Tech Bubble Part Two Or Five: “I Told You So”

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by UPFINA Some investors don’t believe it’s possible that the stock market can be in a bubble like the 1990s tech boom because they were told it was a one time event that could never happen again. However, there are bubbles in every cycle. There was the “tronics” bubble in the 1960s, the nifty fifty bubble … Read more

The Rich Got Richer: Top 1% Wages Soar by 160% Since 1979, Six Times the Increase of the Bottom 90%

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The rich aren’t just getting richer. They’re getting there faster than the rest of America’s workers. During the last economic expansion, from 2009 to 2019, average yearly wages for the bottom 90% of workers rose 8.7% after adjusting for inflation, according to an analysis of Social Security Administration data by the liberal Economic Policy Institute … Read more

Throughout history, this happens at the peak or the trough of the business cycle.

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Nuts. Largest spread between Russell 2000 & its 200-day moving average since 1983. Throughout history, this happens at the peak or the trough of the business cycle. Have to say… Just like the tech bubble, I never seen a market bottom at record prices…. pic.twitter.com/c9taPtVawZ — Otavio (Tavi) Costa (@TaviCosta) December 8, 2020 "…central bank … Read more

BREAKING: FTC and group of 48 states launch antitrust lawsuits against Facebook

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BREAKING: FTC and group of 48 states launch antitrust lawsuits against Facebookhttps://t.co/cLF0x09Bh2 — CNBC Now (@CNBCnow) December 9, 2020 The Federal Trade Commission and a coalition of attorneys general from 48 states and territories filed two separate antitrust lawsuits against Facebook on Wednesday. The lawsuits target two of Facebook’s major acquisitions: Instagram and WhatsApp. Both … Read more

21 states join the #TexasLawSuit.

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Here's the full list of states in the amicus brief. pic.twitter.com/smXHFt9w6h — David (@FBAWolfAMZ) December 9, 2020 UPDATE: Arizona Joins 20 Other States In Texas Election Lawsuit With The Supreme Court   This is huge! The Texas case just got bigger, now with 17 states joining in: Missouri, Alabama, Arkansas, Florida, Indiana, Kansas, Louisiana, Mississippi, … Read more

Section 230 Deleted; End of Big Social Media?

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US Congress vote result: 49 : 46 source: https://twitter.com/RyanGirdusky/status/1336433073030897684 The Senate today confirmed the appointment of Nathan Simington to the FCC,  which with the imminent departure of Chairman Ajit Pai sets up the agency for years of deadlock unless Democrats take the Senate. The last-minute appointment breaks with political norms, and the vote was entirely on party lines after … Read more

Why make India poorer?

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by Shaun Richards Today brings an example which combines two of my themes and also gives us an opportunity to delve deeper into the state of play in the world’s second most populous country. The first theme is the continual establishment effort to produce a situation which avoids reality as much as possible. India’s government … Read more

ALERT! 82nd Airborne Division: “A STORM IS COMING” – That’s General Flynn’s divison

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I believe Gen Flynn was with 82nd Airborne Division.Probably just a coincidence. “A storm is coming.” pic.twitter.com/B1Tb4BKVEn — Stable John ™️ (@JohnOutbakjak) December 9, 2020 https://twitter.com/macjay_2020/status/1336454712988725248 "The storm is upon us….. pic.twitter.com/z8yUcWfjXI — American Made 87 (@Holly55093054) December 9, 2020     h/t LostRabbit

Growth and Attractiveness of Latin American Markets

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By Ed Africano Global expansion can provide asset diversification, a richer talent pool, access to countless new markets, and fantastic business opportunities to any company. Emerging markets present even greater business opportunities for companies. However, getting a foothold in those markets can be daunting particularly when they appear to contain a higher risk profile due … Read more

Censorship Hits 1984 Levels

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https://twitter.com/disclosetv/status/1336688887322861570 https://twitter.com/disclosetv/status/1336696672269824003 YouTube bans videos claiming 2020 presidential election fraud https://t.co/rg36e90Qvw pic.twitter.com/Hv9MSG3RJS — New York Post (@nypost) December 9, 2020 Today Google just dropped rule that were not allowed to talk about the election anymore. YouTube Channels who upload them will now receive strikes. GEORGE ORWELL COULD NOT BE REACHED FOR COMMENT: Dictionary.com changes its definition … Read more

How and When the SCOTUS Will Overturn the Election

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by The Phoenix Get ready for some fireworks. The state of Texas (along with Alabama, Arkansas, Florida, Kentucky, Louisiana, Mississippi, South Carolina, and South Dakota) is suing the states of Georgia, Michigan, Pennsylvania and Wisconsin in the Supreme Court. Texas is arguing that those four states violated the constitution when they passed new election laws to allow mail-in … Read more

MBA Mortgage Purchase Applications NSA Rise 28.6% From Previous Week And 22% Than Same Week A Year Ago (Sanders Polynomial Restarting?)

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by confoundedinterest17 Mortgage applications decreased 1.15 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 4, 2020. The previous week’s results included an adjustment for the Thanksgiving holiday. The Refinance Index increased 1.75 percent from the previous week and was 89 percent higher … Read more