Warren Buffett and Charlie Munger: A Wealth of Wisdom

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“All the early businesses we owned together have disappeared” A wonderful nugget of investing wisdom from Buffett and Munger's recent CNBC interview: All businesses eventually die. The essence of investing is to buy businesses that give us back so much in dividends before they die that we get our purchase price back, plus a decent … Read more

US Job Openings Rise 9.2 MILLION And Declining Labor Force Participation? (Mortgage Purchase Applications In Decline With Rising Job Openings)

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by confoundedinterest17 Ain’t this a kick in the head. The job openings data was released this morning and we found out that 9.2 million jobs were added!! But at the same time, we saw DECLINE in labor force participation in last month’s jobs report. It seems something is broken. Likely numerous states still payment extraordinary unemployment … Read more

Study suggests cell phones sharply increase tumor risk

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BERKELEY, Calif. – New UC Berkeley research draws a strong link between cell phone radiation and tumors, particularly in the brain. Researchers took a comprehensive look at statistical findings from 46 different studies around the globe and found that the use of a cell phone for more than 1,000 hours, or about 17 minutes a day over … Read more

Biden’s Tax Hike Plans Are Losing Momentum

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https://www.cnbc.com/2021/07/07/biden-tax-plan-corporate-capital-gains-and-income-hike-uncertain.html Six months into President Biden’s tenure, Wall Street remains divided over the likelihood of one of his campaign promises: higher taxes. Among the many components of the Biden tax plan are an increase in the corporate tax rate to 28% from 21% and the top individual income tax rate to 39.6% from 37%. The … Read more

Biden Vows to Raise Taxes on Fossil Fuel Companies as Gas Prices Spike (VIDEO)

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https://www.thegatewaypundit.com/2021/07/biden-vows-raise-taxes-fossil-fuel-companies-gas-prices-spike-video/ Joe Biden on Wednesday traveled to Illinois to promote his gargantuan infrastructure bill. Biden was greeted by Trump supporters when he arrived in Crystal Lake. 78-year-old Joe Biden delivered speech at McHenry County College where he railed against the wealthy and fossil fuel companies and said they need to ‘pay their fair share’ in … Read more

A sudden increase of Potato withdrawals could lead to a potential market contagion, affecting assets beyond crypto.

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Tether is the third-biggest cryptocurrency in the world by market value. And it’s got some economists — including an official at the Federal Reserve — worried. Boston Fed President Eric Rosengren recently raised the alarm about tether, calling the cryptocurrency a potential financial stability risk. Some investors believe a loss of confidence in tether could … Read more

Ice Age Farmer: “Rolling Shortages” of Food? UK’s Meat Tax & Food Riots >>>Going to become a Global Problem

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The UK is now experiencing “rolling brownouts of food supply,” as advisors warn there may be “food riots” in the weeks ahead as food prices escalate to unaffordable levels and shelves are emptied. This is coming soon to the USA and Europe. In the “new normal” of the Great Reset, you will take whatever lab-grown … Read more

36 states sue Google

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https://thepalmierireport.com/36-states-and-d-c-suing-google-over-antitrust-violations/ A group of 36 states and Washington, D.C., sued Google on Wednesday in an antitrust case challenging the company’s control over its Android app store — opening a new front in regulators’ attempts to rein in the search giant. The suit, filed in California federal court and led by Utah, North Carolina, Tennessee, New … Read more

Lapland under extreme heat right now. 34.3°C at Banak, Norway

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But climate change isn’t real, right? More info on the Banak record here via @extremetemps https://t.co/cmfERJdzcc — Scott Duncan (@ScottDuncanWX) July 5, 2021 For a broader view of preliminary June temperature anomalies using @CopernicusECMWF data, I have made a thread here.https://t.co/sshDGnMeda — Scott Duncan (@ScottDuncanWX) July 5, 2021     AC

Is the IMF repeating its mistakes from the global financial crisis?

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In 2008, the International Monetary Fund (IMF), along with the U.S. economic academic community, failed to anticipate the Great Recession. Today, as the Biden administration engages in the country’s largest peacetime budget stimulus on record, and as the Federal Reserve continues to inflate a global “everything” asset and credit market bubble, the IMF risks repeating its 2008 … Read more

[Rumor] Chase Sapphire Preferred and Chase Sapphire Reserve Revamp. (Increase rewards categories)

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by JC1812 Disclaimer: This is a leaked chase document so nothing is confirmed, this seems to be leaked back in May of 2021 CSP: $50 Annual Hotel Credit 5X Points – Travel purchases booked through the Chase Travel portal. 3X Points – Dining/Streaming Services/Online Grocery (excluding: Walmart and Target and wholesale clubs) 2X Points – Travel 1X … Read more

Condo and Currency Collapse

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by: Keith Weiner On June 24, the Champlain Towers South condominium building fell, killing at least 24 people. The collapse of this building provides a surprising number of insights into the collapse of a currency. The following discussion is based on information that is emerging about the incident. Some of the particular details we cite … Read more