Breaking news, updates, and reports on current events.
“I’ll start with the principles I’ve come to believe…based on everything I’ve learned and experienced through my past actions as a Twitter co-founder and lead: Social media must be resilient to corporate and government control. Only the original author may remove content they produce. Moderation is best implemented by algorithmic choice. The Twitter when I … Read more
Top Comment on Part 1: If the lenders are forced to keep their assets (contracts) in old currency, and the borrowers allowed to convert their assets (cash) into new currency, then the logical outcome will simply be to raise interest rates on the loans to match the devaluation of the old currency against the new … Read more
https://twitter.com/VictorMacNamar2/status/1603060188084404228
h/t JPowsSecretlover
JARED BLIKRE: Welcome back. As we announced last week, Costco is Yahoo Finance’s Best Company of the Year. But what about our Worst Company of the Year? To discuss, we’re joined by Senior Columnist Rick Newman and Senior Autos Reporter Pras Subramanian. I guess the beans have been spilled here, so I can just let it … Read more
Another crypto drama might be looming on the horizon, even bigger than the continuing FTX-related one. Customers are moving their money from Binance, concerned about the safety of their assets amid the fuss caused by the recent audit gone wrong. The world’s biggest crypto exchange platform failed to prove the effectiveness of its internal financial … Read more
by tvfanatic1337 Don’t forget that Elon has $100B worth of Tesla shares as collateral for his own personal loans!! There is a very real risk that he gets liquidated out of his 25% Tesla position, creating a panic and a BANK RUN on $TSLA stock if fear/contagion set in. Elon’s personal loans will become insolvent … Read more
How is it that someone who received cash from FTX can oversee the hearing on FTX? Seems like old Maxine Waters wants to get this over with ASAP! Lmfao Rep. Maxine Waters tried to end the FTX hearing before Rep. @Lancegooden got a chance to question the witnesses, who had to remind her that all … Read more
The Fed forecast that it would keep rates higher through 2023, with no reductions until 2024. h/t Guysmarket
n 2018, a typhoon stranded thousands of people at Kansai International Airport, near Osaka, Japan. Among them were some tourists from Taiwan. Normally, this story might not have had much political meaning. But a few hours into the incident, an obscure Taiwanese news website began reporting on what it said was the failure of Taiwanese … Read more
by Chris Black I mean, this is who we are, right? Love, forever more. 💕 pic.twitter.com/sg8DGGCRlw — Jill Biden Archived (@FLOTUS46Archive) December 14, 2022 America is a democracy, and our values are ramming things into your butt. There’s no other way to put it (no pun intended). This shitshow was in celebration of Joe Biden … Read more
BREAKING: US Political Misinfo Twitter Detection AI List Thread Below ⬇️ — Kristen Ruby (@sparklingruby) December 12, 2022 1. I have obtained exclusive access to documents that have never been publicly revealed. The information I am about to share with you has never been released. This information is of public concern and the below thread … Read more
Liberals struggle to find viable Twitter alternative after Musk takeover. Some of Twitter’s disaffected have closed their accounts. Many more have kept their Twitter handles while adopting new ones on other sites, thronging the virtual gates of previously unheralded platforms Mastodon, Hive and Post. Now, social media colonists are laboring to rebuild their networks on … Read more
Fauci's net worth increased $5 MILLION during the pandemic. He got FILTHY RICH while FORCING you to stay LOCKED in your home! How many families did this man BANKRUPT? This is going to be FULLY INVESTIGATED! CON-MAN OF THE CENTURY! — Ronny Jackson (@RonnyJacksonTX) December 13, 2022
Blatant corruption across the board.https://t.co/Zj1ennrtmU — Stevestrange 🕉☯️ (@Scubadadoo) December 13, 2022
By Graham Summers, MBA The Fed will end its two-day Federal Open Market Committee (FOMC) meeting today at 2PM East Standard Time. The known universe expects the Fed to raise rates by 0.5%. And the current consensus is that by this time next year, inflation will be down near 2%. It’d be hilarious if it didn’t … Read more
Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, Nouriel Roubini, a former advisor to the International Monetary Fund and member of President Clinton’s Council of Economic Advisors, was one of the few “mainstream” economists to predict the collapse of the housing bubble. Now Roubini is warning that the staggering amounts of … Read more
Guest post by Leo Hohmann from his blog: The Central Bank of Nigeria announced it will begin, effective in January, restricting cash withdrawals from banks and ATMs to just $45 per day as part of a push to move the country toward a cashless economy. If this were a one-off, I wouldn’t bother writing about it. … Read more
by dollarcollapse Wall Street amazes me. Despite the current economic situation those at the Big Banks on Wall Street seem to think their words will just magically create financial stability for all but, this is what’s happening. The Federal Reserve’s recent interest rate hikes and pivot towards a more hawkish monetary policy have caused Wall Street … Read more
