Credit is the most important part of the economy—and probably the least understood. It's the biggest and most volatile part.
When borrowers receive credit, they increase their spending. Because one person’s spending is another person’s income, increased spending drives the economy forward and creates a self-reinforcing pattern of economic growth.
Understanding how credit works is key to understanding economic cycles.
#RayDalio #Economy #Credit #Finance
This day aired 10 years ago, what started off as a normal day for Liv and Noah at the park, takes a drastic turn when a little boy pulls out a gun from his backpack.
Law & Order #SVU: Season 18 Episode 1 "Terrorized"
September 21, 2016
En 2018, des centaines de milliers de Français étaient descendus dans la rue avec leur gilet jaune parce que le litre de gazole avait atteint 1,4655 € (soit 6,33 dollars le gallon, pour mes abonnés américains).
Aujourd’hui, on est à 2,413 € le litre (10,50 dollars le gallon), Et personne ne bouge.
Le peuple français est résigné.
@GavinNewsom Aren’t you the same guy who signed a bill into law that criminalizes and penalizes those who expose fraud in your state?
You have no room to talk.
Why does the U.S. education system only teach children about the Jewish Holocaust, when there was an even bigger Holocaust against Christians unfolding from 1917-1946?
Over 60 million Christians were killed, so why are we only taught about the 6 million?
📺On September 20, 1993, Daphne Maxwell Reid made her first appearance as Vivian Banks, replacing Janet Hubert as a series regular on NBC’s ‘The Fresh Prince of Bel-Air.’
During the episode, Jazz remarked that something was different about Aunt Viv since she had the baby, prompting Will to break the fourth wall and stare directly into the camera
“Never Gonna Give You Up” is the debut single from Rick Astley’s 1987 album Whenever You Need Somebody. Produced by the legendary Stock Aitken Waterman (SAW), the infectious dance-pop track became a massive global phenomenon, reaching #1 on the Billboard Hot 100 and the UK Singles Chart, and topping the charts in 25 countries. Astley’s rich, deep baritone voice surprised the world, making him an overnight sensation.
Astley was originally working as a "tea boy" in the SAW studios when producers discovered his incredible singing voice. When the song first hit the radio, listeners assumed the deep, soulful voice belonged to an older Black American singer, only to be shocked when the music video revealed a skinny, 21-year-old redhead. Two decades later, the track achieved immortality when it became the centerpiece of the "Rickroll," the internet's most famous bait-and-switch meme. The phenomenon was so culturally significant that Astley himself Rickrolled millions of Americans during a surprise live performance at the 2008 Macy's Thanksgiving Day Parade.
Italian Prime Minister Giorgia Meloni plans new rules to limit foreign students per class, require Italian lessons for parents, and ban burqas and niqabs in schools https://t.co/UN1TCmLJog