Synthwave is a ubiquitous aesthetic on the right. It calls to mind the 80s—a dude in his aviators whipping down the road in his Ferrari Testarossa with a platinum blonde in the passenger seat. And the 80s was rad. But why don't we have our own aesthetic in the 2020s? Why haven't we had a new aesthetic in 25 years? The answer is STAGNATION, aka HAUNTOLOGY. The KDADS unpack this troubling (or is it based?) phenomenon.
Synthwave is a ubiquitous aesthetic on the right. It calls to mind the 80s—a dude in his aviators whipping down the road in his Ferrari Testarossa with a platinum blonde in the passenger seat. And the 80s was rad. But why don't we have our own aesthetic in the 2020s? Why haven't we had a new aesthetic in 25 years? The answer is STAGNATION, aka HAUNTOLOGY. The KDADS unpack this troubling (or is it based?) phenomenon.
Pavel Durov, Telegram's CEO, is known as "the Russian Mark Zuckerberg," for co-founding VKontakte, which is Russian for "in touch," a Facebook imitator that became the country's most popular social networking site. In December 2021, Sebi officials had conducted a search and seizure operation at the premises of certain persons carrying out similar manipulative activities through Telegram channels. Just days after Russia invaded Ukraine, Durov wrote that Telegram was "increasingly becoming a source of unverified information," and he worried about the app being used to "incite ethnic hatred." Overall, extreme levels of fear in the market seems to have morphed into something more resembling concern. For example, the Cboe Volatility Index fell from its 2022 peak of 36, which it hit Monday, to around 30 on Friday, a sign of easing tensions. Meanwhile, while the price of WTI crude oil slipped from Sunday’s multiyear high $130 of barrel to $109 a pop. Markets have been expecting heavy restrictions on Russian oil, some of which the U.S. has already imposed, and that would reduce the global supply and bring about even more burdensome inflation. "Markets were cheering this economic recovery and return to strong economic growth, but the cheers will turn to tears if the inflation outbreak pushes businesses and consumers to the brink of recession," he added.
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