Roubini: BitMEX in Violation of Securities Laws. Crypto a Metastasized Cancer
Roubini: BitMEX in Violation of Securities Laws, Crypto a Metastasized Cancer
Nouriel Roubini derided BitMEX as an example of a criminally unregulated crypto exchange, and called for authorities to enforce crypto regulation at l...
cointelegraph.com
Excellent analysis - as usual - from @Brad_Setser . Well worth reading!
The current slowdown in global trade isn't just a function of Trump's trade war with China. China itself remains weak,. It hasn't been a strong source of demand for the world's goods.
https://t.co/TbRcZ9ol3B
No wonder crypto gangsters set up shop in that cesspool island of government corruption. Ditto for the Seychelles where @BitMEXdotcom racket is domiciled. Cheaper to bribe officials in those island nations. But why is the @ecb allowing such scams in a Eurozone member state?
Never forget that a top Maltese journalist was blown up in her vehicle because she exposed the fact that president of Malta and his wife were involved in bribery and financial scandals.
Your favorite crypto island is a cesspool of government corruption.
Nouriel Roubini is a professor of economics at New York University’s Stern School of Business. He is also CEO of Roubini Macro Associates, LLC, a global macroeconomic consultancy firm in New York, as well as Co-Founder of Rosa & Roubini Associates based out of London. At a 2006 address to the International Monetary Fund, Roubini warned of the impending recession due to the credit and housing market bubble. His predictions of these upside-down balance sheets became a reality in 2008, with the bubble bursting and reverberating around the world into a global financial crisis – a recession we’re only recently rebounding from after a decade climb. READ MORE
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Across the advanced economies, monetary and fiscal policymakers lack the tools needed to respond to another major downturn and financial crisis. Worse, while the world no longer needs to worry about a hawkish US Federal Reserve strangling growth, it now has an even...
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