On Wire

Breaking news, updates, and reports on current events.

Beijing Locks Down More

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Chinese state media on Sunday reported more lockdowns and mass testing programs in Beijing neighborhoods as the first group of athletes and staff arrived at the Olympic village. The Winter Games, dubbed the “Genocide Games” by human rights activists to highlight the Chinese regime’s atrocities, are now less than two weeks away. “Beijing beefed up … Read more

Universities’ Last Leg Collapsing

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Universities are dying. They have long ceased being the best way to gain knowledge. More recently, the degrees they confer have ceased being the best way to signal employability; the only exception being jobs that legally require them. (Such jobs are increasingly stodgy, unattractive, bureaucratic, backwards, and subservient to tyrannical governments). The final leg universities … Read more

Supreme Court Accepts Case — Dems Are Freaking Out

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In 2016, the court ruled 4–3 in support of the University of Texas admissions program in the face of a challenge made by a white woman. Since that time, the court has changed due to appointments made by then-President Donald Trump, including three conservative justices. Justice Ruth Bader Ginsburg died in 2020, and Justice Anthony Kennedy … Read more

Neil Young threatens to pull songs off Spotify over Joe Rogan

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Rolling Stone, which first reported on Young’s letter, reported that the post has since been deleted. Young reportedly wrote in the letter that he wants Spotify to “know immediately TODAY that I want all my music off their platform.” “They can have [Joe] Rogan or Young,” he reportedly posted. “Not both.” https://www.foxbusiness.com/media/neil-young-songs-spotify-joe-rogan

Driver who stopped to help in monkey accident, feeling bad, CDC urges anyone in contact with the macaques to seek medical attention.

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Driver who stopped to help when truck carrying 100 lab monkeys crashed in Pennsylvania and put her hand in one of the cages says she now has a cough and pink eye: CDC urges anyone in contact with the macaques to seek medical attention. A truck carrying around 100 monkeys that crashed in Pennsylvania is … Read more

Market Has Never Plunged 10% This Fast to Start Year… Strategists Predict Trouble After Massive U-Turn…

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The S&P 500 has dropped 11% — heading toward what would count as a correction — so far this year. That’s the most on record at this juncture, according to Bloomberg data that goes back over nine decades, though drawdowns have been faster in prior years before quick rebounds, most notably in 2009. The downturn … Read more

Jim Rogers 2022- The Worst Bear Market is Coming

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Highlights from the interview: Is this going to be the #WorstBearMarket in history? Is there anything the Federal Reserve can do about it? Will they be able to avoid a major bear market if they cease printing money? Is there anything we can do about the alarming developments in China’s real estate market, as well … Read more

2019 Repo Madness Bailouts Were Over $19 Trillion? The Fed Bailed Out Japanese Banks For Trillions?

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More truth about the 2019 Repo Madness Bailouts: The real number was over $19 trillion in bailouts? The Fed also bailed out a Japanese investment bank, Nomura Securities, for almost $4 trillion back in 2019 because the Japanese bank borrowed from repo to make leveraged bets on bonds, OTC derivatives, etc and then could not … Read more

IMF: “Global growth slows as economies grapple with supply disruptions, higher inflation, record debt and persistent uncertainty.”

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IMF warns of ‘multiple challenges’ to global economic recovery https://t.co/cgINC42IEJ — Financial Times (@FT) January 25, 2022 The #IMF just released the #WEO update (link).Under the label of "A disrupted Economic #Recovery," and per #FDMD @GitaGopinath, global "growth slows as economies grapple with supply disruptions, higher #inflation, record #debt and persistent uncertainty."https://t.co/AUOuXuZzji pic.twitter.com/nrrkaV9CFQ — Mohamed … Read more

Cohort of non-profitable tech stocks is in its worst drawdown since inception … group has been more than cut in half from peak

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Think that’s bad? Look at SPAChttps://t.co/nZoRHDfCZ9 — Disruptor ⚡️ (@DisruptorStocks) January 25, 2022 ARK Changes How Its Innovation Fund's Returns Show Up On Its Website https://t.co/wpp6Fpv3UC — zerohedge (@zerohedge) January 25, 2022 #TeslaStock $TSLA #MemeStocks#Bitcoin #BitcoinCrash #cryptocurrencies #cryptocrash https://t.co/neSPO9xbYV — Invariant Perspective (@InvariantPersp1) January 25, 2022

Combined marketcap of stablecoins in the top100

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by Tr0llhasseL King Tether: 78.3B USDC: 48.28B BUSD: 14.1B TerraUSD: 11.16B DAI: 9.66B TrueUSD: 1.43B PAX: 0.95B Combined market cap: 164.18 Billion stable coin dollars. Totally backed by real money and assets. For comparison: The international space station cost 150 billion dollars.