Eines der größten und erfolgreichsten Videospiele aller Zeiten hat gestern seine Position zu NFTs veröffentlicht. In einem offiziellen Blogpost heißt es, dass Minecraft NFTs weder unterstützt noch erlaubt. Eine Integration des Marktes ist damit in weite Ferne gerückt. Crypto News: Keine NFTs im Minecraft UniversumDie Nutzungsbedingungen des Spiels wurden dementsprechend erweitert. Wörtlich heißt es:[…] we wanted to take the opportunity to share our view that...
Read More »Why the Labor Shortage Isn’t Going Away
It’s getting hard to fill toxic low-pay jobs, and that’s not going to change. The nature of work and the labor market are changing in ways few discern or perhaps are willing to discern because these changes are disrupting the exploitive system they want to remain unchanged. But refusing to discern change doesn’t stop change. It just leaves us unprepared to deal with fast-changing realities. There are multiple systemic reasons why work and the labor force are...
Read More »Swiss customs crack down on fake medicinal imports
Two thirds of the illegal shipments of medical products contained potency preparations for men. Keystone/Alessandro Della Bella Switzerland’s customs and border security authorities have seized more than 230 packages of illegally imported counterfeit medical products. The confiscations were conducted during a week-long international campaign in June against the illegal online trade in fake medicines. Two-thirds of the illegal shipments contained counterfeit erectile...
Read More »Inflation Crisis 2022 – Marc Faber Interview (Full)
Tune into GoldCore TV where we have just released the full, frank and direct interview with Dr. Marc Faber of the Gloom, Boom, Doom Report in a no-holds barred interview. Following on from the excerpts shown on last week’s The M3 Report we have today released the full interview with the highly-respected veteran of the investment space. Dr. Faber chats inflation, the downfall of central bankers and the war against Putin. Also, find out what the best advice he ever...
Read More »Contrary to Public Myths, Rent Control Hasn’t Been a Success in Sweden
Sweden’s rent control is widely touted by many who don’t understand economics as a model for how a property market should work. Young people in Ireland, for example, like to point to Sweden as a nirvana where rent control ensures easy availability of affordable and high-quality rental stock. I was once told by a young work colleague with strong socialist tendencies that they could move to Stockholm and get a high-spec modern apartment for a mere pittance compared to...
Read More »Parity hysterics: What it means and what it doesn’t – Part II
Part II of II, by Claudio Grass, Hünenberg See, Switzerland “Reverse currency wars”? Although the parity event may have captured the attention of the mainstream financial press and most western citizens, there’s a much bigger shift that has been going on in the background, which received much less coverage. We are all familiar with the concept of a currency war. In essence, it is basically one of the most crude examples of governments colluding with their central...
Read More »Calm before the Storm?
Overview: The biggest rally in the S&P 500 in three weeks helped lift global equities today. The MSCI Asia Pacific index rose for the third consecutive session, the longest streak this month. Europe’s Stoxx 600 is up for a fourth day and is at its best level since mid-June. US futures are firmer. The rally in equities has not spurred a rise in rates. The US 10-year yield is back below 3%, and European benchmark yields are mostly 5-8 bp lower, though signs that a...
Read More »The Real Policy Error Is Expanding Debt and Calling It “Growth”
Waste is not growth, and neither are the unlimited expansion of debt and speculative bubbles. The financial punditry is whipping itself into a frenzy about a Federal Reserve “policy error,” which is code for “if the music finally stops, we’re doomed!” In other words, any policy which reduces the flow of juice sluicing through the sewage pipes of the financial system (credit, leverage and liquidity–the essential mechanisms of financialization and globalization)...
Read More »Ask Bob: Is Maxing Out Your 401k A Good Investment Decision?
Since the beginning of 401(k) plans in 1978, people have considered it to be the quintessential retirement plan—you get to save money before taxes and in most cases, the company puts money into your account, too. What could be better than that? But now, 44 years later, it’s time to take a broader look at 401(k)s that considers taxes on 401(k) distributions. 401(k)s certainly have a place in your investment plan. Most employers offer some kind of match up to a...
Read More »No Need to Meet With Dictators
By now, most everyone knows about President Biden’s famous “fist bump” with Crown Prince Mohammed bin Salman, the Saudi dictator who has been accused of orchestrating the brutal murder of Washington Post columnist Jamal Khashoggi when he visited a Saudi consulate in Turkey. The fist bump took place during Biden’s trip to Saudi Arabia to meet with bin Salman. Biden supporters claim that meeting dictators is sometimes a necessary part of being president. Since Saudi...
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