H.E. Pennypacker🎗️
949 posts

H.E. Pennypacker🎗️
@RehypothecateAG
Living the first rule of FinTwit: You are never wrong, the markets are wrong. Posts are not investment advice.






Only Midwesterners can survive this drive






While millions of families struggle to put food on the table Elon Musk, Jeff Bezos & Mark Zuckerberg own more wealth than the bottom HALF of Americans. That’s what oligarchy is about. That’s what a rigged economy is about. Is it any wonder that people in this country are angry?





Delaware became the dominant state for incorporation because New Jersey - under Woodrow Wilson - put the screws to business. Delaware said, ‘we will provide a stable environment with clear law.’ Delaware is now throwing away the only real reason for the state to exist at all.



In a new podcast Sam Altman says: " When something gets sufficiently huge ... the federal government is kind of the insurer of last resort, as we've seen in various financial crises ... given the magnitude of what I expect AI's economic impact to look like, I do think the government ends up as the insurer of last resort."












