I would not want to invest in China at all at this moment. Biden targeted Tesla but he can only do such much. But if Xi randomly chooses to go after a company there it's basically gone. Look what happened to Jack Ma
We can't get these clowns in the Biden/Harris administ. out of office soon enough.
I have lived in Texas almost my whole life and have never heard of Boca Chica, Musk's primary residence, before now.
Boca Chica is the spit of land just below South Padre Island and the ship channel to Brownsville. If you lived in The Valley you would know that. A place and a time where economic growth is not manufactured largely by accountants, stock buybacks, and government largesse. In the case of Musk, he has had to fight the Government, while fav Boeing strands Astronauts.
I have lived in Texas almost my whole life and have never heard of Boca Chica, Musk's primary residence, before now.
Boca Chica is the spit of land just below South Padre Island and the ship channel to Brownsville. If you lived in The Valley you would know that. A place and a time where economic growth is not manufactured largely by accountants, stock buybacks, and government largesse. In the case of Musk, he has had to fight the Government, while fav Boeing strands Astronauts.
He is living in a $50,000 house down there spending all his time on Tesla and SpaceX. If I was worth $400 million I sure ain't living down there in Boca Chica and working my arse off. I would be enjoying life but those are his passions. Have to respect that.
Todd Harbour would know Boca Chica. A rancher on the drive to South Padre had giraffes and other African wild animals. Quite a few alligators in the costal swamps.
FT headline says it all; IMF 1 - El Bitcoin 0 RIP Chivo, we hardly knew ye
Meanwhile, Bitcoin-related risks are being mitigated. Acceptance of Bitcoin by the private sector will be voluntary and public sector’s participation in Bitcoin-related activities will be confined.
Digital assets. The potential risks of the Bitcoin project will be diminished significantly in line with Fund policies. Legal reforms will make acceptance of Bitcoin by the private sector voluntary. For the public sector, engagement in Bitcoin-related economic activities and transactions in and purchases of Bitcoin will be confined. Taxes will only be paid in U.S. dollars and the government’s participation in the crypto e-wallet (Chivo) will be gradually unwound. Transparency, regulation, and supervision of digital assets will be enhanced to safeguard financial stability, consumer and investor protection, and financial integrity.
IMF staff and the El Salvadoran authorities have reached a staff-level agreement on a new arrangement under the IMF’s Extended Fund Facility (EFF) for about US.4 billion to support the government’s reform agenda. The agreemen...
Port Isabel is nice. Rough around the edges shrimpers though.
Harbour of the Post Isabel Tarpons. Ran 3:50 at Baylor many, many years ago. It shows him running the state record in '77 at 1:51 but Houston Memorial had 2 guys who ran 1:49 back in the '60s.
not so long ago I drove from S Padre Island to El Paso, following the border as closely as possible, with an extended stop in Big Bend National Park. Great drive. Esp the food and landscape.
Didn't get to see a launch but I was hopeful. I timed the trip for a launch but it was delayed so I didn't get to see it.
This post was edited 4 minutes after it was posted.
When, in your estimation, was there NOT "phony economic growth?"
I'm going to guess whatever year Igy was 35-50 years old. Or whenever he had his favorite job.
For most people, that's the time that makes the most sense to them. After that, the world seems chaotic and disordered and fallen from its earlier state of grace.
So, by your standard, I understand your current state, chaotic and disordered.
not so long ago I drove from S Padre Island to El Paso, following the border as closely as possible, with an extended stop in Big Bend National Park. Great drive. Esp the food and landscape.
Didn't get to see a launch but I was hopeful. I timed the trip for a launch but it was delayed so I didn't get to see it.
On one of our Holiday drive back from California we took the same route back to McAllen. Lots of lonely highways.
hold on to your hats, gents. The chaos is just getting started.
I honestly thought that some of yesterday's big sell-off was related to this, and the latest developments of Trump/Musk hitting social media telling Republican's not to sign the budget deal.
FT headline says it all; IMF 1 - El Bitcoin 0 RIP Chivo, we hardly knew ye
Meanwhile, Bitcoin-related risks are being mitigated. Acceptance of Bitcoin by the private sector will be voluntary and public sector’s participation in Bitcoin-related activities will be confined.
Digital assets. The potential risks of the Bitcoin project will be diminished significantly in line with Fund policies. Legal reforms will make acceptance of Bitcoin by the private sector voluntary. For the public sector, engagement in Bitcoin-related economic activities and transactions in and purchases of Bitcoin will be confined. Taxes will only be paid in U.S. dollars and the government’s participation in the crypto e-wallet (Chivo) will be gradually unwound. Transparency, regulation, and supervision of digital assets will be enhanced to safeguard financial stability, consumer and investor protection, and financial integrity.
Very interesting, though I have to admit that I am a little fuzzy on the connection between El Savador's government and the bitcoin aspects of the funding, and in particular, their current involvement in Bitcoin and how exactly the IMF stated goals would be realized.
Fwiw, I can't open the FT article since it's behind a paywall. A while back, I started a free membership subscription but it didn't work somehow, and keeps asking me to pay in order to read.
This post was edited 2 minutes after it was posted.
Reason provided:
add FT subscription aspects
I'm going to guess whatever year Igy was 35-50 years old. Or whenever he had his favorite job.
For most people, that's the time that makes the most sense to them. After that, the world seems chaotic and disordered and fallen from its earlier state of grace.
So, by your standard, I understand your current state, chaotic and disordered.
Steal a little and they throw you in jail, steal a lot and they make you king...
Or, be a senile corrupt tool, and become President. Oh, but that is a different yet verifiable story.
Bobby D brings a little more lyricism to the thread but yeah:
They say that patriotism is the last refuge To which a scoundrel clings Steal a little and they throw you in jail Steal a lot and they make you king There’s only one step down from here, baby It’s called the land of permanent bliss What’s a sweetheart like you doing in a dump like this?
Or, be a senile corrupt tool, and become President. Oh, but that is a different yet verifiable story.
Bobby D brings a little more lyricism to the thread but yeah:
They say that patriotism is the last refuge To which a scoundrel clings Steal a little and they throw you in jail Steal a lot and they make you king There’s only one step down from here, baby It’s called the land of permanent bliss What’s a sweetheart like you doing in a dump like this?
Unfortunately, our politicians take that poem to heart.
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