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X @Nick Szabo
Nick Szabo· 2025-10-22 08:29
Economic Crisis - Europe is facing a significant pensions and healthcare entitlements crisis [1] - The European Central Bank (ECB) may need to increase money supply (print new Euros) to address the crisis [1] - Unskilled immigration into welfare systems exacerbates the existing problems [1] Social Impact - Individuals should be cautious about relying on their pensions [1]
X @Nick Szabo
Nick Szabo· 2025-10-22 03:01
RT Shanaka Anslem Perera ⚡ (@shanaka86)The hidden punchline in your table … the CPI of life (house + healthcare + college) compounds faster than cash.Implied from your numbers (1990→2024):• Housing: ~2.6× price rise ⇒ ~2.8%/yr• Healthcare: ~4.0× ⇒ ~4.2%/yr• College: ~6.5× ⇒ ~5.7%/yr• Money-market: ~2.56× ⇒ 2.8%/yr• Gold: ~6.84× ⇒ 5.8%/yrSo a saver riding money-markets roughly kept up with generic CPI, but fell behind the “life basket” that actually matters (tuition, care, shelter). Gold, with a scarcity-dri ...
Trump wants to ‘break the record’ for longest government shutdown, says Democratic congressman
NBC News· 2025-10-21 22:25
Welcome back to Meet the Press. Now, as we mentioned earlier, election day, just two weeks from today, could be a critical inflection point in the ongoing shutdown fight as voters make their voices heard about the issues that matter most to them, including in Virginia, which is holding statewide elections. It's also, of course, really at the center of the shutdown.Nearly 150,000 civilian federal workers live in the Commonwealth. And joining me now is Virginia Democratic Congressman James Wakenshaw, who has ...
Health care crisis is ‘ticking time bomb’ for Americans: Sen. Van Hollen
MSNBC· 2025-10-21 18:41
And joining me now here to talk about where we go next, Maryland Democratic Senator Chris Van Holland, member of the budget committee. Good to see you, Senator. I mean, look, um, I know Democrats are trying to spare people the pain of higher health care costs.You've been articulate about it. You fought long and hard about it, but you alone also have, for example, nearly 700,000 people on food stamps just in your state. You just heard what Kevin had to say.um you know, SNAP benefits, missed paychecks. What d ...
Americans blame Republicans for shutdown, polling shows
MSNBC· 2025-10-21 16:29
We are now three weeks into the government shutdown. >> Still no end in sight. But what we are beginning to see are its real world effects. The FAA says staffing shortages from the shutdowns caused thousands of flight delays across the US over this past weekend. According to the website FlightAware, at least 8,000 flights were delayed from Friday to Monday at major airports. They include Dallas, New York, Chicago, and Atlanta. About 13,000 air traffic controllers and 50,000 TSA officers are currently workin ...
Meet the Press NOW — Oct. 20
NBC News· 2025-10-20 22:45
Hi there and welcome to Meet the Press Now. I'm Ryan Nobles in Washington where there appears to be no end in sight for what is now the third longest government shutdown in American history. And as more Americans are beginning to feel the impact of the prolonged shutdown with air traffic controllers, staffing issues leading to airport delays as they and many other federal employees are still working without pay. This weekend, millions of demonstrators took part in no kings rallies across all 50 states to pr ...
'Totally positive, totally patriotic': Rep. Raskin reflects on 'No Kings' protests
MSNBC· 2025-10-20 18:26
Joining us now, Democratic Congressman of Maryland, Jamie Rascin. It's good to see you, Congressman. You spoke at the No Kings Rally in Philadelphia. Does what you saw support the argument that this was a Hate America rally? On the contrary, it was of course totally positive, totally patriotic, um, and totally supportive of us getting the American government back in business again, reopening, and supporting the healthc care of the American people and supporting the federal workforce. And you know, I kicked ...
Mark Cuban on TrumpRx: It's not going to change the game, but I give them credit for trying
CNBC Television· 2025-10-20 15:12
Drug Pricing Initiatives - The Trump administration is making efforts to lower drug prices through initiatives like most favored nation and Trump RX [2] - Mark Cuban's Cost Plus Drugs is providing its API to Trump RX as a referral site, updating them daily with price reductions [2][3] - Trump RX is seen as a good start but superficial, not a game-changer for everyone's lives [4] - Dr Oz aims for 95% of US drugs to be more affordable within four years through these initiatives [12] Cost Plus Drugs Impact - Increased volume for Cost Plus Drugs through Trump RX referrals will allow them to buy and produce more drugs, including shortage drugs for hospitals [9] - Cost Plus Drugs passes savings to consumers as volumes increase and prices decrease [3] Policy Recommendations - A provision should be added to Obamacare tax credit extensions allowing people to apply cash prices paid for drugs toward their deductible [6] - Nationwide implementation of policies allowing cash payments for drugs to be applied to deductibles is desired [7] Trump RX Platform - Trump RX will be a platform referring people to direct-to-consumer providers, including drug makers, Good RX, and Cost Plus Drugs [8][9] - CVS and Sigma have signed on to provide IVF drugs on Trump RX [13]
'They're hitting a nerve': Republicans dub anti-Trump protests as 'hate America' rallies
MSNBC· 2025-10-18 04:26
Today was day 271 of the second Trump administration. Right now, we are mere hours away from Saturday's No Kings rallies in cities and towns across the country. Organizers are expecting a massive turnout to protest the president's agenda and policies.Meanwhile, many Republicans have cast those very same rallies as anti-American and even tried to tie them to the ongoing government shutdown. Speaking of which, this was day 17 of that shutdown, and Speaker Mike Johnson announced he'll continue to keep the Hous ...
X @BBC News (World)
BBC News (World)· 2025-10-17 23:47
'We have to prioritise South Africans': Anti-migrant movement blocks foreigners from healthcare https://t.co/QwkIOpDTcf ...