The 2001 dotcom bubble implosion, followed by the terrorist attacks of Sept. 11, 2001, hammered the U.S.economy. The Fed responded by cutting interest rates to the lowest levels sinceBretton Woodsto stimulate the economy. The Fed held interest rates low through mid-2004.4 ...
Quite simply, an implosion is the opposite of an explosion. In an explosion, the force acts outwards, but in an implosion, the force acts inwards. When a submersible is deep in the ocean it experiences the force on its surface due to water pressure. When this force be...
Bankman-Fried apologized for the liquidity crisis and admitted on Twitter (now known as X) that FTX’s non-U.S. exchange had insufficient funds in reserve to meet customer demands. Bankman-Fried said “poor internal labeling” caused FTX to miscalculate leverage andliquidityand announced that Ala...
What caused the noises? Frederick acknowledged that the sounds detected underwater by Canadian aircraft could have been caused by multiple sources. Following the discovery of the sub debris on the sea floor, a U.S. Navy source told CBS News that the implosion would be inconsistent with b...
What then is responsible for the decline, or indeed, implosion of liberal hegemony? ACHARYA: Several factors. One is the global economic shift, with the rise of non Western nations led by China and India but also more generally East Asia. One consequence of this economic shift has been the...
Implosions like this happen every day, sometimes because the network can’t handle the increased traffic, or the website server goes upside down. Really, the reason doesn’t matter. All that matters is an effort to use technology to add rigor and excitement to a tired lesson plan fails, ...
The history of financial bubbles, from the South Sea original that suckered in Sir Isaac Newton to the AI implosion of 2024 where a lot of the smartest people in tech seem set to lose their shirts, can be summarized thus: it's all about vibes, man. Fans of a new technology or fina...
At any point, all this nonsense could be ended almost immediately, if things are run better, which could happen right after the implosion, but right now, too many people are comfortable with the status quo. All the nonsense will come to an end eventually, the question is can we prevent ...
As to what caused the carnage some of it may have been airborne which has degraded, like a plague over 2000 years (David knew that it was not airborne now but he also may have deduced it could have been in the past), some of it would be physical outcomes of their experiments. They ...
And I wanna do that from a very unique perspective and that perspective is: 23 years practicing in the epicenter of the implosion of the American healthcare system. If you care about your liberty and preserving it, you need to care about your health. Now, everyone that’s sitting on an ...