I was messing around with our Economic Database (yeah, honestly, that’s what I do at night) and happened to find one data set of the credit card rates banks charge to consumers. This is……..shocking. Considering how the government has literally gone into debt by TRILLIONS to support this parasitic industry, you’d think maybe banks wouldn’t be completely shafting consumers. But, nope! These are loan shark rates.
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.
Pfizer Wipeout Continues
From the good people who brought you Viagra and the Covid-Jab, we see PFE continues to get blown to smithereens, now down about 60%, and in an environment in which the government has poured trillions into keeping stocks propped higher. In an actual organic market, this would be a penny stock by now.
Home Lab
I spent Tuesday evening working on my novel and messing with economic data (yeah, that constitutes a fun evening for me) and I made something worth sharing with Chart Lab. All I did was take a long-term chart of home prices (which, of course, was like a bottle rocket) and divided it by the CPI.
(more…)That Special SBF Feeling
Here’s the original tweet if you want to see the replies………….
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