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sharkman

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Posts posted by sharkman

  1. On 5/16/2024 at 8:38 PM, robosmith said:

    John Eastman admitted that the schemes he was advocating to force a contingent election would NOT PASS MUSTER with the SCOTUS.

    I am retired. How about you?

    No, I still work, though once we are through this upcoming economic downturn, I’ll have the freedom to flip a coin over it.  

    Speaking of which, I hope you are prepared for it as well.  Funny thing, my wife and I went down to a place called Ocean City on the coast in WA last summer.  The key note speaker was a retiree from Boeing, oddly enough.  Got up every morning at 3:30 to make his shift, for 30 years.  Raised a family and retired early.  Really amazing guy.  

     

  2. 2 hours ago, August1991 said:

    Unlike Zimbabwe or Argentina, the US federal government can tax some very many rich people.

    ===

    At issue is the rate of change.

    No no.  I’m talking about Japan. Not the USA.  Japan.  And I’m not American but Canadian.  

    What I’m presenting to you is that Japan is in economic trouble.  I’m asking you if you still think they are fine with their dangerous debt to GDP ratio, now that their Yen is the lowest it’s been since whenever, and has dropped much further than it was during our last conversation last February.

    You have responded that Japan can issue bonds, and I thought I pointed out that bonds are not working for Zimbabwe and Argentina.  In other words, bonds are not the answer.

    Weaker nations are getting into serious difficulties, let’s see if the contagion spreads by the end of summer. 

  3. 1 hour ago, August1991 said:

    In current macro theory, a State can sell bonds (print money) if it can raise taxes at the same rate.

    I'm with Harper. You Americans will solve this problem.

    You seem to be suggesting that Japan can sell bonds to solve their issues.  How has that been  working for Zimbabwe or Argentina?

  4. On 2/20/2024 at 6:24 PM, August1991 said:

    Japan debt to GDP is higher. The US govt debt to GDP was higher in 1946.

    Dear August, you said this in response to my comment below, which you quoted:

    “Let me throw some numbers at you.  US debt to GDP is at 128%, and climbing.  No nation has ever been able to come back from 130%.  They go bankrupt.”

    I responded that we should watch and see what happens to Japan.  Have you seen what’s been happening to Japanese currency?  Because it looks like they are in real trouble now.

     

     

  5. 14 hours ago, gatomontes99 said:

    Lmao

    Classic.

     

    Good find, pretty hilarious!

     

    I note that in this mornings news, it’s being reported that leader after leader is calling on Israel to show restraint.  Don’t respond.  Let cooler heads prevail.

    The media is not reporting on any condemnations of Iran.  It kind of tells you the lay of the political landscape these days.

    • Thanks 1
  6. And they have just crossed a line...

    https://www.bbc.com/news/world-middle-east-68810053

    "Iran has launched drones at Israel, the Israel Defense Forces (IDF) said on Saturday night.

    It said the wave could take hours to reach Israel."

     

    https://www.cbc.ca/news/world/iran-cargo-ship-seized-1.7173115

    "Earlier Saturday, Iran's Revolutionary Guards seized an Israeli-linked cargo ship in the Strait of Hormuz. The move came days after Tehran said it could close the crucial shipping route and warned it would retaliate for an Israeli strike on its consulate in Syria."

     

  7. 22 hours ago, robosmith said:

    At Least the Fani Willis Case Against Trump Has a Reasonable Judge

     

    The Pit Bull Willis will continue the case that the election won't stop.

     

     

     

    The judge has allowed a person that badly abused her position(s) with an underling.  While throwing cash money around so it couldn't be later tracked, lying about both in court.  She's the guiltier of the two, but gets to remain.  That's pretty funny, judge.  I look with interest to see what the Georgia Bar comes up with since her indiscretions have apparently been referred to them.  A lawyer can't lie in court, misappropriate funds, etc.  But it is the GEORGIA Bar, so they may try to split the baby as well. 

    • Like 1
  8. 5 minutes ago, myata said:

    Some of that cannot be denied. And yet.. you are trying to say that Putin's "democracy" and Iran's "stability" will be better? Or even remotely, lightyears comparable in brutality and hopelessness it would install on the world if we keep down this path?

    I am saying nothing of the sort. I’m saying if the US hadn’t forced their will across the globe for the last 60 years, then we wouldn’t be facing an evil alliance in the BRICS, for instance.  
    Other than that, there is little that can be done about it at this point.  The US is in decline and the bill for global meddling is due.  There may be nuclear strikes.  Who knows.

  9. Wake up.  This new alliance of tyrants is the direct result of US policies, interference and CIA meddling across the globe for the last 60+ years.  Economic warfare.  Sanctions and missile strikes.  Deposing leaders.  Outright war.  It’s a disgusting abuse of power, done while lying to its people and the world.  

  10. Aaaaand Haley quits the race.

    https://abcnews.go.com/amp/Politics/nikki-haley-ends-presidential-campaign-major-trump-rival/story?id=106568226

    Former U.N. Ambassador Nikki Haley is planning on suspending her campaign for president in the wake of a slew of Super Tuesday losses, campaign sources tell ABC News.

    This now leaves leaving former President Donald Trump as the last major candidate standing among Republicans, all but guaranteeing him the party's nomination…”

     

     

    • Like 1
  11. Of course it’s no mystery and I’m not claiming some sort of mystery.  All I’m saying is the smart money is leaving the market, taking profits because they know a major market drop is coming.  
    The problem is people like you, if you are what you are representing yourself as. Telling people(your clients) not to take their holdings out of the markets when the smart money is beginning to move.  Because your totals would go down and you might lose bonuses.  Again, if are what you say you are.

    Its industry wide.  The financial sector in general.  I have several colleagues and family members who are following this type of advice, and they are going to take a bath when the market shifts.  

    I’m doing what the smart money is doing.  The dumb money is buying in at the peak.  With encouragement from people like you.  

  12. On 2/28/2024 at 8:12 AM, Moonbox said:

    … 

    I'm just thinking if you're so interested in what Buffet said and what he's doing, you may have read (or listened to the transcript) of his annual letter to Berkshire Hathaway shareholders explaining why.  It's out there for the public to see. 🤷‍♂️

    No, I’m not that interested in what Buffet said or says.  I explained that already, it’s what they DO that matters.  Plus I’m not watching just Buffet, like I explained already, I’m keeping track of multiple movers and shakers.

    Here’s another story involving such people and that they’ve exited over 11 billion out of the stock market:

    https://fortune.com/2024/02/27/the-great-cashout-jeff-bezos-leon-black-jamie-dimon-and-the-walton-family-have-now-sold-a-combined-11-billion-in-company-stock-this-month-some-for-the-first-time-ever/amp/

    High-profile CEOs, founders, and heirs are selling stock by the bucketload in the companies that made them billionaires. For nearly the entire bunch, share prices are trading near all-time highs.

    Jeff Bezos sold Amazon sharesworth $8.5 billion in multiple transactions this month. Meanwhile, Jamie Dimon, chairman and CEO of JPMorgan Chase, sold $150 million in stock last week, 


    Mark Zuckerberg unloaded about 1.4 million shares of Meta stock worth roughly $638 million, according to an analysis from insider stock sales data firm Verity. This latest batch of sales came after previously culling 588,200 shares in November, 688,400 in December, and 447,200 in January.”

    Jamie Dimon, Jeff Bezoz, the Walmart owners-Waltons, Zuckerberg. This is on top of what Buffet’s been doing.  It’s significant, they are reducing their exposure to the markets because they expect a significant drop in the market.  If everything was fine they simply wouldn’t be exiting the markets in these numbers. 

  13. https://www.nbcnews.com/politics/supreme-court/supreme-court-rules-trump-cannot-kicked-colorado-ballot-rcna132291

     

    "In an unsigned ruling with no dissents, the court reversed the Colorado Supreme Court, which had determined that Trump could not serve again as president under Section 3 of the Constitution's 14th Amendment.

    The provision prohibits those who previously held government positions but later “engaged in insurrection” from running for various offices."

     

    There is no denying that Trump Derangement Syndrome is alive in various State courts as others besides Colorado also had similar rulings.  They are going to have to go back to the drawing board, obviously.  The recent Illinois ruling comes to mind. 

     

     

    • Like 2
  14. 9 hours ago, Nationalist said:

    Brandon's stupidity has caused 5.7% inflation overall. That's the 3rd highest ever.

    You can scream and howl all you like about GDP, but it's inflation where the rubber meets the road.

    Anyone who can think critically can see that inflation has been much higher than that.  And they’ll simply change the definition when needed, like what constitutes a recession, for instance.

    • Like 1
  15. 8 hours ago, myata said:

    Once in a while human folk wants to lose its rational mind and go dancing wildly in the dark. I'm not sure if there's a theory to this end. But the examples, facts are just too many to discard. There's something given, unavoidable about that. Has to be in the genes.

    The choice in the coming election is just as simple as that. One is unpleasant, not very rational. Honestly, I can't understand why the Democrats insist on the same course that keeps failing: at the time when the people are looking for a change, a new course come up with the candidate as deeply rooted in the status quo, as practically possible. Doesn't make any rational sense, to me. Not smart, and unpleasant.

    The other one, on the other hand, is just insane. There's not one sane, rational argument to choose that based on the body of facts that's growing with the speed of an avalanche. It carries every risk imaginable.

    So the test this time around is simple. No innocent ignorance or confusion. For some reason the Time is smiling on this humanity this time around - or giving it the last chance? Unpleasant and boring? Or plain insane? Sorry, no other options on this menu. You choose.

    Pre WWII Britain faced an uncertain future, and wisely chose Chamberlain who gave them "Peace In Our Time".

    What they really needed was a Churchill, but they didn't know it.  They found out though.

    • Like 1
  16. https://www.zerohedge.com/markets/who-could-be-next-largest-canadian-pension-fund-sells-manhattan-office-tower-1

    "Canada Pension Plan Investment Board has recently done three deals at deeply discounted prices, selling its interests in a pair of Vancouver towers, and a business park in Southern California, but it was its Manhattan office tower redevelopment project that shocked the industry: the Canadian asset manager sold its stake for just $1. The worry now is that such firesales will set an example for other major investors seeking a way out of the turmoil too…"

     

     

  17. 37 minutes ago, robosmith said:

    IDK what "tizziness" is, but it might mean that I find Qanon very odd on verge of insane.

    You seem to take it more seriously, which means you might be on the verge of insane.

    How about it? Do you take Qanon seriously?

    To be honest with you, I always found it too obscure and such.  People referring back to a Q post from 2018 AND IT HAD THE NUMBER 235 IN IT!  THAT MEANS THAT TODAY WILL SEE...whatever their busy little minds came up with. 

    No no, the people I listen to you would really like until you found out the source of their knowledge and intel.  They are telling me this is a year of many woes and joys.  Failures and freedom.  Fear.  Rage.  Devolving into a new start maybe.  There are a lot of uncertainties and the stakes are way too high.  Whatever happens, you stay safe, okay?

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