Everyone who has known, or even just sensed, that the same economy which determines whether or not we get a new iPad or just food on the table or an eviction notice for unpaid rent (or my personal favorite, thousands of dollars of medical costs on a credit card to pay off) is actually based on a whole lot of behind-the-scenes shell games is, of course, totally correct.
Yes, your life and mine are routinely gambled with by our good friends The Masters of the Universe.
Here's a good description of some of the mortgage shenanigans -- just for some light reading! Put on your detective hat to follow these trails of fraud and other low-ethics kinds of dubious financial practice.
Shocking Fraud from Financial Scum
Stablecoins competing with banks?
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Another concern is that stablecoins could displace bank deposits and
undermine commercial banks. Many banks are taking steps to “tokenise” their
deposits...
8 hours ago
