socialism in germany 💀 
what is zap ?
i'm from vietnam and i love #nostr
hello everyone lets have a journey 🤝
#introduction
primal on web
damus on ios
If freedom of speech is taken away, then dumb and silent we may be led, like sheep to the slaughter. - George Washington
Roger Federer from his commencement address at Dartmouth:
“In tennis, perfection is impossible... In the 1,526 singles matches I played in my career, I won almost 80% of those matches... Now, I have a question for all of you... what percentage of the POINTS do you think I won in those matches?
Only 54%.
In other words, even top-ranked tennis players win barely more than half of the points they play.
When you lose every second point, on average, you learn not to dwell on every shot.
You teach yourself to think: OK, I double-faulted. It’s only a point.
OK, I came to the net and I got passed again. It’s only a point.
Even a great shot, an overhead backhand smash that ends up on ESPN’s Top Ten Plays: that, too, is just a point.
Here’s why I am telling you this.
When you’re playing a point, it is the most important thing in the world.
But when it’s behind you, it’s behind you... This mindset is really crucial, because it frees you to fully commit to the next point… and the next one after that… with intensity, clarity and focus.
The truth is, whatever game you play in life... sometimes you’re going to lose. A point, a match, a season, a job... it’s a roller coaster, with many ups and downs.
And it’s natural, when you’re down, to doubt yourself. To feel sorry for yourself.
And by the way, your opponents have self-doubt, too. Don’t ever forget that
But negative energy is wasted energy.
You want to become a master at overcoming hard moments. That to me is the sign of a champion.
The best in the world are not the best because they win every point... It’s because they know they’ll lose... again and again… and have learned how to deal with it.
You accept it.
Cry it out if you need to... then force a smile.
You move on. Be relentless. Adapt and grow.
Work harder. Work smarter.
Remember: work smarter.”
Foreigners are not net short USDs; they are short USD cash but massively long USD assets 👇.
Any time USD $dxy gets "too strong", foreigners will sell their now $57T (gross), $22T (net) in USD assets "until their hands bleed" (as a trader I know used to say) to raise USDs.
the carry trade ( usdjpy ) is borrowing negative yield yen and invest in high yield instruments around the world : ai stocks, sp500, ust, gold, bitcoin, real estate, ..........when jpy get stronger and usd get weaker, carry trade unwind will be messy !
we definitely need a few sets of keys when creating an nostr account for the first time
7% full employment deficit, we are in an era where fiscal deficits are structurally larger than the rate of bank lending and are set to grow in perpetuity, and so fiscal details tend to matter more than monetary ones.
Since the GFC, the US has substantially had Federal government-driven credit growth, yet many investors still operate from a first-principles basis of “the US is fundamentally capitalist.”
Wisdom is seeing things for what they are, not for what they are called.
The higher cost of owning an electric versus a gas-powered vehicle is a sticking point for many would-be buyers of EVs. Now, the price of a key EV component is falling, raising hopes that automakers could close the gap as they grapple with waning demand.
ford lose $40000 on every ev truck they sold = terrible business
vinfast delay usa factory
exploding ev battery
=> overall ev is a scam ???
renting is better than owning a home:
1. lower insurance or none
2. lower utility cost
3. no liabilities on damage, no maintenance / repair
4. freedom to move
5. no downpayment
6. no property tax
7. depreciating home price ?
leading causes of cancer:
1. tobacco use
2. obesity
3. genetic factors
4. environmental exposures
5. lifestyle factors
6. infectious agents
The two biggest source of broad money creation are 1) bank lending and 2) fiscal deficits, both of which cause inflation !