$CENN To The Moon

Live. Laugh. Love CENNTRO. $CENN, WangGang, LFG! 💎 🙌 230. also, this is not to be taken as financial advice whatsoever. THIS IS PURE ENTERTAINMENT

[$CENN To The Moon @704VsTheWorld]

$Cenn is the future.

[adam @Adam_Aguirre_]

@hoejackboresman

[Tom Gara @tomgara]

WSJ calls out ProPublica for deploying harmful wealthist language against plus sized yachts. https://t.co/OXNFacnbaU

[Holly McCall @jhollymc]

As a note: Rep. Justin Lafferty, who just shoved @brotherjones_ is the same representative who defended The Three-Fifths Compromise in 2021, the federal measure that counted enslaved people as three-fifths of a person. https://t.co/AP5AUObZPa

[The Daily Show @TheDailyShow]

Congrats to Donald Trump on finally winning a majority of votes!

[$CENN To The Moon @704VsTheWorld]

@ZackKestner If we handed out machetes to millions of people, danger would ensue, sure.

Certainly people would be properly trained on how to use this weapon, arguing that it’s safe, for protection.

But giving a machete to any % of idiots is dangerous.

Why would this be a good idea?

[daanksy @daanksy]

The top row shows how much they have in assets (things they own). Assets could be cash, stocks, office furniture, buildings, etc.

The second row shows how much they have in liabilities (things they owe). Liabilities could be loans they’ve taken out, or other things they need to pay back.

The third row is “equity”, which is the amount of money they’d have if they sold all their assets and cleared all their debts. It is their “Net Worth”

They figure out this ‘equity’ number using a simple equation:

(Assets) - (Liabilities) = (Equity)

- or -

(things they own) - (things they owe) =(their net worth)

Other than that, the rest of the rows on this balance sheet are fairly insignificant for what I’m trying to show. Which is:

*drum roll*

If they ended their year in 2022 with 16.3B in equity, and sold the whole company for 500M in March of 2023, they effectively lost 97% of their companies “net worth” (equity) in three months.

[The Kobeissi Letter @KobeissiLetter]

Over the next 5 years, more than $2.5 trillion in commercial real estate debt will mature.

This is by far more than any 5 year period in history.

Meanwhile, rates have more than doubled and commercial real estate is only 60-70% occupied.

Refinancing these loans is going to be incredibly expensive and likely lead to the next major crisis.

The worst part?

70% of commercial real estate loans are owned by small banks.

Rapidly rising rates are teaching everyone a valuable lesson.

There's no such thing as "free" money.

[CALL TO ACTIVISM @CalltoActivism]

In a stunning turn of events, a judge has temporarily blocked a new Wyoming law that would have classified almost all abortions in the state as felonies. But what makes this decision particularly noteworthy is that the judge used a rule established by Republicans themselves to do it.

This rule, which was added to the state's constitution in 2012 as a reaction to then-President Barack Obama, was intended to prevent the government from meddling in healthcare matters - an effort primarily aimed at blocking the Affordable Care Act.

So, in a strange twist of fate, the rule meant to thwart Obama's healthcare agenda has now been used to stop an abortion law in its tracks.

Thank you, Obama!

[Tristan Snell @TristanSnell]

I bet Trump has already been indicted, under seal for now.

The security and logistics meeting next week would probably not be taking place until the indictment was official.

It will be unsealed at the time he’s arrested and arraigned in court.

[Tristan Snell @TristanSnell]

Why?!?

The explanation that comes to mind is that *something* in the evidence submitted by DOJ has suddenly caused these judges to act with urgency we’ve never seen before.

My bet is that there’s an imminent/ongoing threat to national security that has created an emergency.

[Tristan Snell @TristanSnell]

Also, this isn’t just a schedule from a single district court judge who’s just feeling cantankerous.

This is from a 3-judge panel of the DC Circuit, the second most important and prestigious court in America after the Supreme Court.

There is likely something brewing here.

[Sam Hoadley-Brill @deonteleologist]

Greg Wickenkamp taught 8th-grade social studies in Iowa, where a GOP state legislator accused him of violating a law against teaching CRT.

Mr. Wickenkamp asked his superintendent whether he was allowed to teach students that slavery is wrong.

She couldn't give him an answer.

[$CENN To The Moon @704VsTheWorld]

@TheChaseWatts @davidgerard Define “it.”

[Compound248 💰 @compound248]

I literally was the Head of Strategy at Twitter.

Not even kidding.

Anyone who followed me last year knows this is true - @elonmusk can verify.

[Kat Abughazaleh @KatAbughazaleh]

Tucker Carlson is priming his viewers for right-wing radicalization.

Here are two nearly identical interviews with two different guests from tonight's show:

[$CENN To The Moon @704VsTheWorld]

@davidrvetter Their version of beauty. I’m ☠️

[Wall Street Mav @WallStreetMav]

More photos of the East Palestine, Ohio train derailment, explosion, and vinyl chloride burning.

#EastPalestineIncident

[BetOnline @BetOnline_ag]

@KingJames How the Kyrie trade went down

[$CENN To The Moon @704VsTheWorld]

@DrAnitaBEtin Excuse me, Doctor Anita B. Etin - that is the greatest Twitter handle of all time. Hands down, no second place to anyone, ever.

[Stephen Miran @SteveMiran]

CONCLUSION: The missing construction layoffs ARE the missing recession. If they come, we'll have a recession. There's a reason for expecting them to come (homes under construction lagging sales), and reasons for expecting them not to (future demand picking up, private & public)

[Read Raising Expectations (and Raising Hell) @JPHilllllll]

I'm not sure people know just how bad the "cop city" project in Atlanta would be. They want a whole mock city to practice police repression.