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Six months ago, at the day of Jimmy Carter’s passing, thorough a response to someone’s message, I mentioned that the curse he put on Iran by bringing Mullahs and overthrowing Shah was going to crack by his death. The Mullahs will fall in 2-3 days - months when octopus is gone.
I haven’t seen a single useful video from tiktok until this one. This guy understands the ponzi.
When the history of this collapse is written this photo will be in every textbook under the title, The Collapse: 2020's Marie Antoinette Award Winners. @RudyHavenstein
why didn't you buy the dip? "because I was fully invested at the highs"
Trade war
FUN FACTS: MAGA hats are Made in China. JOE hats are union-made here in the USA. Goodyear tires are American-made.
40 million in jobless claims, including millions in May. ADP down 2.7 million But payrolls are up 2.5 million. The reason everyone missed it is there was no indication this was going to happen
in an alternate universe, the unemployment rate is the percentage of people that don't have jobs
When you open a new trade and it immediately goes against you, close it:
“There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.” John Adams, 1826
What if the markets end up having a lowercase "h" shaped recovery?
China threatening to use its holdings of Treasuries as a political weapon. Coronavirus: China could cut US debt holdings in response to White House Covid-19 compensation threats, analysts say | South China Morning Post scmp.com/economy/china-…
Doing some rough math, it looks like the combined value of the U.S. stock market gains off of the recent lows is roughly equivalent to the combined actual-plus-announced increases in the National Debt.
The average down-payment on a house has been 6% JPM just increased the minimum down payment to 20% with a 700+ FICO score. Expect all the other large banks to follow suit. The banks see the writing on the wall. Deep recession and wave of defaults coming Brace for impact Boom
Former Fed Chairman @benbernanke claims trillions of dollar of money printing is not inflationary because airfares are falling, and fewer people are eating in restaurants. I'm not sure how much money Bernanke paid MIT for his economics PhD, but he should demand a refund.
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