AkaSci 🛰
️@AkaSci@fosstodon.org
Krugman on crypto:
"Crypto has become a Trump trade. An industry that’s still having very little success in finding legal use cases for its products basically bought itself a president. For a while that looked like a great investment. But with Trump’s power evaporating, it’s starting to look like money down the drain. And I believe that the crypto crash in part reflects a realization that the political patronage the industry was relying on may not continue."
https://paulkrugman.substack.com/p/reminder-crypto-is-a-trump-trade
#UsPol
3/n
AkaSci 🛰️@AkaSci@fosstodon.org
Liz Dye:
"Tuesday was a busy day for Donald Trump at the 11th Circuit Court of Appeals. At the very moment he was arguing to revive a RICO trollsuit against Hillary Clinton, his effort to revive a defamation trollsuit against CNN got unceremoniously kicked to the curb.
It’s just another day in the life of the world’s most vexatious litigant. It’s also a potent reminder that, when media outlets stand up to the president’s shakedown lawsuits, they always win."
https://www.publicnotice.co/p/trump-cnn-lawsuit-dismissed
#UsPol
4/n