Category:News
Netflix stock price is its own “house of cards” waiting to fall
Trading at nearly 300 times earnings, the debt-fueled stock market has placed a considerably high valuation on Netflix.
Netflix is a microcosm of the world. Just as most consumers and nations are debt ridden, overly speculative, and at the peak of irrational exuberance, so is Netflix.
A recent article “Netflix sinking deeper into debt to fuel subsc… Read more
FANG(+T) tech bubble: Twitter loses less money than it thought, jumps 10% pre-market
… Read moreOn Thursday, Twitter reported a third-quarter loss of $21 million, or 3 cents per share. Excluding one-time items, the company earned 10 cents per share in the latest quarter.
The results exceeded Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The company posted re
Toronto housing bubble: personal debt treadmill at maximum speed
Take a look at this screen grab of the real estate headlines at CP24.com (Canadian Propaganda 24 hours a day):
Affordability is the worst, yet prices are near the bottom?
Nothing is technically “affordable” nowadays in a Keynesian powered economy. No one is encouraged to save, and everyone (government included) relies on debt, a.k.a. future … Read more
Project Veritas confirms the manipulation of YouTube’s trending algorithms
One James confirms the suspicion of another James.
James O’Keefe III and his team at Project Veritas has verified what many other rational thinkers, including James Damore, have long theorized about big tech companies. Companies such as Alphabet (YouTube, Google) and Facebook have had their internal offices infiltrated with postmodernist zeal… Read more
The Yahoo! and Equifax hacks teach the Internet a valuable lesson, but the students aren’t listening
Yahoo! recently revealed that all of its 3 billion accounts were compromised, up from its initial estimate of 1 billion.
… Read more“Whether it’s 1 billion or 3 billion is largely immaterial. Assume it affects you,” Curry said. “Privacy is really the victim here.”
Yahoo first disclosed the breach in December . The stolen informat
Ontario’s ban on StubHub scalper bots will backfire on the consumer
Another day, another overreaching bill being passed in Ontario, Canada.
This time it’s a “consumer protection bill” proposed by the Ministry of Government and Consumer Services:
… Read moreTORONTO — Ontario is set to introduce ticket sale legislation today that would ban so-called scalper bots and impose new rules on reselling ticke
CBC’s The National has something to hide
Following up from yesterday’s blog post: if news outlets from big media are the supposed purveyors of truth, then what do they have to hide by disabling their comments section in their YouTube videos?
The truth should be able to stand up on its own in an open marketplace of ideas.
CBC’s The National managed to shut down the comments sections on mos… Read more
Does CP24 stand for Canadian Propaganda 24 hours a day?
Legacy media in collusion with Canadian government (federal, provincial and municipal) is tripling down on its efforts in Canada to control “mainstream” opinion. In an article released by the Canadian Press, the brainwashing must begin from youth lest children discover that there are multiple sides of a story, usually found on the Inter… Read more