
Trump is president so stop bitching and go work at Panda Express
source: @MAGAVoice on X There was a major vibe shift right after Trump was elected to this new exuberance and optimism that Trump will usher in this golden age of prosperity, that echoes Ronald Reagan. However, like with Reaganism this vibe shift entails a more sinister narrative that because everything is great now that Trump...
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Hua Bin • February 1, 2025 • 900 Words
Chinese economy has slowed down significantly since Covid-19 outbreak. The average GDP growth rates for the last 5 years have been between 5 to 6%, down from the previous 5 years between 7-9%. Growth in 2024 was 5%. China’s property market, which accounted for 25-30% of GDP most of the last 2 decades, went through...
Read MoreFed Chair, Jerome Powell, is considering a pause in rate hikes, and then three rate cuts in 2024. In response to talks of a pivot, the Dow soared to near all-time highs, with overall market sentiment hyper bullish. However, yesterday stocks plummeted like last week never happened. We are still hearing the same propaganda about...
Read MoreI have been following financial commentator, Peter Schiff, since the Ron Paul movement and his Senate run. Schiff was one of several, including Michael Burry, to forecast the 08’ financial crash. Now he is predicting a Depression that will be much worse than the 1930s. That is because it will be inflationary rather than deflationary....
Read MorePowell & Yellen flipflopping on Rate Hikes and Bank Deposits signals greater Volatility
Yesterday, the Fed raised interest rates by .25 basis points, as the Fed did in February before the banking crisis. I speculated that a bank scare could cause the Fed to pivot, but this modest rate hike did not surprise me, as the CPI came in at 6% inflation for February, and there are signs...
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Fed Trap: Financial Collapse or Hyper Inflation?
With this banking crisis, which has serious Lehman vibes, it is a good time to revisit my article, Is This The End of The End of History, from March of last year. The article delt with the theme of collapse vs stagnation, and historical cycles, in light of the Ukraine war, the post-pandemic climate, the...
Read MoreThe prospects for UBI in light of inflation, automation, polarization, and consolidation of power
It could not be better timing for Universal Basic Income to rise in popularity and enter the public discourse, and then inflation sets in. Overall there is currently less discussion of UBI then during the 2020 election and the pandemic. The stimulus checks have been blamed for causing inflation, with the overall money supply increasing...
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