Tesla drops below $1 trillion market cap

https://finance.yahoo.com/news/tesla-drops-below-1-trillion-market-cap-154047937.html Over the weekend CEO Elon Musk said he could sell more stock, in what many saw as an off-color response to a tweet from Senator Bernie Sanders. Musk sold about $6.9 billion in shares last week, sending the stock …

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80% of China’s National Debt is denominated in USD. This means that the CCP wants the USD to hyperinflate, as the $1.7 trillion debt they owe would be much easier to pay

by magnora7 Most governmental debt in the world is denominated in USD, so the headline doesn’t apply to just China either: https://miro.medium.com/max/840/0*IquGcDF-q_pHTayP.jpg If a government has a lot of debt, they may often try to “print their way out of it”, like …

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House Passes $1 Trillion Biden Squander Bill (Aka, “Infrastructure Bill”) That Contains Only $110 Billion In Infrastructure (The Rest Is PURE Pork Barrel Spending)

by confoundedinterest17 House Speaker Nancy Pelosi celebrated the passing of Biden’s Squander bill (aka, the infrastructure bill) in this concise discussion. The bill includes $110 billion in funding for roads, bridges and major projects, as well as $39 billion to modernize and …

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