Forwarded from Walter Bloomberg
TRUMP ANNOUNCES $2,000 TARIFF DIVIDEND FOR AMERICANS
President Donald Trump announced a $2,000 payment to most Americans, funded by U.S. tariff revenues. In a Truth Social post, he said the U.S. is collecting “trillions of dollars” in tariffs and will use the money to reduce national debt and reward citizens—excluding high-income earners. Trump called tariff critics “fools” and claimed the U.S. is now the “richest, most respected country in the world,” citing record stock markets and 401(k) values.
(@WalterBloomberg)
President Donald Trump announced a $2,000 payment to most Americans, funded by U.S. tariff revenues. In a Truth Social post, he said the U.S. is collecting “trillions of dollars” in tariffs and will use the money to reduce national debt and reward citizens—excluding high-income earners. Trump called tariff critics “fools” and claimed the U.S. is now the “richest, most respected country in the world,” citing record stock markets and 401(k) values.
(@WalterBloomberg)
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Forwarded from Walter Bloomberg
*KEY SENATE DEMOCRATS PLAN TO ADVANCE GOP BILL TO END SHUTDOWN
(@WalterBloomberg)
(@WalterBloomberg)
Forwarded from Walter Bloomberg
U.S. SENATE APPROVES BILL TO END GOVERNMENT SHUTDOWN, SENDING IT TO HOUSE
(@WalterBloomberg)
(@WalterBloomberg)
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Forwarded from Zoomer News
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i remember seeing an anon posting the valuation on ct last month, seems like it’s accurate
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History shows us that having too much debt during an economic downturn leads to a classic, self-reinforcing cycle where:
1) The empire can no longer borrow the money to repay its debts
2) It prints a lot of new money, which devalues the currency and raises inflation
3) Living standards decline, leading to the rise of political extremism
4) Turbulent economic conditions undermine productivity and there is conflict about how to divide the shrinking resources
5) Populist leaders emerge pledging to take control and bring about order
https://x.com/raydalio/status/1987999761748877572?s=46&t=nluSw7cwYGx8zFxfoYi5Iw
1) The empire can no longer borrow the money to repay its debts
2) It prints a lot of new money, which devalues the currency and raises inflation
3) Living standards decline, leading to the rise of political extremism
4) Turbulent economic conditions undermine productivity and there is conflict about how to divide the shrinking resources
5) Populist leaders emerge pledging to take control and bring about order
https://x.com/raydalio/status/1987999761748877572?s=46&t=nluSw7cwYGx8zFxfoYi5Iw
X (formerly Twitter)
Ray Dalio (@RayDalio) on X
History shows us that having too much debt during an economic downturn leads to a classic, self-reinforcing cycle where:
1) The empire can no longer borrow the money to repay its debts
2) It prints a lot of new money, which devalues the currency and raises…
1) The empire can no longer borrow the money to repay its debts
2) It prints a lot of new money, which devalues the currency and raises…
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Forwarded from Frens Market Feeds
On the Empire podcast, Phantom Wallet CEO Brandon Millman said the company has no plans to launch its own blockchain or pursue an IPO, focusing instead on the Solana ecosystem and user-facing products. While Phantom has IPO potential, he said the company prefers to expand through private funding backed by investors like a16z, Paradigm, and Sequoia. — link
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Forwarded from unfolded. DeFi
Polymarket quietly relaunches US trading platform in beta mode: Bloomberg — link | AI comment
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