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Business, Economics, and Taxes 2: That's Why We Fight to Take the Means Back

New? It’s been that way for decades. Cigarettes were proven safe at one point. This time it’s just more exposed.
Big Oil: "Global climate change is not caused by human-generated greenhouse gasses. We have these studies proving it."

Anyone with a functioning brain: "What about these hundreds of other peer-reviewed studies showing otherwise?"

Big Oil: "LALALALALA, CAN'T HEAR YOU, FAKE NEWS!!11!!1!!"
 
China said something about export controls on rare-earth minerals, Trump threatened more tariffs, market didn't like either.
Dont Mess with Tex...errr...China!

US stocks turned lower Friday as President Trump and China traded blows on tariffs, with Trump threatening a "massive increase" in tariffs on Chinese goods.

The Dow Jones Industrial Average (^DJI) lost 1.5%, or over 650 points, while the S&P 500 (^GSPC) fell over 2%. The tech-heavy Nasdaq Composite (^IXIC) slid over 2.7%, leading losses.
 

This is the guy the Tech Lords love...and he is beyond bat[bleep] crazy!
 

This is the guy the Tech Lords love...and he is beyond bat[bleep] crazy!
"Somehow he's both a Bond villain and a Buffy villain." :ROFLMAO:
 
China said something about export controls on rare-earth minerals, Trump threatened more tariffs, market didn't like either.
He reminds me of when my daughter was about 18mos old. She didn’t have a large vocabulary at the time, and walked around saying “Hi!l like a skipping 45-record. When it comes to international trade, Drumpf just knows one word, which isn’t nearly as cute.
 
You had me pissing my drawers until I found the scale. 6.73 to 6.67. Pretty picture; no damage.

When the crash comes, we'll know.
It got down to 646 an ended around 650. A >3% drop. Usually if the SPY moves a few points it's news. I almost reshorted at 9:45 after it jumped to 673 but deemed it not worth the risk. I could have turned $20 into $1100 by noon. :cry:
 
Only in America do we aggressively investigate and prosecute small-time fraud, while letting 40 years of grand larceny by the ultra-rich go largely unchecked.

And yes, you know why.

I mean to be fair that's everywhere. If there is a country without a two-tiered justice system I have never heard of it.

I guess there was one. Once.

Guillotine_-_Demarchy.jpg
 
As expected, we're finding out that Friday was total insider trading and market manipulation. Coffeezilla and others have tracked accounts that on Thursday started placing a series of smaller shorts on Bitcoin and Ethereum. They continued even after Dump's initial post, placing the last order seconds before the second post that sent the market into a freefall. 30 minutes later they covered and pocketed billions. With a b. One "lucky" investor turned $80,000,000 into $1.3 billion. Not bad for a few hours. I'm old enough to remember people being outraged that Hillary turned $20,000 into $100,000 betting on cattle futures....wonder how quiet the poutrage machine will be about this.
 
The one thing that makes me pause in the “empathy” was the news that some from Ukraine were getting into crypto thanks to the lack of confidence in their currency. Hope not too many good people got caught up in this.
 
Yeah, I agree I feel bad for Ukraine. But, what do you expect when you have Putin in office and you used to be part of the Soviet Union?

The world rhymes and a lot of what is going on was entirely predictable. Including the collapse of digital currency which is just the perfect currency for criminals.
 
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