I do suppose everyone has seen the slide of the value of the US dollar over the past year, right? I don't see anyone fixing that. Am I missing something?
The graph belongs to the Wall Street collapse known as The Great Depression. Bloomberg stated the losses today to the wealthiest was about half a trillion. It isn't just under 5 percent. Those are dollars and cents. Those wealthy people include the Koch Brothers that want to own the world.
See. my heart is not breaking, nor am I worried. The country has been magnificently moving to local control over local economies. They have gotten so good at it, the Trump Congress has attacked small businesses within the so called Tax Reform Law. Mnuchin or whatever his name is, can shove it where the sun don't shine. There is such a thing as cash and carry economy, too. Go ahead, collect your taxes.
I think Warren Buffet is great. He is the smartest guy in the world when it comes to the financial sector. Where have the largest numbers of job losses taking place in the USA since Trump took office? Don't know? The financial sector. Thousands. No one pays attention to where the economy really takes place, huh?
February 2, 2018The fortunes of the world’s 500-richest (click here) people dropped by $68.5 billion Friday as equity markets swooned with investor worries about the pace of interest rate hikes in the U.S. Warren Buffett led the declines, shedding $3.3 billion to end the day at No. 3 on the Bloomberg Billionaires Index with $90.1 billion. Jeff Bezos, the world’s richest person with $119.6 billion, led the 67 billionaires whose fortunes increased Friday, adding $3.2 billion....
February 5, 2018
By Matthew DiLallo
Shares of ExxonMobil Corporation (click here) (NYSE: XOM) are getting pounded again on Monday and were down 6% at 3:15 p.m. EST. Today's drop follows a similar fall last Friday, which was the stock's worst day since 2011 ...
It must be Christmas. You Bubbas don't know what seething hatred is yet!
