There were 1.9 trillion transactions in penny stocks last month, an increase of more than 2,000% from a year earlier. “The only relevant historical precedent seems to increasingly be the days before the Great Depression.”

There were 1.9 trillion transactions in penny stocks last month, an increase of more than 2,000% from a year earlier. “The only relevant historical precedent seems to increasingly be the days before the Great Depression." via @MatthewPhillips https://t.co/fkR0m5mNO7 pic.twitter.com/lK6D0k2zTQ — …

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Sears is now a penny stock.

SEARS now penny stock… In the latest indignity for a once-grand retailer, the share price fell below $1 on Friday for the first time in the company’s history, dropping as much as 15% to 85 cents in midday trading. Falling …

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IOU’s To The Penny

by Chris The un(der)funded liabilities of the US accumulate at roughly 4x to 5x of the rate of cash burn, so on an accrual basis the total future ‘load’ of the US is growing by roughly 5 trillion dollars per …

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