"Governments and their central banks may pretend to be lowering interest rates to spur the economy, but the basic reason is to re-inflate prices for financial securities and real estate.

That’s the main aim of today’s finance capitalism, after all. Its aim of increasing fortunes by creating debt-leveraged asset-price gains has turned economies into a great Ponzi scheme.

This policy must fail because preventing prices for collateral held by banks and other creditors from falling in price, and thus causing a loss of financialized asset-price gains, requires the economy to take on more and more debt.
(...)
[A] Ponzi scheme has to be kept going because you need new entrants into the scheme. There is no real underlying value there. There is nothing actually generating wealth. Instead, there is a pretense, a claim that the scheme is making money, and very high dividends and capital gains are paid out to investors as if substantial profits are being earned.

But where does the money come from to pay these investors if there is no real generation of profits? The answer is that the promoters keep hyping the Ponzi scheme and hope that new investors will continue to join. As P.T. Barnum supposedly said, “There’s a sucker born every minute.” The scheme depends on attracting more and more participants, whose contributions are then used to pay the high dividends promised to the earlier investors.

This process can continue for a while, but eventually the nominal debts owed to depositors or participants become so large that new investors are no longer bringing in enough money to sustain the payouts. At that point, the entire scheme collapses.

The economy today resembles that kind of structure. The real estate sector, the banking sector, and stock market companies have all borrowed heavily just to pay the interest obligations that are coming due."

https://braveneweurope.com/michael-hudson-lena-petrova-why-this-is-not-the-1970s-again

#Capitalism #Financialization #CasinoCapitalism #PonziScheme #Debt

"Tuesday morning, the Maurene Comey ruling came down. Tuesday afternoon, the Comey indictment came down. The Epstein survivors who were on Capitol Hill on Tuesday with Representative Ro Khanna trying to get attention got pushed out of the cycle entirely. This is how the chaos becomes “normalized” and we aren’t going to let that happen."

https://kaitjustice.substack.com/p/lev-remembers-special-live-kait-justice #JamesComey #MaureneComey #Epstein #EpsteinFiles #CoverUp #DOJ #ToddBlanche #fascism #GhislaineMaxwell #distraction #PonziScheme

Even grifters don't like getting duped in a Ponzi scheme! Grifter Boffin J. Sun rails against World Liberty Finance (WLFI) for:

1) secretly implementing a one-signature freeze function, used to blacklist his wallet

2) WFLI posted ~ $5B WLFI token on Dolomite as collateral to borrow $250 million in Stablecoins > classic circular financing move

Lawsuits are likely! https://www.cryptotimes.io/2026/04/13/justin-sun-claims-wlfi-has-a-one-signature-wallet-freeze-power/ #WLFI #Crypto #CryptoCurrencies #BlockChain #StableCoins #Tron #TRXTokens #Grift #Grifters #PonziScheme #Lawsuit #SEC #MemeCoins

Has Australia finally hit the limits of its great economic ponzi?
A sharp discussion with Paul Miron from Msquared Capital on how soaring property prices, mass migration and a fair bit of luck have masked deeper structural cracks especially housing affordability.

#australia #economy #housingcrisis #ponzischeme #auspol

https://www.youtube.com/watch?v=_6kUWvdiJQ0

Hivemapper Dashcam HDC S
Model: HDC-S-0HE1-001
S/N: HDCS 807

Well, this is an “interesting” device, I grabbed it from ewaste thinking this could be a good webcam or security camera. And it is, in a way – a dashcam that they supposedly paid you in cryptocurrency to drive around while this documented the scenery and road. In short, some custom hardware for mapping roads as you drive, so you can earn their custom cryptocurrency which has devalued. These HDC-S models are recently EOL, and are not recognized in windows or OS X (I have not tried Linux or BSD). They are listed for stupid money on eBay, but I was unable to get them to work for anything.

Analysis/documentation:
https://github.com/obrientg/Hardware/blob/main/Hivemapper_Dashcam_HDC-S.md

#hivemapper #crypto #cryptobro #AI #AIisBS #fraud #EnvironmentalAbuse #ponzi #ponziScheme #cryptocurrency #cryptocurrencyponzi
#dashcam #trash #ewaste #ewastefind
#siliconValley #SillyValley #sanfrancisco #sanfran #sanfranciscocomputers #sanfrancomputers #sanfranciscovintagecomputers #sanfranvintagecomputers #sanfranciscovintagehardware #sanfranvin-tagehardware
#vintagecomputing #vintagecomputint #vintagecomputer #vintagecomputers #vintagecomputalk
#vintagehardware #computerHistory #retro #VCF #vintageComputerFestival
#retrocomputing #retroComputers #WallOfRetro #retroTech #retroTechnology
#nerdsOfVintage #happyNerding
#computer #tech
#upcycle #restore #TechnologyRepair #WasteNotWantNot