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Kevin O Leary and Scarmucci you guys are plugging AFTER SBF/FTX.. I’m 98% positive crypto is one massive marketing scam @Scaramucci @cryptomanran—let’s make bank by marketing/helping to light 🔥 blue collar savings on fire.. @RaoulGMI 👏👏Great work guys
Global monetary system is fixed.. We can buy financial assets again 🙃
CHINA STATE BANKS SOLD DOLLARS TO SUPPORT YUAN TUESDAY -RTRS and bought stocks
The stats are literally a dart throwing monkey could beat the "average" hedge fund.. the monkey would have less pedigree and sound a little more ignorant...but results matter 🤷♂️
Does this mean revenue less, profit less, growth/tech start ups hemorrhaging tens of millions in cash each quarter aren't worth $10-$20 billion dollars???.. I mean who knew 🤷♂️.. Can't they IPO onto retail pension funds at 150x sales? Shucks!
Pension and endowment funds are about to be crushed.
I think this will long be remembered by historians as possibly the day Europe changed...
Matt Stoller for the win @SSprotege.. also Goliath is a great book
We've set up our society so we serve this made-up thing called 'the economy,' instead of structuring commerce so that we prioritize our families, our communities, and our religions.
I’m not really political but this might be some of the dumbest administration tweets we’ve ever had.. which is saying something 🇺🇸
Gas prices fell by $1.30 this summer, that's good news for families. But energy companies are making record profits and retailer margins are 30% above normal. That’s money that should be in folks' pockets. Industry must pass savings on to consumers by lowering prices. Now.
Your tweets are always fascinating—thank you @vtchakarova
Against the backdrop of China-Russia meeting between Xi Jinping and Putin, what are the real motives and geopolitical interests of the two leaders and their countries to enter a modus vivendi of systemic coordination? My thread 🧵on the #DragonBear from #realpolitik perspective.
Just left another meeting with Jared Kushner’s COVID task force! We all sat around a big table and said “Deliverables” over and over for one hour. Then Jared looked at his watch and said “Shit, I gotta run to the Stock Market” and then the meeting was over
To bring back a civil society and middle class in America.
Bailouts are a temporary salve. To return to the post WWII growth that benefitted all of America, we need to think bolder and smarter. It’s time to go big. via @BW bloomberg.com/news/features/…
bloomberg.com
The U.S. Needs Way More Than a Bailout to Recover From Covid-19
Shore up the markets, sure, but don’t stop there. It’s time for Congress and the White House to do things that have been unthinkable since JFK’s moonshot. It’s time to go big.
a16z.com
It’s Time to Build | Andreessen Horowitz
Every Western institution was unprepared for the coronavirus pandemic, despite many prior warnings. This monumental failure of institutional effectiveness will reverberate for the rest of the decade,...
Answer: Yes... Why? Because the econ. elites of your generation made the US simply a provider of "financial assets" in a global econ system where goods/services production moved offshore while our moronic econ. system trades paper and is consumer of last global resort
As all Republicans know, this is only because nondefense spending is out of control and must be slashed. Huge tax give-aways to the ultra-wealthy and a blank check for the Pentagon had nothing to do with it.
The U.S. federal deficit grew 17.1% in 2019, compared with a 28.2% increase in 2018 on.wsj.com/3a96zJK
Feel free to short the $AUD dollar after "algos" pop it on any announcement of a "trade deal".
In addition had you called the world together to demand a new/updated global banking system--@BarackObama
Just imagine if you hadn't put Citigroup in charge of picking your cabinets, and if you had never listened to Larry Summers, and if you'd had an AG to go after banksters, and a Treasury Secretary who wasn't auditioning for Warburg Pincus...Imagine.
No shit. Even The Economist admitted this already. Engagement with dictatorships doesn’t liberalize them, it empowers them. Xi is following Putin’s model, using western money to strengthen his repression at home and spread anti-democratic corruption abroad.
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