As events at the stock market/internet interface have shown this week, the concept of Wall Street as a free and fair way to manage the world’s finances is a complete scam. Non-Regulation Is a Myth There is no such thing as a free market, just the same as there is no such thing as free…
Tag: stock market
Social Commentary
Stock Market Soars!
by renaissanceadmin • • 0 Comments
Just in case you ever thought that the vagaries of the stock market had anything to do with the economic health of the country or anything to do with your life, look at the financial pages these days. Economic Situation I suppose you noticed, the world is in the middle of a disaster. And besides…
Social Commentary
#MeToo or Bitcoin: Which Will Crash First?
by renaissanceadmin • • 0 Comments
Two movements have been gaining momentum over the last six months or more. Both are fueled by that blind enthusiasm with which the human race dives onto the nearest bandwagon. Both have lasted far longer than anyone expected. Both have a slim chance of lasting forever and changing the lives of billions. And both have…
Social Commentary
Bitcoin: the Latest Pyramid Scheme
by renaissanceadmin • • 0 Comments
Let’s say I come to you and offer you a “sure thing” investment. It involves buying certain items with no intrinsic value, but I promise they will soon become very valuable. For the small investor, all you have to do is buy shares, sit back and rake in huge profits. For the major investor, it…