Still not actively TAing yet: hopefully they can assign me a room now.
Here's fun news items:
Calculated Risk - architecture billings growth streak continues. So quit selling S&P you fucking pussies!
Tim Duy the Economics Guy - Fed may have too much faith in inflation forecasts. In which case, yet again, the Federal Reserve will cause a recession and kill thousands just so they can provide more money to the rentier class.
Reuters - Buffett calls US pessimists 'out of their minds'. Well, they're not always 'out of their minds'; sometimes they're just Russian-funded neo-Nazi propagandists. Here's Warren himself:
He noted that since Forbes created its first list of the 400 richest Americans in 1982 -- Buffett was worth just $250 million then -- some 1,500 different people have been included.Would you expect Pooty-Poot to be short US and long gold? Of course not, he's got his own billions stashed away in US equities, like every other tinpot dictator.
All with one thing in common.
“You don’t see any short sellers,” he said, referring to people who bet stock prices will fall.
Tim Taylor - antitrust in the 1520s. Yes, once upon a time Protestantism (and by that we include Luther Himself) was against monopolies. Of course, back then Protestantism was revolutionary; now it's just another opiate propping up the kleptocracy.