GDP per capita (purchasing power parity)
1980
🇰🇷 South Korea: $2,000
🇻🇪 Venezuela: $8,000
2023
🇰🇷 South Korea: $56,000
🇻🇪 Venezuela: $8,000

Warren Buffett's company reported less than half as much profit in the second quarter as it took a $3.76 billion writedown on the value of its stake in Kraft Heinz.

Note that 5 of the 6 cities with the largest price declines are in Florida; 12 of the top 30 cities, too.
via Bill McBride on Calculated Risk

People who don't have a sense of crisis that the yen is becoming trash are misjudging because they are looking at it in terms of other trash coins like the Dollar.

President Trump ordered that the commissioner of the U.S. Bureau of Labor Statistics, Erika L. McEntarfer, be fired after data showed employment growth was weaker than expected last month.

Historically when monetary changes occur (or near occurrence) a world war has broken out... Bitcoin is that now

Preserving capital is also a trade
Many don't understand this

I have experienced 312, 519, 84, 1220, Brexit, the Luna crash, the Three Arrows Capital crash, the collapse of a major exchange, the withdrawal of various exchanges, the withdrawal of Mining Rigs, the issuance of documents by ten ministries, the prohibition issued by twelve ministries, the circuit breaker in the US stock market, the war in Ukraine, airstrikes in the Middle East, Grayscale dumping, the US government dumping, the German government dumping, strikes, Whale dumping, the Fed's continuous interest rate hikes, the circuit breaker in the Japanese stock market, and the circuit breaker i

A Federal Reserve governor, Adriana D. Kugler, has announced she will resign from the Fed effective Aug. 8, several months ahead of the end of her term in January.

*FED WILLIAMS: LABOR MARKET STILL SOLID IN MY VIEW, WILL GO INTO SEPTEMBER MEETING WITH AN "OPEN MIND"
*FED WILLIAMS: SEES TAILWINDS & ECONOMIC GROWTH DEVELOPING IN 2026

So the pitch to carmakers right now is "build in the US and you'll pay a 50% tariff on your steel and a 25% tariff on your…"

Trump fires lead official on economic data as tariffs cause market drop

The economy is being held back by risk-averse regulations, Band-Aid solutions and inconsistent rules, the Productivity Commission has found.