A hub for independent voices and hard truths
On August 23, 2023, Ukraine’s National Anti-Corruption Bureau (NABU) and the Specialized Anti-Corruption Prosecutor’s Office (SAPO) exposed a scheme involving the embezzlement of UAH 62.5 million during Ukrzaliznytsia’s (Ukrainian Railways) procurement of food supplies amidst the ongoing conflict with Russia. …
by FearlessEggplant3036 If they sell any of it at $200 the price will crash to $0, so they do monthly burns eg. if they burn: 1 billion coins x $200 = 200 Billion dollars burned, so why would a company …
The CEO of NVIDIA Jensen Huang's net worth is now +$39 billion. A 225% increase in 8 months. That's likely the fastest growth rate for any billionaire in the world this year. pic.twitter.com/DSihKHFnIB — Genevieve Roch-Decter, CFA (@GRDecter) August 23, …
Lord give me the confidence of an investor piling into NVDA at 226x trailing PE ahead of earnings being released. pic.twitter.com/kNSGxq1RLd — Genevieve Roch-Decter, CFA (@GRDecter) August 21, 2023 What was their total position size? — Genevieve Roch-Decter, CFA (@GRDecter) …
As long as companies are interested in generative artificial intelligence, Nvidia stands to benefit. Nvidia shares closed up more than 7% on Monday, underscoring how investors believe the company’s graphics processing units, or GPUs, will continue to be the most …
China’s top tech companies, including Alibaba, Baidu, ByteDance, and Tencent, have placed orders worth $5 billion for Nvidia chips to make generative AI systems. The orders include $1 billion for 100,000 A800 processors to be delivered this year, as well …
Without warning all 4 major banks began limiting cash withdraws in various cities Making some branches “cash free” Gov took $1 billion worth of notes out of circulation People are unable to withdraw more than $500 It’s happening WARNING: Australia …
by confoundedinterest17 I wanted to play Aaron Copland’s Fanfare For The Common Man, but thought that The Federal Reserve theme song (laughing song from “Death in Venice”) was more appropriate given their insane money printing since 2008 then 2020 with Covid. Yes, The …
or worse, you could be this guy. hard to believe people pay him to invest their money. https://12ft.io/proxy?q=https://seekingalpha.com/article/4584656-apple-dead-money-for-3-more-years h/t Goldenbird666
A “record” amount of cocaine worth €400m (£353m) has been recovered off the coast of Sicily. Seventy waterproof parcels, weighing a total of two tonnes, were found floating in the sea near the port of Catania. https://news.sky.com/story/record-haul-of-cocaine-found-floating-off-coast-of-sicily-12859400 A record batch …
by confoundedinterest17 The Federal Reserve, an organization that even George Orwell would find outrageous, is a Minsky Moment Machine! A Minsky Moment refers to the onset of a market collapse brought on by the reckless speculative activity that defines an unsustainable …
(FOX) The vice president of a Los Angeles police union encouraged officers to ditch the city and find work elsewhere during unsuccessful salary negotiations with the city. Los Angeles Police Protective League (PPL) Vice President Jerretta Sandoz made the statement …
Billionaires and corporate execs have dumped $9 billion worth of stock this year amid the market’s latest rally So looks like we are back here again. Repeat of end of 2021. When CEOs dump massively, we should be asking why. …
his employment status: Beggar It is a practice normally employed by the unemployed and people down on their luck. However, begging is turning out to be a lucrative job for one individual in Mumbai, India. Local media is reporting that …
by confoundedinterest17 Bidenomics, which Bumbling Biden can’t explain, and his Press Secretary Karine Jean Pierre only utters “top down was a failure, we are trying the opposite!” Sorry Karine, Bidenomics personifies top down economic (mis)management where DC picks winners and …
by confoundedinterest17 To quote Bill Paxton’s character from Twister: “It’s Already Here!” The feared recession, that is. The year-over-year growth rate in Household Net Worth has been negative for 3 consecutive quarters, the worst growth since The Great Recession and Financial …
by laflammaster American government and the fed both act like crackheads with money. They just can’t hold onto it.
Greta Thunberg is known for her upfront speeches and selfless generosity. While she has received multiple awards, she doesn’t use prize money for her personal use but rather donates it to climate change organizations and other social causes. After winning …
by BoatSurfer600 Borrowers with expiring fixed-rate or tracker mortgages face difficulties, with some saying they will be forced to sell their homes via theguardian For Steven, a media consultant from Guildford, and his wife, the remortgaging nightmare is only beginning. …
by scott_jr Used car loan-to-value ratios increased to 125 in the first three months of this year from 104 for the same period in 2021 Negative equity, or the amount that debt exceeds a vehicle’s value, has ballooned in recent …
US Stocks market is worth 2x money supply M2 and moving higher as M2 is falling. This metric is not far from peaks of 2008 and 2021 #Recession #FederalReserve pic.twitter.com/6abrnaByDl — FinFab (@FinFabApp) June 8, 2023 The Nasdaq has now …
The IRS data showed that in 2021, New York State lost adjusted gross income worth $25 billion. Read more: https://t.co/RLnJmCQTDQ — unusual_whales (@unusual_whales) June 12, 2023 Lost of people from NY are heading to Florida
As of 1Q23, household net worth as a % of disposable personal income fell to 760%, down from 840% a year earlier … in year/year terms (not % change, just a change in %, orange), fastest decline since 4Q08 pic.twitter.com/EL2IIQfCWq …
The US will need to refinance almost half of its national debt in less than 2 years. Let's not forget that interest rates were at 0% just 15 months ago. Wait until these debt instruments need to be rolled over …