Stock market gains in the pandemic Richest 1%: $6.5 trillion Bottom 90%: $1.2 trillion When people say "the stock market is going up," what they mean is "rich people are getting even richer" https://www.cnbc.com/2021/10/18/the-wealthiest-10percent-of-americans-own-a-record-89percent-of-all-us-stocks.html …
1/11 Every year lots of people make money. And lots change the culture. Very few do both. This is why the high-end art market exists, to facilitate the exchange between financial and cultural capital. If you understand this, you understand how NFT can take over the world :
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My column today is on Manchin (again) and specifically the opposition to freeing Americans from market dependence. Shoutout to
@rortybomb for his terrific book.https://www.nytimes.com/2021/10/19/opinion/manchin-biden-child-tax-credit.html …
What does it take to create the illusion of growth, prosperity & stable financial markets while instigating the greatest wealth transfer in history? $26 trillion in artificial intervention since 2007. $26 trillion in digital money printing since 2007. This is what it takes. pic.twitter.com/RvlflgEqZu
This is part of why the Cape Colony struggles to transform. There's a white cabal who control the prime property markets- who buys, lives in, rents AND SELLS. If you're not white, you're not right. Except to clean the garden, the sheets or do maintenence work. Voetsek. pic.twitter.com/4c05NkyvCg
BeiGene Stock Jump On Tuesday, Outperforms Market https://via.news/markets/beigene-stock-jump-tuesday-outperforms-market/ … (VIANEWS) - The NASDAQ ended the session with BeiGene rising 4.21% to $376.00 on Tuesday, after two consecutive sessions in a row of gains. NASDAQ Compos...pic.twitter.com/dKjEzmSCiM
The markets are getting ready for rate hikes that Liberals promised would never come.
Trudeau's & Freeland's borrow-and-spend economy assumed record low rates forever. Well, forever could soon run out... just like the money.