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Pentagon Racks Up $35 Trillion in Accounting Changes in One Year! Does It Matter Anymore?

IF EVERYTHING IS GREAT, WHY PRINT?

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

source / The Money GPS

There is considerable debt being racked up right now on all levels. Personal, corporation, national, and everything in between. We have no idea what the ramifications of such debt are, but every stress test of the financial system has indicated we have nothing to worry about. Certainly we have seen a few instances in the past where we were told everything is just fine and then it absolutely was not. But this time is different, right?

 

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Pentagon Racks Up $35 Trillion in Accounting Changes in One Year – Bloomberg

https://www.bloomberg.com/news/articles/2020-01-22/pentagon-racks-up-35-trillion-in-accounting-changes-in-one-year

EU chief says Biden on the same page over Big Tech regulation

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— The Money GPS: The purpose of big tech is to absorb your data. Not to provide a service and later take advantage of you. Look up In Q Tel. (Instagram Jan 21, 2021)

 

The unemployment benefits cliff hit almost 3 million Americans

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Instacart to Cut 1,900 Jobs, Including Its Only Union Roles – Bloomberg

https://www.bloomberg.com/news/articles/2021-01-21/instacart-to-cut-1-900-jobs-including-its-only-union-positions?srnd=technology-vp

Palm Beach Draws Flood of Wealthy Homebuyers in Covid Exodus

MSN

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Employers look to flee San Francisco and New York City – Business Insider

Texas and Florida could become the next business hubs as employers look to flee San Francisco and New York City

Remote work has undermined the importance of living in expensive hubs like San Francisco and New York City, as employers look for cheaper locations.

Miami Mayor Francis Suarez using Twitter to build next Silicon Valley

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— The Money GPS: Moving south? (Instagram Jan 21, 2021)

 

Peter Thiel bought an $18 million island estate in Miami that was once featured on MTV’s ‘The Real World’ – Usa news post

http://usa-newsposts.com/2021/01/20/peter-thiel-bought-an-18-million-island-estate-in-miami-that-was-once-featured-on-mtvs-the-real-world/

Bank of Canada Governor Isn’t Worried About a Housing Bubble – Bloomberg

https://www.bloomberg.com/news/articles/2021-01-21/bank-of-canada-governor-isn-t-worried-about-a-housing-bubble?srnd=premium-canada

Canada’s Housing Agency Says Stress Test Shows Only Remote Risk – Bloomberg

https://www.bloomberg.com/news/articles/2021-01-21/canada-s-housing-agency-says-stress-test-shows-only-remote-risk

Household debt ratio rises to 170.7%, Statistics Canada says – BNN Bloomberg

Household debt ratio rises to 170.7%, Statistics Canada says – BNN Bloomberg

Statistics Canada says Canadian households owed an average of $1.71 for every dollar of disposable income in the third quarter.

SEC.gov | EDGAR Full Text Search

SEC.gov | EDGAR Full Text Search

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— The Money GPS: Bitcoin going higher? (Instagram Jan 20, 2021)

 

Jack Ma, Alibaba’s Billionaire Co-Founder, Resurfaces After Months of Lying Low – WSJ

https://www.wsj.com/articles/alibabas-jack-ma-resurfaces-after-months-of-laying-low-11611117915


More money moving into the stock market. Value stocks have seen more inflows and tech stocks and other growth stocks are also performing well. More money is being pumped in from all sides, creating a massive bull market that apparently will never end as we are on a permanently high plateau.


— APPENDICES —

— The Money GPS: Money flooding into stocks (Instagram Jan 24, 2021)

 

Census Estimates Show Population Decline in 16 States * Stateline

With a perfect storm of aging residents, low birth rates, COVID-19 deaths and immigration cutbacks, 16 states saw population decreases last year as the United States experienced the slowest national population growth since the Great Depression. The nation grew only about 7% between 2010 and 2020, similar to the previous historic low between 1930 and […]

 

Larry King, legendary talk show host, dies at 87 | CNN

Larry King, the longtime CNN host who became an icon through his interviews with countless newsmakers and his sartorial sensibilities, has died. He was 87.

— The Money GPS: 2 ears, 1 mouth — use in that ratio. (Instagram Jan 23, 2021)

 

https://news.yahoo.com/record-options-white-knuckles-shorts-194933411.html

source

— The Money GPS: Buy the biggest shorts? (Instagram Jan 23, 2021)

 

https://finance.yahoo.com/news/grantham-warns-biden-stimulus-further-130000197.html

source

— The Money GPS: Investing legend says bad things are coming because paper printing does not create an economy. (Instagram Jan 22, 2021)

 

— The Money GPS: The purpose of big tech is to absorb your data. Not to provide a service and later take advantage of you. Look up In Q Tel. (Instagram Jan 21, 2021)
— The Money GPS: Moving south? (Instagram Jan 21, 2021)
— The Money GPS: Bitcoin going higher? (Instagram Jan 20, 2021)
— The Money GPS: Janet Yellen will you go “big”? (Instagram Jan 19, 2021)
— The Money GPS: Time to move? (Instagram Jan 19, 2021)
— The Money GPS: Never stop (Instagram Jan 18, 2021)
— The Money GPS: Invest in yourself first (Instagram Jan 18, 2021)
— The Money GPS: BITCOIN HITS $40,000 (Instagram Jan 7, 2021)
— The Money GPS: To get where you want to be, you have to know where you are now. (Instagram Jan 4, 2021)
— The Money GPS: Aim Higher (Instagram Dec 17, 2020)
— The Money GPS: Never lose money (Instagram Dec 16, 2020)
— The Money GPS: Master one thing before moving on. Know where you are in the cycle. (Instagram Dec 15, 2020)
— The Money GPS: Be a better investor | How to be a better investor. Window shop! (Instagram Dec 12, 2020)

— FOOTNOTES —

The Money GPS on Twitter: “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. / Twitter”

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.

The Money GPS on Twitter: “”I’ve never learned anything while I was talking.” – Larry King.I learned many years ago to be quiet and listen. Be humble. Never think I’m above anyone else. These lessons were something I had to repeat to myself over and over. In the end I benefitted from it to a great degree pic.twitter.com/su5hgaBea4 / Twitter”

“I’ve never learned anything while I was talking.” – Larry King.I learned many years ago to be quiet and listen. Be humble. Never think I’m above anyone else. These lessons were something I had to repeat to myself over and over.

The Money GPS on Twitter: “…Always keeping an open mind. Listening to others even if I think why bother? There’s always something to learn. Always something to appreciate. You can learn from books, audiobooks, videos, friends, family, or strangers. Ask questions.$GPS pic.twitter.com/wCb9lMe8yw / Twitter”

Always keeping an open mind. Listening to others even if I think why bother? There’s always something to learn. Always something to appreciate. You can learn from books, audiobooks, videos, friends, family, or strangers. Ask questions.$GPS pic.twitter.com/wCb9lMe8yw

The Money GPS on Twitter: “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 / Twitter”

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

The Money GPS on Twitter: “IF THEY WILL FIGHT OVER PLAYSTATION…What would they do for food? #ps5 #PlayStation5 #playstation #ps5fight #walmart pic.twitter.com/hbimVKzeta / Twitter”

IF THEY WILL FIGHT OVER PLAYSTATION…What would they do for food? #ps5 #PlayStation5 #playstation #ps5fight #walmart pic.twitter.com/hbimVKzeta


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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.

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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The Illegal* Gold and Silver “Fix”

The British Covid 19 new variant strain is 30% more deadly and 70% more transmissible. It cannot really get much worse, can it?