut), defacto-custodial(arguably all…
This is correct but, crucially, not what was conveyed by the reporting on Binance in almost all of the major news outlets. For example the massively misleading previous headline "Binance banned in the UK" in the FT. The…
Articles with misleading or exaggerated information have been flowing from the British press on this topic and is clearly (sorry to use the funny jargon) a "co-ordinated FUD campaign". I'm no fan of binance but where…
Zombie economics
Of course I don't mean Edtech platforms that simply try to transfer universities online. There's something overcooked there that doesn't work imo.
https://www.youtube.com/c/thethoughtemporium/videos ^ basically the outcome of a section of a university from one person on a limited budget
Seems like there's an emerging paradigm for ignoring universities but still doing something of value in the "academic" space. This is just a dumb strategy but based on many examples I've seen recently. 1. Customise a…
Staying at home and playing video games/yield farm is the most incentivised activity right now. This liberal-moral capitalism breaks my heart sometimes lol. Reap what you sow!
Imo, Wyoming or Sweden not something in between. Most economies do something in between and outrageously favour maintenance of large stores of ultimately unworkable existing wealth.
This is probably true but only in the sense that someone designing and building something slightly larger than human scale objects is an architect period. Some of this magazine's readers will be shocked by this because…
"At its worst, for every £100 the banks had lent, if as little as £3 or £4 failed to be repaid, it might be enough to bankrupt them."
"Post-westphalian free market blocked from conducting transfers with financial institution investigated for potential top down fraud case related to the 2008 financial crisis" https://www.bbc.co.uk/news/business-51593639
The "average consumer" should be educated on different types of financial ownership by the state run media/financial press: custodial-legacy (Barclays), custodial-challenger (Revolut), defacto-custodial(arguably all…
This is correct but, crucially, not what was conveyed by the reporting on Binance in almost all of the major news outlets. For example the massively misleading previous headline "Binance banned in the UK" in the FT. The…
Articles with misleading or exaggerated information have been flowing from the British press on this topic and is clearly (sorry to use the funny jargon) a "co-ordinated FUD campaign". I'm no fan of binance but where…
Zombie economics
Of course I don't mean Edtech platforms that simply try to transfer universities online. There's something overcooked there that doesn't work imo.
https://www.youtube.com/c/thethoughtemporium/videos ^ basically the outcome of a section of a university from one person on a limited budget
Seems like there's an emerging paradigm for ignoring universities but still doing something of value in the "academic" space. This is just a dumb strategy but based on many examples I've seen recently. 1. Customise a…
Staying at home and playing video games/yield farm is the most incentivised activity right now. This liberal-moral capitalism breaks my heart sometimes lol. Reap what you sow!
Imo, Wyoming or Sweden not something in between. Most economies do something in between and outrageously favour maintenance of large stores of ultimately unworkable existing wealth.
This is probably true but only in the sense that someone designing and building something slightly larger than human scale objects is an architect period. Some of this magazine's readers will be shocked by this because…