The other genius-in-the-dumps story involves the world of crypto currency where a gentleman by the name of Sam Bankman-Fried has through a combination of deceit and stupidity melted away a $16 billion fortune in the space of a few days. FTX, a major crypto exchange was revealed to have committed fraud by using a sister company to deploy customer funds in highly risky investments.
And then of course we have the 'stable genius' Donald Trump who has been taken down a peg or three in the recent US midterm elections, where many 'election-denying' acolytes of his have lost. His announcement that he is running again has been met with groans rather than the rapturous applause that he might have expected.
Over the last few months, we have seen a pattern emerge- a lot of new ideas and currents that were seen to be part of a new narrative for the world seem to be suffering setbacks. The idea of the individualistic genius is facing its come-uppance. Crypto is in deep trouble with a Pandora-like ability to disgorge new disasters from its capacious box. Start-ups across the world and in India are facing a pushback-valuations have become less insane and money is tighter. Politically too, there seems to be some resistance to the move towards a form of chaotic populism.
Denne historien er fra November 21, 2022-utgaven av The Times of India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra November 21, 2022-utgaven av The Times of India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Song and dance there, but where is Brazil's soul?
From swooning over the twirling foot of Richarlison the other day, to fretting over the ankle of Neymar, it is back to business for Brazil. Gone is the exultation to dance and express themselves.
Marriott to reach 200-hotel mark in India by 2025 from current 134
American hospitality major Marriott International — the group with the largest number of branded hotel rooms in India at about 26,000 — has drawn up very ambitious growth plans for the country.
India's visually-impaired players dribble, debate on and off field
Take 20-year-old Shivam Negi for instance. A member of the national blind football team, Negi along with three other NIEVPD students is ardently following the matches by listening to live commentary.
SIPS eating into luxe car sales: Merc
‘MF Investments Reducing Disposable Incomes Of Indians’
Fury's Ground Xiro
Xi's zero-Covid policy has angered ordinary Chinese as never before. A dangerous moment for the state
Trump faulted for dinner with white nationalist, rapper Ye
The sportswear manufacturer has also launched a probe into his conduct.
Blank sheets of paper become symbol of defiance
Chinese protesters have turned to blank sheets of paper to express their anger over Covid-19 restrictions.
Can't deny mediclaim to a vegetarian, insurer told
Dietary Habit Not Patient’s Fault: Consumer Body
Thakur: Will host 'grand Olympics' in Gujarat in future
Union sports minister Anurag Thakur on Sunday said Gujarat will host a “grand Olympics” sporting event in the future.
Will restore old pension scheme in Guj: Kejriwal
He also urged government employees in the state to back AAP while promising implementation of the old pension scheme for them by January 31, 2022.