Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Liquid Assets

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We have commenced a complete remodel of our kitchen (pray for me………), so I spend a fare amount of time buying stuff. I was on one site, looking at kitchen faucets, and just for the hell of it, I was curious what the most expensive one was. Here it is…………

So this faucet is about $21,000 (although it’s deeply discounted to under $15,000). I was wondering, what on EARTH would be the reason. Is it made of solid gold? I can’t see anything special about it at all.

This shows, once again, there are some people that have tons of money and zero sense. Maybe the Department of Defense wants to buy a few dozen of these suckers.

China Bans Bearish Content (by LZ)

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A bear market signal triggered in China:

China Bans ‘Negative’ Finance Writers as Stock Market Sinks

Wu Xiaobo and two other writers who weren’t fully named “attacked and undermined” Chinese policy and spread “negative and harmful information,” according to a statement by Sina Corp.’s Weibo on Monday.  

Wu has 4.7 million followers on the Twitter-like social media platform, making him one of China’s most influential writers about finance. He regularly writes for Caixin Global and has published bestselling books on Tencent Holdings Ltd. and China’s economic transformation. His recent posts have been deleted, making it unclear what triggered the ban.