This is an astonishing chart by Deutsche Bank. The surge in debt-to-GDP level between Q4 2019 and Q3 2020 is just unprecedented.

This is an astonishing chart by Deutsche Bank. The surge in #debt-to-#GDP level between Q4 2019 and Q3 2020 is just unprecedented. pic.twitter.com/NkgLs5lhqL — jeroen blokland (@jsblokland) December 1, 2020 Stimulus: You get $1,000The country gets $1T in new debt 😉 pic.twitter.com/d5PqIv2JTo — Reminiscences of an American Capitalist (@4Awesometweet) December 1, 2020

Tesla’s stock will be added to the S&P 500 in a single step before the open on Dec. 21

https://www.cnbc.com/2020/11/30/tesla-to-be-addedto-the-sp-500-in-two-parts-to-account-for-its-size-an-unprecedented-move.html The stock will be added at its full float-adjusted market capitalization before the open of trading on Dec. 21, the index provider said. Float-adjusted means that only shares available to the public are considered when evaluating a company’s weighting. The company that Tesla will replace will be named on Dec. 11, according to a … Read more

BELIEVE IN SOMETHING, UNLESS IT UPSETS THE CHINESE GOVERNMENT. Report: Nike, Coke, other companies lobbying against bill that would ban goods made with slave labor of Uighurs in Xinjiang.

The Times opted for the term “forced labor” in this story for reasons I don’t understand. The oppression of Uighurs by China isn’t limited to telling them which jobs they need to work. The infringement on their liberties is total. Their existence is at the sufferance of Beijing. It’s a full-spectrum slave regime, replete with concentration camps. One … Read more