Do you understand why Trump has lifted the oil sanctions that were punishing Iran, the country he’s bombing, and Russia, the country that’s helping it?
Do you understand why Trump is sending 5,000 Marines to sail through the Strait of Hormuz while complaining that none of our friends and allies will help him reopen it?
Here's the whole explanation.
When you get an understanding of just how consolidated ownership of stocks are starts with the top 10% income brackets owning 94% of all stocks I think I hope I haven’t gone senile in a week.
But the top .1% has something like 23% ownership. Whales of that size can tip prices easily by buying or selling a tiny fraction of their total holdings between each other.
It’s hard not to see this is a game between peers to manipulate their net worth
James Gleick
Wouter De Borger
GhostOnTheHalfShell