Month: June 2022
Turkey agrees to back Finland and Swedens bid to join NATO
Sweden and Finland look poised to join NATO after Turkey agreed to drop a block on the Nordic countries’ application. A memorandum signed by the three nations follows talks between their leaders at a NATO summit in Madrid and ends what appeared to be the key obstruction to the Nordic neighbours’ accession process. A statement … Read more
‘YOU take YOUR seat’: Very specific cheat sheet reminds Biden how to act
President Biden on Thursday inadvertently held up a comically detailed cheat sheet prepared by his staff instructing the gaffe-prone leader of the free world to “take YOUR seat” and to limit his remarks to “2 minutes.” A photographer snapped an image of the document when Biden held it up backward at a meeting with wind … Read more
One of the most prominent crypto hedge funds just defaulted on a $670 million loan
by Boo_Randy That’s gonna leave a mark. https://www.cnbc.com/2022/06/27/three-arrows-capital-crypto-hedge-fund-defaults-on-voyager-loan.html Prominent crypto hedge fund Three Arrows Capital has defaulted on a loan worth more than $670 million. Digital asset brokerage Voyager Digital issued a notice on Monday morning, stating that the fund failed to repay a loan of $350 million in the U.S. dollar-pegged stablecoin, USDC, and 15,250 bitcoin, worth … Read more
How is she so bad at this?? Kamala Harris Stumbles On Inflation
Dana Bash: “Inflation is really high. Are you concerned about a recession?” Kamala: “I think that there can be no higher priority than what we have been clear is our highest priority.”
Oh lord. This should really solve the inflation problem…
by SilverBoatSurfer Source: https://www.cbsnews.com/news/stimulus-check-california-inflation-relief-payments-23-million-up-to-1050/
Recession Rears Uglier Head Than Inflation
by Peter Schiff of Peter Schiff Podcast · Dow Jones just did something it hasn’t done since the great depression. · Rates in the UK and Japan headed higher. · Weakness and volatility in crypto markets. · Government moves to ban Juul vapes. · Jerome Powell uses politics as an excuse. FULL SHOW NOTES AND LINKS HERE
Bidenomics: Business Leader Optimism Record Low… Gas Stations Now Hold $175 When Swipe… July 4: Food Prices Up as Much as 36%!
Business leader optimism hits record low amid soaring inflation, labor shortages Business leaders’ confidence in the outlook of the economy has plummeted over the past year according to JPMorgan Chase, which found that optimism among executives of mid-sized firms has reached a record low as soaring inflation and labor shortages continue to take a … Read more
A $2 Trillion Free-Fall Rattles Crypto to the Core (fools & their money are soon parted)
by Boo_Randy True price discovery is not your friend, crypto baggies. https://finance.yahoo.com/news/2-trillion-free-fall-rattles-230033105.html (Bloomberg) — For a generation of alienated techies, crypto’s all-for-one ethos was its biggest draw. Now panic is spreading across this universe — and that same ethos is posing what may be the biggest threat yet to its survival. What started this year … Read more