The top 10% of earners now account for half of consumer spending in the US. www.cnn.com/2025/09/18/b...

The Fed just cut rates. But relief might not come quickly enough for some Americans | CNN Business

The Federal Reserve cut interest rates on Wednesday for the first time this year, a move that could provide some relief for Americans from the higher cost of living. But there is a deepening inequalit...

cnn.com

Meaningless consumption rises when people feel miserable. And now the world's second largest ad company is try to push people into "a better future" with a paradigm shifting product. It's the Metaverse all over again.

Qanon had one thing right: the world is run by powerful business interests. But why did they think those people were pedophiles? Thinking that people who have infinite money will surely use it to have sex with children tells more about the desires of Qanon then about the cabal.

Trump's strategy is to use tax cuts to grow the economy faster than the resulting debt growth. Meanwhile interest payments are ballooning, reaching 1T per year. Wage growth has detached from economic growth a long time ago. Now services the working poor were relying on will be cut to pay interest.

Day 1 without Facebook. So far the only benefit: no multitasking while watching Brit Box.

Looks like we're doing elbows down at the end. What a wuss. I thought he only scrapped the carbon tax to get elected. But looks like helping big US businesses Carney's his brand. www.reuters.com/world/americ...

Canada rescinds digital services tax in a bid to advance trade talks with US

Canada has rescinded its digital services tax in a bid to advance trade negotiations with the U.S., Canada's finance ministry said in a statement on Sunday.

reuters.com

Day 0. without Facebook. This morning I logged out.

Delivering world peace, one crusie missile at a time.

Amazon tried to manufacture FOMO by making the Nintendo Switch 2 invitation only, so of course I applied. Got the good new that I can spend $699 if I hurry. I let it expire. Applied again and got invited the same day. It's not 2020 anymore.

People love to cite The Wealth of Nations, and the theory of comparative advantage when they argue that cheap consumer goods should be made overseas. Cheap labor is not a comparative advantage. Having a poor population willing to work for scraps is a temporary setback.

Right wing populists hate educated people, and promise that everyone will get rich. Left wing populists hate rich people, and promise that everyone will get an education. No wonder Trump won.

If you're shielding your children from reality, you're not protecting them: you're making them more vulnerable.

Looks like Trump figured out how to push an already hot economy over the edge. Constant fear and uncertainty will keep people spending. He only has three years to go.

Trump might just get that opportunity to earn a Nobel Piece Prize.

There's a difference between not being able to buy a house, and not being allowed to buy a house. It's not the Liberals who limit your "right" to home ownership. It's your employer that makes it unaffordable for you.

Canadians who claim they are opredsed, but promote Trump's USA: they don't want personal freedoms. They just want to be the oppressors.

When people move from a rental unit to another, maybe a realtor gets a $2,500. When they sell and buy another, realtor gets $16,000, lawyer gets $1,000, bank gets $12,000. Which one is the real scam: renting or owning?

It must have felt good to hate during the first Trump administration. But now, actions have been following the words, and other countries are sobering up. After Canada said no to Poilievre on Monday, Australia has just voted against the Coalition. Cherry on top: both party leaders lost their seats.

Tesla is offering Model Y owners a £2,000 discount towards the new Model Y. The thing is, the oldest Y is only 5 years old. Musk is getting desperate. electrek.co/2025/04/25/t...

Tesla (TSLA) brings back FSD transfer, offers $2,000 loyalty discount amid demand crisis

Tesla (TSLA) is reintroducing Full Self-Driving (FSD) transfers and offering $2,000 loyalty discounts on the new Model Y to existing...

electrek.co

The wait is over, Twitter account finally cancelled. Musk didn't make it easy to break free.

For those thinking of takeing advantage of the "official" TRUMP coin. There's only two ways out of a Ponzi-scheme: you're the sucker left holding the bag, or you find a bigger sucker who will end up loosing more. You will either become a poor looser, or a rich asshole.

Shoutout to @frame.work ! I just replaced a motherboard that they sent free of charge after way after the warranty period expired (it was a sporadic issue that started a year ago, but got worse).

The 2025 version of "show me your search history".

JDI withdrew their rezoning application! A strange ending of a strange process. jdirving.com/en/newsroom/...

People often bring up 1984 as a cautionary tale about unchecked government power. I had a very different takeaway. I think it's not about the system, but the individual. And how someone who falls for the ideology can give up all their core values. And perform acts that go against their whole being.

"Guns don't kill people, people kill people". But when a driver kills a pedestrian, it's an "accident", where "a pedestrian was hit by a car". These lobbies should really align their messaging.

If you have enough money to pack your kids lunch, but not enough to have to pay capital gains tax, why do you sympathize more with the billionnaires who would be taxed a little more than with the poor who can't feed their kids?

Trump and Melania coins are going down, but optimism grows. As the saying goes: "It's always darkest before pitch black."