2022 BERKSHIRE ANNUAL MEETING – Warren Buffett rips Wall Street for turning the stock market into ‘a gambling parlor’

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https://www.cnbc.com/2022/04/30/warren-buffett-rips-wall-street-for-turning-the-stock-market-into-a-gambling-parlor.html Berkshire Hathaway CEO Warren Buffett lambasted Wall Street for encouraging speculative behavior in the stock market, effectively turning it into a “gambling parlor.” Buffett, 91, spoke at length during his annual shareholder meeting Saturday about one of his favorite targets for criticism: investment banks and brokerages. “Wall Street makes money, one way or another, catching the crumbs … Read more

Maybe One Less New Yacht This Year: Jeff Bezos Loses $20 Billion in One Day, Drops to Third Richest Person

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Amazon founder Jeff Bezos lost $20 billion in wealth in one day following the poor performance of Amazon’s stock. Bezos still has $150 billion to his name despite Amazon’s disastrous earnings report. The New York Post reports that Amazon founder Jeff Bezos saw his wealth drop by $20 billion this week, making him the third … Read more

American Academy of Pediatrics is now teaching your children that GIRLS can get ERECTIONS

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"These falsehoods will have lasting negative impacts on our children, potentially leading them to make decisions that they will regret for the rest of their lives." – @Schilling1776 https://t.co/WE9v9RMR16 — American Principles Project (@approject) April 27, 2022 ‘Kathryn Lowe: There’s a real need for all kids to understand about periods and erections, so we all … Read more

Charles Hugh Smith: Not the 70s or the 20s: We’re in uncharted territory

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by Charles Hugh Smith on Of Two Minds: The awakening of inflation after decades of slumber has triggered a flurry of comparisons to the 1970s accompanied by a chorus of projections for 1970s-type stagflation, defined as inflation plus economic stagnation– limited or negative growth and high unemployment. A less popular comparison is with the 1920s: a … Read more

IT’S ON: Tucker Carlson Calls McCarthy “A Democrat Puppet” Over Leaked Recordings

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https://www.youtube.com/watch?v=rFuUvnrWjU0 Michael Ginsberg from The Daily Caller reports, Fox News host and Daily Caller co-founder Tucker Carlson ripped into House Minority Leader Kevin McCarthy on Tuesday over recently released audio recordings of the California Republican criticizing then-President Donald Trump and fellow GOP representatives in the wake of the Jan. 6 Capitol riot. Read More/Source/Credit/FairUse: https://dailycaller.com/2022/04/26/tu…

24 Stats To Crush Anyone Who Thinks America Has A Bright Economic Future

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https://www.youtube.com/watch?v=JDNIyZBv5PU Many economic indicators are signaling that the U.S. is marching towards another recession, but we’re still being told that we’re in the middle of an economic recovery. Maybe this alleged recovery only includes rich bureaucrats and corporate CEOs because conditions are getting steadily worse for the average American. Wealth is becoming increasingly concentrated at … Read more

TIL Elon Musk made nearly $6 billion dollars in donations after the UN challenged him to use “2% of his wealth to end world hunger”

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by squaremild It’s weird — I remember a lot about the UN World Food Program challenge and his response: “Show me a plan of action for the $6 billion and I will sell the Tesla stock necessary today.” Well the UN didn’t come through but Elon did it anyway. It’s unclear, however, where Musk will … Read more

Once again, credit leads equities – high yield has been leaking (wider spreads, higher yields, risk off) for weeks while stocks marched higher – listen to credit.

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Once again, credit leads equities – high yield has been leaking (wider spreads, higher yields, risk off) for weeks while stocks marched higher – listen to credit. https://t.co/4cVbeIJFhj pic.twitter.com/EpUIJG7CU8 — Lawrence McDonald (@Convertbond) April 30, 2022 How #hedgefunds are positioned in futures. $TNX $TYX $SPX $RUT $NDX $VIX $GLD $EUR $USD $WTI https://t.co/I27AmvElG2 pic.twitter.com/XFMnM50G6J — … Read more

Kremlin accuses US of ‘expropriation’

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White House plan to ‘streamline’ seizure of Russian private assets goes against all legal norms, Moscow believes Washington’s plan to expand its authority to “seize and forfeit” the assets of so-called Russian “oligarchs” to provide financial aid to Kiev is nothing but “expropriation” that tramples on the very right to private property, Kremlin spokesman Dmitry … Read more