Why are the US so different now from what they were in 1990?
It's a total mystery... 🤔
Apparently, Alaska is the only one that improved. It went from "Public administration" to "Healthcare", which is marginally better...
Full thread debating the challenges to the US economy:
https://x.com/envelopepusher0/status/1947669439182184786
It's crazy how many companies passed $1 trillion - and that the largest one is now Nvidia 🤔 They used to be just a graphics card manufacturer... Alphabet (Google) and Meta produce basically nothing.
Robert Downey Jr sees Wall Street for the first time
I wrote software for numerous domains - scientific, technical, medical, business, banking & finance and I always worked closely with my clients to understand their needs and provide the best possible solution.
Working with speculators on a portfolio management system was quite...See more
Treasury Bonds are a safe, unproductive placement as long as the government can pay back its debt.
Never forget that Governments have gone bankrupt throughout history.
And there are far more profitable investments that even grow the capital - with various levels of risk.
The point here is obviously that you have to be rich, first, which most people will never be, so they can't just place millions to generate a continuous high yield income.
The UK is losing 16'500 millionaires! Imagine the unbelievable idiocy of the UK government - they accept hundreds of migrants who will turn into violent criminals into the country every day, but they passed laws that made the people who paid most of the government's income leave...See more