Everything is turning into betting because structural economic pressure, financial disillusionment and digital platform design have made high-risk speculation feel rational to a generation that sees traditional wealth-building as unattainable. Wage growth has lagged inflation across developed economies, housing affordability has deteriorated, and the mathematics of compounding appears too slow …
Read More »AI washing: The hidden financial risks to investors and the future of AI innovation
Artificial intelligence (AI) has emerged as a transformative force, reshaping industries from healthcare to finance. However, as the hype around AI intensifies, a troubling trend has surfaced: AI washing. Mirroring the deceptive practice of “greenwashing” in sustainability, AI washing occurs when companies exaggerate or fabricate their use of AI to attract …
Read More »Blighted boom: Substandard projects scar Belt and Road Initiative across nations
The gleaming Diego Martin Vehicular Overpass in Trinidad and Tobago stood in stark contrast to the shadows cast by substandard Chinese construction projects creeping across Belt and Road Initiative (BRI) countries. These infamous “Tofu-Dreg” projects, as they’re dubbed in China, reached a new level of alarming on December 24, 2023, …
Read More »TerraUSD and Luna: How to lose a trillion dollars in one week
The TerraUSD and Luna collapse represents a historic insolvency event in the cryptocurrency market that resulted in the evaporation of approximately US$1 trillion in total market value within a single week. This article examines the mechanical failure of the algorithmic stablecoin UST and its sister token LUNA, exploring how a …
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