Posted by: PotatoChip
« on: December 04, 2025, 06:49:41 pm »R.I.P DOGE, Savings Were Fake, the Fatalities Were REAL
https://www.youtube.com/watch?v=lPsEgkxNrhw
https://www.youtube.com/watch?v=lPsEgkxNrhw
Why the Swiss Voted Against a Wealth Tax (Again)
Over the weekend, Switzerland rejected a proposal to introduce a wealth tax on the super-rich, targeting estates and gifts. In this video, we're taking a look at the recent referendum and why it was rejected, again.https://www.youtube.com/watch?v=Q08WJDkJJvo
Italy’s ruling lawmakers are pushing an amendment declaring the Bank of Italy’s $300 billion gold reserves state property, despite concerns it may breach EU rules. The move revives long standing political interest in using the gold to ease public debt. Italy will seek opinions from the Bank of Italy and the ECB, which has previously warned that limiting central bank autonomy over gold would violate EU treaties. For in-depth analysis and a deeper perspective, François Picard welcomes Salvatore Rossi, Italian Economist and former General Director of the Bank of Italy.https://www.youtube.com/watch?v=G3K_Vv6SeTU
#Gold #Meloni #Italy
The Reichsbank, which was the central bank of Nazi Germany, was directly controlled by Adolf Hitler. Initially established in 1876, it was renamed the Deutsche Reichsbank in 1939 and was placed under Hitler's direct control during the Nazi regime. The Reichsbank played a significant role in financing the war effort and was involved in various financial practices that contributed to the economic policies of the Nazi regime.https://www.bing.com/search?q=who+ran+hitler%27s+central+bank%3F&form=ANNTH1&refig=692fce48c8bc41ecaaa67976c2653c0e&pc=ASTS
Ever wondered why people say “Eat the Rich”? This slogan isn’t just a meme, it has roots in the French Revolution, resurfaced in the 1970s, and now dominates protest signs worldwide. But is it a call for change or just a catchy buzzword?https://www.youtube.com/watch?v=WjyqVGslAls
We break down its history, why it’s trending again, and how it became a movie genre in films like Parasite and Triangle of Sadness. Plus, we look at today’s reality: the richest 1% own over 20% of global wealth.
👉 Watch now to uncover the story behind the slogan that shook the world.
0:00 Intro
0:35 Title: Why Eat the Rich Won´t Change the World
0:44 The Origins of Eat the Rich
3:32 The Growing Societal Rift
5:25 How the Slogan Made it to the Movies
9:43 Political Protest in the Digital Age
13:25 Why the Rich Aren´t Very Tasty
Hope so. I grew in the 80s. My heroes were musicians, artists, actors. Millionaires were always criticized by rock bands. It was disgusting to see generations treating these corporate billionaires like they were pop stars
Then your beloved musicians became millionaires.
There is a HUGE difference beetween a million and a billion.
And these musicians mostly do harm to themselves , not to dozens or thousands
They want to become the rich. The US has become a nation that caters to the rich. The rest don't matter.
The conditions billionaires and the ruling class have created has the working class waking up each morning hoping to read more headlines about CEOs like Brian Thompson being deleted.
As part of a series of economics specials in the run-up to the Autumn Budget, Michael Walker speaks to Professor Steve Keen, who thinks that mainstream economics has got everything disastrously wronghttps://www.youtube.com/watch?v=k68a9TkHyc4
As President Donald Trump tries to upend the global trade order and remake the US economy, the logic behind $7.5 trillion of Asian investment in American assets is being questioned. Some of the world’s biggest money managers say an unwind is just getting started. Bloomberg's Ruth Carson reports.https://www.youtube.com/watch?v=u_gtVNWDWjk
JPMorgan Chase Chief Executive Jamie Dimon delivered a dire warning for the markets, predicting a crisis unless the U.S. takes steps to address its spiraling national debt.Entire article: https://www.msn.com/en-us/money/markets/jpmorgan-s-jamie-dimon-predicts-crack-in-the-bond-market-citing-us-fiscal-mess/ar-AA1FOnbP?ocid=BingNewsSerp
“You are going to see a crack in the bond market, OK?” Dimon said during an interview at the Reagan National Economic Forum in California. “It is going to happen.”
Bond markets have been rattled by the prospect that the already wobbly fiscal situation in the U.S. will worsen, should tax legislation backed by President Trump become law. A House-passed measure would increase projected budget deficits by some $2.7 trillion over a decade, adding to a national debt that already stands at more than $36 trillion.
Yields on existing bonds increase
When people start selling US bonds, it matters because yields on existing bonds increase, and the government has to offer higher coupon rates to attract buyers for new bonds to fund new spending.
President Donald Trump’s stake in his media company now makes up a large part of his fortune.https://www.msn.com/en-us/money/companies/trump-media-stock-tanks-9-as-donald-trump-files-to-sell-up-to-2-3-billion-worth-of-shares/ar-AA1Ca9BX?ocid=msedgdhp&pc=U531&cvid=54d6861ee9e346568511074a88c80642&ei=15
A trust overseeing President Donald Trump’s multi-billion dollar stake in Truth Social’s (DWAC) parent company could sell up to 115 million shares, according to a regulatory filing.
Trump Media and Technology Group stock dropped as much as 9% on the news, before paring back some of those losses. The stock, which has often been described as a meme stock, has shed 44% of its value since Jan. 1.
Trump Media on Tuesday filed to register up to 142.5 million shares and warrants for sale, according to a filing with the Securities and Exchange Commission. That includes 114.75 million shares of common stock held by Trump’s trust, which is controlled by Donald Trump, Jr., the president’s eldest son. Axios first reported on the filing.
The SEC will need to consider the filing effective before stockholders such as Trump’s trust and ARC Global, which sponsored Trump Media’s special-purpose acquisition company, can sell their shares.
Trump’s ownership of Trump Media, valued at roughly $2.1 billion, made him one of the world’s 500 richest people last year, with a fortune of as much as $6.5 billion. Forbes now estimates his fortune at about $4.7 billion...
US tariffs pose a threat to Europe, but not an existential threat says Bertram Kawlath, president of the German machine builders' association VDMA. The German economy is shrinking, tax income is falling, and unemployment is set to rise but he remains optimistic about Germany’s ability to recover.https://www.youtube.com/watch?v=vsLSu8c2J_o
#germany #business #tariffs
Jamie Dimon, CEO of JPMorgan Chase, told the crowd that war and nuclear proliferation are greater existential threats than climate change.https://www.msn.com/en-us/money/markets/world-war-iii-has-already-begun-jamie-dimon-warns-says-his-team-is-preparing-for-serious-conflict-with-china-russia-how-to-protect-yourself-in-2025/ar-AA1BWF76?ocid=msedgdhp&pc=U531&cvid=7cda6161a9b84f618cf954504e507bac&ei=14