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Economics And Finance

Paying Off Unfunded Pension Liabilities Will Be A Low Priority After COVID-19 (#GotBitcoin)

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Our most recent update of state and local pension plans showed that — even after nearly a decade of stock market gains — plans were only about 70% funded in fiscal year 2020. Paying Off Unfunded Pension Liabilities Will Be A Low Priority After COVID-19 (#GotBitcoin) That funded ratio discounts…

World’s Top Pension Fund Books ‘Historic’ $339 Billion Gain

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The world’s biggest pension fund posted a record return for the fiscal year ended March, boosting its assets to a new high and beating its benchmark for the first time in seven years. World’s Top Pension Fund Books ‘Historic’ $339 Billion Gain Japan’s Government Pension Investment Fund booked a gain…

Pension Funds And Insurance Firms Alive To Bitcoin Investment Proposal

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Bitcoin’s appeal among institutional investors is spreading toward insurance firms and life and annuity companies. Pension Funds And Insurance Firms Alive To Bitcoin Investment Proposal Life and annuity companies are increasingly dedicating part of their asset base to Bitcoin (BTC). While the top crypto has delivered the best returns over…

The Number Of Americans Who Say They Were Rejected For A Loan Reaches Highest Rate In 5 Years

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The lower the credit score, the louder the ‘no.’ The Number Of Americans Who Say They Were Rejected For A Loan Reaches Highest Rate In 5 Years   A rising number of consumers say lenders are rejecting their loan applications. What’s more, record-breaking shares of people expect lenders to keep…

Employee Retention Credit Issued By IRS ($30 Billion A Month) Forestalls US Recession While Driving Up Inflation #GotBitcoin

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In early February, federal prosecutors in Utah accused Zachary Bassett and Mason Warr of cheating the U.S. government out of millions of dollars. Employee Retention Credit Issued By IRS ($30 Billion A Month) Forestalls US Recession While Driving Up Inflation #GotBitcoin The accounting firm they operated had submitted more than…

Ultimate Resource For Biden’s Infrastructure Plans And It’s Impact On The Crypto-Currency Industry

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White House Unveiled As Puppet Master As New Amendment Threatens Crypto Industry. Ultimate Resource For Biden’s Infrastructure Plans And It’s Impact On The Crypto-Currency Industry Last night (8-5-2021) at the 11th hour, a new competing amendment was dropped disastrously, and given the full weight of force by no less than…

Debt Collectors’ Awkward Moment: Their Own Debt Is Now Sinking

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Europe’s debt collectors have made a lucrative business of getting recalcitrant borrowers to cough up the money they owe. But now they face the disquiet of their own creditors. Debt Collectors’ Awkward Moment: Their Own Debt Is Now Sinking * Some Intrum, Lowell Debt Now Trading At Distressed Levels *…

Federal Reserve Launches Master Account Database Late Friday (Holiday Weekend) To Keep You In The Dark On How They Work #GotBitcoin

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Federal Reserve Board publishes a database of financial institutions with access to, or requests to access, Federal Reserve Bank master accounts and services. Federal Reserve Launches Master Account Database Late Friday (Holiday Weekend) To Keep You In The Dark On How They Work #GotBitcoin Related: ‘Who The Hell’ Is Prometheum…

Mocked As ‘Rubble’ By Biden, Russia’s Ruble Roars Back

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Putin May Collect $321 Billion Windfall If Oil And Gas Keep Flowing. Mocked As ‘Rubble’ By Biden, Russia’s Ruble Roars Back * Goldman, IIF Expect Record Current-Account Surplus For Russia * Embargo On Energy Exports Can Tip Economy Into Deeper Crisis Russia’s economy has staggered through the first full month…

“Would Someone Please Buy US Treasury Bonds?” Janet Yellen #GotBitcoin

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Trillion-Dollar Treasury Vacuum Coming For Wall Street Rally. "Would Someone Please Buy US Treasury Bonds?" Janet Yellen #GotBitcoin   * Post-Deal Supply Surge Will Rumble Through Stocks To Credit * Already-Eroded Liquidity Set To Shrink By $1 Trillion: JPM     With a debt ceiling deal freshly signed into law…

What You Should Know About ‘529’ Education-Savings Accounts

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Despite all the benefits of these state-sponsored, tax-advantaged accounts, many people still don’t have them. What You Should Know About ‘529’ Education-Savings Accounts     The college-savings accounts known as 529 plans can be confusing. Parents know they have tax advantages. But what exactly are those advantages? What investment options…

Global Bitcoin Game Theory Is Now Playing Out

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“Bitcoin’s pawn to e4 move is pressuring other nations to adopt bitcoin.” Joker. Global Bitcoin Game Theory Is Now Playing Out Updated: 7-5-2019 Bitcoin As A Master Piece of Game Theory And Incentives   The role of incentives and game theory in the most famous blockchain. In the past decade,…