.

Podcast #30, FULL VERSION:

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intended for educational purposes only and does not constitute investment

advice or an offer to buy or sell any security or insurance product. All

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not constitute investment, legal or tax

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endorsement of any third party or such third party's views.  All examples

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Let’s Go Brandon (Blocker).  I wonder

what percentage of neo-liberals listening to this show have no idea what “Let’s

go Brandon” means Dbach?

$100 invested in Bitcoin in 2009 would be

worth $62 myn today.  The market cap of Bitcoin is $1 tyn.  Several

years ago, on this show David, I dismissed crypto currencies because I didn’t

understand them, and because I was (and am not now) allowed to buy them for my

clients.  Clearly, I was wrong about crypto’s.  BUT this is NOT a

solicitation to buy or sell Bitcoin or any other crypto currency.

A guy named Preston Cooper analyzed 30,000

different bachelor’s degree programs for return on investment.

He found that 28% of those degrees have a

net negative return.

He also found that programs in engineering,

computer science, economics and nursing all yield a high return on investment,

increasing their students’ net lifetime earnings by $500,000.

But, a majority of degrees in art, music,

philosophy and psychology leave their AVERAGE students worse off financially.

One of the nation’s highest-return programs

is the computer-science major at Harvard University. This degree has an

expected value of more than $3 million. But attending the nation’s most elite

school is no guarantee of financial security. Harvard’s ethnic and gender

studies program leaves its students worse off by around $47,000 on average,

according to my estimates.

My school, SUNY Maritime College, offers

the highest mid-career earnings which is to say that 10 yrs after graduation,

the avg graduate earns some $175,000/yr.  But…it’s a military school, so

it is not for everyone.

explain to me what the party that created

Social Security, Medicare, Medicaid and Obamacare are going to do to rescue

those programs which will be insolvent:

SS:  dies in 2033

Medicare: becomes inoperable in 2026

Medicaid; 2026-2030 

JELLYSTONE:

A guy named Jacob Borden wrote an excellent

piece in the journal a couple of weeks ago about the Jellystone Caldera.

The Yellowstone caldera has exploded 3x

previously.  The last such eruption was 631,000 years ago; the one before

that was 669,000 years prior. It’s not a matter of if it’ll erupt but

when.  NASA’s JPL found in a 2017 study that the devastation of such an

eruption would exceed that of an asteroid 1½ miles wide crashing to Earth. 

That is ¼ the size of the asteroid that rendered the dinosaurs extinct.

In 2014 the U.S. Geological Survey modeled

the likely ash distribution from a Yellowstone super-eruption. They...