Nobel Prize-winning economist Robert Shiller raised concerns about repercussions of the West confiscating Russian assets.
      • andyburke@fedia.io
        164·
        10 months ago

        Meanwhile Moscow has rolling blackouts and has lost tens of thousands of their citizens in a war of aggression.

        Decisionmaking may not be an area you want to cast stones.

        • ExotiqueMatter@lemmygrad.ml
          12·
          10 months ago

          rolling blackouts

          [citation needed]

          has lost tens of thousands of their citizens

          [citation needed] + even if that’s true Russia’s population is about 144,444,000 peoples.

          10 000/144 444 000 = 6.923098224917615 x 10-5 ~ 0.000692 = 0.0692% so half of a tenth of a purcent. Not a big issue really.

  • andrew_bidlaw@sh.itjust.works
    93·
    10 months ago

    Hahaha. It’s not CNN but CCN.

    CCN | Crypto and Bitcoin News, Analysis and Guides.

    Breaking insights with strong opinions on global affairs with a focus on celebrities, gaming, entertainment, markets, and business.

    Totally serious edition that completely doesn’t pretend to be something else. From this guys own wikipedia article.

    In 2017, Shiller was quoted as calling Bitcoin the biggest financial bubble at the time. The perceived failure of the Cincinnati Time Store has been used as an analogy to suggest that cryptocurrencies like Bitcoin are a “speculative bubble” waiting to burst, according to economist Robert J. Shiller.

    I mean, he may be cautious as he sees that an alarming precedent. But he’s a scientist to theorize about that. It’s not like that’s guaranteed to ever happen. These $300 bils are too spread and not that much.