Bravo Carlos, little titan, young wizard of Oz. A worthy champion, a huge talent, wonderful person and history-maker 🙌
And Australia, so much love 🫶🏼. No place like the happy slam. Forever grateful.
RFK Jr: “The idea that a cheap meal made of processed food is cheap is an illusion, because you’re paying for it on the back end.”
“You’re paying for it with diabetes, with obesity, with illness.”
“If you internalize that cost of the meal, it would be a tiny fraction of the long-term cost of eating bad food.”
Oatmeal (and I think that’s rice and sourdough) made the cut! In all seriousness, assuming overall calories are kept in check and people exercise & get sun(day)light, this looks spot on. Maybe up the veggies a bit, add low sugar fermented foods like sauerkraut & this is great.
.@SecKennedy: “The idea that a meal made of processed food is cheap is an illusion because you’re paying for it on the back end. You’re paying for it with diabetes, with obesity, with illness.”
“Consumers don't produce inflation. Producers don't produce inflation. Inflation is produced only by too much government spending and too much government creation of money, and nothing else.”
— Milton Friedman
History shows us that having too much debt during an economic downturn leads to a classic, self-reinforcing cycle where:
1) The empire can no longer borrow the money to repay its debts
2) It prints a lot of new money, which devalues the currency and raises inflation
3) Living standards decline, leading to the rise of political extremism
4) Turbulent economic conditions undermine productivity and there is conflict about how to divide the shrinking resources
5) Populist leaders emerge pledging to take control and bring about order
NEW— Palantir CEO Alex Karp on NYC Mayor Elect Zohran Mamdani:
“Obviously someone who has no work experience ever, who has views that have never worked, should not be put in charge of the most important enterprise of its kind, maybe in the world.
“You can trust the expert, or you can trust yourself. And if you trust the expert, you’re a fool. You’re going to have a worse life, be poorer, and less safe.
“Democrats— I’ve been most of my life saying, ‘what’s wrong with my party? How could I elect this person?
“I’m one of the few people actually fighting for the democrats.”
The reason government programs are so inefficient is that, unlike a commercial company, the feedback loop for improvement is broken, because they have a state-mandated monopoly and can’t go out of business if customers are unhappy.
No matter how bad the service is at your DMV (sorry to pick on DMVs), you still have to use your DMV, because it’s a monopoly.
RFK Jr. says new federal dietary guidelines will be released in December — and they’ll transform what Americans eat.
“We’re about to release dietary guidelines that are going to change the food culture in this country.”
“They’re going to change the kind of food the military gets.”
“They’re going to change the kind of food that our children get.”
“We’re releasing those in December.”
Vote FOR @elonmusk. The award is only achieved IF he hits exceptionally ambitious market-cap and operational milestones—if he falls short, he gets nothing. If he succeeds, shareholders will win big through unprecedented value creation, and he will earn added voting rights to continue driving @Tesla's long-term vision.
Thanks to President Trump's memorandum signed last week, the wheels are in motion to require every broadcast prescription drug ad to display its full safety facts on-screen.
We're excited to announce a strategic multi-year partnership with @suhoratech , a leading provider of dual-use ISR technologies! This exclusive seven-figure deal will significantly expand access to Satellogic's sub-meter resolution Earth Observation data across India and Nepal.
➡️ Read the full story: https://t.co/G7sK8fZmdD
I firmly believe financial literacy is the foundation for the American Dream.
@USTreasury is proud to continue working with the private and public sectors to put financial literacy on the map. But there is much more to do.
National Financial Literacy Month helps to emphasize the importance of teaching communities how to create wealth, put money away, invest in their futures, and take steps toward reaching this dream.
“Stocks have crashed. Something is broken.”
“The US Dollar index has crashed. Something is broken.”
Stocks are back to where they were in May 2024. P/E ratios are mean reverting back towards historical norms.
The US Dollar index is back to where it was in September 2024.
Perhaps this is when we need to take a deep breath and question who actually wants us to believe these hysteria inducing headlines?