Bitcoin passed $8000 ..
In Zimbabwe, it’s trading around $13,499.
The people of Venezuela and Zimbabwe have figured out what the Americans still have not; that money does not grow on trees, and that the full faith and credit of a government is only as good as its ability to continue to deliver on, and pay for, promises expected of it.
Apparently, MoviePass is the latest fad that financially illiterate millennials are into. Which is ironic, because the people that are signing up for MoviePass are the same people that claim to care about the movie and movie theater industry.
“AMC also believes that promising essentially unlimited first-run movie content at a price below $10 per month over time will not provide sufficient revenue to operate quality theatres nor will it produce enough income to provide film makers with sufficient incentive to make great new movies.”
http://investor.amctheatres.com/file/Index?KeyFile=389925821
“This influx of capital has allowed MoviePass to continue to subsidize the cost of this subscription to the benefit of pass holders, though obviously not profitability at this point. It’s operating in the red while it focuses on growing subscribers.”
https://finance.yahoo.com/news/moviepass-drops-pricing-under-7-165817738.html
“About $5 million would go towards acquiring the remaining interest in unprofitable MoviePass, a movie theater subscription founded by Netflix co-founder Mitch Lowe.”
Personally, as a non-aficionado, I think it’s funny.
$152.79 for a 2 year old for a shitty Bronze EPO (not even a PPO) plan, with a $4800 deductible, and a $6550 out of pocket maximum.
I get to spend at least $1,833.48 on premiums every year, even If I don’t use the insurance, and up to $8,383.48 each year, before the Insurance picks up the rest.
I used to spend $60 a month ($720 annually) for myself, a much more liable 32 year old, with a $4500 out of pocket maximum, and considered “that” to be expensive. 🙄
This is so ridiculous.
It’s really unfortunate that Obamacare doesn’t cover its supporters’ retardedness.
In light of the fact that the entire government is filled with predators, I move that we disband the state.
I checked Obama’s birth certificate again, and sure enough, it has Roy Moore’s signature on it.
But upon closer inspection, I quickly realized it’s a fake, since this shows Hawaii as his place of birth, and we all already know that Obama was born in Kenya.
The next big short.
They just released a new ETF shorting retail stores with the symbol EMTY; because the stores are all empty.
🤣
Unfortunately, nothing off the shelf worked.
Let’s see if I can’t bump it up a notch to shut that dog up.
