Independent thinking for complex markets and current events
The Donald Trump administration plans to use $20 billion of US government money to bail out Argentina’s libertarian President Javier Milei. Ben Norton explains the scandal, involving election meddling, anti-worker austerity, economic crisis, corrupt corporate payouts, and, of course, crypto scams. Topics 0:00 Trump bails outs Javier Milei 1:35 Elon Musk 2:15 Context 3:51 Anti-worker …
The two parties are just hairy cheeks on the same stinking bunghole: predatory crony capitalism. Both are on the make and on the take, with no real convictions. Just a hunger for another term at the trough, serving globalist oligarchs and puppet masters. h/t Boo_Randy_II
This is an excellent video on the massive fiat debasement that is waiting for us around the corner. — Marius Kjærstad (marius.eth) 🐬🦇🔊 (@MKjrstad) September 19, 2024
via thedp: “In an email to Magill obtained by The Daily Pennsylvanian, Huntsman — a former University trustee, governor of Utah, and United States ambassador — said that the Huntsman Foundation will ‘close its checkbook’ on future donations to Penn. Huntsman, whose family has donated tens of millions to Penn over the course of three …
Cathie Wood’s flagship exchange-traded fund has rallied more than 50% this year. Investors are using that as an opportunity to get out. They have pulled a net $717 million from the ARK Innovation ETF over the past 12 months, according to FactSet. That exodus marks a notable shift for a fund that had consistently drawn …
The FDIC “mistakenly” releases complete version of a document showing U.S. government spent $12,700,000,000 to bail out 10 wealthy depositors amid banking crisis in March. “10 depositors had $13.3B in SVB, that’s why the FDIC bailed them out. (Spoiler alert: They were Chinese accounts) This wasn’t about systemic risk, it was about bailing out the billionaires …
