Indeed, great damage was done today to the public’s faith in the American legal system.
If a former President can be criminally convicted over such a trivial matter – motivated by politics, rather than justice – then anyone is at risk of a similar fate.
❖ BITCOIN PRICES SLIDE AHEAD OF U.S. FED INTEREST-RATE DECISION
Bitcoin prices decline sharply ahead of the U.S. Federal Reserve interest-rate decision at 1800 GMT on concerns that it could again flag delays to rate cuts. Markets have shifted expectations for when the Fed will start cutting interest rates from June to September or beyond, lowering appetite for risk and driving down bitcoin prices, Tickmill Group analyst James Harte says in a note. "Looking further out, the backdrop looks favorable for higher bitcoin prices by year end," he says. U.S. inflation should decline considerably by the end of 2024 and the Fed is likely to cut interest rates in the second half, supporting bitcoin prices, Harte says. Bitcoin falls 6.5% to $57,355.88, according to CoinDesk.
"There is an anger ... it's shocking how angry. There's a nihilism that's going on," says @novogratz on the Reddit trading revolution. "People are crying for system change. This is generation. This is millennials and Gen Z screaming at Boomers and saying ... screw you."
Gotta admit it’s really something to see Wall Streeters with a long history of treating our economy as a casino complain about a message board of posters also treating the market as a casino