Latest Articles: Business/Finance
Corporate Welfare for a Play about the Founding Father of Corporate Welfare
Post Date: 2021-07-05 17:25:50 by Ada
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The Senile Joe administration is reportedly giving at least $50 million in corporate welfare to the Puerto Rican socialist Lin-Manual Miranda, the director of the Broadway play “Hamilton,” despite the fact that the play has grossed more than $650 million on Broadway alone. Hamilton was of course the founding father of corporate welfare with his silly “infant industry” argument for such subsidies. Ben Bernanke also once praised him as the founding father of central banking in America since he championed the first federal bank controlled by politicians, the long-defunct Bank of the United States. He was also a hyper protectionist, another form of corporate welfare at the ...
Where Elon Musk Lives Since He Pledged To Ditch ‘Almost All Physical Possessions’
Post Date: 2021-07-03 15:57:59 by BTP Holdings
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Where Elon Musk Lives Since He Pledged To Ditch ‘Almost All Physical Possessions’ Sergei Klebnikov Forbes Staff DAILY COVER | Jul 3, 2021, 06:30am EDT After promising to sell nearly everything he owned last year including six mansions in California, Tesla’s billionaire CEO has taken up residence in a studio-apartment sized rental – here’s what it looks like inside and out. If you’re looking for the world’s third richest person, you won’t find him living among the billionaires. After selling off most of his real estate assets and moving to Texas in the past year, Tesla cofounder and CEO Elon Musk revealed in early June that he now only owns one ...
Where Elon Musk Lives Since He Pledged To Ditch ‘Almost All Physical Possessions’
Post Date: 2021-07-03 12:26:58 by Ada
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After promising to sell nearly everything he owned last year including six mansions in California, Tesla’s billionaire CEO has taken up residence in a studio-apartment sized rental – here’s what it looks like inside and out. If you’re looking for the world’s third richest person, you won’t find him living among the billionaires. After selling off most of his real estate assets and moving to Texas in the past year, Tesla cofounder and CEO Elon Musk revealed in early June that he now only owns one house (in the Bay Area)—and that his primary residence is a tiny box house that he says he rents from his rocket company, SpaceX. The house, which is around 400 ...
Banking Faces Seismic Changes
Post Date: 2021-07-02 09:11:21 by Ada
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The role of commercial banks in the global economy is changing, with lending to governments and their agencies now more important than lending to goods and services industries. It is a trend which is due to continue. The new Basel 3 regulations seem set to encourage this trend, despite retail depositors being accorded a stable funding status. Central bank digital currencies are anticipated to augment and perhaps replace non- financial business credit over the next five to ten years. But the increasing financialisation of commercial banking brings the risk of tying its future firmly to a financial bubble. And with price inflation on the increase, it is only a matter of very little time ...
Move Over Bitcoin, HereÂ’s CriminalsÂ’ Preferred Crypto
Post Date: 2021-06-29 07:53:54 by Ada
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Monero, and other private coins, drive the new cyber currency arms race. Reality, they say, is stranger than fiction. But the lines between the two are quickly blurring. With 58 different gender identities and professors at Cornell asking if the term “black hole” is racist, one regularly finds themselves asking, how much more insane can reality get? Oh, plenty more. Last week, two brothers in South Africa disappeared with almost $3.6 billion in bitcoin. The duo, who operated Africrypt, one of the most influential cryptocurrency exchanges in Africa, are nowhere to be found. That’s a lot of money. According to Fortune, it’s by far the largest cryptocurrency loss in ...
Silver Slammed: Why I'm Doubling Down Using Recent Crypto Profits
Post Date: 2021-06-23 19:33:51 by BTP Holdings
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As you may already know, Mike Maloney took some significant profits from the crypto markets when Bitcoin was hovering around $60k. Now that we are experiencing a pullback in gold and silver, find out what Mike plans to do with that cash that has been patently sitting on the sidelines. You’ll also hear some great analysis from Jeff Clark and Adam Taggart on yesterday’s Fed announcement, as well as an update on the global housing bubble. Enjoy. Download Mike's best-selling book for free here: pages.goldsilver.com/freeb oo k Thanks for sharing and clicking that 'Like' button. For those wondering why our videos don't appear in their subscription feed immediately - we ...
Fast Food Chains Charging a Lot More
Post Date: 2021-06-23 10:42:03 by Ada
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Expensive fast food meals are surely transitory. Don’t worry about it. RT: In an attempt to increase sales and profits, and to offset rising food costs at the same time, fast-food chains like McDonald’s, KFC, and Wendy’s have started to move away from cheap items on their menus, replacing them with new, pricier meals, Reuters reports. The strategy, which reportedly lifted year-on-year sales at limited- service restaurants by 11.5% last month, is aimed at paring back $5- and-under ‘value’ items in favor of more expensive $10-to-$30 combination meals. Profit margins are also up at several major chains, according to data from Black Box Intelligence. “Value ...
"Something Has Changed" In Gold Market | Lobo Tiggre
Post Date: 2021-06-21 06:21:47 by BTP Holdings
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Gold's inverse relationship with real rates is weakening, but its inverse relationship with the US Dollar Index is getting stronger. The Independent Speculator Lobo Tiggre believes this shift shows that investors and large institutions are starting to distrust official inflation numbers and move towards gold. Lobo Tiggre online: http://independentspeculator.com Poster Comment:Lobo has some neat things on his bookshelf. An Estwing rock pick is one of them and some associated specimens to boot.
Digital Currency Troubles: Has the NFT Bubble Burst Already?
Post Date: 2021-06-20 12:04:58 by BTP Holdings
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Digital Currency Troubles: Has the NFT Bubble Burst Already? In recent years, the advent of digital currency and blockchain technology has dominated the conversation about finance. Despite this, a lot of confusion remains as to how this technology works, and how any investment into it can be productive. However, some are saying that it may already too late., Before many people even understood what an NFT was, has its time come and gone already? Let’s take a look. What Is an NFT? An NFT, or non-fungible token, is a unique digital asset. Made possible as an outgrowth of blockchain technology, NFT ownership is stored electronically in a distributed ledger the same way that Bitcoins ...
Why Ronaldo Hates Coca-Cola
Post Date: 2021-06-16 16:41:38 by Esso
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I Would Never Advise Anyone to Invest in Bitcoin
Post Date: 2021-06-12 11:25:23 by Ada
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I give a lot of health and fitness advice. In fact, I’m working on a big diet article, which will be an update of my previous work in the field. There is nothing more joyful to me than hearing from readers who have lost weight using my programs. I also advise people to become more religious and more spiritual, and to form a real relationship with Jesus Christ. I advise people to show self-respect by wearing nice clothes and engaging in good hygiene and grooming. I advise people to stay away from drugs – especially marijuana, opioids and other dangerous and addictive drugs, but also relatively harmless drugs like cocaine. I also advise people to be reasonable with their alcohol ...
Money, Monetary Policy, and Bitcoin | Ray Dalio at Consensus 2021
Post Date: 2021-06-06 21:11:11 by BTP Holdings
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In this video, you can see my full conversation with Coindesk's Michael Casey as part of Consensus 2021 in which we discuss the current financial environment in the U.S., including where we are in long-term debt cycles, monetary policy, inflation, currencies, and Bitcoin. For more from Ray: Click for Full Text!
Inflation or Deflation? What Is Going On?!?! Mike Maloney
Post Date: 2021-06-06 20:50:37 by BTP Holdings
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With prices rising substantially across just about every sector, the most common questions we’ve been receiving involve Mike Maloney’s theory of a potential short-term deflation before big inflation, or even hyperinflation. Watch today’s video update to get his latest thoughts. Wealthion conference: wealthion.com/conference Download Mike's best-selling book for free here: pages.goldsilver.com/freeb oo k Thanks for sharing and clicking that 'Like' button. For those wondering why our videos don't appear in their subscription feed immediately - we release our clips to our free weekly email readers first, then later we publish to YouTube. Sometimes it's just ...
Is This Type of Vicious Inflation Closing In on USA?
Post Date: 2021-06-06 20:31:51 by BTP Holdings
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Is This the Kind of Inflation Closing In on USA? For those hoping for a longer video, you’re in luck today. Join Mike Maloney, Jeff Clark and Adam Taggart in this in-depth update on government spending, inflation, gold, silver, Bitcoin…and more. Wealthion conference: Wealthion.com/conference Download Mike's best-selling book for free here: pages.goldsilver.com/freeb oo k Thanks for sharing and clicking that 'Like' button. For those wondering why our videos don't appear in their subscription feed immediately - we release our clips to our free weekly email readers first, then later we publish to YouTube. Sometimes it's just hours, sometimes it's a couple of ...
The Cover-Up Continues: the Truth About Bill Gates, Microsoft, and Jeffrey Epstein
Post Date: 2021-06-06 08:39:06 by Ada
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TABLE OF CONTENTS While more revelations about the Bill Gates–Jeffrey Epstein relationship have begun trickling out following the Gates’s divorce announcement, the strong evidence pointing to their relationship beginning decades prior to 2011 continues to be covered up by the media— not necessarily to protect Bill but to protect Microsoft. In early May, the announcement that Bill and Melinda Gates would be divorcing after twenty-seven years of marriage shocked both those that praise and those that loathe the “philanthropic” power couple. Less than a week after the initial announcement of the divorce, on May 7, the Daily Beast reported that Melinda Gates had ...
A Couple Things About Inflation
Post Date: 2021-06-05 18:27:50 by Horse
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The higher they push phantom "assets" based on exponential increases in leverage, the greater the air gap between essential tangibles and fantasy. Inflation is in the news, but there are a couple of things about inflation that don't get much coverage. Let's start with the trope that inflation is always a monetary phenomenon. Actually, no. When nutrient-rich soil and fresh water reserves are depleted, crop yields decline and as human population and appetites for animal protein soar, food becomes scarce. When food becomes scarce, prices rise accordingly. It doesn't matter what you do with money supply, prices will rise in relation to everything used as ...
Bitcoin miners and billionaires meet in private for the sake of transparency
Post Date: 2021-05-29 12:41:49 by BTP Holdings
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Bitcoin miners and billionaires meet in private for the sake of transparency MAY 28 2021, 11:21 AM EDT / AMATEO RA The crypto industry continues to be an unstoppable tour de force that doesn’t just disrupt industries such as banking and finance, crypto disrupts people’s perception and thinking. Many crypto industry leaders, developers, and community members put their heads down over the past 10 years to just keep building, regardless of market conditions. As the industry matured, the Bitcoin network grew, and the total market capitalization surpassed $1 trillion, establishing a certain legitimacy for the digital asset class. The anonymous creator of Bitcoin (Satoshi) famously ...
“ LEARJET WORLD ”
Post Date: 2021-05-24 04:52:08 by Esso
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Poster Comment:Not like the V-tail Bonanzas should kill all the MDs.
How they Stole a Boeing 727 and Disappeared Without A Trace
Post Date: 2021-05-21 07:47:52 by Esso
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There is No Reason to Attack Elon Over Bitcoin – Just Wait and See What He’s Doing!
Post Date: 2021-05-18 09:42:03 by Ada
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Elon Musk: Hero of Earth or Internet Villain? Wait and see! I am upset at Elon Musk for his decision to crash Bitcoin. I think this was a very bad decision. However, we need to consider context, and consider that maybe attacking him is not the best course of action. We need to remember that Elon was the one single famous person – not just the one billionaire but the one single famous person (other than like, Van Morrison and a few other minor people who aren’t big time famous) – who came out strong against the coronavirus hoax. I will never forget that show he did with Joe Rogan, where he just laid out all of the facts. It was incredible. Furthermore, he also has called ...
Who Dunnit Bill? Melinda Gates Sought Divorce After Epstein Reports
Post Date: 2021-05-16 10:16:07 by Ada
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Bill Gates with his business and philanthropic empires spanning the globe would have been a prime target for extortion. Befitting the billionaire tech geek, Bill Gates fell in love with his then young girlfriend Melinda after she won a game of Cluedo, the crime- mystery puzzle that relies on powers of deduction with the catchline, “Who Dunnit?”. It seems that Melinda, now 56, was able to summon those same powers of deduction in deciding to walk away from her 65-year-old husband and world-famous business guru. Their 27-year marriage is now heading for divorce which the philanthropic couple announced last week garnering world headlines, but without explaining the reason for their ...
The 7 craziest, over-the-top things Jeff Bezos has spent his money on
Post Date: 2021-05-11 09:11:02 by Ada
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Jeff Bezos buys $500M superyacht amid luxury industry boom How Jeff Bezos’ affair with Lauren Sanchez was revealed Why Jeff Bezos just moved $2.5B in Amazon stock 60 years after first American in space, tourists are lining up As the richest man in the world and the first-ever person to pass a net worth of $200 billion, Jeff Bezos has racked up a series of extravagant purchases in his lifetime. Most recently, the billionaire added a $500 million superyacht to that list. The 417-foot-long vessel will span several decks and have three enormous masts — and will also come with its own support yacht that’s outfitted with a helipad, Bloomberg Wealth reported. Further specific ...
Montana Is First State To Cancel Unemployment Benefits In Response To Unprecedented Worker Shortage
Post Date: 2021-05-07 10:08:19 by Ada
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Three weeks ago, when looking at the unprecedented labor shortage that is crippling the US economy (even with some 100 million Americans not in the labor force)... ...we said that there is a simple reason for this paradoxical phenomenon: trillions in Biden stimulus are now incentivizing potential workers not to seek gainful employment, but to sit back and collect the next stimmy check for doing absolutely nothing in what is becoming the world's greatest "under the radar" experiment in Universal Basic Income. Consider the following striking anecdotes from Bloomberg: Early in the Covid-19 pandemic, Melissa Anderson laid off all three full-time employees of her ...
I ate like Warren Buffett for a week - and it was miserable
Post Date: 2021-05-03 11:40:34 by Ada
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I ate like Warren Buffett for a week. Buffett does not eat very healthy. My body felt terrible by the end of the week. See more stories on Insider's business page. Warren Buffett is one of the most successful investors in history. He also has a really weird diet. Buffett's diet of sugary soda, junk food, and limited vegetables has reached legendary status. The Berkshire Hathaway CEO drinks about five cans of Coca-Cola products a day, constantly munches on See's Candies, and pours so much salt on his food that John Stumpf, the former Wells Fargo CEO, said watching Buffett dole it out was like a "snowstorm." Business Insider has tried various people's diets ...
The $3 Trillion Hidden Exposure Behind The Archegos Blowup
Post Date: 2021-04-30 16:01:09 by Horse
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Authored by Nick Dunbar of Risky Finance When the family office Archegos Capital abruptly imploded in late March, prompting $50 billion in block trades and $10 billion in losses at Credit Suisse, Nomura, UBS and Morgan Stanley, many bank analysts were taken by surprise. Last week, many of these analysts sounded frustrated listening to Credit Suisse’s earnings call in which senior management skirted round without giving any real detail about the disaster. “Do you think it’s possible that this could produce a very fundamental reset in how your IRB credit risk models work?” wondered Stefan Stalmann of Autonomous Research. “I mean you have only CHF20 billion to CHF25 ...
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