"Bottom line first. Im in 80% cash (T-bills, MM funds) because of the political situation in the USA and around the world. If you dont want to hear political commentary as it applies to World markets, this is a good time to hit the delete button.
I just returned from Bangkok. I was the keynote speaker at a large conference in the manufacturing city of Guangzhou and visited both Shanghai and the political capital Beijing where I had meetings with locals (in the know) that gave me insights to the current situation in China.
Additionally, I have been doing business in Russia since the mid nineties. I have been doing business with China since early 2000. I have solid contact there, that will talk to me. Local Investment companies in both countries have purchased licenses for my book Trading with DiNapoli Levels. The last time I was in Moscow and Kiev was 2017. We have a DiNapoli expert in Poland who has actively supported refugees from Ukraine. I have lived and worked outside the USA for over 20 years. We (CIS inc) also have contacts in the mid east where I have spoken many times. I have current, feet on the ground, information Im happy to share with you. If the following offends you& thats not my purpose but Im not about to lie or be politically correct. Ill just get to the point and be brief.
First, China is incredible& everything is shinny and new: the streets the airports, the trains, the train stations, the buildings, the subways. They have spent trillions on infrastructure and we have spent trillions on stupid unproductive wars and death. Look at the airports in any US city and do the same in China or Russia-- it is appalling how we have squandered our wealth.
Do you want to invest in a country that is run with such stupidity?
Economic activity is clearly off in China but it is still strong. The people in China are still willing to work and they do. We have heard about the demographic situation in China and how bad it is& well not from my perspective. China is stuffed full of aggressive smart young people that will eat our lunch. They value real practical education like engineering, not gender studies.
China does not want a war with us. Why would they when they clearly see that we are destroying ourselves.
On the other hand our Government lies about Chinas plans and stokes the fires of war for political gain. Americas propaganda machine is one of our most accomplished products.
Do you want to invest in a country that lies to you every day, day in and day out. Does China wish to invade Taiwan.. not a chance. They will gain control without firing a shot. Can they be prodded into a conflict? You bet! Just like Russia was.
Can you invest in China. No, I have pulled 90% of my China position on the post pandemic rally, because I dont want sanctions to make my position worthless as happened with my (fortunately tiny) positions in Russia. Do you want to invest in a country that steals other countries money as the USA has done in Venezuela, Russia, Afghanistan, to mention a few. There are ramifications to this behavior that are directly before us. Buy 10,000 shares at the market! Yeah right.
Massive money laundering has gone on in Ukraine through the Sam Bankman-Fried fraud directly to the Democratic party. The same thing is happening now with the billions sent to Ukraine. But both parties in America are involved. Is it any wonder that all attempts to audit ginormous money shipments to Ukraine have been shot down by both parties in our congress.
Do you want to invest in a country that perpetrates fraud on American taxpayers so they can get campaign contributions?
I said in September 2021 on the TFNN broadcast that I suspected that someone was deliberately trying to destroy America. I dont suspect any longer. American cities are in ruin. Crime is encouraged. Our borders are wide open. Do you want to invest in a country that is actively under attack by powerful groups within and outside of its own borders?
Our justice system is a joke. Our corporate news media lies overtly or by omission. Do you want to invest in a country that is both lawless and deliberately clueless?
The rogue three letter agencies that infect our government are out to get Trump and his supporters, at any cost. They will stop at nothing to keep him out of office including assignation. Do you want to be long the S&P when you hear that on breaking news?
And Ukraine- when political narratives reign above truth and the stupid and power sick are in control, Do you want to be long the NASDAQ when in one day, one misstep, could lead to an overnight drop of 25%? I predicted the 1987 500 point drop. I was trading when it happened. Yes it can happen again!
In my view civil war is more likely here in the USA than not. So 5% yielding T-Bills seem a good bet, along with some gold and oil. A long short portfolio also seems a reasonable approach. But even so there is no safety. I grew up with the draft and Vietnam staring me in the face. I saw the terrible division in the country firsthand. Today is worse!
I understand the point you are trying to push across, but as he stated so eloquently in the written piece above, this doesn't seem to have anything to do with identity politics but rather with putting the narrow greedy interests of the corporate-capitalist ruling class before the well-being of human beings, of our planetary habitat, and before the constitution. An ideology which the corrupt Mr. Thomas has been pushing through in his rulings
When I refer to identity politics it's pointing out how blacks are installed and used by the ruling elites including SCOTUS to promote exploitative policies which would get pushback if enacted by someone whose not black.
Good. But every damn politician is corrupt. EVERY ONE OF THEM. To single out one is ridiculous. They should all, each and every one of those lying, bought, phony, pompous, hypocritical, evil, deceptive pieces of excrement should be removed and incarcerated, if not hung. Following, the Fed, the FDA, the CIA and all alphabets should be dealt with strongly. Billionaires and trillionaires are not to be ignored, but justice dealt.
There is not a single reference to race anywhere in the post. But of course when the full range of the corruption is revealed, it will not be about Thomas. Are you suggesting that being black is some sort of immunity from corruption? Sounds pretty racist, no?
No, you’re ignoring that this is all under the influence of systemic racism. It’s okay, your inner white supremacist is making you do that because he’s constitutionally uncomfortable with black men on the highest court in the land.
I didnt see that you were talking against whites. My bad. But the facts remain that this was not about blackness. Yes, every authority figure is corrupt to the core. But I don't think that color was the motivation here. THomas has been the focus on the news, and most intellectuals who have absolutely no clue on reality have made him an issue. Pastrich just likes to seem like the expert, the candidate who is a populist, while in reality he is another elitist politician wannabe. Politicians have absolutely no ability to improve our way of life, if Pastrich doesn't know the character of politics, he is ignorant. IF he does, he is corrupt. My books drop heavy knowledge on how the world is really run, and politicians just rubber stamp COUNCIL ON FOREIGN RELATIONS legislation and collect the wealth. IT is all entertainment and illusion.
Taking the racist card to the limit? All those who address these as racism and those who fight back with further racist comments, on both sides of the coin, have allowed the boxes of thinking and the deliberate division to capture and hold them.
okay, have it your way. Funny how few whites were against racism targeted at blacks. Even now there is modern day slavery in prisons. But all we hear is whites complaining over WORDS being focused negatively at them. I don't see Jim Crow measures, or lynchings of whitey. do you feel better now?
I guess I do not like this use of the word "conservative." I am not going to say that I am against conservatives any time in my campaign. That opposition is a political fraud.
Kissing ass of half the criminals. Both conservatives and liberals are two sides of the same coin. They are boxes of thinking created for the sheep to fit into with no authentic original thinking. You have been programmed and indoctrinated in your precious education that you so often brag about. I am self-educated, and far better informed and intellectually independent than you. You can think, but have no original concepts. You pretend to be for the common man, but wear the uniform of the establishment and are afraid to tell it like it is plainly. To align with any conforming thought pattern shows that ayou have been propagandized well. Congratulations for conforming with the establishment
"Bottom line first. Im in 80% cash (T-bills, MM funds) because of the political situation in the USA and around the world. If you dont want to hear political commentary as it applies to World markets, this is a good time to hit the delete button.
I just returned from Bangkok. I was the keynote speaker at a large conference in the manufacturing city of Guangzhou and visited both Shanghai and the political capital Beijing where I had meetings with locals (in the know) that gave me insights to the current situation in China.
Additionally, I have been doing business in Russia since the mid nineties. I have been doing business with China since early 2000. I have solid contact there, that will talk to me. Local Investment companies in both countries have purchased licenses for my book Trading with DiNapoli Levels. The last time I was in Moscow and Kiev was 2017. We have a DiNapoli expert in Poland who has actively supported refugees from Ukraine. I have lived and worked outside the USA for over 20 years. We (CIS inc) also have contacts in the mid east where I have spoken many times. I have current, feet on the ground, information Im happy to share with you. If the following offends you& thats not my purpose but Im not about to lie or be politically correct. Ill just get to the point and be brief.
First, China is incredible& everything is shinny and new: the streets the airports, the trains, the train stations, the buildings, the subways. They have spent trillions on infrastructure and we have spent trillions on stupid unproductive wars and death. Look at the airports in any US city and do the same in China or Russia-- it is appalling how we have squandered our wealth.
Do you want to invest in a country that is run with such stupidity?
Economic activity is clearly off in China but it is still strong. The people in China are still willing to work and they do. We have heard about the demographic situation in China and how bad it is& well not from my perspective. China is stuffed full of aggressive smart young people that will eat our lunch. They value real practical education like engineering, not gender studies.
China does not want a war with us. Why would they when they clearly see that we are destroying ourselves.
On the other hand our Government lies about Chinas plans and stokes the fires of war for political gain. Americas propaganda machine is one of our most accomplished products.
Do you want to invest in a country that lies to you every day, day in and day out. Does China wish to invade Taiwan.. not a chance. They will gain control without firing a shot. Can they be prodded into a conflict? You bet! Just like Russia was.
Can you invest in China. No, I have pulled 90% of my China position on the post pandemic rally, because I dont want sanctions to make my position worthless as happened with my (fortunately tiny) positions in Russia. Do you want to invest in a country that steals other countries money as the USA has done in Venezuela, Russia, Afghanistan, to mention a few. There are ramifications to this behavior that are directly before us. Buy 10,000 shares at the market! Yeah right.
Massive money laundering has gone on in Ukraine through the Sam Bankman-Fried fraud directly to the Democratic party. The same thing is happening now with the billions sent to Ukraine. But both parties in America are involved. Is it any wonder that all attempts to audit ginormous money shipments to Ukraine have been shot down by both parties in our congress.
Do you want to invest in a country that perpetrates fraud on American taxpayers so they can get campaign contributions?
I said in September 2021 on the TFNN broadcast that I suspected that someone was deliberately trying to destroy America. I dont suspect any longer. American cities are in ruin. Crime is encouraged. Our borders are wide open. Do you want to invest in a country that is actively under attack by powerful groups within and outside of its own borders?
Our justice system is a joke. Our corporate news media lies overtly or by omission. Do you want to invest in a country that is both lawless and deliberately clueless?
The rogue three letter agencies that infect our government are out to get Trump and his supporters, at any cost. They will stop at nothing to keep him out of office including assignation. Do you want to be long the S&P when you hear that on breaking news?
And Ukraine- when political narratives reign above truth and the stupid and power sick are in control, Do you want to be long the NASDAQ when in one day, one misstep, could lead to an overnight drop of 25%? I predicted the 1987 500 point drop. I was trading when it happened. Yes it can happen again!
In my view civil war is more likely here in the USA than not. So 5% yielding T-Bills seem a good bet, along with some gold and oil. A long short portfolio also seems a reasonable approach. But even so there is no safety. I grew up with the draft and Vietnam staring me in the face. I saw the terrible division in the country firsthand. Today is worse!
God bless America, Someone sure needs to."
Joe DiNapoli
If the intention is to indict key identity politics stooges I'd prefer to begin with Condoleezza Rice, Barack Obama, and Susan Rice.
I understand the point you are trying to push across, but as he stated so eloquently in the written piece above, this doesn't seem to have anything to do with identity politics but rather with putting the narrow greedy interests of the corporate-capitalist ruling class before the well-being of human beings, of our planetary habitat, and before the constitution. An ideology which the corrupt Mr. Thomas has been pushing through in his rulings
When I refer to identity politics it's pointing out how blacks are installed and used by the ruling elites including SCOTUS to promote exploitative policies which would get pushback if enacted by someone whose not black.
I understand better now. Thank you for taking the time to clarify, much appreciated.
Good. But every damn politician is corrupt. EVERY ONE OF THEM. To single out one is ridiculous. They should all, each and every one of those lying, bought, phony, pompous, hypocritical, evil, deceptive pieces of excrement should be removed and incarcerated, if not hung. Following, the Fed, the FDA, the CIA and all alphabets should be dealt with strongly. Billionaires and trillionaires are not to be ignored, but justice dealt.
https://truthforce.work
Idk, sounds pretty racist.
We’re just not supposed to notice you want to remove the only black man?
There is not a single reference to race anywhere in the post. But of course when the full range of the corruption is revealed, it will not be about Thomas. Are you suggesting that being black is some sort of immunity from corruption? Sounds pretty racist, no?
No, you’re ignoring that this is all under the influence of systemic racism. It’s okay, your inner white supremacist is making you do that because he’s constitutionally uncomfortable with black men on the highest court in the land.
I didnt see that you were talking against whites. My bad. But the facts remain that this was not about blackness. Yes, every authority figure is corrupt to the core. But I don't think that color was the motivation here. THomas has been the focus on the news, and most intellectuals who have absolutely no clue on reality have made him an issue. Pastrich just likes to seem like the expert, the candidate who is a populist, while in reality he is another elitist politician wannabe. Politicians have absolutely no ability to improve our way of life, if Pastrich doesn't know the character of politics, he is ignorant. IF he does, he is corrupt. My books drop heavy knowledge on how the world is really run, and politicians just rubber stamp COUNCIL ON FOREIGN RELATIONS legislation and collect the wealth. IT is all entertainment and illusion.
Taking the racist card to the limit? All those who address these as racism and those who fight back with further racist comments, on both sides of the coin, have allowed the boxes of thinking and the deliberate division to capture and hold them.
You’re practically tying a noose talking like that.
okay, have it your way. Funny how few whites were against racism targeted at blacks. Even now there is modern day slavery in prisons. But all we hear is whites complaining over WORDS being focused negatively at them. I don't see Jim Crow measures, or lynchings of whitey. do you feel better now?
Are you saying that black people should not be held accountable for corruption because of their skin color?
(Corruption that puts the well-being of humanity and our planetary habitat below the narrow interests of the corporate-capitalist ruling class)
It’s an artefact of slavery and Jim Crow, surely. Unless you think those were no big deal.
What is "an artefact of slavery and Jim Crow"?
I apologize but it's not very clear to me what you are referring to by the word "it"
I guess I do not like this use of the word "conservative." I am not going to say that I am against conservatives any time in my campaign. That opposition is a political fraud.
Kissing ass of half the criminals. Both conservatives and liberals are two sides of the same coin. They are boxes of thinking created for the sheep to fit into with no authentic original thinking. You have been programmed and indoctrinated in your precious education that you so often brag about. I am self-educated, and far better informed and intellectually independent than you. You can think, but have no original concepts. You pretend to be for the common man, but wear the uniform of the establishment and are afraid to tell it like it is plainly. To align with any conforming thought pattern shows that ayou have been propagandized well. Congratulations for conforming with the establishment