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The world needs a new financial system – and here’s why

financial system

The financial system we know is outdated and could allow bad things to happen. Let’s take a look how one event showed the wrong side. Greed is bad We have already written to you about what happened to GameStop trading. It was an attempt by investors from the Reddit forum r/WallStreetBets to thwart the plan

Financial system has shortcomings, but they can be fatal

financial system, week 04

Current financial system and cryptocurrencies. If you are interested more deeply in this topic, you certainly know the differences between them. But could you put together the biggest shortcomings of the current financial system? Let’s take a look at what the current financial system is faulty in. The gold standard was far too good –

Could pandemic eradicate obsolete processes, thinking and rules?

pandemic,

Unfortunately, the pandemic is far from being over and we do not know the full impact of it just yet. However there might be more, longer terms impacts as well and not all of them are negative. It is almost as if the pandemic was the catalyst of our time, which will eradicate obsolete and

Coronavirus revealed holes in traditional financial systems, what will fill them up?

coronavirus, banks

The coronavirus pandemic and subsequent lockdowns to contain the disease have created an unprecedented economic scenario. Central banks around the world, led by the U.S. Federal Reserve, have pumped unprecedented stimulus measures into the system in the wake of the coronavirus pandemic, far outpacing the response to the 2008 global financial crisis and adding trillions