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A record number of leveraged bag-holders setting up the next lost decade+...have a plan & enjoy the journey!
“NYSE margin debt is reaching historic levels:” Deutsche Bank analysts. This is partly due to a “surprise dovish Fed pivot in Dec’23…Since Oct’23, NYSE margin debt has increased 136%, which is the fastest rate of margin debt expansion on record” except for February & March 2000
Author Archives: Danielle Park
60 Minutes: Facebook whistleblower illuminates destructive business model
For years, we have known that predatory, profit-at-all-cost, ethics-lacking business models are destructive, and certainly, since Jonathan Taplan’s important 2018 book Move Fast and Break Things. The latest 60 Minutes expose illuminates further. See: Whistleblower: Facebook is misleading the public: … Continue reading
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More Panama Paper revelations, still no corrective action
The 2016 Panama Papers leak to world media revealed the widespread use of offshore accounts to avoid tax collection from many of the world’s wealthiest and most privileged people. Of course, most have been greatly aided in accumulating said wealth … Continue reading
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Extreme wealth gaps are bad for economic stability
Just the facts… There’s a deeper, systemic problem in our economy that’s just as perilous as the looming debt default — and no one is talking about it. pic.twitter.com/a2HBWrTaoF — Robert Reich (@RBReich) October 4, 2021
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