Bank of America Is Fucked
Stablecoins are a threat to world’s payment networks like Visa, Mastercard, and PayPal, but they are a far bigger threat to banks. If you can use and hold stablecoins safely, you simply won’t need a bank anymore.
Porter’s Journal
Israel Strikes Iran, Gauging The Fallout
With tension high in the Middle East after Israel attacked Iranian military sites, we turn the focus today to what happens to the economy and markets when there is violence in the region. The suggestion on how this should affect your investing… surprising.
A Profound Expression Of Computing Power
Nvidia is changing the world in ways that are very hard to believe. A combination of never-seen-before computing power and never-seen-before annual increases to performance has the impact of delivering decades worth of innovation.
Looking For Funding In All The Wrong Places
Distressed-bond veteran Marty Fridson shares that you can reduce the risk of winding up on the wrong side of a trade by stepping back from the financial minutiae and the technical charts. Start by making certain the company is in a reasonably stable competitive environment.
An Unstoppable Path To Wealth
There’s a big difference between the Middle East and the U.S. when it comes to energy. In America, the government doesn’t own all the oil and gas. It isn’t shared with all of the citizens, like it is in the Mideast. Mineral rights are controlled by private shareholders, shareholders who will become some of the wealthiest people in the world. We look at one example today.
The End Of America Approaches Crisis Stage
Porter writes that there’s no question that America is going to default. But there is something you can do about it: there’s a simple solution that Porter outlined for readers last fall and clarifies again today.