Meraglim Blog

This Half-Billion-Dollar Cryptocurrency Nightmare Just Won’t Go Away

  You’ve probably heard about the Coincheck fiasco. Coincheck is a Japanese-based cryptocurrency exchange. The exchange was hacked and about $530 million of cryptocurrencies went missing. This caused the usual “run on the bank” as customers scrambled to withdraw their deposits. The exchange had to close its doors and prohibit customer withdrawals. This is similar

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Trillion-Dollar Deficits Are Coming to U.S. and No One in Either Party Cares

  Remember the “tea party” revolt in 2009–2010 against government bailouts and government spending? Remember the “fiscal cliff” drama of Dec. 31, 2012, when Congress raised taxes and cut spending to avoid a debt default and government shutdown? Remember the actual government shutdown in October 2013 as Republicans held the line against more government spending?

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What You Need to Know About a Crazy Election That Could Roil Markets

  Last year was an eventful one in terms of European elections and fears that a nationalist Trump-style wave of candidates could sweep into office. It never happened. The right-wing nationalist parties showed strength but were unsuccessful at gaining control of governments in Netherlands, France and Germany. A nationalist became chancellor of Austria in December

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The Death of Cash Is Coming Sooner Than You Think

  We’ve heard reports for years about the “death of cash.” Yet most savers and investors believe this is something for the distant future. It’s not; it’s happening in real-time, as this article shows. Sweden is the canary in the coal mine for a cashless society. But now Swedish authorities have become concerned that the trend

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