Quick Overview is up to date
Spend twenty minutes per week browsing Investment Tools and you will be better informed than most financial experts!
Iranian parliament voted to impose the death penalty on all protesters in custody as a "hard lesson" for all rebels ...14,000-15,000 have been arrested
The UN says that as of November 15th the
planet will have 8 billion humans.
Regarding the above chart it is perhaps worth noting that a 1950 $ is worth $12.73 today - making the 5 trillion looking a bit - needy?
Notes today:
Bank of Japan’s Suzuki; “ we must seek an exit from massive fiscal
stimulus”..
People are fleeing Musk’s Twitter for Mastodon, but what is it? checking it out
Notes today:
Nassim Nicholas Taleb @nntaleb
Musk paid $44bn for something now worth perhaps ~15 & w/ rates no longer 0, he needs that thing only a few of us still remember called "profits". Not "valuation", but "profits" & "cash flow" (see finance 101). He badly needs the system (still) driven by the minority rule. Sorry.
(AKA - betting on the come - loaded with debt; interest alone will be billions of dollars each year.)
Btw- the second largest investor in Musk's Twitter appears to be .. Saudi Arabia 👎 Meanwhile, an American citizen has been sentenced to 16 years in prison in Saudi Arabia for "tweeting" critically about the Saudi regime.
Todays quote: Star Trek’s Spock says, “It is dangerous to be
ill-informed about facts”
Notes today:
Brazil FT: Bolsonaro’s colorful personal life, with three
marriages and two divorces, has not stopped him from winning support from
evangelicals. He has also gained ground among the poor, thanks to a programme
of cash handouts for lower-income families
California Poised to Overtake Germany as World’s No. 4 Economy
The truth is that California outperforms the US and the rest of world across many industries.
U.S, China, Japan and California 👍👍
Worldwide, homes are worth $90trn (for comparison, stock
markets are worth $90trn), and account for half of all wealth.
The relentless Yen - will it end?