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Those who criticize this project for being run unlike a Silicon Valley startup should understand that if it was such a startup we would have long ago declared bankruptcy, leaving customers with nothing.
But I’m not going to do that to my children, just as I don’t allow them to read your comments.
And, of course, it’s a presidential election season.
Even for one allergic to conspiracy theories, it’s not farfetched to imagine a coordinated effort by central banks — under government direction — to generate Money-Out-Of-Thin-Air (QE) for the purpose of allowing “liquidity” flows to end up in US equity and bond markets in order to paint a false picture of “recovery” so as to insure the election of Hillary Clinton. Because she represents the continuity of all the current rackets being used to prop up belief in the foundering business model of western civilization.
Nothing about those earlier updates has changed or is The major change that has been, to this point, unannounced, is that we ran out of money.
Yes, we raised ,000 on Kick Starter which netted us ,000 and has many people pissed-off, but we’ve spent just under ,000 in all, which is as much as my poor old retirement account could stand purely for the vocational education of my children. If it seems like too much money then you haven’t started a company lately in California.
No one in his right mind buys bonds with negative yields — that promise to pay back less over time — so governments have to pretend to buy them.
The equity markets are one algo accident away from cratering. And Hillary may win the booby prize of presiding over the smoldering wreckage of it all. Kunstler skewers everything from kitsch to greed, prejudice, bloodshed, and brainwashing in this wily, funny, rip-roaring, and profoundly provocative page- turner, leaving no doubt that the prescriptive yet devilishly satiric A World Made by Hand series will continue My local indie booksellers… He has published three novellas with Water Street Press: Manhattan Gothic, A Christmas Orphan, and The Flight of Mehetabel.
It’s that time of the year for the hedge fund boys, with their testosterone flowing, to start burning down their house rentals in the Hamptons.
And it’s also the time of year for an ever more stressed financial system to go down in flames.
That would have to be construed by anyone acquainted with basic econ stats as perfectly dismal.
And yet the Bureau of Labor Statistics put out a sparkly Nonfarm Payroll Report of 255,000 for July, way above the forecast 180,000.