Seems like a reach given that such an assumption has no precedent in the recorded history of anything.
Andy Borowitz, the New Yorker Figure.
But its not just the big breaches.
Im kinda hoping they stay viable.Markets could get much crazier, of course, but as any serious blackjack card counter will tell you, when the deck is stacked against you, size your bets accordingly.An eightfold rise in the price of extra-large pizzas since 1970 (cited in my now-extinct blog for Elizabeth Warren) paints an even bleaker picture of inflation-adjusted S P returns.This section focuses on some of the zanier aspects of dumb creditors.Our paychecks are not.The funny thing.A seller spikes the prices of goods, services, or commodities to a level much higher than is considered reasonable or fair.Are we really that gullible?I was in a fire in high school.Unfortunately, some group of prospective toe-tagged investors with silver dollars on their eyes are going to own these investments to the bottom.If the projected returns are reasonable but management stops contributing korte en lange klinkers during good timesembezzling the returns above the norm to boost profitsthe plan will fall below projection again.Parents are not experts.Laurence Kotlikoff warned us; we are about to find out.190 Beware of any thinly veiled claim that the redivision of an existing pie will create more pie.Driverless cars will be awesome but also force car-based workerspotentially millions of themto find new work.(He is very funny.) Tim is a bear and he tells you why and how with a Bill-Bonner-like prose (high praise).Call his supporters white supremacists or sycophants?
Claims that all 17 intelligence agencies signed off on the collusion story were 5 exaggerated.Schools around the nation are offering courses on toxic masculinity.484 Time to look up misandry in the dictionary.I am doubtless that central banks and sovereign states will never endorse Bitcoin in its current form.What percentage of your lifes savings should you invest without a clue?Wall Street Journal Looks like those self-directed IRAs arent working out so well either.CNN reporters were filmed fabricating a protest by Islamic women in London after the 9/11 terror attacks.671 In a must-watch comedic moment, they orchestrated a panel of Jane and Joe Six-packs spanning all races, creeds, colors, and several genders to condemn Trumps response to the Nazi.Two ideas that I had been sniffing around but hit me like a truck were juxaposition and specificity.21,22 Goldmans Abby Joseph Cohen says R D spending is down.5 percent of GDP from.5 percent and is a drag on the economy.23 Economic bellwether General Electric saw revenue drop 12 percent and earnings fall 50 percent year-over-year,24 and these numbers are aided.I must confess that the transmission mechanism through which a bloated Fed balance sheet causes future economic problems is not in my wheelhouse.(As an aside, Overthrow is a much better look at the.S.s role in toppling governments than Confessions of an Economic Hit Man.) Hyperinflation reached more than 4,000 percent by November while the bolivar headed to zero (Figure 35).