{"id":62827,"date":"2020-09-05T02:15:52","date_gmt":"2020-09-05T09:15:52","guid":{"rendered":"https:\/\/lenpenzo.com\/blog\/?p=62827"},"modified":"2020-09-08T06:38:45","modified_gmt":"2020-09-08T13:38:45","slug":"black-coffee-5-sep-2020","status":"publish","type":"post","link":"https:\/\/lenpenzo.com\/blog\/id62827-black-coffee-5-sep-2020.html","title":{"rendered":"Black Coffee: Close Enough for Government Work"},"content":{"rendered":"

\"\"It’s time to sit back, relax and enjoy a little joe …<\/em><\/p>\n

Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what’s been going on in the world of money and personal finance.<\/p>\n

The Labor Day weekend is here! But it’s hard to believe summer is almost over. I hope you all have a thoroughly enjoyable holiday.<\/p>\n

And with that, let’s get to this week’s financial commentary …<\/p>\n

The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.<\/em><\/p><\/blockquote>\n

— Winston Churchill<\/strong><\/p>\n

A nickel ain’t worth a dime anymore.<\/em><\/p><\/blockquote>\n

— Yogi Berra<\/strong><\/p>\n

Credits and Debits<\/strong><\/p>\n

Debit:<\/strong><\/span> Did you see this? Having exhausted all other options, the People’s Socialist Paradise of Venezuela is hoping that gold mining will extricate the country from economic ruin<\/a>. In fact, the country has tripled its gold mining operations in the last year by pushing into protected areas of the Amazon. Yes, it’s an environmental tragedy. But, in Venezuela’s defense, they wouldn’t be taking such drastic measures if the Incas were still around. So there’s that.<\/p>\n

\n

My million Bolivars only buys 1 roll of toilet paper. pic.twitter.com\/7VB5RMn5qF<\/a><\/p>\n

David Rader (@DavidARader) September 1, 2020<\/a><\/p><\/blockquote>\n