We consider derivatives financial products of mass destruction.Derivatives at their core are defined as cloaked assets sold as products with the eventual buyer never really knowing the true value of the assets until the mandated by terms exchange. With that in mind, this post introduces some truly scary global banking scenarios..

by Michael E Dehn | Jun 12, 2024 | Banking and Finance, Breaking News, consumer spending and sentiment

French Fears Ignite Selloff in U.S. Megabanks and Foreign...

Great thread on “TEAMS”

by Michael E Dehn | Jun 12, 2024 | Banking and Finance, Breaking News, consumer spending and sentiment, Technology

Elon Musk fired 80% of Twitter (6500 people) and everyone thought that Twitter was doomed. He was right. Everyone was wrong. It’s the management masterclass of the decade and every entrepreneur must understand why it worked 🧵: pic.twitter.com/gu5ZWVQjFz — Divine...

Privacy nightmare

by Michael E Dehn | Jun 12, 2024 | AI artificial intelligence, Banking and Finance, Breaking News, consumer spending and sentiment, Latest News, Media, Technology

Apple is promising personalized #AI in a #PrivateCloud. Here’s how that will work. https://t.co/1tqbCBAFoH #fintech #GenAI @odonnell_jm @techreview — Spiros Margaris (@SpirosMargaris) June 12,...

Interesting stat

by Michael E Dehn | Jun 11, 2024 | Banking and Finance, Breaking News

Cell phone activity in almost EVERY major downtown area in the US is currently well below 2019 levels. In San Francisco, cell phone activity is currently at just 57% of pre-pandemic levels. In Minneapolis, cell phone activity is down 56% since the pandemic. Even in...

Bidenomics in Illinois and elsewhere as reflected in the retail world

by Michael E Dehn | Jun 11, 2024 | 2024 election realities, Banking and Finance, Biden the miscreant, consumer spending and sentiment

https://patch.com/illinois/downersgrove/s/ix3xe/store-closures-surge-in-il-see-list-of-retailers-shutting-doors?utm_source=local-update&utm_medium=email&utm_campaign=alert

WTF is this?

by Michael E Dehn | Jun 10, 2024 | 2024 election realities, Banking and Finance, Biden the miscreant, Breaking News, consumer spending and sentiment, General interest, General politics, Humanoid endeavors, Latest News, Media

WOW 🚨 American Farmer Blowing The Whistle On US Government JUNE 2024, Idaho Farmer’s Water Is Being Shut Off. “A water shutoff order on literally a half million acres of farmland. — A lot of these farmers, and this impacts about 6,400 water users.” “Property like this...