After World War II, the world experienced enormous growth driven by rampant consumerism and the growth of faith in free enterprise. The fall of the Soviet-led communist bloc further strengthened faith in that Western-led system. But in recent years, there has been a backlash against globalisation from the Western world itself. The reason for the […] The post Has The West Turned On Globalisation Or Is It The Other Way Around? appeared first on The Friday Times - Naya Daur.
Sam Bankman-Freid fit into the mould of the computer-geek-turned-instant billionaire through his sheer genius – except that his genius lay in using other people’s money to take risky bets. Then, when the inevitable implosion happened, he merely said ‘sorry.’ This is an ongoing story so no one knows where this saga will lead us. What […] The post The FTX Saga Is Another Blow To The Viability Of Cryptocurrencies appeared first on The Friday Times - Naya Daur.