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The dollar milkshake theory pt. III

The dollar milkshake theory pt. III

We end our three part series by exploring cryptocurrency’s role in the sovereign debt crisis Review In part I and II of our series, we explored the qualities of our global economic system that make it susceptible to the dollar milkshake theory. The deep reliance on the U.S.

The dollar milkshake theory pt. II

The dollar milkshake theory pt. II

In part I of our dollar milkshake series, we began with a brief history of fiat currency and outlined the role of the U.S. dollar in global economics systems. In part II, we delve deeper into the theory and apply it to today’s economic environment. The U.S.

The dollar milkshake theory pt. I

The dollar milkshake theory pt. I

In this three part series, we explore the impending sovereign debt crisis dubbed the dollar milkshake theory. Part one provides the background: the role of U.S. currency in global economic systems and the globe's debt problem. Part two outlines the dollar milkshake theory and what it means for fiat

Crypto's collapse: It's not a crypto problem, it's a greed problem.

Crypto's collapse: It's not a crypto problem, it's a greed problem.

The fall of crypto exchanges harkens back to Long Term Capital Management's massive failure in the 90s. -------------------------------------------------------------------------------- “Bow before the king” Do Kwon, founder of Terra Labs, tweeted [https://twitter.com/stablekwon/status/1344273369219223557?lang=en] on December 30, 2020, 16 months before the Terra ecosystem death spiraled. The

BTC and equities: One and the same?

BTC and equities: One and the same?

No asset is safe from the economic slump as BTC, the S&P 500 and the Nasdaq become increasingly correlated. Since the beginning of COVID-19 in March 2020, we have witnessed increasing correlation between crypto and traditional financial markets. COVID-19 fear triggered a crash in both equities and crypto markets,

Crypto winter hits exchanges hard

Crypto winter hits exchanges hard

This is not the first crypto winter, but it is the most significant. Crypto’s explosion into mainstream culture means that more investors, institutions and exchanges are impacted than ever before. There are over 300 crypto exchanges in operation, majority of which face major losses. Some CEO’s, like Coinbase’

Cryptocurrency in an economic downturn

Cryptocurrency in an economic downturn

How does crypto fare in the context of stagflation? Prices of goods and services continue to rise as Covid-19 and the war in Ukraine put immense pressure on global supply chains. With slow economic growth this puts economies at risk for stagflation [https://fortune.com/2022/06/07/world-bank-global-recession-inflation-stagflation/] -