I have been calling this out for decades. Private equity rolls in, buys up businesses built by real people, extracts every dollar it can, and moves on. The business owners, the workers, and the communities left behind never see it coming.
The most profitable client on Wall Street is not the richest one. It is the most certain one. The investor who is absolutely convinced a position only goes up is the easiest person in the world to sell more product to.
The cable news crowd has been screaming about China invading Taiwan for years, and every day it keeps not happening. Meanwhile, China’s real crisis, a collapsing domestic economy, is getting almost zero coverage. Funny how that works.
The real estate industry has spent decades convincing you that buying a home is always a smart investment. It’s one of the most successful lobbying and marketing operations in American history, and you are the product.
I have been in Italy for two weeks and I can tell you firsthand, the story coming out of the Trump camp about Georgia Meloni begging for a photo op is political spin of the highest order. Let me give you the real numbers.
Washington is begging you to be scared of China while they rob you blind with deficit spending that would make a Vegas loan shark blush. I am not buying the boogeyman, and neither should you.
A study identified something the financial industry has been quietly doing for decades, and it proves what I have been saying for years. If you are not already wealthy enough to impress a big firm’s account minimums, they have already written you off.
If you have less than a million dollars saved, the biggest wealth management firms in America have officially decided you are not worth a single human hour of attention. And they are not even hiding it anymore.
The higher education industry has been running one of the longest-lasting financial cons in American history, and parents keep lining up to hand their kids the bill. I’m done being polite about it.
The President is preparing a “One Rule” executive order for artificial intelligence—one national set of regulations instead of a patchwork of state laws. His argument is that America is in a superpower race with China, and requiring companies to navigate 50 different approval systems would crush innovation before it even gets off the ground. On […]