Economics

  • by Tyler Durden
    US Middle Class Is Shutting Down As Spending By The Rich Remains Robust After dismal earnings by such mammoth retailers as Walmart, Targets and this morning's "horror report" by Abercrombie and Fitch, on Tuesday afternoon we actually got a solid report by Nordstrom, which not only printed strong earnings but also hiked guidance sending the […]
  • by Tyler Durden
    "You Are Living In A Fantasy Land!": Peter Schiff Eviscerates Ross Gerber In Debate Over Inflation Submitted by QTR's Fringe Finance  On Monday, I wrote about Mike Novogratz and the hubris of cryptocurrency bulls, many of whom are in the process of receiving their long-overdue shit-coin comeuppances. One of the things I pointed out in my article […]
  • by Tyler Durden
    Erdogan Blasts Greek Prime Minister For Lobbying US Against Turkey F-16 Sale Turkey-Greece relations are once again breaking down after Turkish President Recep Tayyip Erdogan has said this week he no longer recognizes the leader of neighboring Greece, further rejecting a planned summit wherein the two were set to meet. It marks the latest inter-NATO rift, […]
  • by Tyler Durden
    ESG Heresy Triggers Shock & Horror… And About Time! Authored by Bill Blain via MorningPorridge.com, “Life always finds a way…” HSBC is being pilloried for comments made by its’ ESG head, but what he said is worthy of consideration. Overly emotional ESG is a distortion that may be as dangerous as climate change denial. Perhaps […]
  • by Tyler Durden
    UK Braces For Internet "Blackouts" Due To Coming "Wave Of Bankruptcies" Internet "blackouts" as a result of a "wave of bankruptcies" in broadband networks could be on their way. British daily newspaper The Telegraph noted this week that certain smaller broadband suppliers are "being pushed to the brink" that that the effects of inflation could eventually leave […]
  • by Tyler Durden
    A New WHO COVID Report Once Again Proves Sweden Right Authored by Ian Miller via 'Unmasked' Substack, Throughout the pandemic, Sweden has faced an enormous amount of criticism and international pressure due to their willingness to stick to established public health principles and pre-pandemic planning. Instead of following the incessant, anti-science groupthink that became part […]
  • by Tyler Durden
    UK Backs Lithuania's Plan For Naval "Protective Corridor" To Lift Russian Blockade Of Ukraine Ports It's clear things are escalating fast over Ukraine when Western powers start rolling out phrases like "coalition of the willing" à la Iraq war speeches circa 2003. And now this from The Guardian: Britain has backed in principle a proposal by Lithuania for […]
  • by Tyler Durden
    18 Children, 1 Teacher Killed After Texas School Massacre; Biden To "Turn Pain Into Action" Twenty people are dead, including 18 children, a teacher, and the suspected gunman following an "active shooter" report at Robb Elementary school in Uvdale, Texas, according to Gov. Greg Abbott, making this the deadliest shooting at an American elementary school since […]
  • by Oliver Dale
    Railgun is a privacy-preserving protocol that allows users to engage in DeFi anonymously. The project is designed to shield both the user’s private information and the digital asset that is involved in the transaction from anyone following the transaction. It achieves this through zk-SNARK cryptography as part of the Railgun smart contract. The Railgun Privacy […]
  • by Nicholas Say
    Watch out world, eBay is ramping up for expanded blockchain and NFT operations. eBay Inc., the global ecommerce giant behind the leading online marketplace eBay, officially made a debut in the NFT space with the support of Canadian hockey legend Wayne Gretzky. The company announced Monday its partnership with OneOf, an innovative NFT platform for […]
  • by Nicholas Say
    Will blockchain-powered innovations extend beyond the scope of sport NFT collectibles? Deloitte says yes, in a new report (PDF). Aside from in-game NFTs, sports NFTs and fan tokens have huge potential and growth opportunities in the coming years. Deloitte emphasized the continuing digitalization of sports and the role of sport NFTs in advancing the blending […]
  • by Nicholas Say
    Welcome to the Myriaverse, one of the first pioneering blockchain gaming ecosystems. It provides an inclusive connection with multiple game publishers and other third parties. With Myria gamers and devs can join a full suite gaming metaverse and players can choose to join any games they like. At the moment, the market is still dominated […]
  • by Nicholas Say
    The LUNA crash, the Terra disruption, and the ongoing market instability have all impacted the way people are thinking about blockchain. Despite market uncertainty, one thing is certain: Ethereum’s full upgrade to Proof-of-Stake is still in the works, and the Merge is expected to take place in August if everything goes as planned. Ethereum is […]
  • by Nicholas Say
    SeaCoast is a digital platform that manages content and services related to the coast and the marine sector. Its purpose is to not only provide any user with resources and tools to help them enjoy their leisure time completely but also generate their own economy through augmented reality technologies. While adopting edge-cutting technologies like blockchain […]
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