If you’ve had anything to eat in the last few years, surely you’ve experienced sticker shock. I knew there was something up when I couldn’t do a modest grocery run without my pocketbook being lightened by over two hundred bucks. As for restaurant food, even proletarian chow like burgers and fried chicken is starting to become rare indulgences for anyone without a comfortably bougie income. What’s up with that? (more…)
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The last year has seen the price of a Bitcoin (BTC) crash from $69,000 to just under $16,000, a decline of approximately 77%. This is par for the course with Bitcoin, which usually has enormous 80-90% crashes every four years, with a number of smaller, 25-50% crashes occurring in between.
But as with each cycle, there are distinguishing features that set them apart. In this case, Bitcoin has matured into an asset that now has very liquid futures markets, as well as much wider mainstream adoption. In any gold-rush industry, there are people who use the rampant speculation to make a quick fortune and then exit stage left. (more…)
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What is it to live as a European,[1] in this new world which has replaced the one our parents knew? Everything is ugly. A wrecking-crew has moved among the institutions of the West and replaced them with the flimsiest of stage sets. A limitless flow of aliens crosses our borders. Our cities are filled with strangers. (more…)