Dewey Fernfield
There’s one thing about debt, it continues to rise without question. Over time, there’s more debt. What has been a constant is that since 1980, rates have been declining. When interest rates are lower, financing debt becomes easier. This allows governments to pay back their unbelievably massive debt loads, without defaulting. While many people are saddled with credit card debt at 17% interest, financial institutions are using the system of debt to their advantage. It’s a different world depending on where you look.
A $13 Trillion Debt Bill Comes Due for Big Economies – Bloomberg
Elon Musk is now the richest person in the world, passing Jeff Bezos
Elon Musk is now the richest person in the world, passing Jeff Bezos
Elon Musk just became the richest person in the world, with a net worth of more than $185 billion, according to CNBC calculations. Thursday’s increase in Tesla’s share price pushed Musk past Jeff Bezos, who had been the richest person since 2017 and is currently worth about $184 billion.
Biden Tax-Increase Agenda Revived as Democrats Win Senate – WSJ
Biden Tax-Increase Agenda Revived as Democrats Win Senate
WASHINGTON-Democratic control of the Senate gives President-elect Joe Biden a much stronger chance of raising taxes on corporations and high-income households. Until this week’s Georgia runoff elections, Mr. Biden’s plans for tax increases were running into solid opposition from the Republican-controlled Senate.
Manhattan Office Vacancies Soar to a Record With Leasing Frozen – Bloomberg
American Gold Eagle Sales Up 455% in 2020 | SchiffGold
American Gold Eagle Sales Up 455% in 2020 | SchiffGold
Demand for physical gold and silver surged last year as smart investors sought safe haven from a record-breaking expansion in the money supply, record federal budget deficits, and quantitative easing set to infinity. Sales of US gold and silver bullion coins at the US Mint hit a 4-year high in 2020.
Canada’s International Trade Slows in Sign of Weakening Recovery – Bloomberg
(16) Squawk Box on Twitter:
“”When it comes to the young people’s hands they are going right to their @RobinhoodApp accounts,” says @Novogratz on stimulus driving market gains. “One of the most unique things last time was seeing how many people bought #bitcoin with the exact amount of stimulus. Boom. Boom.” https://t.co/DuazhcEeUC” / Twitter
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“When it comes to the young people’s hands they are going right to their @RobinhoodApp accounts,” says @Novogratz on stimulus driving market gains. “One of the most unique things last time was seeing how many people bought #bitcoin with the exact amount of stimulus. Boom. Boom.” pic.twitter.com/DuazhcEeUC
Country Living Enjoys Renewed Appeal in U.S.
Country Living Enjoys Renewed Appeal in U.S.
Story Highlights 48% now prefer to live in a town or rural area, up from 39% in 2018 Preference for cities fairly steady, while desire for suburbs dips Preference for country up most among GOP and non-Whites, also in South WASHINGTON, D.C.
Vatican denies knowledge of $1.8 billion transferred to Australia | National Post
Vatican denies knowledge of $1.8 billion transferred to Australia
The official in Rome said the Vatican had around 100 legal entities, including hospitals and the like, “but they don’t have that kind of money.” AUSTRAC said the transfers ranged from yearly totals of A$71.6 million (US$55.2 million) in 2014 to A$581.3 million (US$448.0) million in 2017.
IRS Sends Stimulus Payments To ‘Wrong Bank Accounts’ Affecting Estimated 13M Tax Service Customers – CBS Dallas / Fort Worth
https://dfw.cbslocal.com/2021/01/07/irs-stimulus-payments-wrong-bank-accounts-tax-service-customers/
Hyundai Motor says it is in early talks with Apple, shares surge 24% | Reuters
Hyundai says in early talks with Apple after electric vehicle tie-up report
SEOUL (Reuters) -South Korea’s Hyundai Motor Co said on Friday it was in early talks with Apple, after local media reported the firms were discussing an electric car and battery tie-up, sending Hyundai shares surging 25%.
The stock market is rising higher and higher. There has never been a time in which so many investors have been putting money like this into the markets before. More tech stocks are becoming household names. Many unicorns are born every day. Billion dollar companies with excessive debt, SPAC deals, and IPO’s are absorbing the insatiable investor appetite.
— APPENDICES —
— The Money GPS: BITCOIN HITS $40,000 (Instagram Jan 7, 2021)
— The Money GPS: Aim Higher (Instagram Dec 17, 2020)
— The Money GPS: Never lose money (Instagram Dec 16, 2020)
- The Money GPS: How To Get Out of An Economic Crisis. Action Steps To Excel, Prosper, and Prepare!
- The Money GPS: If You’re Dealing With Unemployment, Wage Cuts, or Crisis THIS Is What You Must Do
- The Money GPS: Who Controls the World? These Organizations, Institutions, and Families Run the Show
- The Money GPS: Rothschild and Rockefeller Team Up With the Vatican! Follow the Money…
- The Money GPS: The Broken Economy Leaving Millions Without A Job! Economic Crisis or Opportunity?
- The Money GPS: BIS Central Banker Admits EPIC Level Crisis Is the Most Likely Result of Global Mass QE
— FOOTNOTES —
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Wake up to the suits and ties. They’re all lying to you. None are your friends. None wish to help you. Wolves in sheep clothing. More distractions than ever before. The magician always makes a spectacle to hide the trick.
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ATTACK?If someone was going to attack a country, kind of makes sense to make it a surprise. But then again, the vast majority of the public is sleepwalking and will accept and believe anything they’re told. $GPS pic.twitter.com/mInQE2tpn3
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We live in a fantasy land. More money flowing in than ever before, IPO frenzy, housing skyrocketing. Euphoria never end well. The higher it goes the worse it will be. Slow and steady growth is much safer. #money #investments #debt
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IF THEY WILL FIGHT OVER PLAYSTATION…What would they do for food? #ps5 #PlayStation5 #playstation #ps5fight #walmart pic.twitter.com/hbimVKzeta
— PLAYLISTS —
• The Amazon GPS – Mini YouTube eCourse
• The Money GPS – How To and Solutions
How To Fix the Economy – Introduction
How To Fix the Economy – Bailouts
How To Fix the Economy – Food
How To Fix the Economy – Central Bank
How To Fix the Economy – Manufacturing
How To Fix the Economy – Financial Markets
How To Fix the Economy – Media
How To Fix the Economy – Overseas Investment
•
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The Money GPS Financial Education 101 coming soon.100% free eCourse for you to learn from but for those who already know the content, this is perfect to share with others. I’m creating this course for people specifically to get the foundation #money #moneyGPS #financialeducation pic.twitter.com/nzqVVSSorT
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Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2021
The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It’s simply data that is generally not found through conventional means.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of The Duran.
What Is The Money GPS? The Money GPS is a news aggregation source. It compiles data from government documents, white papers, mainstream news articles, financial reports, supranational entity reports, financial charts, and any other relevant information. The information is collected, dots are connected, and compiled into videos which tend to be around 10 minutes in length. Subjects include anything from central banks, debt, stock market analysis, and information which is specifically ALTERNATIVE to what the majority of people believe. If you are looking for stock tips or help with building your portfolio, this channel is not for you. If you… Read more »
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