@El_Daverino@Acyn For once, he didn't tell a lie. He indeed loves it. Reason: inflation is good for the rents on his properties, plus he's borrowed cheaply of course (hence: ask the fed to lower interest rate). He's hiding his true intentions of course, but no surprise there either.
@Acyn For once, he didn't tell a lie. He indeed loves it. Reason: inflation is good for the rents on his properties, plus he's borrowed cheaply of course (hence: ask the fed to lower interest rate). He's hiding his true intentions of course, but no surprise there either.
@donnelly_brent I agree that we are close to the top before a 80% correction on semi’s. But trading in the dot-com hype taught me it can always be worse . We’re still missing the level of sociatal obsession with the stock market as seen back then. And I would expect to see a $500+ B takeover.
Elon Musk is about to become the world's first trillionaire, and you should know exactly what that means in human lives.
If SpaceX's planned IPO lands the way investors expect, Musk will personally hold roughly $1.11 trillion in wealth from Tesla and SpaceX alone.
To grasp the scale: if you spent a million dollars every hour, around the clock, it would still take you over a century to burn through a trillion.
Now consider what that pile could actually do.
The Department of Housing and Urban Development estimates it would take about $20 billion to end homelessness in the United States. Musk's projected fortune could fund that for fifty-five years. Every veteran, every family in a shelter, every kid sleeping in a car. Off the street. For half a century.
The UN World Food Programme says ending world hunger by 2030 would cost roughly $40 billion a year. He could write that check for the next twenty-seven years and still have walking-around money left.
He could erase every penny of student debt held by the 20 million Americans under thirty-five, about $561 billion, and still have more than half a trillion sitting there.
He could fund universal Pre-K for every three- and four-year-old in America, at roughly $70 billion a year, for the next fifteen years.
He could do all of these things.
Instead the wealth just sits. Tied up in stock that produces nothing for the schoolteacher in Toledo, the nurse in Phoenix, the diabetic rationing insulin in Charlotte.
Paper riches built on workers who unionize and get fired, on government contracts paid by your taxes, on a tax code that lets him borrow against his shares instead of paying what a janitor pays.
A society that mints a trillionaire while one in seven American kids goes to bed food-insecure has not failed at math. It has succeeded at upward redistribution, and it's working exactly as designed.
The question isn't whether Musk earned it. The question is what kind of country lets one man hoard the cure for so many of our preventable wounds, and then calls it freedom.
This is so insanely corrupt, I can’t even believe it.
More than half the donors to Trump’s $400 million White House ballroom just won over $50 billion in new federal contracts in six months.
And here’s the part that should make your blood boil.
Sixteen of these 27 donors were facing federal enforcement actions, antitrust reviews, labor cases, securities charges. Many of those cases have been quietly dropped or scaled back since Trump took office. You write a check, your legal problems disappear. That’s not a coincidence.
The White House won’t even release the full donor list. They’re hiding it on purpose, because daylight is the one thing pay-to-play can’t survive. A federal judge already ruled ballroom construction has to stop until Congress authorizes it.
Government is supposed to serve the people, not auction itself off to the highest bidder. When access goes to whoever pays the most, working families always end up paying the price.
We either end the corruption, or the corruption will end us.
https://t.co/4MGFzSseFl
@leonhillen Het heeft een flink Nina Brink- gehalte. Klopt aardig met bijvoorbeeld de SOXX die in 3 maanden tijd verdubbelde. Een IPO van een bedrijf met een beurswaarde van meer dan €1T is ook ongekend. Maar gek kan vaak nog veel gekker.
@marktradewinst@gogo_OII De SpaceX IPO ( $1.75T beurswaarde), Musk die (in het Engels) een trillionnaire wordt, domme Telegraaf-artikelen....het hoort er bij. Maar ik mis nog de kroegpraat over de stand van de beurs zoals in 2000. Ik denk dat het nog zotter gaat worden.
@JDB_trading In de idioterie van de huidige markt mag natuurlijk de SpaceX IPO (valuation van $1.75T) plus Musk die hierbij een biljoenair (of trillionnaire in Engels) wordt niet ontbreken. Aan de andere kant staat de Telegraaf of andere onzinkrant er nog niet vol mee. Dus het kan nog erger.
@marktradewinst Zelfs Tostrams schijnt winst te maken, zelfs zonder zijn abonnmentjes (alhoewel dat de bulk van zijn inkomen zal zijn, vreselijk). Dus antwoord is duidelijk b 😀
Markuszower neemt geen woord terug, op rechts blijft het oorverdovend stil. De premier reageert laat en slap. Dit is geen willekeurige uitspraak van een politicus, maar een oproep tot geweld. Daar mag geen enkele ruimte voor zijn. Wij willen volgende week een debat.
@MerlijnTrader@TMillionAdviser But even for him, his cash pile is now extraordinary. And in 2000, BRKA just had a 47% drop from its then-all time high in 1998. People said he was mad for not investing in technology stocks...
@JDB_trading Als er melt-up signalen te zien zijn, vind je ze ook. Clown Bill komt ook iedere keer op de top om de hoek kijken. https://t.co/OO37L1dvFW
@realstewpeters About "Text Truth": In "How Fascism Works", philosopher Jason Stanley identifies 10 core pillars of fascist politics. Number 4: Unreality: Replacing objective facts with conspiracies and manufactured falsehoods. The leader sets the rules of truth, making debate impossible.
In 1974, Marina Abramović stood still for six hours and let strangers do anything they wanted to her.
The performance was called Rhythm 0.
Beside her was a table with 72 objects.
Some were harmless: a rose, feathers, honey, bread, wine, and perfume.
Others were weapons: scissors, knives, razor blades, chains, a whip, and a loaded gun.
At first, people treated her gently. They gave her flowers, kissed her, and moved her body like she was a doll.
Then they realized she would not resist.
The crowd began cutting off her clothes, touching her, writing on her skin, and using blades on her body.
Someone cut her neck and drank her blood.
Near the end, a person placed the loaded gun in her hand, pointed it at her head, and pushed her finger toward the trigger.
A fight broke out between spectators. Some wanted the performance to continue, while others realized someone might actually pull the trigger.
That was the moment the room split between those willing to hurt her and those trying to stop it.
When the six hours ended, Abramović started walking toward the audience.
Many of the same people who had touched, humiliated, and hurt her turned away and left, unable to face her as a real person again.