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‘Dr. Doom’ Nouriel Roubini Warns of Looming Banking Crisis and Trilemma for Central Banks
3.4.2023
Economist Nouriel Roubini has shared his opinion about bank problems in the United States in a recently published opinion editorial. In the article, Roubini insists that “most U.S. banks are technically near insolvency, and hundreds are already fully insolvent.” Roubini:...
US Seizes 18 Crypto ATMs Purchased Using Fraudulent SBA Loans — Arrests Owner
27.3.2023
U.S. law enforcement has seized 18 cryptocurrency ATMs that were purchased using fraudulent loans from the Small Business Administration (SBA) meant to assist small businesses financially harmed by the Covid-19 pandemic. The loans were also used to purchase bitcoin from a New York-based...
‘Next Round of Bailouts Is Here’ — Bitcoin and Precious Metals Soar Amid Speculation of Fed Policy Change
17.3.2023
At around 7:30 a.m. ET, the price of bitcoin skyrocketed past the $27,000 range to a high of $27,025 per unit. Precious metals, or PMs, like gold and silver, also rose between 1.98% and 2.12% against the U.S. dollar over the past day. While many market observers are wondering why specific assets...
Expert Warns of Possible Deflationary Depression as Money Supply Contracts: ‘Pay Attention to QT and the Money Supply’
9.3.2023
During the Covid-19 pandemic, central banks such as the U.S. Federal Reserve loosened fiscal and monetary policy. Now, these same financial institutions are seemingly engaging in quantitative tightening (QT) practices. According to Nick Gerli, CEO and founder of Reventure Consulting, “the...
Trezor Takes Control of Chip Production for Enhanced Security and Faster Production Time
27.2.2023
Trezor, the manufacturer of crypto hardware wallets, has announced that it will take control of its wallet chip production process by producing its own silicon chips. The company states that the newly designed “chip wrapper” will enhance device security and considerably shorten lead...
Market Strategist Michael Wilkerson Believes US Inflation Could Rise to 12% by Year-End Despite Predictions of Decrease
26.2.2023
While several market strategists and analysts expect U.S. inflation to drop considerably in 2023 compared with last year, Michael Wilkerson, founder of Stormwall Advisors, thinks the inflation rate could climb as high as 12% by the end of this year. The country’s inflation rate has cooled down over...
After Five Years, Gloomhaven Loses Top Spot On BoardGameGeek's Charts
22.2.2023
While they are not a hard science, and should be viewed with as much scepticism as (video) gamers would look at a site like Metacritic, it cannot be denied that the user ratings on BoardGameGeek play a huge part in helping people choose which board games to buy, play and/or argue about.Read more
Activision Blizzard Is Forcing Workers Back To The Office
15.2.2023
While the worst of the pandemic is clearly over, a few years of getting people to work from home has shown that a lot of folks are happier, and even work better, if they get to do it where they live. So decisions to force employees back into the office are understandably going to be met with...
The Last Of Us Makes For Good TV, But It’s A Tough Watch After A Real Pandemic
18.1.2023
I’m barely a minute into the premiere episode of HBO’s TV treatment for The Last of Us and I’m already uncomfortable. No one’s died yet, and no one’s speaking in a cringe-worthy Texas accent, but as two experts chat about the threats to human society from airborne illnesses, I realize that I’m...
FTX Donations to Early Covid-19 Researchers Raise Questions of Propaganda Tied to Pandemic Prevention
12.1.2023
While the former CEO of FTX, Sam Bankman-Fried, awaits his trial at the end of the year, reports indicate that the company donated millions of dollars to early Covid-19 researchers. The research was reportedly used to cast doubt on specific treatments, such as the use of ivermectin...
Fortnite's Plague Doc Skin Is Back After Three Years, Fans Blame COVID
11.1.2023
Yesterday, after 1,410 days (or 3 years and 10 months) the Grim Medicine cosmetic set—complete with the popular Plague Doctor skin—returned to Fortnite’s in-game store, letting players buy it for the first time since the start of the covid-19 pandemic. And many believe it was the pandemic itself...
Indicted FTX Co-Founder Sam Bankman-Fried Discussed ‘Pandemic Prevention’ With Biden Administration Officials
4.1.2023
According to public filings, former crypto billionaire and FTX co-founder Sam Bankman-Fried met with senior Biden administration officials before he was indicted for financial fraud. When asked about the visits, White House press secretary Karine Jean-Pierre told the press the meetings involved...
SBF met with Biden's senior advisors 2 months before FTX collapse: Report
30.12.2022
The FTX founder met with senior White House officials at least four times in 2022
ECB Hikes Interest Rates by 50bps; Signals Need for Further Hikes to Fight Inflation
16.12.2022
The European Central Bank (ECB) decided to hike three of its key interest rates by 50 basis points (0.5%) as part of its ongoing war against inflation. The organization stated that further increases are likely to happen “because inflation remains far too high and is projected to stay above...
Remote work triggers move to DAOs in the post-pandemic world: Survey
9.12.2022
A survey from a sample of the general U.S. public suggests that millennials are more likely to join a DAO than any other age group
Battlefield 2042's Season 3 Makes A Good Game Slightly Better
25.11.2022
The last time we took a look at Battlefield 2042, the belagured online shooter had just released its second major update and was, finally, starting to feel like something approaching a finished video game. With Season 3 out this week, it’s now even closer.Read more
Washington Post, Forbes, Wall Street Journal Slammed for ‘Puff Piece’ Reports on FTX and Alameda Execs
20.11.2022
Following the highly criticized New York Times article that features commentary from the former CEO of FTX, Sam Bankman-Fried (SBF), the public continues to give the mainstream media flak for publishing “puff pieces” about SBF and the Alameda Research executive Caroline Ellison. A number...
Bank of America and JPMorgan Say US Economy Is Doing Well, Consumers Are in Good Shape Despite Inflation
19.10.2022
Bank of America CEO Brian Moynihan and JPMorgan & Chase CEO Jamie Dimon both agree that the U.S. economy is doing well and consumers are in good shape. “The consumers basically have more money in their accounts by multiples than they did pre-pandemic,” said the Bank of America...
A Plague Tale: Requiem’s Rats Rule, But The Bugs Are Less Welcome
18.10.2022
Often, when I’m walking through Brooklyn, the sweating black garbage bags on the sidewalk start moving. There’s a pattering sound coming through the plastic. Then a fat pink tail or a snout pops out, or there’s a flash of matted, greasy gray fur and I yelp with recognition: it’s a fucking rat. Read...
Fed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits $31 Trillion
5.10.2022
A recently published forecast stemming from the Federal Reserve Bank of Cleveland’s Inflation Nowcasting data indicates upcoming U.S. consumer price index (CPI) metrics will likely be elevated. The newly predicted CPI levels were recorded the same day America’s gross national debt...