Replying to @WallStreetMav
The oil shortages and high inflation of the 1970s were not fixed by higher interest rates.
It was fixed by the Alaska pipeline coming into service, Gulf of Mexico offshore oil scaling up and North Sea oil scaling up.
Wall Street Mav
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Wall Street Mav
@WallStreetMav
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- I have zero empathy for refugees or illegal aliens who "just want a better life". I don't care ... at all. They all need to go back.
- Raising interest rates historically has no impact on an oil, diesel or jet fuel shortage. But they are going to try anyway.
- Wall Street Mav repostedI can think of a few people who won’t like this.
00:15Introducing @PoeticHQ: a new AI system that executes complex multi-hour tasks with 99%+ accuracy and 10x fewer tokens than agents. We raised $50M at $500M from Kleiner Perkins, Founders Fund, First Harmonic, and Genius Ventures to build AI that does complex work inside Fortune - Banning X in Britain won't stop the beheadings. It will only stop you from knowing about the beheadings. And that is the reason the radical leftist govt of Keir Starmer wants to ban X in Britain.
- Anyone who thinks the gold rally is over isn’t paying attention to the US govt spending numbers. In 2026 the US govt is spending 43% of all personal and corporate income taxes collected on interest payments for the $40 trillion national debt. Gold is going MUCH higher.
- Without USAID funding radical leftwing NGOs, we are seeing more and more countries reject socialism. Chile, Costa Rica, Honduras, and Bolivia. But that doesn't mean the radical left has given up. When they lose, they resort to violence. In Bolvia the supporters of socialistEver since Trump and Rubio defunded USAID, leftwing parties have been losing across Central and South America. Bolivia continued that trend in October 2025. Rodrigo Paz won the Presidential election in Bolivia at the end of 2025, ousting the radical left socialist govt of Evo
00:00 - Mass deportations was the moderate option. Now we might have to go with other solutions.
00:00 - Keir Starmer and his leftist co-conspirators are the extremists. This is not what a leader of a country does when the British citizens are being raped and killed by the 3rd world migrants.
- The Irish warpipes are warming up. 🇮🇪
- For May of 2026, the US govt collected $163 billion in personal and corporate income taxes. The govt spent $132 billion in interest on the debt. 81% of all income taxes went to interest on the $39 trillion in debt. For the full year: $1.3 trillion interest $3 trillion in
