Blog – Page 283 – Farm Job Advice

The Ponzi Factor is the most comprehensive research ever compiled on the negative-sum nature of capital gains (non-dividend stocks). The book is not a perspective or an opinion. It is a proof that is based on definition, logic, and it is supported by observable facts and history.

The simple truth is profits from buying and selling stocks come from other investors who are buying and selling stocks. When someone buys low and sells high, another sucker is also buying high and needs to sell for even higher. Companies like Google, Amazon, and Tesla never pay their shareholders. Their investors profits are dependent on the inflow of money from new investors, which by definition, is how a Ponzi scheme works.

The Stock Market Is a Ponzi Scheme | by Tim Denning | Medium

timdenning.medium.com/the-stock-market-is-a-ponzi-scheme-2776f075b67b

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NYTimes: Splitting 5 to 4, Supreme Court Backs Religious Challenge to Cuomo’s Virus Shutdown Order

Splitting 5 to 4, Supreme Court Backs Religious Challenge to Cuomo’s Virus Shutdown Order nyti.ms/39icuy8

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It’s 2023. Here’s How We Fixed the Economy | TIME

time.com/collection/great-reset/5900739/fix-economy-by-2023/

NYTimes.com: An ‘Electrifying’ Economist’s Guide to the Recovery

From The New York Times:

An ‘Electrifying’ Economist’s Guide to the Recovery

Mariana Mazzucato, a professor who has the ears of world leaders and chief executives, envisions a post-pandemic world that redefines what is valued.

https://www.nytimes.com/2020/11/19/us/economist-covid-recovery-mariana-mazzucato.html?smid=em-share

Watch – TimesTalks | Yuval Noah Harari

Bari Weiss, Op-Ed staff editor and writer at The New York Times, will join Yuval Noah Harari, historian, philosopher and international best-selling author of “Sapiens” and “Homo Deus” for a thought-provoking evening of conversation. Harari’s new book, “21 Lessons for the 21st Century” untangles political, technological, social and existential issues. It clarifies the most important questions humankind faces today, and empowers all of us to help answer them. His provocative insights on the most pressing issues of the day have won him fans ranging from Bill Gates and Barack Obama to Natalie Portman and Janelle Monáe. Filmed live at TheTimesCenter.

https://youtu.be/Vxvb7Nw9JCE

NYTimes: Even in a Pandemic, the Billionaires Are Winning

Even in a Pandemic, the Billionaires Are Winning nyti.ms/2HCvo7G

“I do think we’re at risk of the oligarchic death spiral,” Collins told me. “Wealth concentrates and power concentrates, and the wealthy use their power to rig the rules to get more wealth and power.”