Move Fast and Break Everything: Crypto and the Democrats
How the Democrats brought crypto back from the dead after the FTX collapse and how weak oversight harms consumers and produces systemic risk.
Read more...Category Archives: Payment system
Satyajit Das: Stablecoins – Invention Looking For A Problem?
Satyajit Das sets forth the very strong case against stablecoin.
Read more...“BRICS Are the New Defenders of Free Trade, the WTO, the IMF and the World Bank” and Support Genocide by Continuing to Trade with Israel
Discussions of how BRICS is not living up to its lofty promises and is on the path to supporting neoliberalism and hegemony in new clothes
Read more...Michael Hudson: Who Writes the New Rules as Power Shifts Away from the US?
Michael Hudson discusses many of the responses to the US loss of economic dominance, from Europe’s self-immolation to China’s lending.
Read more...Trump’s Impact on the Financial Sector and Global Dollar System
A wide-ranging review of how unccordinated Trump policies undermine the dollar and the international banking system, and even each other.
Read more...“Could 2008 Happen Again?”
Private debt levels, particularly for real estate, look evocative of the 2008 crisis. But how is a rerun likely to differ?
Read more...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...Crypto Crooks Now Eating Their Own as Crypto Holders Targeted in Crime, Even Violent; Coinbase “Hack” an Inside Job, and Highly Damaging to Wallet-Holders
Crypto crirme, particularly violent ones like finger-choppings, are increasing. This should not be much of a surprise.
Read more...Trump Executive Order Calls for End of Paper Checks for Taxpayer and Government Payments by Sept. 30; Industry Official Snort About Deadline; What About User Payment Charges?
Trump has mandated a Mission Impossible: getting rid of paper checks for Treasury receipts and payments by September 30
Read more...Yanis Varoufakis: Crypto’s Role in Trump’s Economic Masterplan (With Special Emphasis on Stablecoins)
Might there be more method in Trump’s crypto and dollar madness than most assume?
Read more...The Far-Right and the Crypto Scam
How Trump and his allies use crypto to rig the rules of the game in their favor and fleece rubes.
Read more...The GENIUS Act: Setting the Stage for a Federal Bailout When Stablecoins Become Insolvent
Why the GENIUS Act does not live up to its pretenses of making stablecoins safe, thus setting the stage for a Federal bailout.
Read more...DOGE Taketh Away From the Many as Trump Pays Off Crypto Bros With New “Strategic” Fund, Above All, Crypto Czar David Sacks
We warned that crypto was closely aligned with criminal activity. The open grift of the new “strategic” Trump fund proves that case.
Read more...Jane D’Arista on How the Failure of Global Finance Is Systemic
Jane D’Arista describes the internationalization of finance and how is has produced not just crises but fundamental economic distortions
Read more...US Secondary Sanctions “Have Seriously Damaged” Russia-China Bilateral Cooperation
Russian experts say US secondary sanctions are damaging Russia-China commerce. But their solutions don’t seem to be close to implementation.
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