Okay. What is a bubble. A bubble occurs when there's an enormous amount of increase in wealth relative to money.It's it's important to understand the difference between wealth and money. Wealth is easy to create. Like now um and in other times, what you do is that let's say you raise uh $50 million for a billion dollar company.then you're a billionaire and the um company's worth a billion dollars, but nobody's really paid anything like that. And so wealth is something that uh rises, but you haven't material ...

In California, taxing billionaires is an increasingly popular proposal for shoring up the budget. California voters could see multiple wealth tax efforts in 2026. https://t.co/aTjYxWPiRR ...

Welcome back. New legislation in Congress aims to raise hundreds of billions of tax dollars from the wealthiest Americans. The Robin Hood Act would impose 20% tax a 20% tax on loans and lines of credit backed by their capital assets like stock shares and real estate.Joining us first on CNBC is the bill sponsor, US Representative Dan Goldman, [music] Democrat from New York. Congressman, welcome to Post 9. >> Thank you.Great to be here. So tell us a little bit about why why you decided, you know, there are lo ...

Key Points Bitcoin stores a lot of wealth. Governments may soon want to spend some of that wealth. Zcash could potentially help investors avoid seeing their wealth eroded or taken away. 10 stocks we like better than Bitcoin › If you were designing a vault for your life savings, you would probably want features like walls nobody can break and doors that nobody can see through. Bitcoin (CRYPTO: BTC) delivers on aspects of the first part, but for the second part, Zcash (CRYPTO: ZEC) can do the trick ...

Uh you can see it's getting worse uh for Airbus sharers. Reuters is reporting that the aerospace giant has discovered an industrial quality issue regarding uh dozens of A320 planes. The flaw is said to affect the aircraft's fuselage panels and is delaying some deliveries.The report says there are no immediate indications uh it has reached aircraft in service. That's is that a separate issue from what we were we were just talking about with the abrupt loss of altitude because of solar radiation. This doesn't ...

Core Insights - Ray Dalio, founder of Bridgewater Associates, asserts that markets are currently in a bubble, primarily driven by speculative investments in AI companies like Nvidia Corp [1][2] - Dalio's bubble indicator suggests that markets are "about 80% into a bubble," comparable to levels seen during the 1929 crash and the 2000 dot-com bubble [2] Market Dynamics - Bubbles do not burst due to poor long-term company prospects but rather due to sudden systemic cash needs [3] - Investors may need to sell assets to obtain cash for expenses or obligations, leading to a liquidity crisis [3] Potential Catalysts - Traditional triggers for bubble bursts include monetary policy tightening, but wealth taxes could also serve as a catalyst by forcing asset sales among concentrated holders [4] - Such taxes could create liquidity crises that deflate valuations irrespective of the underlying fundamentals [4] Investor Behavior - Dalio differentiates between "strong hands" and "weak hands," which could influence survival during market corrections [5][6] - "Weak hands" refer to retail investors or leveraged individuals who invest heavily in concentrated positions during bullish trends, increasing the risk of forced selling [6] Wealth Concentration - The current bubble is characterized by extreme wealth concentration among a small percentage of the economy and American population, often held in leveraged positions [7] - This concentration heightens market vulnerability to catalysts that could trigger simultaneous selling [7]

The UK already has a very progressive income tax system, which is squeezing the top earners increasingly aggressively. If more tax can't be raised from that direction, how about increasing wealth taxes? It's harder than it looks. https://t.co/1cHSpWlKXH ...

With UK public finances under pressure, Chancellor Rachel Reeves is set to favour tax rises over spending cuts, a move that could have lasting effects on investment, growth, and talent in the tech industry. The most discussed rumour is the introduction of a wealth tax. Although popular among some MPs, there is no consolidated Labour plan for its implementation. From an economic perspective, this could be counterproductive. It risks discouraging saving and capital accumulation, both crucial for tech founde ...

It may get a lot more expensive to be a billionaire in California.A ballot initiative would take aim at the Golden State’s richest residents with a one-time, 5% tax on net worth over $1 billion. But it faces opposition from Gov. Gavin Newsom. https://t.co/0ycIOXBDBL ...

Politics & Policy - Discussion on why the Democrats lost tech support [1] - Examination of federal wealth tax, wealth disparity, billionaires, and the government's role in the free market [1] - Analysis of government efficiency, including Democratic perspectives on debt and plans to control spending [1] - Debate on the costly role of democratic identity politics and navigating a primary with moderate views [1] - Critique of Trump's border policies and Biden's handling of immigration [1] - Observations on working within the Biden Administration, including gatekeepers and concerns about cognitive decline [1] Technology & Innovation - Thoughts on potentially moving NASA under the Department of Transportation [1] - Exploration of AI, self-driving technology, automation, and the potential for job loss [1] Future Outlook - Speculation about a potential 2028 presidential run [1]