Buffet Says Crypto Is Investment Hysteria
Crypto ranks as one of history’s great financial manias, and like previous ones, it will leave many speculators very disappointed.
890 articles · page 14 of 45
Crypto ranks as one of history’s great financial manias, and like previous ones, it will leave many speculators very disappointed.
Millennials are being squeezed out of homeownership and that will reduce their ability to become wealthy over the next decades, increase health risks, reduce neighborhood cohesion, and impair educational advances for the kids of renters. All of these are important side-effects when people become prolonged members of the rental class. While homeownership is recognized as…
This article was originally published on April 22, 2022, and updated on May 25, 2022. Even before the horrific murders in Texas, guns were killing more kids in the US than any other source. But this is no surprise. From the My Lai massacre in Vietnam in 1968 to the recent…
Celebrate Capitalism With These 3 Posters Celebrate Capitalism—-Vintage Set of 3 Futures Trading Posters. They measure 24″ x 18″ and cost $135 for three or $45 each, plus postage to your location. See the posters below. If ordering individually, specify which one you want. The condition is “New.” It is shipped with USPS Priority Mail.
It’s an open secret that Wall Street firms love to capitalize on any new trend regardless of whether it has merit or makes sense. Crypto is an excellent example of an investing fad with no substance but is embraced because it attracts new money. But when it comes to ethical investing, Wall Street…
With world opinion now focused on news that Russian forces have committed crimes in the Ukraine war, it’s important to note that no army has a monopoly on committing war crimes against civilians in any war zone worldwide. As this article by Chris Hedges on the site, Substack, points out, the U.S. committed…
ESG investing may have $17 trillion in assets under management worldwide, but to Barry Diller, chairman of the media company IAC, ESG (Environmental, Social, and Governance) investing should not exist because it interferes with Florida’s “Don’t Say Gay” bill. In an interview with CNN’s Brian Stelter that aired April 1, 2022, Diller said the Disney…
Many Russian oligarchs made their money the old-fashioned way: they stole it when Russia privatized state assets. Republicans want to privatize USA institutions (such as the USPS), as well as utilities and state agencies. Watch out: American oligarchs could happen here.
Crypto regulation anyone? Definitely not in the gray world of cryptocurrencies and crypto exchanges. Just like abolishing the carried interest tax loophole is like showing the silver cross to vampires, enacting regulation in the crypto world is a real deal-breaker. So with the Ukraine invasion as the catalyst to stop Russian oligarchs…
When injustice becomes law, resistance becomes duty. –Thomas Jefferson What would the Democratic Party look like today if the administration of President Barack Obama would have prosecuted the senior executives of the nation’s largest financial firms that caused the 2008 recession? Could those prosecutions have prevented the election of Donald Trump? Could those…
When Republican Representatives Marjorie Taylor Greene of Georgia and Paul Gosar of Arizona spoke at a white supremacist event in Orlando, Florida, organized by White nationalist Nick Fuentes, only three Republicans criticized their participation. Why only three Republicans? The answer: Other Republicans are on the sidelines because they either don’t have the backbone to criticize…
The Ukrainian people are tougher than Americans. No doubt. Today, the wimpy Dems and the traitorous Republicans are doing nothing to help the Ukrainians. This is certainly not a new development. This is a repeat of what happened in the late-1930s when the Nazis were preparing to invade neighboring nations in the full-scale buildup to…
This Sunday’s Superbowl may be the largest sporting event of the year. Still, it also shows the links between online sports betting, crypto-mania, rising distrust of government distrust, and wage stagnation. While sports fans know the game features two great teams, it will also be the cause for lots of betting. According to…
Vacation rentals are a way to generate extra income, get equity, and supplement retirement income, but it takes effort and research.
A recent decision by the US Department of Labor and the Biden administration to allow private equity funds into 401(k) plans is a huge payoff to major Wall Street investment companies who will now allow investors to be exposed to high-fee, high-risk private equity funds. In the latest setback for investors, the Biden administration’s…
The US Supreme Court ruled on Jan. 24, 2022, that investors can sue employers and managers if they charge excessive mutual fund management fees. In the 8-0 decision in the case, Hughes v. Northwestern University, the conservative-leaning Supreme Court found that “401(k) plan participants could continue to take legal action against employers…
It’s clear to anyone with a background in investing that crypto is a global hysteria where value is driven by crowd emotions, and hyped supply and demand. This makes it an ideal vehicle for crypto scams. The mass global hysteria has boosted the cryptocurrency market to $US 2.63 trillion, but despite this astronomical…
Trump delayed, downplayed, ignored, ridiculed, failed to enact a cohesive federal policy, and converted a natural epidemic into a political cause for a dubious and, as yet, unarticulated reason. He should now be held accountable for the unnecessary COVID deaths h caused.
The Republican Jewish Coalition (RJC), as this site has pointed out many times before, was the most significant PAC contributor to Trump’s presidential campaign. In the process, the RJC enabled and financed all of his activities, including those related to sponsoring and associating with anti-Semitic, QAnon, and white nationalist hate groups. This…
Celebrate capitalism with these three classic trading posters. Order them here. https://www.ebay.com/itm/Celebrate-Capitalism-3-Vintage-Futures-Trading-Posters-24×18-35-each/274708754215…