At the peak of tulip mania, in February 1637, some single tulip bulbs sold for more than 10 times the annual income of a skilled craftsworker.

by

via wikipedia: Tulip mania (Dutch: tulpenmanie) was a period in the Dutch Golden Age during which contract prices for some bulbs of the recently introduced and fashionable tulip reached extraordinarily high levels and then dramatically collapsed in February 1637.[2] It is generally considered the first recorded speculative bubble.[3] In many ways, the tulip mania was more of a hitherto unknown socio-economic phenomenon than a significant economic crisis. Historically, it had … Read more

Destroyed by margin call

by

by bedofnailz To all the retards out there gambling with margin thinking you are Bradley Cooper or something, here is why you don’t do it unless you got the cash to cover the call.    

Danielle DiMartino Booth: “We need some time to tell what is happening with the housing market. We are not seeing confidence among baby boomers as we are seeing in the FANG stocks. We could see a tremendous amount of supply come to market”

by

"We need some time to tell what is happening with the housing market. We are not seeing confidence among baby boomers as we are seeing in the FANG stocks. We could see a tremendous amount of supply come to market"#RT #DimartinoBooth #QuillIntelligence — https://t.co/FxnpiyoHuW — Danielle DiMartino Booth (@DiMartinoBooth) May 9, 2020

40 Years of Risk Appetite data for US Investors. Despite the recent strong rebound Wall Street has never been so bearishly positioned

by

40 Years of Risk Appetite data for US Investors. Despite the recent strong rebound #WallStreet has never been so bearishly positioned pic.twitter.com/SjrMbsmNLG — CrossBorder Capital/ GLIndexes (@crossbordercap) May 9, 2020 When forecasts diverge it is a good indicator of deep uncertainty. So … the dispersion in S&P500 earnings estimates we are seeing right now, it … Read more

Snowden Latest Interview

by

On the eve of his memoir ‘Permanent Record’ being published, NSA whistleblower Edward Snowden talked at length from Moscow with MSNBC’s Brian Williams in an exclusive interview. This is their discussion in its entirety, edited down slightly for clarity. Aired on 9/17/2019.

Why the coronavirus cases are still going up?

by

by Kcthonian 1) Not everyone is wearing masks. 2) Even if you wear a mask, it doesn’t guarantee you won’t pass it to someone else. It just reduces chances. 3) People can be absent minded about all this. It isn’t like most of us have a lot of practice, which makes it understandable. But I can’t … Read more

Judicial Watch Files for Temporary Restraining Order Enjoining Governor Newsom’s Initiative to Provide $75 Million in Cash Benefits to Illegal Aliens | Judicial Watch

by

(Washington, DC) – Judicial Watch announced today it has filed an application for a temporary restraining order (TRO) against California Governor Gavin Newsom and his Director of the California Department of Social Services Kim Johnson to restrain them from spending $79.8 million dollars of taxpayers’ money to provide direct cash benefits to unlawfully present aliens (Crest et al. v. … Read more

Manufacturing of multiple ICBMs detected in N. Korea, say U.S. authorities

by

Amid the prolonged suspension of U.S.-North Korea denuclearization talks, it was reported on Friday that multiple intercontinental ballistic missiles (ICBMs) have been newly manufactured in Sain-ri, Pyongsong in North Korea. It has been reported that the U.S. authorities have detected the assembly and completion of ICBMs at an automobile plant in Sain-ri, along with a … Read more

Matt Gaetz Goes Full Wolverine on Trey Gowdy – Exposes Gowdy and Paul Ryan Working on Coup Effort…

by

 by sundance Oh my gosh; too funny. First, this will not come as a big surprise to those who have been following along for several years; but it’s still funny… perhaps even, well, ugly. Earlier today President Trump held a meeting of the congressional war council; essentially the new 2020 Trump-branded version of the republican congressional caucus.  Apparently … Read more

Something is not right when standing too close to someone is worthy of arrest, while high risk offenders are let out because it’s for the good of the public…

by

by lboog423 Thousands of prisoners have been released because of safety concerns, including high risk sex offenders. Now citizens are being arrested for cutting hair and violating social distancing policies. What the hell is going on here? FARRELL: Governors Are Testing The Limits Of Emergency Powers | Judicial Watch  

OMG! Politico Founder Reveals Just How SICK The Left REALLY Is When it Comes Down to Power!

by

https://www.youtube.com/watch?v=oDDr-f-CVk8 Shelby Talcott from The Daily Caller reports, One of the founders of Politico admitted that he doesn’t want an investigation into former Vice President Joe Biden regarding allegations of sexual assault because it could hurt Biden’s chance to win in 2020. Read More/Source/Credit/FairUse: https://dailycaller.com/2020/05/05/po…

Tax Hikes No Matter Who Wins in November?

by

(Bloomberg) — It’s a line you don’t hear every day from Wall Street titans: Maybe we really should pay higher taxes. The pandemic has bold-face names like Larry Fink and Lloyd Blankfein thinking out loud that it might be necessary as the coronavirus pandemic derails the economy. A few are even calling for the wealthy … Read more