Independent thinking for complex markets and current events
Elon Musk is expected to surpass 1 trillion dollars in net worth on Friday when SpaceX, his private aerospace company, goes public, according to a new analysis by Oxfam Novib. The milestone would make him the first trillionaire in history, with a fortune exceeding 1 trillion dollars—a 1 followed by 12 zeros. Oxfam says Musk …
Yep pic.twitter.com/Ie0F9P4qGT — Darth Powell (@VladTheInflator) June 26, 2025 The welfare state is supposed to redistribute funds from times of plenty to times of need, as well as from rich to poor. That is why the nation’s most generous publicly financed benefits are reserved for seniors, who have less capacity to earn money and who …
from Kerry Lutz’s Financial Survival Network Kerry Lutz hosted a discussion on Eric Sprott’s potential to rival tech billionaires like Elon Musk in wealth and influence through his strategic investments in precious metals, particularly gold and silver, which he views as essential stores of value amid economic instability. The conversation highlighted Sprott’s successful transition from finance …
The Federal Reserve recently announced their first interest rate cut in four years. The official explanation is that they want to encourage job growth. But how will this interest rate cut affect the average American family? From Peter Reagan for Birch Gold Group You may have heard the recent news that the Federal Reserve cut interest rates by …
by confoundedinterest17 Yes, there is a Dark Side to Federal stimulus! And it isn’t Dark Side of the Moon, but the dark side of who benefits from Federal stimulus. Its all about money. Example? Take Checkable Deposits of the to 1% (blue line) of wealth compared to the bottom 50% of wealth (red line) after The Fed …