Genius Act: This New US Crypto Law Could Pave the Way for the Next Global Financial Crisis
On top of the leverage bombs in the US and other financial systems, the embrace of crypto, specifically stablecoins, is another systemic risk
Read more...Category Archives: Ridiculously obvious scams
“The Pandora’s Box Has Been Opened”: Von der Leyen Faces Impeachment Risk
EU Commission head Ursula von der Leyen is (finally) in some trouble. How much of a sweat does she need to break to survive?
Read more...Broligarchs Demand Silicon Valley Bank 2.0: What Could Go Wrong?
It seems no idea is too stupid not to get a following. This one is to recreate Silicon Valley Bank, a standout failure.
Read more...CalPERS Retiree Group Launches GoFundMe for Investigation on Private Equity Fees
CalPERS retirees are raising funds to have a big go at private equity fee secrecy. Please chip in if you are a California taxpayer!
Read more...Cow Most Sacred
Why military spending remains untouchable.
Read more...The Millionaire Exodus Myth
Millionaires are not fleeing countries to escape taxes.
Read more...The Dark Side of Ecotourism: When Green Travel Exploits People and the Planet
As luxury eco-retreats and voluntourism surge, experts warn that without systemic reform, ecotourism may be doing more harm than good.
Read more...On the Accelerating Decline in US Medical Training, and With It, Doctor Competence
A warning to US readers on the further degradation in medical training and resulting crapification of care.
Read more...Coffee Break: Nihilists at Google Wrecking Existing Business to Chase AI Growth
Nihilism on the part of Alphabet’s CEO explains Google’s willingness to risk its search business and the open web itself to chase OpenAI.
Read more...The Senate GOP’s Great Western Land Heist
A buried budget clause could force the largest public land sell-off in modern history, without a vote, a hearing, or a warning.
Read more...NATO’s Procurement Corruption Scandal Might Delay Its Rapid Militarization Plans
Yves here. Yet another example of European values in action! A corruption scandal in Aisle 5! While this procurement abuse is not all that big an impediment to European NATO members bulking up their armed forces, say compared to voters not being on board with baked-in social spending cuts, the lack of an industrial base, […]
Read more...Coffee Break: Healthcare and the State of Science, Plus Baseball and Abundance
Part the First. How Did the United States Get This Healthcare System? I distinctly remember the first time this question occurred to me, because as the child of a union household a visit to the doctor or the Emergency Room (trees were made to fall out of) was never a problem. I was twenty years […]
Read more...Generative AI in Universities: Grades Up, Signals Down, Skills in Flux
Yet more confirmation that student use of AI comes as the expense of skill acquisition. So why get educated?
Read more...‘Not Accountable to Anyone’: As Insurers Issue Denials, Some Patients Run Out of Options
Health insurers are behaving even more badly, yet advocates do not seem to be pushing for the remedy of external appeal for denials.
Read more...Yanis Varoufakis: The Economics of Europe’s Descent into Warmongering
The long path that has led Europe to see big defense spending will be a lifeline, hence the need to stoke war fever.
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