Financial topics

[aeden]

Good deal H
As t noted they unwound as we assumed would and to clear assumed to be the case.
--------------------------------------------------
Just to make sure there is no confusion, Goldman prime notes that "yesterday’s de-grossing activity - short covers and long sales combined - was the largest since late January (-2.0 SDs)."
And the most remarkable observation, while US equities were (clearly) net bought, "trading flows were risk-off driven by short covers outpacing long sales 2.7 to 1."

[aeden]

60 million household's basically wiped out not including the medical bankrupt's with the VIX staying elevated is
just obscene amount of option buying. Then they say we need meds for insanity. They are just stupid as we
measure Vega for now. Protect the year as the blue anon zombie dead still clearing utter bullshit out of their brain pans.
The wife just bought a furniture set for $400.00 and as new much much more into the thousands.
As I warned Her sternly a few years ago its worth what you paid for since no else could.
They just retired and are leaving our State for more than a hand full of reasons.
Basically He was under the same impression we are going forward. No one in His family could even forward 400 bucks
and he sold His House to a sane Family member in sound terms.
To many Americans who paid attention its really just getting underway and no they are not prepared is
our view only. In our view into April is not even a wakeup call but to only the millions wiped out.
White papers mattered.

[richard5za]

My experience is that most people struggle with math and math logic; I'm not including calculus in this comment but I mean less advanced e.g. advanced arithmetic.
I have no idea what percentage of people have bought BTC, but its an intriguing idea to match those who can do math to those who own, or don't own, BTC.

[aeden]

BTC is irrelevant as another competing black op currency from the 1937 and 1974 papers on the radar again.
If you find a suitable basket for momo good luck. We are invested in divesting it to tangible assets only

But as is so often the case, the headline rate masks a more complex reality surrounding the unemployment issue rate.
Although the official rate is 6.2 percent, The Washington Post's Heather Long notes that the Minnesota Fed's Neel Kashkari admitted "the true unemployment rate is around 9.5%."
Why the gap? It is a result of several factors, including falling response rates to the Labor Department's employment surveys, the fact that many have simply stopped looking for work, and ambiguities in the data over whether or not someone is only temporarily unemployed.
In other words, the official unemployment calculation excludes a great many people who would like to have jobs, but who gave up and stopped looking for work. Many others are only technically "temporarily" unemployed but in practice are jobless. The official data says many of these people are "on leave."
Fed Chairman Jerome Powell has also admitted that the unemployment rate was likely close to 10 percent in January. Not surprisingly, Kashkari predicts no "liftoff" for the economy until 2022. mises

[John]

** 11-Mar-2021 World View: Math is racist

> My experience is that most people struggle with math and math
> logic; I'm not including calculus in this comment but I mean less
> advanced e.g. advanced arithmetic.

> I have no idea what percentage of people have bought BTC, but its
> an intriguing idea to match those who can do math to those who
> own, or don't own, BTC.

Forget calculus. Most college graduates today are too stupid to
do even fourth grade math, because they've been taking women's studies
or sociology or equivalent courses that teach you to be stupid.
In fact, most of them can't do second grade math.

For example: "Jack bought a tv set for $237.99. Jane bought a tv set
that was 27% less expensive. How much did Jane pay?"

That's a fairly simple fourth grade percentage problem, but it's
completely inscrutable to idiots like AOC and other college graduates
today.

That's why they're calling math "racist"." Because they're idiots.

[Higgenbotham]

** 11-Mar-2021 World View: Math is racist

> My experience is that most people struggle with math and math
> logic; I'm not including calculus in this comment but I mean less
> advanced e.g. advanced arithmetic.

> I have no idea what percentage of people have bought BTC, but its
> an intriguing idea to match those who can do math to those who
> own, or don't own, BTC.

Forget calculus. Most college graduates today are too stupid to
do even fourth grade math, because they've been taking women's studies
or sociology or equivalent courses that teach you to be stupid.
In fact, most of them can't do second grade math.

For example: "Jack bought a tv set for $237.99. Jane bought a tv set
that was 27% less expensive. How much did Jane pay?"

That's a fairly simple fourth grade percentage problem, but it's
completely inscrutable to idiots like AOC and other college graduates
today.

That's why they're calling math "racist"." Because they're idiots.

I posted this article awhile back. Some excerpts:

People are getting dumber. That's not a judgment; it's a global fact. In a host of leading nations, IQ scores have started to decline.

But the broad pattern has become clearer: Beginning around the turn of the 21st century, many of the most economically advanced nations began experiencing some kind of decline in IQ.

However, a 2018 study of Norway has punctured these theories by showing that IQs are dropping not just across societies but within families. In other words, the issue is not that educated Norwegians are increasingly outnumbered by lower-IQ immigrants or the children of less-educated citizens. Even children born to high-IQ parents are slipping down the IQ ladder.

https://www.nbcnews.com/think/opinion/i ... cna1008576

The article says that's not happening in the US. Of course not. A scary thought: Can you imagine all these idiots trying to figure out why they're getting dumber?

[aeden]

Faurecia will use Palantir's Foundry software which will allow it to reduce raw material consumption, improve R&D competitiveness, secure purchasing excellence and track and measure overall CO2 neutrality efforts.


Just ask Wyclef Jean and his Yele Haiti Foundation what happened to all the US government funding they received and whether it has stemmed the onslaught of poverty in Haiti. The latter got millions from the United States Agency for International Development (USAID) to create jobs for Haitians sweeping streets and performing menial jobs throughout the capital. It was the perfect US government-financed charity despite the cover of Wyclef’s high profile Hollywood friends who kicked in a little here and there to make it look good. And yet those pesky poor in Cite Soleil are still eating mud cookies.

Decade later.
Mud cookies are a dime each now.
Body parts trafficking increase.

[Higgenbotham]

My experience is that most people struggle with math and math logic; I'm not including calculus in this comment but I mean less advanced e.g. advanced arithmetic.
I have no idea what percentage of people have bought BTC, but its an intriguing idea to match those who can do math to those who own, or don't own, BTC.

I honestly don't think there's any correlation. Saying "You don't understand math" is a debate tactic. I just thought it would be interesting to disprove that one to the nth degree and see what comes up next.

Here was another one: "Proving again that you don't know how to read". I could have posted my GRE Verbal score, which would disprove that one to the nth degree too, but there was something in the way of the box, so I went to the other box first.

These are all just worthless debate tactics.

Isaac Newton lost a fortune in the South Sea Bubble and lamented something to effect that he could calculate the motion of heavenly bodies, but not the madness of men. Recently, it was revealed through some of Einstein's personal letters that he lost most of his Nobel Prize money in bad bond investments.

To state that someone needs to understand math to calculate the correct price of Bitcoin is not a valid argument.

Neither is this a valid argument: "Saylor is an MIT guy, but he must be stupid like me, since he's in BTC towards a billion."

In that same box was my diploma showing I graduated from the University of Michigan Summa Cum Laude in Chemical Engineering. So what. That has nothing to do with the issues at hand, nor does "Saylor is an MIT guy".

Or any one of a dozen or two other similar arguments that I have read here. They just degrade the value of the forum.

[aeden]

In a country where majority of the people survive on a less than US $2 daily budget, fruits and other staple food are nothing but a dream.
Mud cookies are a dime each now we heard.
https://ng.opera.news/ng/en/food/25ef75 ... f3b1545772
Americans piss me off more than not.

search.php?keywords=haitian&t=2&sf=msgo ... b7208e4007

[aeden]

https://www.zerohedge.com/crypto/mainst ... ll-bitcoin
Long mud biscuit futures it appears.

https://cms.zerohedge.com/s3/files/inli ... k=Pua_aAC-