Mastodawn

2 #IMF: … across #trading partners, and preceded #financialcrises or abrupt reversals of #capital #flows. With the #globaleconomy already absorbing multiple shocks, such a disorderly adjustment could be exceptionally costly.

Thomas Fricke (he/his)Jan 20

Bank of England 'must plan for a financial crisis triggered by aliens'

https://www.independent.co.uk/news/uk/home-news/aliens-financial-crisis-bank-england-helen-mccaw-b2902690.html

News you don't expect in the morning. Help is on the way!

#financialcrises #aliens

Bank of England must plan for a financial crisis triggered by Aliens, says former policy expert

Financial markets could collapse if the American government confirms the existence of Alien life

The Independent

Lowyat.NET May 20, 2025

Neta Auto Malaysia Denies Parent Company Bankruptcy Claims #automotive #bankruptcy #financialcrises #hozonauto #malaysia #neta #netamalaysia

https://www.lowyat.net/2025/352185/neta-auto-malaysia-denies-parent-company-bankruptcy-claims/

Neta Auto Malaysia Denies Parent Company Bankruptcy Claims

Neta Auto Malaysia refutes bankruptcy rumours of parent company Hozon Auto and assures uninterrupted local operations.

Lowyat.NET

The Sleight Doctor 🃏🍉Oct 30, 2024

I love old books, especially when they're free online due to expired copyright! First published in 1841, Charles Mackay's Extraordinary Popular Delusions and the Madness of Crowds is as relevant today as it was 183 years ago.

It inspired the economist John Maynard Keynes, who argued in The General Theory of Employment (1936) that markets are not always rational, but instead are moved by "animal spirits".

https://www.gutenberg.org/files/24518/24518-h/24518-h.htm

#MassHysteria #AssetBubbles #FinancialCrises #Cults #MAGA #QAnon

The Project Gutenberg eBook of Memoirs of Extraordinary Popular Delusions and the Madness of Crowds, by Charles Mackay

Alexandra Beekers 🏳️‍🌈🌍Nov 18, 2023

Fiat stability, the #BIS said, would they grasp the irony? 😂
#Inflation #FinancialCrises
https://cointelegraph.com/news/primitive-stablecoin-lacks-mechanisms-maintain-fiat-stability-bis

‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS

A study released by the Bank for International Settlements identified weaknesses in private stablecoins and suggested a model like that of the Regulated Liability Network in their place.

Cointelegraph