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Economic Errata

Started by RE, Apr 07, 2023, 09:45 PM

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RE


NEWSNATIONNOW.COM 2026-10-07

16 trucking companies filed for bankruptcy amid high diesel prices

Surging diesel prices have forced at least 16 trucking companies to file for bankruptcy, with carriers in five states affected by the financial strain. The crisis stems from record-high fuel costs linked to global oil disruptions, prompting federal action including expanded use of tax-exempt red-dyed diesel and strategic oil releases by G7 nations to ease pressure on the industry.


Not a good year to be hauling freight.  Or farming.  Or heating your home.

RE

RE


CNBC.COM 2026-10-08

Tokenization could unleash tens of billions of dollars in trapped capital, Nasdaq CEO says

Tokenization can unlock capital by converting assets like Treasurys and equities into digital tokens on blockchain networks, improving liquidity and enabling continuous trading. Growing interest from institutional and retail investors stems from regulatory advances and demand for 24/7 markets. While existing infrastructure supports this shift, AI is essential for real-time risk management. Global firms seek U.S. market access, though not all assets benefit from constant trading, and wider connectivity may broaden global investment opportunities.


UNLEASH THE KRAKEN!

What could possibly go wrong?



RE

K-Dog

Has anyone figured out that excessive liquidity destroys wealth.

Like in this old movie.


Do rich people want their shit on a blockchain.  I think not.  On the other hand people without money I am sure think crypto is the best thing since sliced bread.