@Nostre_damus Half the Silent Generation are deaf so the can’t hear the turn signal clicking
Another half have wet macular or cataracts so they can barely see blinking turn signal light
Still, they gotta get to VA or wherever for kidney dialysis
Kids and grandkids too self absorbed to help
@baldguymoney So if china still holds $650b of Treasuries (maturity distribution unclear), how much do they lose as yield curve rises?
Ditto hapless UK and Japan.
@DanEastman2023@RayDalio@TheNavroopSingh Right. Selling the bond now to cut losses, sitting on the sidelines, then buying back in later after rate increases have run their course?
Bonds are about losing less than keeping the cash under the mattress, while posting as collateral for something else
@SEmmert1929@Rebecca21951651@stevenemassey The whole point of the bogus research cooperation program with China was to keep track of what Wuhan was doing by way of biological warfare research.
However it ended up fostering it, followed by PLA shutdown. A big embarrassment for the IC that necessitated the ongoing coverup
@Rebecca21951651@CristinaDragani Appeal failed. However Libby never served a day in jail. Bush commuted, Trump pardoned.
Plame’s outing was revenge for her husband’s doubting of Iraq’s purchase of yellow cake in Niger
@TOzgokmen@Kathleen_Tyson_ Worth repeating: SSI is not an ‘entitlement’
It is a conventional life annuity with survivor benefit same as annuities insurance companies sell
Ssi recipients, with matching employer contributions, purchase an annuity contract with the govt.
Strictly business, not charity.
@TOzgokmen@Kathleen_Tyson_ 9. Well, they just cut section D of Medicare, Rx.
SSI is cut every year via inadequate adjustments for inflation (rather than lost purchasing power)
This year they bumped the obligatory Medicare premium so much that low end ssi recipients actually got a SMALLER check!
@Gotnotime20@ekwufinance Not clear how much of export gold is stolen, eg from Iraq, Venezuela and others.
Not coming from ft Knox etc.
Federal Reserve Bank of NY has a big vault too, unclear if any is being sold.
@Gotnotime20@ekwufinance Export works out to 16 million ounces at $4k per ounce. At 32k ounces per ton, about 500 tons.
China, Russia and Australia are the leading gold miners. US produces 200 tons
JPM is the largest bullion bank and likely the main seller of their and client physical gold
@Gotnotime20@ekwufinance Question is, how much physical gold does JPM have left, are they willing to sell all of it, can the export level be kept up indefinitely?
@Rebecca21951651@stevenemassey A “research-related incident” is proven beyond any reasonable doubt.
The main interest now is whether remote forensics can establish the nuances in the absence of cooperation because leak denials and coverups will always be with us
@Alkibiades_ Ludicrous. US has been talking rebirth of shipbuilding since Christ was corporeal.
AI: China just ate our breakfast, lunch and dinner
Friendshoring? Everyone hates us. With good reason
Pharma generics amassive loss leader. Medicare D just got whacked. Rx smuggled Mx n Ca