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    Trade deficit in goods tops $1 trillion in 2021 for first time as U.S. gobbles up imports

    The story that Apple refused FBI is more complicated than what we read in the newspapers. In most cases, Apple did provide the records. In the widely reported case involving the iphone of the San Bernardino shooters, what FBI exactly asked Apple? " the FBI asked Apple Inc. to create a new...
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    This is looking like a BEAR market

    The emerging market ETF eem is doing fine. Some Asia markets are really cheap. South Korea PE 12, Hong Kong PE 9.
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    Milo Launches First U.S. Crypto Mortgage

    Perfect for money laundering. Will probably be shut down by Fed.
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    JPM announces earnings at 7 AM - predictions

    https://www.cnbc.com/2022/01/14/jpm-earnings-4q-2021.html
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    Asian High Yield Corporate Bond Funds

    Doubleline has a few bond funds, DBLEX and DBELX, in emerging markets, but their performance has been sh*t.
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    The Education of a Speculator

    Read it a long time ago, and was not too impressed.
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    Putin and Xi plot their SWIFT escape

    An old article from 2020 https://www.economist.com/briefing/2020/01/18/americas-aggressive-use-of-sanctions-endangers-the-dollars-reign America’s aggressive use of sanctions endangers the dollar’s reign Its rivals and allies are both looking at other options Ever since the dollar cemented its...
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    26% return last 3 yrs near equals near the best 3 yr period in history

    97-99 boom was driven by the so-called internet superhighway (aka internet); even though it ended in a bust, it laid the foundation of the digital economy that we have today. In comparison, 2019-21 boom was driven by the Fed Reserve. It indeed re-created the wealth effect, at least for some...
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    Harvard University Professor Convicted of Making False Statements and Tax Offenses

    FATCA was the revenue-raising portion of the 2010 domestic jobs stimulus bill at the time US didn't realize all the problems could be solved by printing money. The U.S. has yet to comply with FATCA itself, because as of 2017, it has not yet provided the promised reciprocity to its partner...
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    Chinese Spies Accused of Using Huawei in Secret Australia Telecom Hack

    https://www.theregister.com/2018/10/08/super_micro_us_uk_intelligence/ US Homeland Security, UK spies back Amazon, Apple denials
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    Jack Ma disappearance prompts $497b loss for Alibaba in just one year

    He just showed up on some Dutch farms. Don't be surprised if he goes into food industry. Something like Ant Foods akin to Pepsi and Nestle?
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    A record 4.3 million workers quit their jobs in August

    My wife's cardiologist, who is in his early 50s, just quit this year. I have been shopping for a primary care physician for sometime as my previous doc moved away, and to my surprise, many physician who are still listed in my issuance are not working anymore.
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    A record 4.3 million workers quit their jobs in August

    Apparently you have never heard about MIT (made-in-Taiwan), or MIM (made-in-Malaysia). A lot of these stuff I bought at Walmart in the 1990s were either MIT or MIM.
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    Taliban in Kabul as President Flees

    This article makes me wonder why we didn't get out much earlier https://www.newyorker.com/magazine/2021/09/13/the-other-afghan-women
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    Up to Half of the $14 Trillion Spent by Pentagon Since 9/11 Has Gone to War Profiteers

    https://www.newyorker.com/magazine/2021/09/13/the-other-afghan-women This war is a big tragedy.
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    Not yet a failed state, Malaysia is decaying rapidly

    The GDP has been growing at close to 5% annually, not bad at all.
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    How likely is an economic meltdown in the US and Europe similar to the one in Afghanistan?

    The stock market crash in 1929 certainly is worse than the Taliban took over. Lehman collapsing in 2008 came close. In the future, there are a number of possibilities A nuclear war? A pandemics worse than covid19? A big wild fire that destroys California? A big storm that destroys New York city?
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    Taliban in Kabul as President Flees

    Biden is just paying price for the combined mistakes of Bush, Obama, and Trump. The war was lost a long time ago, but each president just kicked the can down the road. In 2020 Trump made a deal with Taliban to withdraw the US troops . Had he been re-elected, this sh*t would be on him.
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    US pullout from Afghanistan evokes horrors of Cambodia

    Australian war crimes in Afghanistan did not help at all https://www.bbc.com/news/world-australia-54996581
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    Exclusive: China just gave a big F-U to America, hedge fund manager says

    Has Bass made any money recently? It seems that all the Big Shorters of 2008 are out of the picture by now, save Mike Burry.
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