government destroys value.
in this case, the value of an American education was destroyed in ~40 years.
if there’s no marketplace for customers (parents of students) to demand value (quality of education for price paid) by simply going to another service provider (school or educator), it is inevitable that costs will go up and quality will go down.
this is true of any service provided by government, which effectively grants itself a monopoly, deleting the opportunity for other service providers to compete in offering better value to customers/citizens…
Funny how we’re supposed to be outraged by a man becoming a trillionaire, but not by politicians who become millionaires on government salaries.
Wrong target.
#250_Revolution
🚨🇺🇸The Senate just killed the SAVE Act, 48-50.
Voter ID and proof of citizenship, supported by over 80% of Americans, dead.
Four Republicans voted no: Tillis, Murkowski, McConnell, Collins.
The uniparty showed its face today...
You NEED to listen to me right now.
We are in LATE-cycle territory for the overall markets / $SPY.
Bearish divergences are forming with EACH new marginal high.
VOLUME is drying up, candles are getting smaller. This is HESITATION from the bulls.
Momentum is starting to FADE.
Markets will STILL keep going up long-term, but SHORT-TERM, we're in the 8th - 9th inning.
I expect a 5% HEALTHY pull-back.
What should you do?!
1. Keep your AI-winners!!!! Trim 20% to lock-in GAINS, never sell fully. They are WINNERS for a reason
2. Look for CONTRARIAN buys. The stocks that have been LAGGING. They will go down LESS, or even outperform.
3. BALANCE your portfolio with AI leaders + AI laggards + defensives!!!!
All you need to do is SURVIVE, and you will be rewarded with the BIGGEST bull-run in history over the next 5 years.
- Keep companies and consider trimming 20% like $ARM, $NBIS, $MRVL, $MU, etc.
- Slowly positions in companies like $CRWV, etc.
- Build positions in lagging companies like $NOW, $NKE, etc.
- Build defensives like $WMT, etc.
Get ready to buy amazing companies like $AMZN, $GOOGL, and many many others soon.
Jeff Bezos: "If people want me to pay more billions, then let's have that debate, but don't pretend that that's gonna solve the problem. You could double the taxes I pay, and it's not gonna help that teacher in Queens.... Airbnb isn't causing high rents. What's really causing high rent is government intervention."
I live in one of these circled areas. My $300k home is surrounded by people who dont speak English and have inexplicably gotten mortgages. I want them all out.
Capital gains tax shouldn’t exist.
I risk my money. I build the business. I make the investment. I do the work. I take the risk.
So why the hell should the government take a cut of my success?
They risk nothing. They create nothing. They just take.
Parasites. F’en parasites.
Here's Biden Department of Transportation Secretary Pete Buttigieg bragging about blocking the Spirit Airlines merger with JetBlue that would have saved the airline from bankruptcy. I don't think America has ever had a more incompetent Secretary of Transportation than Mayor Pete.
If you made $500,000 per day, every single day since the Great Pyramids were built, you would have less than half of what the US govt has borrowed since June.
The U.S. could literally do $20,000/y UBI today without raising taxes if there were no other forms of welfare.
If you discarded every program except military/infrastructure/law enforcement/debt repayment, the U.S. federal government would have $20,000 left per adult to spend.
@ShadowofEzra We need a big UFC or football game for Trump to attend. Would be a real wake up call for him to see the crowds (his base) response in real time.