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Now let's look at market cap. Redemption is no longer "looked at" but in progress.


Not just anti-imperialism but many other political and philosophical opinions too.

Many things in history and politics are dense. It's expected that people will disagree on these things.

But every so often something happens which is genuinely quite simple to understand. This Ukraine invasion allows you to discriminate between those who are still committed to reality and those who are not.

If you cannot understand that countries desire to join Nato (because they understand the Kremlin better than most Westerners); that ex-KGB Putin holding a candle once a year doesn't make him the grand protector of Christendom; that Russians are victims of this regime too; that this invasion was predicted by many (see Kasparov); etc etc... Then I really cannot take you serious anymore.


It's amazing how some people are so optimistic and self-confident that they are simply incapable of learning. Reis kept going for "easy money" and risky ventures until the end. Complete lack of moral character aside, he apparently never accepted that, given the way in which he approached things by cutting all sorts of corners, the fallout from his failing schemes kept destroying the gains from his successful schemes, both for himself and for others.


Really? If he was a (legit) serial entrepreneur we'd be lauding him for his grit here on HN. And he almost pulled off his final "fake it till you make it" unicorn scheme too: if he had wrested control over the Bank of Portugal, he could have retroactively legitimized everything he did.


First, at least his big scheme wasn't "fake it till you make it"; it was explicitly and intentionally criminal from the beginning.

Second, I doubt whether serial delusions of grandeur would be unanimously lauded on HN.


If he got the central bank I would find it very amusing

He would just need to stop there and focus on managing the central bank instead of A&M bank

Although A&M bank could have become one of the most respected investment banks given its connection.

Almost all of which have similar origins (and ongoing operations) in something lucrative and unsavory.

So you either win or you lose. He lost after being so close to winning. My lack of admonishment comes from my main observation that he could have stopped before starting A&M bank and been indistinguishable from any other well off person. He was a respected business leader at the time.


He got 2/3 of the shares necessary for gaining control. The Bank of Portugal was the only one who could prosecute money forgery and it was being acquired with forged money. This guy was a hacker.

I doubt he would have succeeded nevertheless. In the end the law was changed to apply to him retroactively, which was unconstitutional (and I'm sure it's still unconstitutional on most parts of the world), and that only to give him more sentence time. He would have been removed from the bank, one way or another.


When looking at other large investment banks, I think he would have succeeded

Whether it was HSBC’s opium trading

Or JP Morgan Chase’s fraudulent securities offering for a water company that decided to operate as a bank

There are lots of examples of maneuvering towards legal legitimacy

It really just depends on where your ambitions lie and what consequences you are willing to risk.

(note: all those banks are now results of many mergers and hardly represent their oldest branches)


Pls, tell us the answer.


War ain't over. Next week I'm going to plant a few rows of potatoes as a supporting food.


Way ahead of you.


+1 pls tell us more :-)))))


Not as an investment vehicle but as a savings vehicle: it did better than the average 800-year old bond or 800-year old company share. Numismatic premium aside; the gold maintained its value throughout war, tyranny and pestilence. It would presumably also survive a G8 summit ordering major internet providers to block port 8333.


In England 800 years ago, an ounce of gold was worth about 6 months unskilled labor.[1][2] Today, it's worth about 3.5 weeks.

In the past century, gold has underperformed U.S. equities and has not, in any case, held its value very well. It's been quite volatile, e.g. falling 30% in 2013.

The article doesn't say how much gold this coin contains, but its value is essentially 100% numismatic.

[1] https://www.thebalance.com/gold-price-history-3305646

[2] https://thehistoryofengland.co.uk/resource/medieval-prices-a...


Imagining a digital arms race where crypto transactions are hidden in images using steganography


...some of which claim to be eye witness accounts, being weirdly restrained in describing the highly miraculous, placing these miracles against a backdrop of great received wisdom and mundane details, all the while sounding as if they actually have the personal backgrounds, sources and motives they claim to have.


No it's actually two book reviews, mixed up with the reviewer's own convoluted and confused mind map regarding the words "Catholic" and "CIA".


This article seems to be coming from 5 directions at once and I genuinely fail to bring it all together. I see a huge enumeration of various catholic laypeople. Do these people represent the supernatural Catholic Church, the Vatican or the magisterium? And who are these “right-wing bishops appointed by Popes John Paul II and Benedict”? Are there many of these or just a few? What is their exact relationship to the CIA, if any? And how does Trump (following a peculiar “prosperity gospel”) fit into all of this? What is the relation to the Second Vatican Council? What is the connection between a Church Council and the CIA? Does being conservative in liturgical and theological issues make you a political right winger? Is it related to being “impervious to facts”? Could we replace “Catholic Church” with “Hollywood” or “shoe industry” and get a similar article? Help me out here.


It would have better reflected reality had the article included Sonya Sotomayor in the list of Catholic Supreme Court justices.


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