Money & Economics

[bigredfish]

Very long article. Lots of info and data. Very helpful

AI Bubble?

The Stunning Math Behind The AI Vendor Financing "Circle Jerk"​

The Stunning Math Behind The AI Vendor Financing "Circle Jerk" | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[bigredfish]

 

[mat200]

 

[bigredfish]

 

[bigredfish]

Must be more of that 5D Chess

 

[bigredfish]

Seriously someone needs to enroll him in a math class.

1- there are more homes for sale than buyers, historical highs
2- Construction materials are at all time highs.
3- the only homes moving are the $750K+ variety where price/inflation doesn’t matter and most are cash deals

 

[bigredfish]

There was a time when the State taking over means of production was frowned upon in this country

 

[bigredfish]

We're all going to be filthy rich!
Thank you Daddy

 

[bigredfish]

Odd. Very odd

Social Security chief tapped to oversee another struggling agency: The IRS

The appointment, which would not require Senate confirmation, puts Frank Bisignano at the helm of two embattled, data-heavy agencies.

www.marketwatch.com

 

[David L]

Just got our property tax statement (Texas), it went down $1059.43 from last year. Yahoo...
Market Value remained the same as last year.

The 2025 Texas Property Tax Overhaul: A Strategic Guide for Comal County Homeowners, Businesses, and Investors | Blue Collar Commercial Group

The Texas Legislature has enacted a historic, multi-billion-dollar property tax relief package, representing one of the most significant fiscal policy shifts

bluecollarcommercialgroup.com

 

[bigredfish]

Texas did the right thing. Florida is trying to go one even better!

 

[tigerwillow1]

Just got our property tax statement (Texas), it went down $1059.43 from last year. Yahoo...
Market Value remained the same as last year.

In Oregon, property taxes increase 3% per year, plus whatever special levies are passed by the voters. Not affected by inflation stats or market values.

This is a simplification of a more complex system, but in the end, the actual outcome.

 

[David L]

In Oregon, property taxes increase 3% per year, plus whatever special levies are passed by the voters. Not affected by inflation stats or market values.

This is a simplification of a more complex system, but in the end, the actual outcome.

Before we moved, I want to say 2020 or 2019, we got a huge decrease too, $1000, Texas had a surplus that Gov. Abbott had Texans vote on what to do with the extra money, they voted for property tax decrease. That help us alot back then, this will help us now.

 

[bigredfish]

 

[bigredfish]

America saw ‘essentially no job growth’ last month, Moody’s warns​

https://thehill.com/business/5542223-america-job-growth-moodys-prediction/

 

[EMPIRETECANDY]

Everything is expensive. Price gouging,Groceries are ridiculous. Tariffs make things worse i think.

 

[bigredfish]

 

[bigredfish]

 

[gwminor48]

Gold futures climb past $4,000 an ounce for first time

Gold futures have soared above $4,000 per troy ounce for the first time, as many investors seek a “safe haven” to park their money as the U.S. government shutdown continues. Gold futures in New York jumped above the $4,000 mark Tuesday morning, marking a record high. The going price for New York...

www.offthepress.com

 

[bigredfish]

Gold futures climb past $4,000 an ounce for first time

Gold futures have soared above $4,000 per troy ounce for the first time, as many investors seek a “safe haven” to park their money as the U.S. government shutdown continues. Gold futures in New York jumped above the $4,000 mark Tuesday morning, marking a record high. The going price for New York...

www.offthepress.com

My #GLD ETF position is liking this

It blew right through 4000 last night