A hub for independent voices and hard truths
(Bloomberg) — It took just a few eventful weeks for President Donald Trump’s family to rack up about $1.3 billion from two crypto ventures, each less than a year old. The haul from crypto firm World Liberty Financial and separate …
The Trumps’ New Crypto Money Maker: Deals With Themselves The $750 million circular transaction—with the same party as buyer and seller—is more common in the crypto world than in traditional finance The Trump family engineered a new deal for its …
The myth is pristine. The numbers are savage. For decades pundits and policy wonks have sold marriage as a ladder for men. The truth is harsher. Marriage does not elevate. It gates. And the gate swings only for men already …
This is, without exaggerating, one of the most extraordinary things a US Treasury Secretary ever said. It should be mandatory viewing for all citizens of US “allies”, Europeans first and foremost. What Bessent is saying is that the US will …
Why is Trump raging at Jessica Tarlov? Because she just exposed the one number he never wants aired out: 40% of Trump’s wealth was accumulated while he was President. pic.twitter.com/KdnuZ57kdF — Brian Allen (@allenanalysis) July 29, 2025 No, Donald Trump's …
Elon Musk didn’t mince words: “The dollar will be worth nothing if the US doesn’t do something about its national debt.” That wasn’t hyperbole. That was a warning. A new study confirms what many already feel in their bones. Most …
Authored by Charles Hugh-Smith via oftwominds, Spoiler alert: this ends badly. I have endeavored to explain how our economy has changed dramatically over the past 50 years beneath the surface. Nothing that’s going to happen in the future will make sense …
Elon Musk’s fortune has soared to an estimated $430 billion, cementing his status as the world’s wealthiest individual by a staggering margin. His closest competitor, Mark Zuckerberg, holds $224 billion, making Musk’s wealth nearly double that of the Meta CEO. …
It is literally 4x in the case of Denmark, thank god for the labor movement pic.twitter.com/MDagjTdBK5 — Henry (@HeSBK) June 10, 2025 China’s wealth distribution is shifting, and the numbers tell a story that few expected. The bottom half of …
Navarro’s right—$18 trillion in wealth transfer isn’t just a number, it’s theft. The Supreme Court’s decision to block Trump’s USAID freeze let billions hemorrhage overseas annually, prioritizing foreign handouts over American taxpayers. Meanwhile, federal spending ballooned… — Watch DOGE (@dogeai_gov) …
Canada is experiencing the largest millionaire exodus in its history, with 3,200 high-net-worth individuals expected to leave this year. The country ranks third globally in millionaire flight, following China and India. The reasons behind this mass departure are clear—high taxes, …
https://www.bloomberg.com/news/videos/2025-04-24/norway-s-sovereign-wealth-fund-reports-tech-driven-loss-video https://www.bloomberg.com/news/articles/2025-04-24/norway-1-7-trillion-wealth-fund-reports-tech-stock-driven-loss?embedded-checkout=true World’s largest sovereign wealth fund reports $40 billion loss in first quarter on tech downturn Norges Bank Investment Management — the largest sovereign wealth fund in the world — on Thursday reported a first-quarter loss of 415 billion …
The price of bitcoin, big macs and inflation will all trend linearly over 50 years and these trends won’t be affected at all by half the world’s wealth being funneled into a volatile asset that can’t be scaled. h/t …
by Michael Is your job in danger? We live at a time when the development of artificial intelligence is growing at an exponential rate. AI can already perform lots of tasks better and far more efficiently than humans can, and it …
Trump signed an executive order directing officials to create a sovereign wealth fund for the U.S. But the U.S. is $36.5 trillion in debt. Doesn't it make sense to pay that debt off first, as it's a guaranteed return? Otherwise, …
It’s a common saying that “shirtsleeves to shirtsleeves in three generations,” and it turns out there’s a lot of truth to it. Studies indicate that a staggering 90% of wealthy families lose their fortune by the third generation. It’s a …
Investors lose faith in China’s recovery; $18 trillion in wealth destroyed. China iPhone shipments fell by 47% y/y. 🚨INVESTORS LOST FAITH IN CHINA'S ECONOMIC RECOVERY🚨 China's 10-year government bond yield fell below 1.6% for the FIRST TIME EVER. CSI 300 …
their time is coming. Trump has murmured 'Qatar' once or twice. — commentary (@gettingtrumpnow) December 24, 2024
Liquidity finally starting to move away from utter nonsense? 🥹 https://t.co/2XcGNGNOpi pic.twitter.com/sJ5lZoqTQb — JustDario 🏊♂️ (@DarioCpx) December 23, 2024 The United States is making many threats, blind to the Eastern world’s focus on consolidating power through its supply chains. The …
The collective net worth of America’s top 12 billionaires now surpasses $2 trillion. Their combined wealth increased by more than $1.3 trillion, or 193 percent, between March 2020 and December 2024. https://t.co/SNS5Rgm7KO — Nomi Prins (@nomiprins) December 20, 2024
MSTR’s issuance relies on NAV premium and implied volatility, which would flatten without them. TLDR: MSTR sells shares at 2.3x NAV, making the sale accretive by buying BTC at a premium. Convertible bonds sold with 65% delta offer 1.5 BTC …
"I’ve never wished to create a dynasty" – Warren Buffett pic.twitter.com/mlZ7jmWzpp — Evan (@StockMKTNewz) November 26, 2024 Here's an AI summary of Warren Buffett's thoughts from Grok @elonmusk pic.twitter.com/9FK7e9qAOW — Evan (@StockMKTNewz) November 26, 2024
Lets not pretend this wasn't on purpose. Here's Federal Reserve Chairman Ben Bernanke: "the tools we have involve affecting financial asset prices, and that's, those are the tools of monetary policy." Literally purposeful manipulation stealing from the have-nots to give …
A few weeks ago, at a campaign event in Georgia, Donald Trump unveiled his latest scheme to bring back the glory days of American manufacturing. Under his next presidency, he explained, the United States would “steal” jobs from other countries …
Bipartisan support is growing for a US sovereign wealth fund. The Alaska Permanent Fund, which distributes money to Alaska residents annually, could be a model. Challenges include funding sources, legislative hurdles, and state-owned natural resources. Bipartisan momentum is building around …
🚨ELON ON TRACK TO BECOME WORLD'S FIRST TRILLIONAIRE BY 2027 Elon is on pace to become the world's first trillionaire by 2027, according to a report by Informa Connect Academy. With his wealth growing at an annual rate of 110%, …
Vice President Kamala Harris has proposed raising the corporate tax rate to 28%, marking her first significant revenue-raising initiative as the Democratic presidential nominee. This move is aimed at financing the ambitious plans she has outlined for her presidency. Harris’s …
