Category: Financial ASSets

Wallstreet Media Blamed Retail Investors for Blowing Up Teacher’s Pension Funds

So, this little chronicle dates back to the year 2022, during the Ongoing GameStop Fiasco there were a crowd of retail investors buying and holding shares of GameStop. There were a bunch of Hedgefunds and Wealth Management Firms that would bet State pensions on Shorting GameStop. Meaning there were degenerate gamblers trying to make money… Read More Wallstreet Media Blamed Retail Investors for Blowing Up Teacher’s Pension Funds

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So Banks are still freezing people’s Accounts

Alex Jones wasn’t the first, and he won’t be the last. Banks are closing people’s accounts again. Banks close people’s accounts under their wild guess of ‘suspicious activity’. This is worse than civil forfeiture because it’s a private entity doing it under their own decision making. Imagine vigilante mercenary groups enforcing the law based on… Read More So Banks are still freezing people’s Accounts

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DEI metric is a scam

It’s just Racism packaged under a social Justice Veneer. DEI is Diversity, equity, and inclusion It’s some sort of corporate metric to measure how racist your company is assigned by the HR department under with a bunk executive like a Chief People’s Officer or Chief Diversity Officer. Basically the Supreme Grand Wizard Racist (and sexist)… Read More DEI metric is a scam

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Saving money in the bank is kinda bad advice, ngl

I’m just saying. The rate of returns that you get is shit- Comparatively to how the rate of returns were fifty years ago. Source; Banks are gross and Certificate of Deposits have gone to $#!* Meme; Conclusion; Back then; a three month term,for more than 10 percent annum return nowadays: they want yearly termsfor table scraps that… Read More Saving money in the bank is kinda bad advice, ngl

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