This post points to several recent books on historic global inequality. “A Genetic History” by Carles Lalueza-Fox , “The Journey of Humanity: The Origins of Wealth and Inequality” by Oded Galor and “The Asset Economy and the End of Social Mobility” by Lisa Adkins, Melinda Cooper and Martijn Konings. But first a nod to the Dawn of Everything – A New History of Humanity by David Graeber and David Wengrow...
Tag: Nouriel Roubini
“Digital Corrections – will crypto save capitalism, and the FED ?”
The FED has no way of re-balancing or raising rates without crashing the markets. The FED doesn't want to take the blame. Not again. Even though the markets are crying out for a correction. There is no discipline. The level of incontinence is unprecedented. QE has got to stop. But how? One would like new … Continue reading “Digital Corrections – will crypto save capitalism, and the FED ?”
GameStop doesn’t stop the game
Collective insanity, insurgent revolt or just playing games? Who cares if we can all have a laugh at Mr Moneybags drop his shorts and reveal the entitled shrivel underneath. As Kenan Malik writes in The Guardian "Having been outgamed by a bunch of nerds, the titans of Wall Street did what all entitled people do. They … Continue reading GameStop doesn’t stop the game