Crypto Markets: “It’s 2008 on crack.”
Return Of The Great American Bubble Machine
Return of the Great American Bubble Machine
Albeit with new wrapping and new jargon, crypto has been infected by the same old problems of insider finance
On May 12, 2022, just over fourteen years after the collapse of Bear Stearns, the New York Times announced another crash. In a story entitled, “Cryptocurrencies Melt Down in a ‘Perfect Storm’ of Fear and…