Since start of this year, consensus has lowered probability of recession in Europe & UK. But for US, recession probability has remained constant at 65%. Consensus now thinks there is higher probability of recession in US in next 12mths than in Europe & UK.
Dollar’s worst slump since Nov has some strategists saying a turning point is finally at hand for the greenback. Standard Bank expects ‘multi-year downtrend.’ Dollar bears can also lean on valuation measures. Dollar is overvalued in terms of purchasing power (Big Mac Index) against all major currencies except Swiss franc, the Swedish/Norwegian krona, and the Canadian dollar.
The #LightningNetwork is helping bank the unbanked 🙌
"As #bitcoin continues to permeate underdeveloped economies, the next wave of adoption might just come from people who don’t even realize they’re using #bitcoin." - Forbes
Due to Mismatch, there is a good chance that Affirmative Action *reduces* diversity.
Students who would graduate from state school end up dropping out of Ivy Leagues without degrees (and often with massive student debt) due to being mismatched.
Racial preferences are not how we make a student performing at the state school level ready for the Ivy League.
Germans have had enough. They are just dragging the “no more oil” protesters by the hair and tossing them into the bushes.
Would you do the same?
https://nostr.build/av/a360a851ce1730a0110bb6dd816e1ee268eb6856b8a9afe23935f8cbb32553b8.mp4
Milton Friedman predicting #Bitcoin back in 1999 🤯
https://nostr.build/av/38e7eefc4108d1cde858d7ce08c94507c7688d2ce9f47ad6e7264063101bd681.mp4
Imagine you fulfill your childhood dream and become a firefighter and in the end you have to scrape such unemployed wimps off the street.
https://nostr.build/av/09790f049f7124ff633ef318f3e3aac1de30212b47ef437d0d83f395cb9d8fe8.mp4
German eco-activists could have their hands amputated for letting them dry on cement on a busy road, stopping traffic for hours and causing massive congestion.
https://nostr.build/av/8ca5a18b03f6cb653ff711d92d4c73a5f5ce80b82f3fe98a6184f29fd8d38dff.mp4
2022/2023 is the longest bear market in #Bitcoin history.
If you are still here, hodling and building, you will get rewarded.
It’s in these times winners of the next bull market are created.
NEW: In a recent poll conducted by the Bank for International Settlements, more than 90% of Central Banks indicated that they expect private banks to handle KYC processes and provide wallet services to the public for their Central Bank Digital Currencies 👀😮
NEW: Former Celsius CEO Alex Mashinsky bailed-out for $40 million and Celsius to pay $4.7 billion settlement.
https://www.coindesk.com/policy/2023/07/14/alex-mashinskys-bail-set-at-40m-travel-restricted/
#Bitcoin on exchanges reaches a new 5-year low of 2.25 million #BTC 👀🙌
#Bitcoin mining helps reduce the amount of carbon dioxide that is produced 🙌
Trust the science
“One of the sad signs of our times is that we have demonized those who produce, subsidized those who refuse to produce, and canonized those who complain.”
― Thomas Sowell
https://www.washingtonpost.com/technology/2023/07/13/twitter-creators-payments-right-wing/
Anyone else have this problem?
Math SAT Scores
- 60% of those scoring 750-800 are Asian while 2% are Black.
- On the other end of the graph, 6% of those scoring 300-350 are Asian while 35% are Black.
These scores align with study time data - cultures that promote studying tend to score higher on the SAT.
#memestr #memes #funny