This chart made me chuckle.
Boomers lived through some of the most bullish macro conditions in history. They locked in ~15% risk-free yields on bonds in the ’80s, built fortunes, then pulled up the ladder. Sure, mortgage rates were high, but housing was actually affordable.…
Powell isn’t budging on rates, and the exploding M2 money supply isn’t happening fast enough to debase the dollar fast enough to please Trump’s export hopes, so he’s going to double the M2 money supply number with so-called stablecoins. Your USD purchasing power is about to get…
Unironically the best advice we could ever give to young autists and young people is unapologetically stick with your niche hobbies and interests no matter what because you have NO idea what the future holds.
All those things that are currently cringe today could be full careers…
I just got fired from my job at USAID.
I was the lead analyst for gay squirrels in eastern Zimbabwe.
I have no way to support myself or my family.
This is the reality of Trump’s America.
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