Independent thinking for complex markets and current events
Elon Musk’s Terafab chip factory in Texas could cost up to $119 billion, filing shows. Musk, who’s also CEO of Tesla, is aiming for Terafab to be the “most epic chip-building effort ever — combining logic, memory and advanced packaging under one roof,” according to a post on X last month from SpaceX, which now …
1.5 million Californians just signed a petition to tax the state's 200 billionaires 5%.. one time.. to fund hospitals, schools and food programs.. they needed 875,000 signatures.. they got nearly double.. and California's own governor is fighting against it.. the billionaires… https://t.co/feNGqbxb7x pic.twitter.com/CK657jI9b3 — Tuki (@TukiFromKL) April 27, 2026 Just like France’s wealth tax that …
U.S. Senator Elizabeth Warren, along with over 45 lawmakers, introduced a new tax bill called "Ultra-Millionaire Tax Act" This tax bill would create a wealth tax to fortunes above $50 million. — The Money Cruncher, CPA (@money_cruncher) March 28, 2026 This tax would apply on the value of all property of the taxpayer (stocks, houses, …
The average German believes that the government should take as much as possible from him, give some of it back as “free” healthcare, education, daycare spots, etc., and distribute the rest to people who have never contributed anything to society. — 𝒜𝓁𝑜𝒾𝓈 𝐻𝒾𝓃𝑔𝑒𝓇𝓁 (@alois_hingerl) March 25, 2026
The progressive champion is injecting himself into a high-wattage fight over a proposed tax on billionaires. LOS ANGELES — Blasting billionaires as “oligarchs” whose “greed and arrogance and moral turpitude” threaten American society, Bernie Sanders rallied support here Wednesday night for a proposed wealth tax roiling politics in California. “Do you know what the most …
via triptoasturias Epstein didn’t climb his way to power. He was handed it by a sequence of people who gave him access, training, and protection at every stage. Here’s the timeline the media won’t walk you through. 𝟏𝟗𝟕𝟒: 𝐓𝐞𝐚𝐜𝐡𝐢𝐧𝐠 𝐖𝐢𝐭𝐡𝐨𝐮𝐭 𝐚 𝐃𝐞𝐠𝐫𝐞𝐞 Epstein lands a job teaching math and physics at the Dalton School, one …
Source: Fox Business pic.twitter.com/D2DmbPiYt9 — Remarks (@remarks) February 11, 2026 Page, Brin, Ellison, Thiel, Sacks — and now, Zuckerberg. Meta CEO Mark Zuckerberg is the latest California billionaire heading for Florida, snapping up a massive waterfront mansion in Miami’s exclusive “Billionaire Bunker,” as Golden State lawmakers push a proposed 5% tax on the ultra-wealthy. Zuckerberg …
Congress just made them a $6 billion giveaway for issuers. US Congress just legalized the largest wealth transfer in financial history. Nobody noticed. Section 11 of the GENIUS Act prohibits stablecoins from paying yield to holders. Tether holds $135 billion in Treasuries earning 4.5%. That’s $6 billion annually. Passed to you: $0. Tether keeps everything. …
HOLY SMOKES. Scott Jennings DESTROYED this socialist who believes in a “wealth tax”🔥🔥 SCOTT: “What is the number that makes you too rich?” VIGELAND: “I, that is not, my, dec-, my, uh, uh, uh, uh, that’s not for me to decide! I wanna raise taxes on the wealthy, top 1%” 🤡 SCOTT: “Put me down …
WASHINGTON, Dec 5 (Reuters) – The U.S. pressure campaign against Venezuela has led “elements within the Cuban regime” to reach out to the U.S. about what the region would look like without President Nicolas Maduro leading Venezuela, two sources familiar with the contacts said on Friday. The sources, who asked to remain anonymous to describe …
$208 million wiped out: Yieldstreet investors rack up more losses as firm rebrands to Willow Wealth As Yieldstreet tries to distance itself from a rocky past with a new name and ad campaign, its customers are dealing with a present reality that is increasingly dire. The private markets investing startup, freshly rebranded as Willow Wealth, …
This guy just pulled off the smartest wealth transfer in modern history. But nobody understands what he actually did. Yesterday, Michael Dell announced $6.25 billion to fund “Trump Accounts” for 25 million American kids. Media’s celebrating it as philanthropy. But it’s not charity… It’s billionaires weaponizing government infrastructure. Here’s what happened: Trump signed a law …
Millennials are "pro-socialist" because they think our current system is capitalism, e.g. the Fed inflates away workers' wages to redistribute wealth to asset owners. pic.twitter.com/FNFeJmgXuf — Anthony Galli (@AnthonyGalli) December 3, 2025
For the record, U.S. stocks peaked in October 2007 and the economy entered recession in December 2007. As of now, the S&P 500 peaked in October. ADP private payroll job creation year to date is at the same level it was at when the GFC recession started. Is the AI super bubble killing jobs? It’s …
Washington Post editorial says Mamdani ‘drops the mask’ after election win, offers ‘seething’ victory speech. The Washington Post editorial board asserted that a “new era of class warfare has begun” in New York City after Mayor-elect Zohran Mamdani won last week’s election — criticizing what it described as his “change in character” since the campaign. In a Saturday editorial titled …
Democratic California Rep. Nancy Pelosi’s wealth grew by at least 2,292%, largely through stock trading, during her 37 years in Congress. The former House speaker, who announced Thursday that she will retire from Congress in 2027, had a $2,675,036 minimum net worth in the year she began serving and a $63,996,050 minimum net worth in …
THIS IS MADNESS. Billionaires invested billions in AI to replace us. It’s led to massive layoffs & a massive increase in billionaire wealth due to hyper inflated stock market. And when their greed causes the market to crash they’ll just ask the politicians they own for bailouts. THIS IS MADNESS. Billionaires invested billions in AI …
The Fed is ending QT on Dec 1st. If you think wealth inequality in the United States is bad now… wait until QE5. pic.twitter.com/tD6kz7ZuaF — Geiger Capital (@Geiger_Capital) October 29, 2025 HOLY SH**$CMG pic.twitter.com/olsjYrOqA3 — Just a Dude Who Invests (@DudeWhoInvests) October 30, 2025 Cars will be free in 5 years. Just grab one off …
WALL STREET SHOCKER: MOST U.S. STOCK TRADING NOW HAPPENS IN THE SHADOWS — NOT ON EXCHANGES For the first time in history, more than half of U.S. stock trading is happening off the public exchanges — funneled into dark pools and internal trading desks of major Wall Street firms. — First Squawk (@FirstSquawk) October 25, …
pic.twitter.com/EDrrNtJSu8 — IA_Farmer (@JABWT_Dad) October 19, 2025 pic.twitter.com/VkD26azkt3 — SummerSolstice (@Pilato1C) October 19, 2025 They call Trump a King, but look at her.
The gap between survival and wealth has never looked this brutal. Americans are sacrificing small joys like vacations and eating out, selling their belongings, and skipping meals to afford housing. Meanwhile, billionaire wealth rose by $33 trillion in the last ten years. These two things are related. pic.twitter.com/clny0mRqsF — Melanie D'Arrigo (@DarrigoMelanie) October 17, 2025 …
Trump and Xi meeting Trump: “We need your rare earths, buy our soybeans, and open your markets.”Xi: “No.”Trump: “100% tariffs!”Xi: “Do it.”Trump: “Okay fine, daddy—you can have whatever you want.” — TT3 (@TradingThomas3) October 17, 2025 A 1.5% drop in futures is enough to make this Admin walk back all of their *tough* trade talk, …
Since this graphic was created, $ORCL is looking to raise another $18 billion in debt. $CRWV has a D/E ratio of 381% and unlike mature tech companies, it is on a doom loop of raising debt in order to cover operating losses. $NVDA has a ton of debt, but they have hidden $45.8 billion off-balance …
Wealth and mortality in retirement have now been quantified. People making over $120,000 in retirement live an average of 9 years longer. pic.twitter.com/ucyskNPOgP — QE Infinity (@StealthQE4) October 8, 2025 Access to better healthcare is my guess. Better foods. Etc — QE Infinity (@StealthQE4) October 8, 2025
The math is brutal, and yet no one is screaming it from the rooftops. Ninety-seven percent of all stocks are held by the top 10 percent of Americans. Half of all equities are concentrated in the hands of the top 1 percent. That leaves the bottom 90 percent with three percent, and if you do …
France is staring at a fiscal standoff that feels less like governance and more like extortion. Prime Minister Gabriel Attal has been told he cannot pass a budget or even remain in office without Socialist backing. Their price is blunt: a new “Zucman tax,” two percent annually on assets above one hundred million euros Reuters. …
Authored by Mike Shedlock via mishtalk, Economist Gabriel Zucman proposes a 2% tax on French residents with over 100 million euros in assets. Better France Than Here The Wall Street Journal reports Wealth Tax Stages Comeback in France France’s slide into political and fiscal dysfunction is generating a groundswell of support for a sweeping wealth tax …
The second the U.S. went off the Gold Standard, workers have gotten their wealth stolen from them via suppressed wage growth byu/RobertBartus inEconomyCharts Home prices need to fall -40% or incomes need to rise +60% just to return the housing market to 2019 levels. Generational crisis. pic.twitter.com/wFkvoKjUhL — Spencer Hakimian (@SpencerHakimian) September 22, 2025
Goodwill CEO says he’s preparing for an influx of jobless Gen Zers because of AI—and warns, a youth unemployment crisis is already happening Tech leaders have been quick to squash claims that their AI firms could one day cause significant unemployment. But Goodwill’s CEO Steve Preston says it’s already happening. The charity, which has over …
