But but, diamonds are forever!
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GB News, eh?..
It’s far worse than what that article says. (IIRC I posted this at TOP) An article from the 
market in July last year said:
The continuous devaluation of diamond stocks has forced traders to execute orders at a loss. Gajera highlighted the fierce competition from flawless lab-grown diamonds, which have seen a dramatic drop in prices from $300 per carat in July 2022 to just $78 per carat recently.
Let that sink into the sand of whatever stretch of 
beach you have pictured in your mind.
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Soon I’ll get a three carat diamond if I buy ten subs!
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Welp… this is 5 hours long… needless to say, I’ll be watching it in chunks over the next few days…
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Dang. Guess I should check how my $4.01K is doing.
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I checked my meager investments (a few shares of Reddit and a mutual fund). They haven’t crashed yet.
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‘Crypto Is Ground Zero’: Hedge Fund Warns Investors Trump Is Inflating a Catastrophic Bubble
Hedge fund Elliott Management recently sent a letter to investors warning them away from crypto. It urged clients to remember that crypto is a speculative market, suggested that the White House has caused a massive bubble to form, and predicted that a huge crash is coming.
[…]
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Robert Reich explains the new target of private equity - NFL teams - as well as how it ruins other businesses / industries:
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I finally got through this monster of a video… it’s thoughtful and well-researched. He goes through the world wars period, and but leaves open digging into the postwar era and what happens with the capitalist system during that time.
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Wow. Do you remember learning anything new or enlightening from it?
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Lots of it is not “new” in that it’s well-trod ground with regards to the development of the capitalist system, so if you’re generally familiar with the broad outlines of that history, you’re going to be familiar with much of it. He employs lots of Hobswam, Marx, Braudel, Levy, Weber, etc, plus a few other scholars who I’m not as familiar with (I can’t seem to find a bibliography on the youtube, so maybe he has it on his patreon?).
I think he does a great job of showing how the imperial expansion of Europe fed into the development of capitalism as it became a globalized system (and how imperialism had an uneasy coexistence with capitalist aims at times), that it was not a thing that was “planned” but developed in large part due to circumstances. He also does a great job tackling the question of “was it good or was it bad” by pointing out that it’s not a particularly good question to be asking. He points to how things improved from the feudal system, and how uneasily the concept of freedom developed along with capitalism, but that it’s still a system of centralized power that is rife with various forms of exploitation.
I find he’s quite good at bringing together lots of threads in a coherent way generally speaking.
Generally, I would recommend this to anyone wanting a firm understanding of what capitalism is and how it emerged in history, and what it’s meant for humanity. Because, the thing is, it really is an incredibly broad topic that’s difficult to wrap your head around easily.
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Thanks for the recap, sounds great. Given world enough and time…
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Yeah, I ended up watching it by chapters… that helped to get it all in.
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