For the last 20 years, analysts have known that this is an economy by and for the rich.
Economic Policy
Posted inEconomic Policy
Crypto Bank Machine Operators Swindle Seniors
Once described as the ‘AR-15s of the financial services industry,’ crypto ATMs remain a hotbed for scams targeting vulnerable communities. But third-party fraudsters aren’t the only ones laughing all the way to the bank.
Posted inEconomic Policy
What If There’s No AGI?
The technological struggles are in some ways beside the point. The financial bet on artificial general intelligence is so big that failure could cause a depression.
Posted inEconomic Policy
Trump Deal Lets Intel Move Factories Overseas, Sen. Warren Explains
In a letter to the Commerce Department, Warren blasts the actual deal between the Trump administration and Intel, even as she supports the concept of equity stakes.
Posted inEconomic Policy
The Shifting Anti-Monopoly Landscape
Fights over data centers and music venues show that resisting corporate power will have to go local in the age of Trump.
Posted inEconomic Policy
How Fast Fashion Keeps People Poor
Companies like Shein are using influencers to get Zoomers hooked on truckloads of shoddy clothing.
Posted inEconomic Policy
Judge the Actually Existing Trump Economy, Not the Theory
Equity stakes, loophole closures, and protecting domestic industries might make sense in someone else’s hands. Not from a president with no strategy or plan.
Posted inEconomic Policy
Injecting Crypto Into the Mortgage Market
Trump’s top housing regulator wants to allow crypto to be used as collateral for mortgages.
Posted inEconomic Policy
Trump Attempts to Take Over Fed
It won’t work, but it sure will rattle the economy.
Posted inEconomic Policy
Private Equity Ripped the Heart Out of Skateboarding
Multiple buyouts and bankruptcies have ruined iconic brands and hollowed out skateboarding culture. It’s our financialized economy in miniature.
