Tagged: economics

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The One Percent

The total wealth of American households is estimated at more than $60 trillion. It is heavily concentrated in very few hands. A conservative estimate given the lifespans of Americans would be that 2 percent...

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This Is What A Singularity Looks Like

Too fast, too furious. The people operating these weapons of mass financial destruction are engineering intentional market instabilities by destabilising exchange operations through basically dDOS financial attacks and are simply rent seeking (by camping...

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Post-Post-Modern Capitalism

Finance is to our stagnant societies what the space race and the Cold War were to the Eastern Bloc countries of the 1970s and 80s – a huge cost that the state imposes on...

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Fancy an Appy?

Fancy an appy? That’ll cost you between $1,529 and $186,955. JAMA By comparison, hip replacement seems like a bargain at only between $10,000 and $125,000. JAMA

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Debt Crisis? No, Trust Crisis

Back in 2007/2008, when the Capitalist banking system collapsed generally and globally, most pundits at the time who were broadcast widely proclaimed it as a “liquidity” crisis. Simply step in to socialise the losses,...

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Social Oilocracy

A boom in oil has [generally] led to a decline, if not a complete devastation, of conventional businesses … in Britain in the 1980s, after North Sea oil was discovered, the British industrial economy...