17 May 2018

Capricious Nature Of US Dollar Empire

"Trump's applying the same fuckuckta logic
to global trade and looking like an idiot."
Max and Stacy discuss the capricious economic and financial policies of the United States that are even leading European allies to consider alternatives to the SWIFT system upon which much global trade currently relies. As the US has increasingly used its authority over the payments system to economically punish competitors, enemies and allies alike, many wonder if a more stable trade system might be found in a more neutral decentralized system. In the second half, Max interviews Gabriel Abed of Bitt.com about the future of cash and whether a stablecoin can help the economies of the Caribbean and neighboring islands.



Max and Stacy compare the real data and future for fracking using actual balance sheet results and investor complaints on the absence of any profits as of yet. From Bloomberg and CNBC, headlines warn that fossil fuels face squeeze as the cost of renewables plunge and just as the surge in natural gas supply from fracking absolutely obliterated the entire coal industry, so too will solar do the same to fracking. And, when the fracking operators can’t even pay the interest on their ‘credit cards’ from revenues, the future in a rising interest rate world doesn’t look bright.  



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