Author: SupremeCmdr

Junk Science! — Authentic Medicine

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Did you hear about the headline which claimed that every year 250,000 people in the U.S. die after misdiagnosis…

Junk Science Rules — Authentic Medicine

Anyone who reads this source article will no longer fear going to the local hospital emergency room to avoid a “misdiagnosis”.

Or just go online, Google your symptoms, self-diagnose, stay home and take care of your own sorry ass.

The 2nd Number One Investment Idea for 2023

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Invest in yourself, your family, and your friends. Invest in life. If you need to lose weight, do it. Spend more quality time with your friends, family, and love ones. 

Here’s My Number One Investment Idea For 2023 – https://mishtalk.com/economics/heres-my-number-one-investment-idea-for-2023

And the 2nd Number One Investment Idea for 2023.

Trouble in Paradise – 12.21.22

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An analysis of current drinkers in the Framingham Heart Study found that a higher number of drinks per week and higher frequency of drinking were associated with increased odds of fibrosis among patients whose consumption fell below the threshold for heavy alcohol use.

Non-Heavy Alcohol Use Associated With Liver Fibrosis, NASH – Medscape – Dec 21, 2022 – https://www.medscape.com/viewarticle/985950?src=rss#vp_1

Oh crap.

I better read the full study.

Non-heavy alcohol use associates with liver fibrosis and ‘nonalcoholic’ steatohepatitis in the Framingham Heart Study – DOI:https://doi.org/10.1016/j.cgh.2022.10.039

Quote for Today 12.09.22 AND Scary Charts

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There is no mystery to controlling inflation. You just have to stop spending money you don’t have…stop lending out money at interest rates below inflation…and stop ‘printing’ up extra money to cover the holes in your budget. Instead, most governments continue to spend and print. Inflation is on the rise almost everywhere. And for the first time in modern history, much of the entire world’s middle class – the people who make the world work – is facing a grim period of higher inflation and lower real standards of living.

Three Strikes, You’re Out! More on the government’s middle class massacre – Bonner Private Research https://bonnerprivateresearch.substack.com/p/three-strikes-youre-out

But wait…it’s worse in North America.

I’m just thankful I haven’t retired yet.

Some Old Statistics

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The Administration for Community Living (ACL) has published its profile of older Americans 2021, an annual summary of critical statistics related to the older population. The updated report shows an older population that’s increasing in size and diversity.

The older population is growing and becoming more diverse — https://healthjournalism.org/blog/2022/12/the-older-population-is-growing-and-becoming-more-diverse/

And in case you’re thinking none of this matters because you are still young…

We found that midlife, generally considered to encompass the ages of 40 to 65, has become a time of crisis…the midlife crisis experienced by most people is subtler, more nuanced and rarely discussed among family and friends. It can be best described as the “big squeeze” – a period during which middle-aged adults are increasingly confronted with the impossible choice of deciding how to split their time and money between themselves, their parents and their kids.

The real midlife crisis confronting many Americans — https://theconversation.com/the-real-midlife-crisis-confronting-many-americans-114347

Due to the holiday, travel, and entertaining I’ve been spending less time in front of my screens.

Well, time to get back to my normal screen time habit.

Americans 60 and older are spending more time in front of their screens than a decade ago

Cryptocurrencies – Extra Credit Reading Assignment (Updated 12.01.22)

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Cryptocurrencies are a social movement based on the belief that markings in a ledger on the internet have intrinsic value. The organizers of these ledgers call these markings Bitcoin, or Dogecoin, or offer other names based on the specific ledger. That’s really all a cryptocurrency is. There’s no magic. It’s not money, though it has money-like properties. It’s not anything except a set of markings. Sure, the technology behind the ledgers and how to create more of these markings is kind of neat. But crypto is a movement based on energetic storytellers who spin fables about the utopian future to come. In a lot of ways, cryptocurrencies are like Florida land that no one ever intends to use. It has value in the moment it is traded, but only because there’s a collective belief that it has some intrinsic worth.

Matt Stoller BIG newsletter 12.07.21 — https://mattstoller.substack.com/

FTX seems to be a textbook example of how many investors are easily hoodwinked by media narratives about the latest investment genius who has magically discovered some new way of delivering unprecedented returns. 

How Easy Money Fueled the FTX Crypto Collapse – https://mises.org/wire/how-easy-money-fueled-ftx-crypto-collapse

Good book. It should be required reading for everyone before they invest a single penny.

Update 12.01.22

One more extra credit reading assignment. FTX’s Collapse Was a Crime, Not an Accident