Korea has blocked accounts with less than 30m KRW ($25000) to invest in domestic and foreign leverage ETF starting from today

Responses on social media vary. Some say it's necessary to curb excessive leverage. Others say that once again the opportunity to make fortunes are closed off to the poor

What do you think?

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JUST IN: The U.S. 30-year Treasury yield climbed to 5.27%, its highest level since 2007.

Bond yields jumped as rising oil prices increased inflation fears and raised expectations that the Federal Reserve could hike interest rates this autumn.

Higher yields can make mortgages, car loans and other borrowing more expensive.

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THE SCIENCE: Fauci knew COVID boosters put young men at risk of myocarditis and pushed for requiring them to take boosters despite the fact that he knew they were at almost ZERO risk from the virus

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NEW: El Salvador has issued 1,048-year sentences to some gang members convicted of drug trafficking, money laundering, and other crimes.

The sentences come as President Nayib Bukele continues to wage war on criminals.

Over 90,000 people have been detained in just four years after the state of emergency was adopted in March 2022.

Remarkable.

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800 million people were lifted out of extreme poverty in China thanks to a little bit of capitalism.

Central planning doesn’t work. At least Deng Xiaoping saw Mao’s catastrophic blunders and understood that. Which is why when he took power, he ripped out the collectivized economy by the roots.
>let farmers work their own plots and sell what they grew instead of farming for the state (food production soared almost overnight)
>carved out Special Economic Zones like Shenzhen where foreign capital could operate under different rules than the rest of communist China
> poverty crashed from nearly 90% in 1981 to under 4% by 2016

On his Southern Tour in 1992, Deng told CCP officials “to get rich is glorious.”

He was right btw. And it is best done through private property and free markets.

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This is what suicidal empathy looks like in Spain

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Pentagon stealth fighter DESTROYED in ‘MISHAP’ at California base

⚡️ $109 MILLION F-35 CRASHES in CALIFORNIA — burned-out wreckage SMOLDERS

Spanish leftist media: “They’re just women and children who want a better life”

The women and children:

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Things we’ve done at China Lake since the 30s