I-can’t-help-my-feelings-I’ll-go-out-of-my-mind
Just when you think you’re in control
Just when you think you’ve got a hold
Just when you get on a roll…
Bake 'em away toys! Amazing what misunderstanding ’ vs " can do.
I mean, history does show this too.
IMO, there have been some pretty robust (comparatively) wage gains in America since 2020, relatively few layoffs until recently, a lot of savings from a bunch of places (deferred travel, a break from commuting and childcare costs), some other benefits (mortgage deferrals, locking in low mortgage rates, initially paying down debt, inheritances from dead relatives), and some really strong equities performance. Added together there are a lot of folks with sufficient resources to handle high interest rates so far when otherwise they wouldn’t have.
Of course, this is also why consumer spending and inflation have also been so resilient in the face of higher interest rates.
The Canadian government just poured $40b into buying its own mortgage backed securities. Compre this to $150B in March 2020, and $68B from 2006-2009.
Sure looks like a liquidity crisis to me. Buckle up, buckaroo.
Try harder! More stuff in the oceans! Do your part!
I spent the last few years building up an immunity to iocane powder ocean water.
All work and no play…
back in the 70’s
So, plastics maybe phased out by 2078 then?
I was curious, so I did the (lazy) math.
1 USD is going for about 90 Rubles currently.
Assuming a Ruble is roughly the size of a USD…
A $1M USD stack made of 100 x $10,000, or 10 x 10 stacks measures 12" across x 13" front to back x approx. 5" tall. That is 780 cubic feet or a bit more than 22 cubic meters.
At $464 USD, assuming 90 Ruples per USD and that Rubles are roughly the same dimension as a USD (464 x 90 x 780 or 22) we get 32,572,800 cubic feet or 918,720 cubic meters.
Cargo ship size is usually measured in twenty-foot equivalent units (TEUs), based on the volume of a 20-foot-long (6.1 m) intermodal container. The internal volume of one of these containers is 1,172 cubic feet or 33.2 cubic meters.
Assuming a standard container size, it would take 28,710 TEUs to move the entire Trump bond via ship. The maximum TEU of the largest container ship listed on Wikipedia is 24,232, leaving Trump 4478 TEUs, 5,248,216 cubic feet or 143,296 cubic meters, and $72M short.
TL;DR: Even with the biggest boatload of Rubles, Trump would still come up short on the bond.
So many spiders have fallen prey to the cats kept by humans, the great oppressors of spiders. And yet, instead of rising up against this oppression, some spiders have internalized the image of the oppressor, adopted the guidelines of the oppressor, and now seek to build the spider-frog equivalent of a “Catio.”
Et moi, Bombardier?
The chemtrails! It was Boeing all along!