Elon Musk Is The World’s Richest Man

by visualcapitalist 2021 has been touted as a year of change. And as far the pecking order of global wealth goes, the new year has already delivered. Just six days in, Elon Musk had already lapped Jeff Bezos to become the world’s richest person in 2021 with a personal net worth of $188 billion. How did this … Read more

China sharpens language, warns Taiwan that independence ‘means war’

China toughened its language towards Taiwan on Thursday, warning after recent stepped up military activities near the island that “independence means war” and that its armed forces were acting in response to provocation and foreign interference. Taiwan, claimed by China as its own territory, reported multiple Chinese fighter jets and bombers entering its southwestern air … Read more

Why GameStop matters…

For every $11.00 the price of GameStop shares goes up, the banks lose about a billion dollars. 2008’s housing market collapse only cost the banks around 50 billion. $1000 GME/Funcoland is WORSE FOR THE BANKS THAN THE 2008 HOUSING MARKET CRASH. This is going to crash the entire financial system. And it’s not limited to … Read more

What Gamestop Means for the Broader Market

by Graham Summers of Gains, Pains, & Capital Stocks have entered a kind of speculative frenzy. You’ve no doubt heard or read about Gamestop (GME) the bricks and mortar video game retailer. The company has been in trouble for months, failing to turn a profit since 2018. And this is happening despite revenues growing. Because of this, hedge funds have … Read more