Blake Hampton

If you deduct Berkshire's deferred taxes from total liabilities, their cash plus receivables are enough to cover all their debt.

Highest ever amount of cash relative to tangible assets. However, it's still only 33%.

The majority of his wealth is in dogshit.

Source: What is Trump really worth? What we know about his business wealth—from real estate to crypto to Truth Social - Fortune

I agree that he's caused a lot of self-inflicted problems. That said, I also believe there are deep, systemic issues at play that go far beyond either political party. I'm almost certain that if Kamala were elected—and for the record, I did vote for her—she’d be facing serious challenges, many of which I think Trump is going to face as well. The analogy that comes to mind is that the U.S. chose to shoot itself in the leg, not realizing it already has stage 3 cancer. These problems are massive—somehow even bigger than Trump’s ego. I live in Oklahoma. I drove an hour and a half to vote for Harris, knowing full well a Democrat hasn’t won our state’s electoral vote since LBJ in 1964. And the Democrats back then were much closer to today’s Republicans. I hate Trump that much.

It's sort of sad because I like some of the old GOP guys. The problem to me is that they never actually stand up for anything they believe in. They'll write a nice OP-ED or deliver a good speech on the House floor, but when it comes voting time, they're useless.

Kamala would've been facing the exact same problems as Trump is dealing with now. My concern is that Trump may have made those problems even worse. Maybe that's why so many members of the current administration seem so economically incompetent. If they'd truly understood the scale of what was happening, they would've never taken the job in the first place.

I'm actually happy that Trump won this election. Now, when shit eventually falls apart, it'll be his ass getting cooked instead of Harris. Who knows what kind of chaos we'd be facing if things had gone the other way. If I’m forced to put my faith in one radicalized government over another, I’d still choose the Democrats. After the Great Depression, it took one of the greatest presidents in our nation's history and two full decades before Republicans were able to retake control of government. I imagine that they already lost the upcoming midterms, but there's still plenty of damage to be done. "I find it so interesting because the candidates and the parties are so interested in winning this election, but if you look at it, certainly from a fiscal standpoint, you're winning the booby prize." - Paul Tudor Jones, Oct. 2024

Trump is the greatest prez of all time!! Source:

Skip to 10:50

Truer words have never been said.

A comment: "First they came for the Communists And I did not speak out Because I was not a Communist Then they came for the Socialists And I did not speak out Because I was not a Socialist Then they came for the trade unionists And I did not speak out Because I was not a trade unionist Then they came for the Jews And I did not speak out Because I was not a Jew Then they came for me And there was no one left To speak out for me." - Martin Niemöller

I don't know anything about anything with this, but does it concern anyone what's currently happening between India and Pakistan? They're do both have nuclear weapons.

If I ever found myself on the same side as Shari Redstone, I would seriously reexamine why I thought I was right.

Seems like a big deal.

Dyspro-What? Why an Obscure Element Has the EV Industry in a Panic - WSJ “Rare earths are used in almost everything that turns on,” said Gracelin Baskaran, a director at the Center for Strategic and International Studies, a Washington, D.C., think tank. “The primary use of rare earths is permanent magnets.” "The development of a new mine takes an average of 29 years in the U.S., according to a report by S&P Global Market Intelligence. The bigger problem is that the U.S. can’t currently separate dysprosium from surrounding rock. China’s head start on mining and extracting the precious elements makes it difficult to build alternative sources. “A mine in China, to produce from an ore to oxide, costs around $11 to $15 a kilogram,” said Mukherjee, of Benchmark Mineral Intelligence. “For a mine in Brazil, it’s approximately $35 to $40 a kilogram. It would be even higher in the U.S. or Australia. There also are key parts of the refining process known only to Chinese companies, said Baskaran. “It’s a permitting problem, a know-how problem and a technical problem,” she said."

Bottom line is who knows what's in Trump's head regarding any of this. He has the economic understanding of a brick.

This is probably the best insight you're gonna get on this topic:

It’s not the president’s decision to print money — that authority ultimately lies with the Federal Reserve. Restructuring debt might be the only lever Trump could realistically pull. However, I’m not sure how it could be done in any meaningful way without triggering a massive financial crisis. I do agree with @dealraker though. I don’t think anything is off-limits with these guys.

I don't see how this doesn't end in extreme capital flight. Seems to me this is the equivalent of nuking the dollar.

"Source: Me"

Thanks for the link. Those are some nasty looking charts.

Cool infographic from the NYT: https://www.nytimes.com/interactive/2025/04/27/world/asia/china-products-us-tariffs-trump.html

I've seen far more madness in private sector management compensation than I could ever imagine seeing in government. There are so many CEOs with insane, multi-million-dollar pay packages, who do nothing but harm the businesses that they manage. I think it's far worse with smaller companies. A lot of those guys get away with murder.

Lol