Today on “The Breakdown,” NLW briefly covers yesterday’s bitcoin price crash and why it was driven by market structure more than news. The main topic focuses on revelations from Coinbase that after months of engagement around its upcoming Lend product, the SEC is now threatening to sue. NLW examines the controversy from five dimensions:
The argument for and against lending as a security The SEC’s pattern of regulation by litigation How the SEC is rewarding bad actors by punishing compliance The concerning surveillance implications of one of the SEC’s requests Why these strong-arm tactics are doomed Should Coinbase take the battle to court?
unleashed a war of atrocity against his ethnic rivals in the Ndebele tribe, promising that he would pursue his enemies “until all dissidents are eliminated
.. The scale of Mugabe’s killing, estimated as high as 20,000
.. When will they stop confusing national independence with individual freedom, liberation with liberty?
.. As for the other Mugabes, Fidel Castro tyrannized Cuba for decades, yet was paid flattering tributes on his death last year, including from Canadian Prime Minister Justin Trudeau
.. Naomi Klein has any regrets about her fervent championship of the Bolivarian Revolution
.. Joseph Stiglitz has any second thoughts about his close ties to the ruinous Argentine government of Cristina Fernández de Kirchner
.. Western thinkers have been tempted by the prospect of influence abroad, along with the power that comes with it, particularly when both are denied to them at home.
.. The visiting economist calls for heavy deficit spending or a currency devaluation, but collects his speaking fee in dollars and doesn’t live through the eventual default.
.. Zimbabwe’s tragedy is just a fuller version of a post-colonial story of disastrous ideological experiments accompanied by foreigners who cheered those experiments and then looked the other way when they failed. There needs to be a reckoning with them, too.