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Category: Economics

Everything You Know About Economics Is Wrong: The United States Government Cannot Go Bankrupt

February 21, 2019 Contrahour 4 Comments

The United States owns a printing press that it keeps on the National Mall in Washington, DC.  It’s very nice. …

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Posted in: Economics, Everything You Know About Money Is Wrong

Everything You Know About Economics Is Wrong: Don’t Sell Montana!

February 19, 2019 Contrahour 1 Comment

  A petition to sell Montana for $1 trillion is gaining traction on Change.org. Canada might like to own Montana…

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Posted in: Economics, Everything You Know About Money Is Wrong

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Slave 1 as a kids bed. Interesting design choice.

Slave 1 as a kids bed. Interesting design choice.
Steven Dennis @StevenTDennis

Star Wars room alert! In a Bonker Mcbonkerspants Orlando megamansion presumably intended for monster rentals. $15M. One of the more fun listings I've seen. cc: Boba Fett. #FridayNightZillow https://www.zillow.com/homedetails/9200-Bentley-Park-Cir-Orlando-FL-32819/46248258_zpid/?

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Turns out I was wrong about copper. @themarketear pointed out that copper prices are correlated with 10-year breakevens (i.e. inflation expectations)

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Sports contracts are so weird. Happy Bobby Bonilla Day.

Sports contracts are so weird.  Happy Bobby Bonilla Day.
Hollywood.eth @Blade24821777

@StevenACohen2

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$MU beat but guides significantly lower. $TSM seeing reduced orders, may cut FY outlook.

$GM guides lower. $KSS lowers guidance.

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Futures down, Europe down, Asia mixed. 10yr below 3%. Eurozone Markit PMIs better than expected but still weak. Russia seizes control of Sakhalin gas project.

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