Dimon, the Banker, Says US$55k Bitcoin Is Worthless
Suppose Dimon’s onto something and intends to profit from worthless financial products for the non-penthouse plebs that believe in crypto.

Suppose Dimon’s onto something and intends to profit from worthless financial products for the non-penthouse plebs that believe in crypto.

‘Focus on renewables, electric vehicles, carbon capture and storage, hydrogen, and biofuels are the key technologies that will draw on our unique resources, capabilities, and connectivity to Asia.’

Investors need to be keenly aware that the world may well have changed after the pandemic, as it had after the First and Second World Wars. But that the end of a gigantic misallocation of capital is not a boom, but a bust.
By Nick Hubble,

The US Congress has decided to pass a stopgap measure to raise the ‘debt ceiling’ of the US government
By Brian Chu,

Developers are crunching lot sizes in Melbourne and Geelong housing estates to ensure new homes in the outer suburbs ‘remain affordable’ for first home buyers.

In today’s Money Morning…demand isn’t the issue…RBA’s never-ending party…and hey, if property is more your thing, then there is always REITs…and more…
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