Socialist Venezuela turns to barter

From Joseph T. Salerno at Mises Wire: In 2006, Venezuela’s president Hugo Chavez declared: There is a market that can be reactivated through barter and not through currency. Let us break that curse [of capitalism]. Well, twelve years later barter is …

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MAGAnomics: Jobless Claims in U.S. Lowest Level Since 1969 – As Predicted POTUS Trump Focused on Workforce Development…

by sundance Begin, with the end in mind….  More than two years ago CTH began discussing the ramifications to a new emphasis on the economy outlined as a possibility of candidate Donald Trump’s economic policy outlook. Within the overall discussion we walked through the anticipated changes possible if A.) …

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Uber’s Q1 results show 67% growth in revenue to 2.5 billion (excluding sale of Southeast Asia assets), 50% reduction in operating losses

https://www.cnbc.com/2018/05/23/uber-q1-financial-data-increased-sales-valuation-with-new-tender-offer.html This kind of growth is pretty much unprecedented at that scale of revenue. This is even more impressive when you consider that 2017 was a difficult year in terms of PR, and that they also gave up a lot …

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$MSFT Earnings

https://www.cnbc.com/2018/07/18/microsoft-earnings-q4-2018.html Some points (paraphrased from article): Earnings of $1.13 per share, vs. 1.08 cents per share expected Revenue: $30.09 billion vs. $29.21 billion expected; grew 17% Commercial cloud revenue growth slowed 5%, from up 58% previously to up 53% this …

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