Follow the Loser
The Biden Administration proposed a ‘windfall profits tax’. The idea is that if something happens that allows businesses to make exceptional profits, the extra money should be taken away from them.

The Biden Administration proposed a ‘windfall profits tax’. The idea is that if something happens that allows businesses to make exceptional profits, the extra money should be taken away from them.
By Bill Bonner,

A decade of good times has made us (as in society) complacent…we’ve forgotten that good times DO NOT last forever.
By Vern Gowdie,

In today’s Money Morning…hindsight, regret, and inevitability…venture capitalists and unicorn hunting…assessing an idea’s worth like a venture capitalist…imagining the future…and more…

Dear Reader, As each week passes, you can sense that the demise of the fiat currency system is upon us. The central bankers have lost their narrative about controlling inflation. Monetary policy, price controls, and regulations have failed. I believe you’re now witnessing this financial system meet its demise in the hands of its archenemy, […]
By Brian Chu,

In today’s Money Morning…it was certainly an eye-opening event for tech stocks…the Apple of automakers…if it’s good for Tesla, it’s good for commodities…and more… Yesterday we took a brief look at the massacre of Netflix shares. The streaming company suffered its worst trading day since 2004! US$54 billion worth of investors’ money was wiped out […]

Zip Co [ASX:ZIP ] hit a new 52-week low on Thursday as the BNPL stock released its March quarter results.
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