Independent thinking for complex markets and current events
There was a time when major companies were launching NFTs. Mainstream media coverage. Sold by top auction houses. All kinds of contrived “use cases”. Now it’s an irrelevant asset with bagholders who are not getting their money back. I think it’s a microcosm of how BTC is going to fail. The critical mass of gamblers …
Authored by Mike Shedlock via mishtalk, Hint: It’s structural. Trump has nothing to do with it. The Creeping Death of the Single Market Eurointelligence discussed the EU’s Slide Towards Irrelevance The EU has zero chance to emerge as a geopolitical power like the US or China. Strategic autonomy was only a slogan. It came with no …
Of the myriad geostrategic illusions that have been destroyed in recent days, the most sobering realization for anyone residing on the Continent should be this: No one cares what Europe thinks. Across an array of global flashpoints, from Nagorno-Karabakh to Kosovo to Israel, Europe has been relegated to the role of a well-meaning NGO, whose …