The Insanity of Bitcoin & CBDC

by Martin Armstrong QUESTION: Just about every Bitcoin advocate says you are wrong and Bitcoin cannot be stopped. Yet, it seems they are dreaming. Here in Europe, we are already restrained by the maximum cash transaction is €1000. You maintainer that cryptocurrencies will be outlawed or seized? HT https://www.armstrongeconomics.com/wp-content/uploads/2023/05/LaGarde-Digital-Currency.mp4 ANSWER: Yes. Here is Lagard on digital currency. … Read more

Remember when the SEC banned short sales on ~1,000 financial stocks on September 19th, 2008, and then the S&P 500 index fell ~50%?

by TonyLiberty The SEC banned short sales on ~1,000 financial stocks on September 19th, 2008. The SEC’s ban on short selling was intended to prevent investors from driving down the prices of financial stocks by shorting them. But, the S&P 500 index fell ~50% to its lowest point in the months following the ban. Regulatory … Read more

Bernard B. Kerik: ‘Who is going to financially support these people? The American taxpayer! I don’t give a damn what party you are in, this is f*cking wrong!’

This invasion of the US is authorized by @JoeBiden’s @WhiteHouse and being supported by @SenSchumer @SpeakerPelosi and the @TheDemocrats @HouseDemocrats @SenateDems Who is going to financially support these people? The American taxpayer! I don’t give a damn what party you are… pic.twitter.com/rswBO0vPCj — Bernard B. Kerik (@BernardKerik) May 8, 2023 President Biden created this crisis, … Read more

‘Doesn’t matter: the CIA’s pre-election lies spread by the media was a historic journalistic scandal, so they can never admit it.’

What POLITICO is doing here is as transparent as it is deceitful. Even liberal corporate outlets – NYT, WP, CNN, CBS – now admit they authenticated the Biden laptop. But POLITICO – the first to spread the lie – can't admit this or else they'd be forced to retract their story. https://t.co/2vhb91wgVN — Glenn Greenwald … Read more

China is trying to protect its economy from sanctions.

https://t.co/re3BPr3NTj — Win Smart, CFA (@WinfieldSmart) May 7, 2023 Central Bank Gold Buying Off To A Record-Breaking Start In 2023, Led By Singapore https://t.co/a8b3N4xwUz — zerohedge (@zerohedge) May 8, 2023 Central Bank Gold Buying Sets First Quarter Record @schiffgold https://t.co/lw3krosp0j — Peter Schiff (@PeterSchiff) May 8, 2023

Rockland County declares state of emergency ahead of expected arrival of asylum seekers from New York City

ORANGEBURG, N.Y. — A state of emergency has been declared in Rockland County. It comes ahead of the expected arrival of hundreds of asylum seekers from New York City. Rockland County officials say nearly 400 men will be staying at Armoni Inn and Suites in Orangeburg. County Executive Ed Day is blasting the plan, saying … Read more

US data with Chinese Characteristics: It has been an amazing streak of employment beats. It almost seems that someone is manipulating the data to support a political agenda.

It has been an #amazing streak of #employment beats.It almost seems that someone is manipulating the data to support a #political agenda.But that would just be #crazytalk. h/t @thedailyshot pic.twitter.com/Y81yjGAaHH — Lance Roberts (@LanceRoberts) May 8, 2023

WAY TO GO, RUPERT:

MSNBC Tops Fox News in Primetime Ratings After Tucker Carlson Exit. Fox News continued to see a decline in ratings on Monday after using a new host, coming a week after it was announced Tucker Carlson is departing the network. In turn, left-leaning outlet MSNBC’s primetime ratings prevailed over Fox News on Monday, May 1, … Read more