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Daily Archives: January 22, 2019
Gambling under the guise of ‘investing’ yields predictable losses
Initial public offerings (IPOs) are done to enable startup founders and early private investors to cash out by transferring part of their company to outsiders. To get the best buck for their offering, IPOs are generally released into high markets … Continue reading
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‘Winners Take All’ author on monopolies and rigged systems
This is an important discussion that is taking place all over the world today. In the decade of central bank supported financial engineering since the 2008 crisis, the number of billionaires has nearly doubled while wages have stagnated and deficits … Continue reading
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