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Crypto wealth is approx 50bps of global wealth. That means if you don’t have at least 1/2 percent invested in crypto you are short the global benchmark. Most institutions are still at 0. As they move in, that number will go to 1 then 2 then….The cycle has started. — Mike Novogratz (@novogratz) October 16, … Read more
*NY AG DIRECTING TWO CRYPTO COMPANIES TO SHUT DOWN — *Walter Bloomberg (@DeItaone) October 18, 2021 That Twitter account is a bot that posts news flashes from Bloomberg’s wire\terminal service. No further context yet but I believe NY AG Tish James ad a fairly hostile settlement with Bitfinex and Tether earlier this year so I … Read more
by The Phoenix Government bureaucrats have accomplished what Central Bankers have failed to do. For decades, Central Banks have attempted to “create inflation.” They’ve cut interest rates over 800 times. They’ve printed over $20 TRILLION in new money. They’ve even tried buying every asset you can name (corporate bonds, municipal bonds, student loans, auto loans, Treasuries, … Read more
h/t MojoWuzzle
by Chris Black Why don’t any of you economics guys ever mention the obscene profit margins of publicly traded retailers? Is it because it might be attacking your precious stock value? Is it that you actually believe the margin stated on earnings reports? Is it that you have absolutely no clue how production, wholesale, and … Read more
by Chris Black This article in the Daily Mail seems to go to great lengths to attempt to prove what a wonderful young lad this terrorist killer was before he was radicalized – even telling us that he wanted to be a doctor. They really hate you. PICTURED: Terror suspect 'who killed Sir David Amess … Read more
by Chris Black Antifa published a call for comrades to kill politicians in the AfD, a right-wing party in the German parliament. The communiqué posted on an extremist far-left site listed the politicians’ home addresses & provided instructions on how to make bombs. FOCUS-Exklusiv: „Töten wir die Schweine!“: Linksextreme veröffentlichen Mordaufruf gegen AfD-Politiker https://t.co/kJACnTnLTb via … Read more
by Chris Black 1 in 3 Spanish men use hookers because Spanish women are by and large insufferable feminists. This is a sad state of affairs. Spanish women will drag the Iberian race to its grave. I reckon the same stats apply everywhere. 'One of the cruellest aspects of the feminisation of poverty and one … Read more
by seacaptain200 I often see posts from people who are tired of “throwing money away on rent” and want to buy a home because “the mortgage would be less than rent.” Rarely, if ever, do people take into account how much cash on hand they will need upfront between going under contract and making it to … Read more
Korean yields going bonkers while clueless retail investors are FOMOing today pic.twitter.com/0xeDvRAp42 — Kimchi Premium (@kimchipump) October 18, 2021 The Aussie 3 year just called, it says if the next Aussie CPI print is hot, low fixed rate mortgages are on their way out. pic.twitter.com/1YZEz2pR2j — Tarric Brooker aka Avid Commentator 🇦🇺 (@AvidCommentator) October 17, … Read more
The Indian Army is keeping a close eye on Chinese activities along the LAC through its advanced-tech Heron drones. The Indian Army’s aviation base is using drones in the highly sensitive Arunachal border. The Israeli-made Heron drones are also known as the backbone of surveillance. The Indian Army base in Assam has also showcased a … Read more
https://twitter.com/TrumpJew2/status/1449569025227431939 h/t BFD
What are they planning now? Isn’t the killer jab working quickly enough? Are too many people seeing through the lies? What’s their next step? Killing babies by Christmas? Herod is alive and well… The meeting is with Gates and big Bankers:Boris Johnson will host a dinner with world business leaders, including Bill Gates and JPMorgan … Read more
https://twitter.com/TrumpJew2/status/1449549008502939658 h/t Dan
what a "significant drop" Powell sold into *rolls eyes* pic.twitter.com/BBREf8ZhT6 — Luke Kawa (@LJKawa) October 18, 2021 https://twitter.com/PriapusIQ/status/1450103940541001730 https://twitter.com/bashycrypto/status/1450105113264201730
The global chip shortage has slashed vehicle inventories and left dealers with few cars to sell. It has also left car salesmen and women with less to do on the dealership lot. Dealerships laid off thousands of salespeople at the start of the pandemic. While some have been rehired, about 70,000 people who worked at … Read more
Empathy is an important human emotion, but sometimes people keep repeating the same stupid mistakes that make it nearly impossible to continue to give a damn about them. Someone suffering severe headaches, for example, can cause a serious empathetic response from people, but that goes away quickly, and likely forever, if you discover that person … Read more
How can we justify a 10-year Treasury yield of 1.5% with inflation running well over 5%? The answer: producer inflation running even hotter. When producers can't pass inflation to consumers, deflation is coming. That's the bet Mr. Bond Market is making. pic.twitter.com/YC3Nx40OqL — Ross Hendricks (@Ross__Hendricks) October 17, 2021 Probly notin pic.twitter.com/2WgUgQ9MrY — The Market … Read more
The Fed started cutting rates in mid-2007 to buffer the housing collapse. Which is why by Sept. 2008 they were more worried about inflation than the collapsing bubble. They were fooled by their own policy. The same thing is happening now:https://t.co/eQss4Y8bid pic.twitter.com/ca8GzlMi10 — Mac10 (@SuburbanDrone) October 17, 2021 #recession … #GFC2 US #Housing #Bubble 2.0 … Read more
