Traffic Circle

Just wait ‘til the AI data center takes all the energy from the State of Louisiana. Excuses will flow like the Mississippi but you’ll still be in the dark.

Buncha weirdos even writing about this.

Seems like Landry could have worked out free cloud storage for residents or something.

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Those timepieces will go for millions.

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Tree-Fiddy

I was yesterday years old when I got tired of the today years old saying.

Do they keep stats on this or is that racist?

ETF gains today are driven less by underlying business performance and more by automatic inflows. When money pours in, prices rise—regardless of fundamentals. That works on the way up, but it’s not real price discovery.

The risk is structural: if those same flows reverse, selling becomes just as indiscriminate. Prices fall not because companies failed, but because the mechanism flipped. Liquidity vanishes when it’s needed most.

Layer on top currency debasement and rule changes, and the “returns” investors see may be largely illusory. You can be flat—or even up—nominally, while losing significant purchasing power.

The appeal of ETFs is simplicity and ease. That’s also the trap. Easy in means easy out—for everyone at once.

History shows that a 40% drawdown can take decades to recover in real terms. Most investors don’t recognize the loss because they’re focused on nominal prices, not what their money actually buys.

ETFs aren’t inherently safe—they’re momentum vehicles built on continuous inflows. If you rely on them, you’re betting the tide never turns.

And, Money Board

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how they plan to paint everything white.

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It’s almost as if they are sending a message?

You even wanting your money back is an ‘entitlement’ - according to the current perspective in DC.

Keep paying, it’s just a tax now, it seems.

Pretty soon all American cars will be made in Japan and we’ll have come full-circle. Well, half-circle.

Boy, if only they’d do that in real war we’d win for sure.