US officials are looking at Facebook’s cryptocurrency, Libra, and can only see one thing. Danger! What about the consumers?
Maybe you’ve heard ‘Libra’ in the news recently? It’s a crypto, created by Facebook and backed by many more billion-dollar companies, which could be the first step towards a new form of money.
Today, quant funds are some of the most popular in the hedge fund community. Yet only a handful have been truly successful.
China produces about 80% of all rare earths and control 90% of the processing. And Trump is pissing them off real good.
Each year, anyone can bid for a three-hour lunch with the Oracle. This year, the lunch with Warren was worth US$4.6 million to someone…That someone was crypto tycoon, Justin Sun.
Today I want to show you how you can pick up more of the big idea stocks, rather than watching them go by making others rich.
Influencers like the Kardashians have a captive audience: Millennials. And it’s this future audience you should think of before putting your money into the market next.
A waning Japan. Overvalued tech. Tesla’s decade-long history of losses. All of this is only possible because of irresponsible money creation.
Rice. Grilled fish. Miso soup. That’s what breakfast food used to be in Japan. But that’s not the case anymore. Some might tell you this is globalisation at work, yet I’d argue the opposite.
China wants a deal, Trump can smell it! It’s why they’re printing yuan in the billions and pushing it out into the system.
As Trump continues to starve China of dollars, the Middle Kingdom might become more desperate. China will either cave to America’s terms, or they will have to radically change how they do things.
Trump doesn’t seem to be backing down. He’s got more tariffs at the ready, expected to be launched by Friday. China, on the other hand, is putting on a brave face.
Bass says China has a whole lot of debt, is chock-full of bad loans. And with fewer American dollars reaching Chinese shores, the Chinese central bank has less firepower to prevent things from getting ugly.
As the years roll on, I’m getting more frustrated with the financial world. One thing I’ve been thinking about lately is plastic money and the fictitious numbers in banks we all trust.