By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 17/06/2026You could hardly ask for a better example of investing in vibes over value than shutting down *real* cancer research to free up money for teaching more words to the word-guessing machine because it's about to become God and cure cancer. 11/ 4775213
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 17/06/2026Today, Goldman Sachs isn't merely all-in on crypto - it's all-in on the Spacex IPO. As Quiggin writes, the bank has signed off on Musk's claim that "Musk's ragbag of assets" will grow *one hundredfold* in the next *40 months*. 12/ 524031
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 17/06/2026Quiggin's short essay has been rolling around in my mind since I read it a couple days ago. Then, yesterday, I spotted this essay by Owen McGrann entitled "The Dead Economy Theory": www.owenmcgrann.com/p/the-dead-e... 13/owenmcgrann.comThe Dead Economy TheoryWe can laugh at them but we have to take this seriously 119524
Ken Muldrew @kenmuldrew.bsky.social · 18/06/2026"if there was a symbol for this speculation [that caused the crash of 1929], it came in two words: Goldman Sachs". J.K. Galbraith 2176
Nah @rightsrevolution.bsky.social · 17/06/2026youtu.be/1Uk8OIzF44U?... A clip from Michael Moore's "where to invade next" free on YouTube. Great documentary about what examples we should take from other countriesyoutu.beIceland's banks all failed except one run by womenYouTube video by Marianne Wolda 0133
