What area are you in? When I was in China (first time) this summer (Kunming, Beijing, Chongqing) I was surprised that the air wasn't as polluted as I'd have expected (from videos like these) - altough Shanghai was a bit polluted when I flew over it!
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Martin retweeted
this is just sparkling consumer demand focused stimmy, you pleb
(shrub gets it 🌳🧧, of course he’s the only one not sleeping on this)
(shrub gets it 🌳🧧, of course he’s the only one not sleeping on this)
China launched a little stimmy and none cares:
child care benefit doubles to $274 / month and deductions for taking care of the elderly.
I know it's not really Fiscal unless it comes from the region of Fiscalle in France, but it sure reminds me of one!
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Insurance Australia Group just disclosed in its AR a 7bn AUD legal exposure on Greensill. Earlier they said they had ... none.
The market cap is 14bn AUD, so that's a 50% market cap claim. I hope they have good lawyers because this entire case is a maze
ft.com/content/52fdd0…
The market cap is 14bn AUD, so that's a 50% market cap claim. I hope they have good lawyers because this entire case is a maze
ft.com/content/52fdd0…
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Am totally ded 🤣🤣🤣 Good on Tim for calling Krugs’ continuous litany of bullshit
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Mark my words, when recession hits late 23 early 24 and student loan payments start to bite while economy shows more interest rates sensitivity, first thing both Dems and Reps will want to do is start putting more money into consumers ‘pockets. Child Tax credit will come with a qui pro quo of business tax credits to keep Reps happy. This is when they will signal to you that there is no way out of this.
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Martin retweeted
I shared a major thread on Kitty, one that’s been keeping me busy crunching numbers for a while now. Below is opening and closing remarks. The rest will remain exclusive to Kitty community.
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Martin retweeted
this
$COST CFO: "Historically,...we've always seen, when there's a recession, whether it was '99 or '00 or '09 -- '08, '09, '10, we would see -- some sales penetration shift from beef to poultry and pork. We have seen some of that now"
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