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<figure class="wp-block-image p402_hide"> <div class="caption-container"> <img width="406" height="620" class="attachment-large size-large wp-post-image" alt="" srcset="https://cdn.aspentimes.com/wp-content/uploads/sites/5/2019/01/colson-atd-010918-1.jpg 406w, https://cdn.aspentimes.com/wp-content/uploads/sites/5/2019/01/colson-atd-010918-1-98x150.jpg 98w, https://cdn.aspentimes.com/wp-content/uploads/sites/5/2019/01/colson-atd-010918-1-213x325.jpg 213w" data-lazy-sizes="(max-width: 406px) 100vw, 406px" src="https://cdn.aspentimes.com/wp-content/uploads/sites/5/2019/01/colson-atd-010918-1.jpg"/><noscript><img width="406" height="620" src="https://cdn.aspentimes.com/wp-content/uploads/sites/5/2019/01/colson-atd-010918-1.jpg" class="attachment-large size-large wp-post-image" alt="" loading="lazy" srcset="https://cdn.aspentimes.com/wp-content/uploads/sites/5/2019/01/colson-atd-010918-1.jpg 406w, https://cdn.aspentimes.com/wp-content/uploads/sites/5/2019/01/colson-atd-010918-1-98x150.jpg 98w, https://cdn.aspentimes.com/wp-content/uploads/sites/5/2019/01/colson-atd-010918-1-213x325.jpg 213w" sizes="(max-width: 406px) 100vw, 406px"/></noscript><figcaption><strong>John Colson</strong><br/><em>Courtesy photograph</em></figcaption> </div> </figure> <p>Typically, as I peruse headlines, information tales and different sources for my punditry, I'm struck by the synchronicity of issues.</p>
<p>For instance, I've been watching with bemusement as Donald Trump, our erstwhile excuse for a president, and cryptocurrency, the choice to common previous cash that got here into being after the 2008 worldwide monetary meltdown, each seem like having meltdowns of their very own.</p>
<p>I ought to observe, earlier than going additional, that I've solely a imprecise understanding about cryptocurrency and its ramifications, and that I've completely no understanding of no matter it's that goes on contained in the mind pan of Trump.</p> <hr/><hr/>
<p>Nevertheless it certain is amusing to observe them each crash and burn.</p>
<p>No less than I’ve been hoping that’s what taking place in each circumstances, although each have proven indicators of continued life.</p> <hr/><hr/>
<p>Trump, as most already know, is having matches of frenzy concerning the much-ballyhooed nonappearance of the anticipated “HUGE crimson wave” that was supposed to place Democrats completely in a self-created political black gap from which they — like gentle beams, misplaced keys and nearly all the things that falls right into a black gap — would possibly by no means emerge.</p>
<p>As an alternative, the Dems seem to have held off the worst of the anticipated crimson tsunami by a mix of onerous work amongst their volunteer corps and a rising notion that even some Republican voters are getting bored with the Trump circus.</p>
<p>Management of the U.S. Senate appears to be a executed deal for the Dems, because of what some say are miraculous wins in Arizona and Nevada.</p>
<p>Management of the U.S. Home of Representatives stays in limbo, although, as extremely tight races in numerous elements of the nation proceed to be counted.</p>
<p>Even our personal little nook of MAGA nation, the third Congressional District encompassing the Western Slope of the Colorado Rockies and stretching out to Pueblo on the Entrance Vary, appears headed for a recount because of the tight-numbers recreation being performed out throughout 27 counties.</p>
<p>I can solely hope that Aspen’s personal challenger for the CD3 seat, Democrat Adam Frisch, will win ultimately, placing the incumbent, Trump sycophant Lauren Boebert, in her place alongside Trump on the trash heap of political historical past.</p>
<p>If these two ever obtained collectively for a losers’ ball, the ensuing conflagration of self-pity, self-serving lies and bloated outbursts of entitlement-spawned viciousness can be insufferable if it weren’t so scrumptious.</p>
<p>However, as Frisch himself stated concerning the election final result, we’ll simply have to attend till Friday to study who the winner is in CD3.</p>
<p>So, what concerning the crypto-meltdown?</p>
<p>Properly, it’s like this: Final week one of many largest cyrpto exchanges, FTX, declared chapter following statements from its rival crypto alternate, Binance, questioning the fiscal stability of the FTX.</p>
<p>It appears the crypto world is a little bit sensitive about rumors of instability, and the Binance statements prompted a run on the FTX deposits by buyers hoping to save lots of what they might if FTX went belly-up.</p>
<p>For a medium of alternate invented as an end-run round conventional currencies, this entire crypto factor has at all times appeared shaky to me, and this newest improvement confirms my suspicions.</p>
<p>It’s typical of our immediate-gratification society, actually — a brand new form of cash reveals up and all people jumps on the gravy practice to get wealthy fast. When issues get sketchy, as they at all times do in monetary markets, folks holding crypto investments begin panicking, crashes occur, and the remainder of us surprise why anybody fell for the rip-off within the first place.</p>
<p>After all, all cash is a rip-off of 1 type or one other, a approach for sure acquisitive varieties to achieve energy over their neighbors, however the present monetary construction of the planet has been a very long time within the making. So it mustn't shock anybody that some racy upstart foreign money alternate ought to run into bother, rapidly and infrequently.</p>
<p>Identical to sure upstart politicians (see above) who obtained into the sport primarily based on bluster and lies, and abruptly discover themselves dealing with the potential for full irrelevance, at greatest, and (for certainly one of them) probably prison expenses.</p>
<p>And so it goes, as certainly one of my favourite authors, Kurt Vonnegut, appreciated to comment when he arrived on the finish of a provocative or fruitful line of thought.</p>
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