Doom pornographers often enjoy posting terrifying tweets of the monstrous Jupiter sized derivatives market. The bubble boys love to post how any day now one of these banks with too much exposure to derivatives will…
The greatest misunderstanding on finance Twitter is central bank lingo. For the past decade and a half tweeps have been yelling that quantitative easing QE is going to cause hyperinflation and the end of the…
After the recent FTX collapse I want to return attention to what really is the underlying problem with the entire crypto ecosystem, namely the lack of real liquidity. This was brought on by the introduction…
We’ve lost interest in democracy and have become enamored with the glamour of technocrats and kleptocrats abetting the rise of modern-day fascism. If you really would like to understand how far right the United States…
The Saturn V moves at one mile per hour down the crawlerway toward pad 39A. Image NASA. Mind me, deficits do matter, but not at this critical moment… Who wouldn’t want to finally end the…
The New York stock Exchange NYSE It isn’t so much that democracy is at stake as much as reputation. (He will go.) It’s our credibility and institutions that define us as the world’s financial hub.…