Month: February 2022

Cold War coming off ice

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by squidsqwab In this article by WSJ. Germany are stepping up their military spending by 100 billion USD. More than 2% of their GDP, an historic shift in stance. They plan to “finance the building of two liquefied natural gas import terminals on the country’s northern coast.” – halting reliance on Russian supply. “Mr. Scholz also announced … Read more

Norwegian state pension fund will liquidate all their investments (totalling $3 billion USD) from Russian stock market

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Just announced on a press conference by the Norwegian government. Sources: https://www.vgtv.no/video/233573/direkte-siste-fra-krigen-i-ukraina https://borsen.dagbladet.no/studio/borsenstudio/608?post=86622 Edit (28.02.22 00:26 GMT+1): Russian central bank has ordered block on foreign clients’ bids to sell Russian securities. Source: https://www.reuters.com/business/russian-cbank-orders-block-foreign-clients-bids-sell-russian-securities-document-2022-02-27/     h/t  andrerav

All of the crypto platforms that everyone uses, goes against everything that they supposedly stand for. But they’ll still use them. Trust, don’t verify.

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Huh, that’s funny. All of the crypto platforms that everyone uses, goes against everything that they supposedly stand for. But they’ll still use them. Trust, don’t verify. pic.twitter.com/MXztu0eiBH — Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺 (@Bitfinexed) February 27, 2022

With the level of global disorder at extremes, some world leader is going to make a mistake & initiate the next bloody chapter of this Crisis….

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https://twitter.com/burningplat/status/1498284767703404545 RUSSIAN CENBANK: SAYS FOREIGN COUNTERPARTS CAN ALSO CONNECT TO RUSSIAN ALTERNATIVE TO SWIFT https://t.co/53brrbPefq — First Squawk (@FirstSquawk) February 28, 2022 Payments: Russian banks may boost renminbi’s status via China’s ‘Swift’ https://t.co/9xydSeK4kP | opinion — Financial Times (@FT) February 28, 2022 US steps up sanctions in effort to cripple Russia’s financial system https://t.co/jH5V19Mn7x pic.twitter.com/5fYpdKQVDU … Read more

Why So Few See the Last Chance to Exit

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by Charles Hugh-Smith When the crash can no longer be denied, the drop is widely recognized as having been obvious and inevitable.. The last chance to exit is well-known in stock trading circles, but the concept can be applied much more broadly. The basic dynamic at work is a mismatch between the fundamentals (i.e. the real world) … Read more