Independent thinking for complex markets and current events
Voters are “Angry” about the economy as wages fall behind, inflation re-accelerates, and debt and multiple jobs are the only way to make ends meet. Washington has given up trying to fix it, doubling down on inflationary spending, mandates, and welfare. Praying media can… pic.twitter.com/m9ZXx5AnWX — Peter St Onge, Ph.D. (@profstonge) June 26, 2024 Every …
Even Rome let the pleabs in for bread and circuses. City of Minneapolis Paid $74 Million Plus Another $140 million dollars for Target Center & Can’t Watch Wolves Playoff Game Tonight! https://www.lrl.mn.gov/guides/guides?issue=target#:~:text=2016%20March:%20The%20Minneapolis%20city,million%20renovation%20project%20is%20completed. The poor kids working at Burger King get their paycheck and wonder where it all went. Well—taxes – that is where. $214 million …
by Michael It appears that the people running our system have decided that it is time for a wave of consolidation in the banking industry. A key program that was keeping U.S. banks afloat was allowed to expire last month, and everyone knew what that would mean. On Friday, the FDIC quietly announced that Republic …
The first week of Bitcoin halving sent Bitcoin back below the prior all time high and below the 8 week moving average for the first time in six months. Despite record inflows. pic.twitter.com/Ulszds2gI8 — Mac10 (@SuburbanDrone) April 28, 2024
Bird keepers brace for a new era of regulation.
by Chris Black This stands true for basically every industrialized/”liberal” country, and by liberal I mean so-called democracy. That’s because there is no way to incentivize women to have kids. The Guardian: South Korea’s demographic crisis has deepened with the release of data showing its birthrate – already the world’s lowest – fell to a new …
by Chris Black In the unlikely but nonetheless possible scenario where Ukraine completely collapses and gets annexed by Russia, the new NATO front-line would have to be set up in Eastern Poland, in the heart of Europe instead of its fringes. Having taken Ukraine and having battle hardened generals and troops, Russians would likely set …
The Japanese yen has been toast. It’s been a few years since they surpassed the toilet paper threshold. 1 sheet of toilet paper was worth more than 1 yen, meaning you could save money by wiping your a$$ with money. https://duckduckgo.com/?q=yen+to+usd&t=brave&ia=currency The yen's weakness is not only evident to MYR, but all currencies in general, …
In 2017, at a time of negative interest in the Eurozone, Austria re-financed some of its debt with a 100-year bond with 2,1% interest and quite a few institutions bought it. Seems like it was a good deal for Austria’s treasury, but whoever owns that thing is in trouble. With my luck, it was probably …
by RedditIsOwendByTheWS Apple Microsoft Amazon NVIDIA Tesla Alphabet Meta Alphabet Class C Berkshire Hathaway UnitedHealth Group https://twitter.com/FinanceLancelot/status/1692965376055705764 https://twitter.com/SuburbanDrone/status/1692889241913643108 https://twitter.com/crossbordercap/status/1692974516236919043 https://twitter.com/WinfieldSmart/status/1691128548512485376
by mark000 Will there be a European banking crisis which will spread to the US and North America? Will commercial property woes in the US sink regional and big banks? via pensionpulse: Nobody really knows what is going on, it feels to me like they’re trying to mask the size of the problem but if …