The “protected class” is granted “safe harbor” only because their bets are so risky that to let them fail could crash the economy. But why let them bet at all? This is a sequel to a Jan. 15 article titled “Casino Capitalism and the Derivatives Market: Time for Another ‘Lehman Moment’?”, discussing the threat of […]
Kit Knightly The US Food and Drug Administration has officially approved Pfizer mRNA-based “Covid vaccine” for use on members of the public. The vaccine, previously only released under an “Emergency Use Authorisation”, is the first of the many so-called vaccines to be fully approved in the US. It will now be sold under its rather …
Insider Outsider Traders Politics The Ochelli Effect 3-16-2021 Mike Swanson and Pearse Redmond Insider Outsider Traders Politics What is happening in the retail world of investment? Is the market informed ahead of the broadcast news? Mike Swanson tried to help Chuck understand the new and old points of access to the many money games [...]
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source / The Money GPS The retail trader mania has come back into the news as congress attempts to pretend they’re on top of it all. They’ll blame a few people, maybe a slap on the wrist here or there, and yet it won’t be possible to ever acknowledge that the Fed has enabled such […]
Newspeak, Trumpism and conspiracy theories News Junkie Post has a policy of zero tolerance for conspiracy theories. With a story as big and global as the COVID-19 pandemic, alternative narratives from conspiracy theorists were bound to happen. Like most news outlets, big or small, News Junkie Post‘s main focus in 2020 was the pandemic. Our […]
Earlier this week, the National Bureau of Economic Research. declared that the U.S. is officially in a recession-- a GDP decline in back-to-back quarters. The stock market reacted by continuing a climb unhinged from any kind of economic reality.
