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See my latest on Forbes - "America's Wealth Inequality Is At Roaring Twenties Levels": https://www.forbes.com/sites/jessecolombo/2019/02/28/americas-wealth-inequality-is-at-roaring-twenties-levels/ …pic.twitter.com/VYX2umjhKY
Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo - Jesse Colombo Retweeted
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@zerohedge. I went and checked. It is true. Facebook is a bunch of Orwellian-Nazi types. I would get off that platform ASAP. Zuckerberg: You can rot in hell. They are saving a place for you.https://www.zerohedge.com/news/2019-03-11/facebook-bans-zero-hedge …Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo - Jesse Colombo Retweeted
100% true. If conservatives want to stop this socialist nonsense - they need to focus on the root cause not people like AOC. Conservatives should educate themselves on what the Federal Reserve is doing and destroying.
Thanks. Twitter will use this to make your timeline better. UndoUndo - Jesse Colombo Retweeted
Ray Dalio is wrong and you are wrong. You do not understand inequality. It's a byproduct of the Fed's actions. It's NOT caused by capitalism. Please, read my report below. If you do not listen to other voices, then you are disingenuous: https://www.forbes.com/sites/jessecolombo/2019/02/28/americas-wealth-inequality-is-at-roaring-twenties-levels/ …pic.twitter.com/k5XjlqvXR7
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Here's why nothing seems to stop the pump of the stock market. Because it's a completely FAKE "market" with made up, artificial prices, as I explained in Friday's rant:https://twitter.com/TheBubbleBubble/status/1104127788347461639 …
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Does it matters? Nothing seems to stop the pump
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Turkey Enters First Recession in a Decade as Elections Loom: https://www.bloomberg.com/news/articles/2019-03-10/debt-catches-up-with-turkey-as-recession-ends-boom-and-bust-run … by
@cagankocpic.twitter.com/2TLgfuxkOhThanks. Twitter will use this to make your timeline better. UndoUndo - Jesse Colombo Retweeted
Turkey’s Recession And Credit Bust Just Started: https://realinvestmentadvice.com/turkeys-recession-and-credit-bust-just-started/ … by
@TheBubbleBubble$EEM$TURpic.twitter.com/vZwkJvNSsSThanks. Twitter will use this to make your timeline better. UndoUndo - Jesse Colombo Retweeted
Turkey Enters First Recession Since The Financial Crisishttps://www.zerohedge.com/news/2019-03-11/turkey-enters-first-recession-financial-crisis …
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As the EU's fifth largest trading partner, this is another blow to the EU economy. Global slowdown is getting closer.
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See my 2014 and 2018 warnings about Turkey's bubble economy in Forbes (my goal is to warn about bubbles as early as possible, like an early-alert system): https://www.forbes.com/sites/jessecolombo/2014/03/05/why-the-worst-is-still-ahead-for-turkeys-bubble-economy/ … https://www.forbes.com/sites/jessecolombo/2018/08/17/why-the-popping-of-turkeys-credit-bubble-is-still-ahead/ …pic.twitter.com/tF0M3XfOTs
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Since August, Turkey has been experiencing a credit bust (which I expect to get far worse): https://realinvestmentadvice.com/turkeys-recession-and-credit-bust-just-started/ …
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Turkey's credit bubble inflated due to record low interest rates. The 2018 rate hikes have burst this credit bubble (as I warned), which is why the country is in a recession now: https://realinvestmentadvice.com/turkeys-recession-and-credit-bust-just-started/ …pic.twitter.com/ryUPxZwKzA
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To summarize my warnings, a credit bubble formed in Turkey starting in the early-2000s, which led to an artificial economic boom. Private sector credit grew from roughly 15% of GDP in 2003 to 70% of GDP in 2016: https://realinvestmentadvice.com/turkeys-recession-and-credit-bust-just-started/ …pic.twitter.com/E6VPBtrWP4
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Turkey’s nascent recession and credit bust are symptoms of the bursting of an economic bubble that I’ve been warning about for the past several years.https://twitter.com/TheBubbleBubble/status/1105206667073843200 …
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For the first time since the Global Financial Crisis, Turkey has officially entered a recession after GDP fell 2.4% in the fourth quarter of 2018 and 1.6% in the third quarter: https://realinvestmentadvice.com/turkeys-recession-and-credit-bust-just-started/ …pic.twitter.com/57tywhvC2G
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See my latest - "Turkey’s Recession And Credit Bust Just Started": https://realinvestmentadvice.com/turkeys-recession-and-credit-bust-just-started/ …
$TUR$EEMpic.twitter.com/pSKJR2YNI4Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo - Jesse Colombo Retweeted
It's not even true. If it was true, then obesity wouldn't be one of the largest problems the Western World has to deal with. Never in human history have people had so much. The only thing we seem to be lacking is the common sense to recognize it.
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If you want to be a hero, create a problem, then solve it. It always works.
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The "Democratic socialists" are not going to stop at socialism. If they get their way, socialism will morph into full-blown communism. But they won't call it communism - it'll have some sort of new, feel-good, techno-utopian name like a "sharing economy" or "shareonomics."
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According to Marxist theory, socialism is "a transitional social state between the overthrow of capitalism and the realization of Communism." Source: https://en.oxforddictionaries.com/definition/socialism … Vladimir Lenin himself even said "The goal of socialism is communism."pic.twitter.com/rFjeqUMGsv
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