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Yesterday Senator Elizabeth Warren used a Wall Street oversight hearing to whine about cryptocurrency. At one point, almost as if a well-choreographed football play, she passed the ball to Jamie Dimon — CEO of JP Morgan Chase, the biggest bank in the world — to “explain why crypto is such
It’s my sincere hope that I’m able to live both the quantity and quality of life that Charlie Munger had. Even at age 99, he appeared vivacious and energetic– as one Wall Street Journal reporter remarked after interviewing him back in September. Their session went four straight hours with Munger
Galileo must have already known what was going to happen when, on February 24, 1616, a panel of eleven ‘experts’ commissioned by the Catholic church delivered its final report. The panel had been ordered to assess Galileo’s work– specifically his ‘controversial’ assertion that other planets revolved around the sun– and
In a world full of unimaginable absurdity, we spend a lot of time thinking about the future… and to where all of this insanity leads. “Future Headline Friday” is our satirical take of where the world is going if it remains on its current path. While our satire may be
When the international news agency AFP announced last week that libertarian outsider Javier Milei had won Argentina’s presidential election, the headline was absolutely hilarious. AFP claimed that the election of Milei– a self-described anarcho-capitalist, was “plunging the country into uncertainty in the midst of a crippling economic crisis.” Uncertainty? We’re
On March 20, 1602, after a few years of painstaking negotiations, a deal was struck amid the cobblestone streets and legendary waterways of Amsterdam that changed the world of finance forever. The Dutch Republic (as it was known back then) was already a major economic power in the early 1600s;
On Sunday March 10, 1793, in the village of Pin-en-Mauges in western France, a prominent local textile vendor named Jacques Cathelineau was peacefully enjoying his Sunday afternoon, when five men suddenly appeared to deliver urgent news. Cathelineau could probably read their faces and knew what happened before anyone said a
In a world full of unimaginable absurdity, we spend a lot of time thinking about the future… and to where all of this insanity leads. “Future Headline Friday” is our satirical take of where the world is going if it remains on its current path. While our satire may be
When journalist Don Hoefler first coined the term “Silicon Valley” in the early 1970s, the San Francisco Bay and Santa Clara valley region had already been home to thriving tech companies for decades. Then future titans like Apple and Adobe joined the scene, and the region really started to take
In a world full of unimaginable absurdity, we spend a lot of time thinking about the future… and to where all of this insanity leads. “Future Headline Friday” is our satirical take of where the world is going if it remains on its current path. While our satire may be
We’re going to talk about strip clubs and binge drinking today. Yet surprisingly this article is not about Hunter Biden. I’m actually talking about the FDIC… as in the organization that’s supposed to insure customer deposits in the US banking system. The FDIC isn’t typically an institution that’s associated with
On a routine day in the winter of 1993, workers at the Chehrabad salt mine in the Zanjan Province of Iran discovered a remarkably preserved corpse dating back to 300 AD. He apparently died in a salt mining accident in the early 300s. But the salt had kept the man’s
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