From an NBC reporter. Thoughts?
h/t bigsaucee
Month: September 2021
Ranked: The Top 10 Richest People on the Planet
by visualcapitalist The top 10 richest people on the planet have a combined net worth of $1.4 trillion. For some context, that’s roughly the same size as Australia’s GDP. Who are these ultra-wealthy individuals, and what’s the source of their wealth? Here’s a look at the top 10 richest people on the planet, and how they’ve made their … Read more
Natural Gas Prices Heating Up, Breakout Would Bring Major Pain!
by Kimble Charting The price of natural gas is a closely watched economic input, similar to crude oil, gasoline, and interest rates. When these economic inputs are rising, then we tend to worry about inflation. Today, we take a closer look at a long-term chart of natural gas. As you can see on today’s “monthly” … Read more
If your mortgage is $1,500/month and you earn $1,500/month, your house is free.
If your mortgage is $1,500/month and you earn $1,500/month, your house is free. https://t.co/X1WioMDQrQ — Jon Gabriel (@exjon) September 28, 2021
France’s central bank woke up today and chose violence.
This is almost as good as their paper last year during the pandemic crash showing that #CentralBanks can go #bankrupt… 👇https://t.co/caz4wjfxtc pic.twitter.com/WlfBBfQoeH — Invariant Perspective (@InvariantPersp1) September 29, 2021
Wow.. after YouTube decided to ban Russia, Russia is about to ban YouTube in return.
Wow.. after YouTube decided to ban Russia, Russia is about to ban YouTube in return. That would be a loss for YouTube revenues @mfa_russia @M_Simonyan pic.twitter.com/glrIJUSPNT — Russian Market (@runews) September 29, 2021
Fitch Ratings downgrades Evergrande to a “C” from “CC” which means “Near Default”
Settling debts with your cousin in China pic.twitter.com/YiZSGBCuX8 — The Long View (@HayekAndKeynes) September 29, 2021 #Evergrande crisis is spreading to global soccer market:#FabioCannavaro, head coach of Guangzhou Evergrande FC, has left his post by mutual consent, the club confirmed on Tuesday, leaving the FC's future in doubt. — ChinaPropertyFocus (@ChinaPropFocus) September 29, 2021
The Market Crash Nobody Thinks Is Possible Is Coming
by Charles Hugh-Smith The banquet of consequences is being served, and risk-off crashes are, like revenge, best served cold. The ideal setup for a crash is a consensus that a crash is impossible–in other words, just like the present: sure, there are carefully measured murmurings about a “correction” but nobody with anything to lose in the … Read more