I think the reason the celebrity death rate seems lower than the general population is obvious: income inequality.
Americans need to be afraid because the world’s investors and speculators have voted with their money and elected China the global financial leader.
Those people fear the United States is no longer a safe place to conduct business. The executives fear that coronavirus, political unrest, riots, violence, economic upheavals, and income inequality make America a dangerous place to do business.
CFS claims to have designed, built, and demonstrated a new high-temperature superconductor (HTS) that could speed hot fusion development.
I think the proper response to Trump is a Marshall Plan to rebuild those American regions devastated by the economic collapse of the last 20 years and laid low by…
Meanwhile, Tesla shareholders enjoyed a $2,023.34 share price and a $377.07 billion market capitalization on 25 August 2020. Hence, Uncle Sam’s $465.50 million investment in Tesla a decade ago created $377.07 billion in wealth for investors 10 years later.
America is on the brink of a depression that could last for decades. History shows the Coronavirus Depression could last for a decade or longer. Data reveals the Coronavirus Depression…
July 31, 2020 – the date on which the Cares Act $600 a week unemployment insurance payment ends. August 1, 2020 - the date on which angry mobs could start gathering on Capitol Hill and at Congressional offices.
Hence, Dreher and Weinstein’s claims that the events unfolding in America’s streets are the beginnings of a revolution hold some truth. The so-called protesters are acting like revolutionaries.
Hence, America just demonstrated that Basic Income works and alleviates poverty. Given these results, I think a scheme such as failed presidential candidate Andrew Yang’s (D-New York) Freedom Dividend could lead to great prosperity in America.
America’s problems go far beyond police shootings and casual racism. Those who think being nice to black people and screaming “abolish the police” can solve America’s problems are living in fantasyland.
Given that potential reality, all investors need to get ready for a bumpy ride in the market. One way to prepare for that ride is to hold cash rich stocks with high margins of safety such as JPMorgan Chase & Company (NYSE: JPM). I think the banking system will survive, but that survival will be rough.
