CEO Arvind Krishna’s comments paint an ominous picture for more than just IBM, whose shares dropped 25% Tuesday, wiping out $70 billion in market value.
The US paid out $26 billion more in refunds than it collected in June after a February Supreme Court decision struck down most of the Trump administration’s levies, contributing to a widening $120 billion monthly deficit.
Much of the time, it seems as if the war machine runs on auto-pilot. Indeed, the United States has been engaged in warfare for almost the entirety of our 250 year history. It feels overwhelming to most people to attempt to intervene, yet we are all involved, as our tax dollars feed endless wars, interventions, [...]
The wealthy got the ultimate regulatory carve-out for when this bubble pops.
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