In Liberal Capitalist ideological discourse, it is oftentimes understood that the Market represents more than a mechanism to facilitate the allocations of resources, manpower, Kapital and Schuld. It also embodies a collection of Private Citizens competing for the greater Quantity… Read More ›
Fractional-Reserve Banking
On Likelihood of Recession in Early 2020s
There continues to be a lot of talk over whether a new Recession is going to occur or not. The rhetoric has not subsided in the two years since I began creating large-scale contributions to The Fourth Estate. For those… Read More ›
Update (28 March 2023)
Over the weekend, I decided to conduct a thought experiment that involved putting my written knowledge of LCFIs on this Blog into practice. As of this morning, I have my very own Bonds. I bought two Government Bonds last weekend… Read More ›
Financial markets calm but warning of problems to come from IMF | Business News — Zaheer Pakistani
fter a turbulent Friday and the rumbling of the worst financial crisis since 2008, the UK and European stock markets have largely calmed. Germany’s largest bank, Deutsche Bank, became the focus in the latest wave of selling across banking and wider financial… Read More ›
Cryptocurrency Bank Anchorage Digital Lays Off 20% of Workforce Amid Regulatory Uncertainty — https://btcnews.biz/
Anchorage Digital, a cryptocurrency bank, has revealed plans to cut back its workforce by approximately 20%, or 75 employees, due to regulatory uncertainty in the United States financial system. The company made history in January 2021 by becoming the first… Read More ›
Why regulators didn’t anticipate the crash and what alarms went off — Memesita
US regulators failed to spot the warning signs that allowed them to act before bankruptcy from Silicon Valley Bank (SVB)in one around laws that are too laxassure several analysts. Was this a new black swan or was it simply an expected fallout from the… Read More ›
Update (1 March 2023)
I did some more research into “MMO (Massive Multiplayer Online) Virtual Economies” yesterday, hoping to begin sharing my findings later today. As I had suspected the other day, one of the most fundamental problems of running a “Virtual Economy” with… Read More ›
Work-Standard Accounting Practices: Conclusion: Auditing the Auditors
Who Audits Auditors, if not Accountants? Everyone in the Western world and elsewhere knows that the Liberal Capitalist have been espousing their versions of “freedom” and their “democracy” since 1945. What everyone should realize is that there is no single… Read More ›
Work-Standard Accounting Practices: WSA Accounting Techniques
In “The Cash and Accrual Methods” and “The Modified Accrual Method” Entries from Section One, I discussed about the most prominent accounting techniques employed under Neoliberalism in both Production for Profit and Production for Utility. The Cash-Basis Method only provides… Read More ›
Update (22 February 2023)
I had enough spare time in my schedule to finish two Entries for Work-Standard Accounting Practices. All that remains at the moment is the Final Entry from Section Three and the Conclusion Entry. I am just beginning to figure out… Read More ›
You must be logged in to post a comment.