Okay, let's line-up all the legislators, bankers and lobbyists and hear how great all the watered-down regulations and TBTF institutions are...
How could this happen, again
DUH! They fixed.... NOTHING!!!
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Investors fear that the unwinding of QE is causing market turbulenceThe Fed wanted its balance-sheet policy to be dull. It is anything but The world is hooked on low interest rates. So was Japan in the late eighties. The real estate and stock market bubbles were fueled by low interest rates. Then the BOJ raised rates because the bubbles were destroying Japan and it's culture. 30 yrs later, still no real recovery Couldn't care less what happens to the stock market. Dump the balance sheet. Its balance sheet shall forever grow unless they fix the growing global debt levels.
Source: TheEconomist - 🏆 6. / 92 Read more »
Lawmakers want to cut California's pot taxes to help lagging legal marketFrustrated that California’s licensed marijuana industry is struggling against the black market, a group of state officials is pressing to slash taxes on legal pot. Well 25 percent tax on everything will do that Lies I live in California Just keep quality high. Taxes are one of the benefits to the state wise enough to legalize. Proper enforcement of distribution by black market should help.
Source: latimes - 🏆 11. / 82 Read more »
California proposes slashing pot taxes to help regulated industry compete with black marketA bill was introduced Monday in the California legislature that would give legal cannabis businesses a temporary tax break to help them compete with the underground market. This will not work. Lol This will work. Lol Dealers don’t charge a tax and know the local markets. All dope is local. Just sell it and shut up. They’ll always be cheaper.
Source: CNBC - 🏆 12. / 72 Read more »