Meraglim Blog
Bitcoin Bubble Looks Like NASDAQ Dot.Com Crash, Only 15 Times Faster.
Market bubbles are nothing new. In the 17th and 18th centuries we had the Dutch tulip bubble, the French Mississippi bubble and the UK’s South Sea bubble. The 19th century saw bubbles in canal building (1830s), gold (1869) and railroads (1890s). In the 20th and 21st centuries we have seen bubbles in Florida real estate (mid-1920s), stocks (late 1920s),
Another Cryptocurrency Comes Under Attack by a G20 Government.
Cryptocurrencies in all of their forms proliferated and gained a widespread following before governments woke up to how cryptos work and what they do. Now the period of free reign by cryptos is over. Governments have had sufficient time to learn about the crypto market and they don’t like what they see. Governments, central banks
I’ve Said for Years… The Fed Doesn’t Know What They’re Doing. This Proves It.
The Fed’s interest rate policy committee meets eight times per year, about every six weeks. In the days leading up to each meeting, and in the immediate aftermath, breathless TV commentators dissect the nuance of every word that comes from the mouth of a Fed governor or other voting member of the rate committee. Chairman
Forget Your FICO Score; How’s Your “Social Credit?” You’ll Need Some.
One of the most popular TV series lately is “Black Mirror” on Netflix, which offers dark comedy and social satire of the near future in the digital age. Episode One of the third season was called “Nosedive.” It tells the story of a young woman named Lacie who lives in a world where your social
One of the World’s Savviest Investors Sees a Debt Default Wave and Recession.
More and more the warnings of a credit crackup and economic pullback are not coming from the fringes but from the best known and most establishment voices in the financial world. The latest example is a warning from Scott Minerd described in this article. Minerd is the Chief Investment Officer of Guggenheim Partners, one of the largest
Trump Will Use the “Nuclear Option” on Trade
Trump Will Use the “Nuclear Option” on Trade