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We discuss a great new essay from Noah Kulwin that situates the modern crypto grift economy as a reincarnation of the Savings and Loans Crisis of the 80s \u2013 as a way of arguing for a longer view of the historical materialist context of these larger dynamics. New body, old engine. \n\nSome stuff we reference:\n\u2022\u2022\u2022 Tales from the Thrifts https://thebaffler.com/salvos/tales-from-the-thrifts-kulwin \n\u2022\u2022\u2022 Would You Take Out a Loan to Buy This Week\u2019s Groceries? https://www.nytimes.com/2022/08/29/dining/buy-now-pay-later-loans-groceries.html \n\nSubscribe to hear more analysis and commentary in our premium episodes every week! patreon.com/thismachinekills \n\nGrab TMK gear: bonfire.com/store/this-machine-kills-podcast/ \n\nHosted by Jathan Sadowski (twitter.com/jathansadowski) and Edward Ongweso Jr. (twitter.com/bigblackjacobin). Production / Music by Jereme Brown (twitter.com/braunestahl)