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July 7, 2024
fargo, bank of america, jm morgan, morgan stanley lost $50 billion in market value in one day. thats a hit. on the other hand, those banks still exist. you cant say that for silicon valley bank. svb has gone under completely. that makes the second biggest bank failure in the history of this country. and the significant svb financed nearly half of all venture-backed healthcare companies in the united states. it held significant cash reserves for some of the biggest crip toe currencies. ...
March 11, 2023
2008-style financial crisis. and im not trying to be hyperbolic. in fact, you and i discussed this at length in our long-form interview several months ago. at the time, the fed hadnt even raised rates nearly as high as they have today. and i was saying, you dont raise rates in record fashion on an economy saying record levels at maximum speculation and expect no consequence. this was clearly going to happen. now were seeing the weak links in the chain break. the areas where speculation was most ...
October 26, 2013
Models have a chain break and thats that. the idea it comes toward you, it would trigger it and stop that chain. if you start a gas saw, do it on the ground both hands on the saw. with a normal chainsaw never cut over your head. never cut on a ladder. people do it. but all it takes is one missake. >> safety items? >> this is great. these are all over the place for about $30 or so. helmet, face mask in case it kicks back and ear protectors. we found even the electric saws are loud enough to requi...