Good Friday is today and Passover begins for all Jewish people and Christians. Israelites were liberated from the Egyptians 1447 B.C. In all the time for the Israelites they have never started a war, yet they are the most persecuted religious people on Earth. Move forward to WW2 and Hitler slaughtered over six million Jewish people. The horrific genocide of so many people leave us to wonder what kind of person or group would hate anyone for any reason to cause such horrific treatment of such a terrible act as Hitler did to these peaceful and prosperous people.
Elon Musk has put forth an offer to completely buy twitter for over 43 billion dollars. Finally, a man on a mission to make speech open to all people. However, it appears that two factions will prevent this hostile takeover. A, the Saudi prince who owns 6% of his stock refuses to sell his holdings, and finally, Vanguard has announced it has acquired over 10% of the stocks, about 1% more than Elon Musk’s 9.2% holding. However, Musk as announced that he has a backup plan, so on this holy day let us see what transpires.
Our economy with our high inflation has now caused what was a 2 1/2% 30-year floating rate has now risen to 5%. This means that its going to slow down our economy and make it harder on buyers who have floating rates, so here comes our recession and hopefully doesn’t become a permanent depression down the road.