On Wire

Breaking news, updates, and reports on current events.

“It’s Like The Early Days Of The Internet” The biggest lie in cryptocurrency, peddled by the biggest names in tech. – by Ed Zitron

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Renowned tech reporter and Elon Musk apologist Kara Swisher received vast amounts of flack this week for defending her podcast co-host Scott Galloway’s crypto-shilling advertisement, using the least-rigorous argument that the crypto world has: https://twitter.com/karaswisher/status/1528533392266076160 Writer and friend of the newsletter David Gerard dug into the company in question, one that invests your retirement in cryptocurrencies, including Axie Infinity’s … Read more

Do Kwon, the founder of collapsed #Terra (#LUNA) ecosystem, has lost an appeal attempting to block the honouring of subpoenas by the #SEC over an ongoing investigation into the Mirror Protocol. The U.S. Second Circuit rejected the appeal in favor of SEC.

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🚨 BREAKING: Do Kwon, the founder of collapsed #Terra (#LUNA) ecosystem, has lost an appeal attempting to block the honouring of subpoenas by the #SEC over an ongoing investigation into the Mirror Protocol. The U.S. Second Circuit rejected the appeal in favor of SEC. pic.twitter.com/LvFXardyQB — WallStreetPro (@wallstreetpro) June 9, 2022

China Is Literally Having An Olde Fashioned Run On The Bank And Nobody Cares

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by TheRealJugger Quick rundown: -Way over levered corrupt housing developers literally imploding the property market -Massive currency devaluation -Complete 2020 style shutdown of the economy Now, people are reporting the inability to withdraw cash from banks triggering a run. All the while lockdowns are being reported and shit is going bananas. RUNS ON CHINESE Local … Read more

The Energy Crisis is Just Beginning

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Doug Casey on Palisades Gold Radio Tom welcomes back a man who should need no introduction, Doug Casey. Doug is a libertarian philosopher, speculator, and author. To subscribe to our newsletter and get notified of new shows, please visit http://palisadesradio.ca Palisades is also available on Odysee and Rumble Doug believes the economy is on the ragged edge … Read more

POLL: Biden approval sinks to 22% among young adults, 24% among Hispanics…. Tulsi Gabbard: Biden Admin lives in a Fantasy World

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The survey, conducted June 3-6, found that 22% of Americans ages 18-34 approve of Biden’s performance — the lowest rating of any age group. Just 24% of Hispanic voters and 49% of black voters said they approve of Biden’s work. Although elected with the most votes in US history, Biden’s support cratered about seven months into … Read more

Rick Ackerman: US Housing Implosion About to Start

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Howe Street, Released on 6/9/22 Rick Ackerman is the editor and publisher of Rick’s Picks, an online service for traders from novice to expert. He has been trading himself for more than 40 years, a dozen of them as an options market-maker on the floor of Pacific Stock Exchange. CNBC and Bloomberg have featured his work, … Read more

Why Is Inflation Suddenly a Big Topic?

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by Chris Black I mean, we had inflation since the (((Federal Reserve))) came into being  back in 1913. The US Dollar lost something like 97% of its purchasing power since. So why is inflation such a big deal now? The goal of the current round of inflation is to rid the world of independent small … Read more