Madoff victims only lost 12% of their investments. BTC is many times worse than the biggest Ponzi in history.

According to the US Department of justice, recovery of assets for victims of the scheme totals 88.35% to date. Whereas BTC investors lost 40% in the last 6 months, and 70% from the ATH. https://www.justice.gov/opa/pr/justice-department-announces-total-distribution-over-4-billion-victims-madoff-ponzi-scheme   h/t  entered_bubble_50

SoftBank’s Vision Fund lost a whopping $23 billion in Q2 as tech investments turned sour… this follows a loss of $26 billion the previous quarter… all gains since 2017 have now been wiped out…

by silvertomars Vision Fund, which upended the world of venture capital with splashy bets on startups such as ridehailers Uber and Didi, posted a $23.1 billion loss in the April-June quarter as value evaporated from its investments in the market …

READ MORE

Green Sacrifice! Ford Plans Up to 8,000 Job Cuts to Help Fund Investments in EVs (Gasoline Prices UP 55% Under Biden, Food UP 22%, Mortgage Rates UP 87%)

by confoundedinterest17 This is green sacrifice. Of jobs, that is. Ford Motor Company plans to sacrifice 8,000 jobs to help fund investments in electric vehicles. The job cuts will come from internal combustion gasoline vehicles. Transportation Secretary “Mayor Pete” Buttigieg loves high …

READ MORE

Executive Order on Addressing the Threat from Securities Investments that Finance Certain Companies of the People’s Republic of China

by Festortheinvestor https://www.whitehouse.gov/briefing-room/presidential-actions/2021/06/03/executive-order-on-addressing-the-threat-from-securities-investments-that-finance-certain-companies-of-the-peoples-republic-of-china/ Executive order active from June 3th, prohibiting Americans from owning/investing in Chinese companies of a certain criteria (mostly all of them) This is going to have big implications on the finance sector, Hedgies.r.fuk

Norwegian state pension fund will liquidate all their investments (totalling $3 billion USD) from Russian stock market

Just announced on a press conference by the Norwegian government. Sources: https://www.vgtv.no/video/233573/direkte-siste-fra-krigen-i-ukraina https://borsen.dagbladet.no/studio/borsenstudio/608?post=86622 Edit (28.02.22 00:26 GMT+1): Russian central bank has ordered block on foreign clients’ bids to sell Russian securities. Source: https://www.reuters.com/business/russian-cbank-orders-block-foreign-clients-bids-sell-russian-securities-document-2022-02-27/     h/t  andrerav

PENDING STOCK MARKET DOOM: Ark Investments sees Record Outflows. Evergrande Contagion Spreads. IMF Issues Global Economic Warning

https://twitter.com/leadlagreport/status/1447911935916355585 IMF warns on inflation, says the Fed and others should be prepared to tighten policy IMF Issues Global Stagflation Alert: Cuts Global GDP As It Warns Of Rising Inflation And “Dangerous Divergence” This is contagion. China developers in October: …

READ MORE

Young people stand to make dismal returns on their investments — Economist

From Credit Suisse’s latest global investment returns yearbook, Generation Z’s earnings from stocks and bonds will be significantly lower than those of previous generations. https://www.economist.com/graphic-detail/2021/03/15/young-people-stand-to-make-dismal-returns-on-their-investments “They estimate that baby-boomers (defined here as those born 1946–64), Generation X (born 1965–80) and …

READ MORE

103: Podcast with Marin Katusa: The best gold investments to make today

by Simon Black http://traffic.libsyn.com/sovman/103__Podcast_with_Marin_Katusa__The_best_gold_investments_to_make_today.mp3 Today’s podcast is with Marin Katusa. Marin is a world-class resource investor and lead analyst for Katusa Research – his publishing company, where he shares the details of many of the private investments he makes. Marin’s been …

READ MORE

How news affects your investments

by independenttrader The number of publicly available data increases year by year. Every day we are overwhelmed with hundreds of news, some of which have nothing to do with reality. It is worth to ask yourself whether being “up to date” …

READ MORE