alvvayson

We have long passed the point where lobbying and bribing were just doing your fiduciary duty.

And indeed, it seems we are back to feudalism and you have to pay tribute to the divine king and kiss his ring.

It's a bad time to sell, but anyone "buying the dip" will quickly learn what "catching a falling knife" means.

I think the road to the bottom still has some distance to cover.

The answer is European and Japanese bonds.

Also in part due to a weakening dollar.

I don't have a crystal ball, but since Trump took office, the Euro has appreciated nearly 10% against the dollar. Which in turn makes it very likely that the ECB will drop rates.

This will definitely make it less painful to increase borrowing and spending.

In addition to that, having kids, crossing international borders and moving to different countries are also things where marriage gives benefits.

And in some jurisdictions, there can be very significant tax advantages.

Which is why there was always a big fight for marriage equality.

But if you don't want all these legal benefits, then co-habiting is fine.

He can't remember who he paid to protest.

It's all a big blur.

You guys have your heads so far up your asses, billions of subsidies for renewables were "sabotage".

If only even more billions would have been thrown against it, surely then it would have worked.

German anti-nuclear religion is so persistent and dogmatic, I'd rather debate the Taliban on Islam.

Luckily the smart Germans are changing course, as polls continue to show.

Germany is the obvious evidence for that claim. Their once great industry is doing really bad due to high energy prices. Which is why even they are second guessing the Energiewende.

Despite insane levels of investment in renewables, they are still stuck on gas en lignite and have very high energy prices.

Merkel's bet that Russian gas could always be depended on didn't work out.

The "expensive" argument is bollocks.

It's not too expensive for China, South Korea, Japan, the USA, France, the UAE, Iran, India, Russia.

The countries without nuclear will deindustrialize and the countries with nuclear will outcompete them.

The Fed won't ever allow it to get as bad as the Great Depression again. Economic knowledge and monetary policy has greatly evolved since then.

The Great Recession is a more recent and likely scenario.

TIL 2000 and 2008 were just fluctuations due to big changes.

Stock market peaked 19 feb, 1.5 months ago. It has lost 17% since then.

That's an awfully long and persistent fluctuation.

The US stock market has been liberated of 11 trillion dollars and counting.

What a party, what a party.

But alienating our base so that we can lose elections to MAGA republicans is perfectly OK.

Obviously, the problem is with the voters, not us, say the Democrats.