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Capitalism in Crisis: Behind Trump’s Cryptocurrency Craze and Fight to Lower Corporate Interest Rate Borrowing - Socialist Action

Summary by socialistaction.org

By JEFF MACKLER FTX's plunge from $32 billion to bankruptcy and the collaping value of cryptocurrencies shows the speculative casino nature of the capitalist economy, where unimaginable wealth is driven by fictitious capital.

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socialistaction.org

Capitalism in Crisis: Behind Trump’s Cryptocurrency Craze and Fight to Lower Corporate Interest Rate Borrowing - Socialist Action

By JEFF MACKLER FTX's plunge from $32 billion to bankruptcy and the collaping value of cryptocurrencies shows the speculative casino nature of the capitalist economy, where unimaginable wealth is driven by fictitious capital.

1 day ago

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socialistaction.org broke the news in 1 day ago on Friday, August 15, 2025.

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