Having zero exposure to a scarce asset without counterparty risks is indeed not important in the current economic environment

2 trillion wiped out…

🇺🇸Donald Trump: “Israel is going to be attacked by Iran tonight”

➡️During a live broadcast from Mar-a-Lago, the former president made this statement but assured that he had no secret information about the possible attack

garandthumb

donuts raw police footage

haunted cosmos

rajiv surendra

People are really bullish on having kids here.

Anyone with fertility issues have experience with adoption?

It’s something I’m interested in hearing more about and potentially considering for the future .

I’m bored out of my fucking mind recovering.

Anyone wanna shill me their favorite content? I’m not looking for educational shit, just pure entertainment.

ever seem like some HAMs are excited to be controlled by the State?

my own art practice and the ethereum market trends might be related.

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Now here come the “good white folx” trying to explain to me the differences between Mastodon and Bluesky 🤣😂🤣

I don’t give a fuck AND neither should any person being targeted by this vile shit

As a USER, it’s NOT my responsibility nor my desire to understand how the shit works…I just need it to keep me safe or I’m out

Cars have breaks and seatbelts for a reason…I don’t need to understand the specs…I just need them to make the car stop and to keep me from flying out the window

How to look like a celebrity, men's starter pack 2024:

- wear white clothes and a big white baseball cap

- have dark sunglasses on. After 8pm.

- and a pair of medium sized, round silver earrings

- smile for no reason. All the time.

I suppose our definitions of pathetic are different.

Recession is not necessarily a bad thing. It flushes out some unhealthy companies from the market that were not sustainable enough to put something aside for hard times.

Muslims know the story of Yusuf, aleyhissalam, where he received the wahy in a dream to put something aside in seven good years for the following seven bad years.

Every company should have enough capital reserves, ideally in Bitcoin, to survive three tough years at least. Or better more. Not on credit ... real reserves.

This is because new corporate loans and bailouts only lead to more money being printed, the population becomes impoverished by losing purchasing power, wages fall and there is much less consumption. Hyperinflation. So it only helps to achieve the goal (to recover quickly) in the short term, if at all.

But there are very few companies today that have grown so healthily. They operate according to the "low time preference" principle, i.e. quick profit distribution to the board of directors and shareholders. Only few think of iron reserves.

That's why a full grown recession is good from time to time to wash away the mud.