That may well be his personal worth, fine for him, not for the poor, and does not account for the multiple billion$ the Hedge funds have creamed off the population and directly caused the dilution of buying power from the man in the street. Traders, ...

Billionaire Ray Dalio has a warning about America's massive wealth gap

the biggest Capitalist of them all, if he was genuinely well meaning and wanted equality, why doesn;t he give all the super profits, and profits from financial ( unproductive ) SPECULATION back to the poor people he robbed in the first place. An ...

Billionaire Ray Dalio has a warning about America's massive wealth gap

Sure, the Elites don't want the poor to panic or revolt, indeed that is what Revolutions are made from. its pretty easy as a hedge fund manager to virtue signal this kind of hypocritical PC sound byte B$ to make themselves feel better, after ...

Billionaire Ray Dalio has a warning about America's massive wealth gap

Yes there is already a demand for those alternative countries , and it is already in place , Vietnam, India, , Southern Asia , etc. there is a huge move in the western world away form that throwaway society , the pandemic has brought that out of the ...

Pound struggles but stock markets stage fight back over Brexit hopes

wow, all that bruhaha for just one fraudulent vote ?

Trump: Will give up power if electoral college votes for Biden - BBG

Its a bit late for finger pointing and apologies. and whilst i might agree with you, its a very hard one to prove, and besides there was the issue of documented hospital admissions in Wuhan triggered by a researcher from the American Military ...

Pound struggles but stock markets stage fight back over Brexit hopes

May the Farce be with you !

EU Official: The EU Rejects The Latest Fisheries Offer By The UK

the trick is Foto, i don't think those excessive loans etc are ever gong to be repaid? they cannot. the productive capacity for a nation or a household to trade/earn its way out of that debt is just physically and financially impossible. think about ...

Trump: Will give up power if electoral college votes for Biden - BBG

a very perceptive post Foto, we own a small farm , 45 minutes from NZ's capital city, run stock , a half a dozen horses, dogs, the whole rural 'nine yards'. a year ago we considered downsizing to sell the block , with a totally un-interested, lack ...

Trump: Will give up power if electoral college votes for Biden - BBG

c'mon guys , shutting the borders is the most sensible measure of last resort why do you think New Zealand has got off so lightly ? we are a very isolated pair of islands in the antipodes off the bottom of the world and we have basically closed our ...

Netherlands ban flights from UK after detecting new coronavirus strain

Increase in B$ ha...ha... says it all ! yes and because the inflation of credit is necessary to keep the whole Fiat money ponzi scheme going. artificially creating money out of thin air simply devalues the existing buying power of pre-existing ...

Powell: We believe the balance sheet increase has supported the economy

I wasn't talking about Mongolia's transport system. but only referring to the Australia's shipping and New Zealand's rail transporting the coal to the port for shipping to China ! there is a lot that is not admitted publicly.

China has formally banned Australian coal in a huge escalation of the trade war

what you all don't know its this: China has been stockpiling Australian high grade and NZ Coking Coal for many years ,dumping it into near shore lagoons for future use - for a number of reasons -due to over supply, making use of the cheap cost, and ...

China has formally banned Australian coal in a huge escalation of the trade war

Well , it is true, actually the Maori were originally genetically sourced from Asia and their descendants migrated down through Asia and across the Pacific and then to New Zealand to displace the previous indigenous Moriori ( who came from Melanesia ...

New Zealand says willing to be arbitrator in Australia-China spat

There you go, we were right the gunboat option was the best after all

Four navy ships to help protect fishing waters in case of no-deal Brexit

But my whole point is this -how do you know whether the CB or reserve banks is actually 'borrowing' on the international market ? its not to earn 0.25% interest ( the wholesale rate) inflation has nothing to do with it! ***(except for old school ...

Australia Gets Paid to Borrow in First Sale at Negative Yields

its called Venezuala, Argentina, Weimar Germany , Zimbabwe......' just on a bigger scale. many of us on FF hold 1 Hundred Trillion dollar Zimbabwean notes! , i was given one by a friend, i keep it near my screen to remind me of the worthlessness of ...

We're in a big financial bubble right now: David Rosenberg

Hmmm... interesting , so ask yourselves why don,t governments invest in the stock market 15% yield then? Instead of issuing negative government bonds? The answer is my friends, that via related party transactions the funders of those bonds have done ...

Australia Gets Paid to Borrow in First Sale at Negative Yields

Better still , just inflate the debt away, (print debt off the books) that way the obligation is spread over the whole population , any way who decided only the “wealthy” should pay for the government’s support of businesses and unemployed during ...

U.K. Urged to Levy $350 Billion Wealth Tax to Pay for Pandemic

any cohones in the oven ?

UK Johnson: I'm always hopeful...but to be honest, the situation is very tricky"