To hear Donald Trump and his Republican supporters tell it, the economy is booming because of wildly successful Trumpanomics. But I think Trump is setting himself to take the fall when the bubble eventually bursts.
"He's not concerned with whether you agree with him on the Constitution, the US Military, or Freedom. More important, Adam asks do you know what his views actually are? Adam says you should be the 'alpha' of your own life. You might call him a patriot, or maybe rabble-rouser, but regardless of where you stand, Adam hopes after the 2020 election cycle, you will call him 'the last President you will never need.'"
"To Venezuelans such wisdom is essential, because when you are coping with hyperinflation, the long term is next week."
"Donald Trump is the last person who wants to see interest rates go up. Not only does his personal business empire depend on low rates… so does his political empire."
"'Unlike their 18th and 19th century paper [private money] predecessors, VCs are used globally, disregarding national borders,' the report reads."
"Over time, attaining financial wealth became an absolute prerequisite for wielding geopolitical power and influence. The old military variety appears almost feeble standing next to the contemporary Financial Arms Race."
"At the intersection of programming, economics, cryptography, distributed systems, information theory, and math, you will find Vitalik Buterin, who has managed to synthesize insights across those fields into successful, real-world applications like Ethereum, which aims to decentralize the Internet."
"The three asserted that they had no choice but to use taxpayer money to stabilize the financial institutions. Paulson said, 'I was totally ineffective at having the American people understand that what we were doing was for them and not for Wall Street.'"
"Global foreign direct investment flows were down 18% in 2017 from the previous year and nearly 24% from its post-recession high in 2015, which the OECD attributed to a surge in financial and corporate restructuring."
"Thank the Trump tariffs on imported washing machines, washing machine parts, steel, and aluminum for the largest three-month price increase—16.4% from February to May this year—in the 40-year history of the Bureau of Labor Statistics (BLS) series for Major Appliances: Laundry Equipment."