Independent thinking for complex markets and current events
Wages haven’t really kept up. Think most of the market is smoke and mirrors and resembles the run up during corona virus to me. People are poor. We are seeing more and more people living paycheck to paycheck to make ends meet. People fall back on credit cards to get by. Credit is starting to …
On June 1, Harpers put out a cover story titled, “Why are we in Ukraine?” The authors were professor Christopher Layne, the Robert Gates chair of National Security at Texas A&M’s Bush School of Government, and Benjamin Schwarz, a onetime national and literary editor of The Atlantic and former analyst for the RAND Corporation. Both …
Evergrande Creditors Seized a $1.6 Billion Tower They Can’t Sell (then it’s not worth $1.6B any more) (Bloomberg) — Nothing symbolizes the demise of China Evergrande Group like the Hong Kong tower that it bought for a record $1.6 billion. Once a jewel in the developer’s crown, creditors are still trying to sell the building …
WAR PREPS ARE AT A FEVERISH PACE EVERYWHERE… EXCEPT THE US! WHAT DOES THAT TELL YOU? THE DECISION HAS ALREADY BEEN MADE… Stockholm plans to send a “signal to Russia” by allowing NATO troop deployments in Sweden before the country is admitted into the alliance. via antiwar: Stockholm plans to send a “signal to Russia” …