As in 1929, we are entering a period of crisis. Now, as then, the root of the problem is not technical, financial, or economic, but moral
Categories: Data Science Article Count: 5 Security and Privacy Article Count: 2 Tech and Society Article Count: 7 Economics and Finance Article Count: 6 Development Article Count: 4 Humanity, Spirituality, Morality Article Count: 1
Like nearly everything else Donald Trump said this week, 'this is not a financial crisis' is a lie. Can a crippling crisis be averted, when the markets are losing faith in the Fed's ability to provide meaningful intervention?
Prepare for everything to change. We are witnessing widespread systemic collapse - the accelerating, interrelated breakdown of multiple subsystems, failures of which are compounding on one another. This could be the beginning of the end.
WeWork may be a particularly egregious example, but even some of the most established and valuable companies are pulling the wool over our eyes, distracting us with shiny objects, and making us believe in value where there is none.