Weekly Recap
U.S. Loses Its Last AAA Credit Rating, 10,000 Bitcoin for Two Pizzas, and Canada’s Decade-Long Stagnation
The Big Beautiful Downgrade
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On Friday night, after markets closed, Moody’s delivered a gut punch few were ready for: the U.S. government’s credit rating has been officially downgraded, stripped of its coveted AAA status. From R…
The $1.2 Billion Pizza
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Fifteen years ago today, a programmer named Laszlo Hanyecz made what's arguably the most expensive food purchase in human history. On May 22, 2010, Hanyecz posted on a Bitcoin forum offering 10,000 B…
Canada’s Lost Decade
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Last week, I told you about Canada's new prime minister, Mark Carney, and his $2 trillion climate crusade. But honestly, Canada’s economic problems didn’t start with Carney—they’ve been brewing for n…