True story.
How the US defaulted on its debts and why the stock market went up | Ray Dalio posted on the topic | LinkedIn
When I was a young clerk on the floor of the New York Stock Exchange in 1971, the US ran out of money and defaulted on its debts. Now, they didn’t say it that way. But by moving away from the gold standard — the idea that people could exchange paper dollars for gold — money, as we understood i…
What is Labubu and what can it teach us about the 18.6-year Real Estate cycle?
*Hint. The cycle is closing in on it’s end, aka we’re in the”winner’s curse” phase.
Labubu, a collectible toy, may be telling us more about the economy than most headlines. | Property Sharemarket Economics/
2% CPI isn’t truthful.
What is “8%” and why is it a key number in modern finance? | Adrian Cercenia/
Them: Bitcoin is a bubble.
Me: Look at this chart.
Them: Exactly.
Me: You know that’s the chart for Gold, right?/
