BlackRock is the largest (?) among? the big guys of wall street. BlackRock lead the consortium to buy back the Panama Canal ports. There's probably enough money there to buy TikTok.
I was watching Fox at the same time - James Carville finished a spot with Martha McCallum and he was incredibly good. She clearly thought he was going to trash Democrats and he did not. He rejected her GOP framing too, which I love.
Press has also memory-holed that the Butler shooter was in a commercial for them. Now they want to control Social Security and its trillions of dollars. What a coincidence
And in turn, those opportunities create the opportunity for an orgy of mass murder of the super-rich in revenge for profiting off of needless human suffering. This is the fair trade I advocate.
If you think about it, there's nothing wrong with a 100% market reduction, because The Line Which Goeth Up is simply the egregore of planet-destroying human avarice and the priests of Line are devotees of a death cult headquartered in a temple on Wall Street.
Motivated reasoning is a powerful drug. Start with the requirement to support a particular group, construct arguments from there. If you'd make the precise opposite argument with the other party in power, just stop.
Buying opportunities for stock? Crash the market and buy cheap?
The casualties of their game of Monopoly are job loss, home loss and possible life loss.
Worries had been rising about a worst-case scenario for the economy and for the Fed, one where economic growth was stagnating but inflation remained high. The Fed has no good tool to fix such “stagflation” because lower interest rates can push inflation higher.
People often forget the U.S. economy didn't really bounce back until the early 1950s thanks in no small part to the Korean War. The late 1940s was pretty rough, even if they gloss over that in a lot of pop documentaries that skip from the sacrifices of World War II to postwar boom times of the '50s.
almost like a whole narrative has been created to shift blame away from the fed and the banks that created this hyper inflated bubble because they couldn't stomach covid bringing stocks back to long term trend-line. Now the crisis is the long term mean in stocks? Hard to follow bc it feels like bs.
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Tell us you’ve never worried about retiring without *telling* us you’ve never worried about retiring, Larry.
But clearly they mean it in the bad way
The casualties of their game of Monopoly are job loss, home loss and possible life loss.
Like I’d be fine.
Two wars?
Worries had been rising about a worst-case scenario for the economy and for the Fed, one where economic growth was stagnating but inflation remained high. The Fed has no good tool to fix such “stagflation” because lower interest rates can push inflation higher.
It's true that this would be great for young'uns who are just starting out in the working world.
But it would be devastating for retirees, who may also be facing DOGE Social Security cuts.