This is probably right behind Enron in terms of bank failures. The tech sector already has been hit hard lately, and now this?!

"Peter Thiel has emerged as the biggest funder in MAGA-land. He’s tied as the largest individual donor to Republican politics this election cycle."

On-chain demand and other metrics suggest that the 2020 rally was driven more by institutional hedge funds, _...Read More_

'Better than nothing': The US US$900 billion COVID-19 stimulus helps but underwhelms

Tiktok goes beyond just entertainment, many are there for different lessons, tips on _...Read More_

Gaps exist ... let’s learn to close them TOGETHER >"Economic equality is crucial to racial equality. But at nearly every stage of their lives, black Americans have less than whites."

"In the now infamous debacle of the Boeing 737 MAX, the company produced a plane outfitted with a half-assed bit of software programmed to override all pilot input and nosedive when a little vane on the side of the fuselage told it the nose _...Read More_

The characteristic of the shift over the past half-century is that of a structural change that despite provoking a series of crises, has not been effectively addressed. The result has been a widespread increase in inequality, interlinked _...Read More_

This article by the NYT with the 60 Minutes on money laundering piece starts to put banks in the crosshairs of money laundering activity. A free press is a fundamental component of Democracy, and the Times has something here that could _...Read More_

“Goldman’s dress code is that you should dress the way you’re supposed to dress at Goldman. If you have to ask, etc. The difference between a middling banker and a great one is this sort of tacit knowledge.”

"HSBC Holdings Plc (HSBA.L) said on Monday it has performed the world's first trade finance transaction using a single blockchain platform, in a push to boost efficiency in the multi-trillion-dollar funding of international trade."

"The building looks abandoned, but inside the graffiti-covered door, 200 workers tap at laptops with the goal of reshaping the world."

"The aim is pacification, not liberation. A universal basic income is, in the most cynical sense, a subtle kind of doomsday prep for the tech billionaire, a means to diffuse the revolutionary potential of the working class by supplying them _...Read More_

“And why the struggle for a new economic paradigm is about to get real.” [#economy](/relevant/new/economy) [#economics](/relevant/new/economics) [#energy](/relevant/new/energy) [#finance](/relevant/new/finance) [#environment](/relevant/new/environment)