Word of the day: Bezzle
5As in “embezzle”. New to me, but I’m not a finance guy.
Short version: Crashes after booms are inevitable, and here’s why.
Corey Doctorow trashing Uber:
https://pluralistic.net/2021/08/10/unter/#bezzle-no-more
Deeper dive:
https://carnegieendowment.org/chinafinancialmarkets/85179
- 1 comment
- Comment
And here I was thinking this was a verb used for the typical actions of a certain billionaire.