211378
Banker

@banker #211378

There's no freedom without /money.
367 Follower 347 Following
Elon Musk of $TSLA Tesla says he would like to cut almost 80% of the federal government while working a future Trump administration.
Amazon, $AMZN, is reportedly to lay off around 14,000 managers by 2025 in the company, per Morgan Stanley $MS
A Canadian trader in 2019 had $88,000 in Tesla, $TSLA calls and shares.

It went to $415 million in 2021.

He ended up losing it all by 2022 due to margin loans and leverage.

From $88,000 to $415,000,000 to $0 in four years.
Still here, strong, and not going anywhere.

I also spend time here: /money
Humans are producers and consumers, hence enabling an economic cycle.

Robots are only producers.

What’s your thoughts on the implications of this?
Gains are all an illusion.

Chart over a 50 year period
Real estate insolvencies in Canada set to surpass levels of global financial crisis, per the Globe and Mail.
Interesting trend
It's always been about liquidity
Tether to launch a stablecoin pegged to the UAE currency.
Presidential worth before and after Office:

📈 Barack Obama: $1.3M to $70M
📈 George Bush: $20M to $40M
📈 Bill Clinton: $1.3M to $241.5M
📈 George H.W. Bush: $4M to $23M
📉 Donald Trump: $3B to $2.3B

Source: AOL
Are you surprised?
Where did Germany go wrong?
A picture is worth a thousand words. Exciting times ahead!
Allow me to reintroduce myself, my name is...

/money
Japan's government says there are now 9 million vacant homes in the country, as it struggles with a declining and ageing population.
The numbers speak for themselves
Germany now has under $285 million worth of $BTC left to sell.
The man has a point....
JPMorgan says crypto market will rebound in August.