BRICS Development Bank abandons the US currency in favor of lending in LOCAL currencies

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BRICS New Development Bank breaks away from US dollar https://t.co/qnm8lSB2Ty — Gilda MorkertšŸ‰ā˜®ļøā¤ļøšŸ©µšŸŒŠ (@g_morkert) April 24, 2023 In a bold move that challenges the US-dominated World Bank, the New Development Bank (NDB), established by the BRICS group, embraces local currencies for its loans. NDB President Dilma Rousseff has confirmed that the bank plans to provide … Read more

US sovereign credit default swaps are soaring ahead of debt-ceiling showdown. Is this just hedging or are things about to get interesting?

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by OkIncident5269 Iā€™d hazard a guess that itā€™s hedging. There is wayyy to much money on the line if the USA has a sovereign debt crisis. As much of a bear as I am, there is no way they would let this happen. Although, considering this administrationā€™s track record, I could be wrongā€¦.

AOC Takes Victory Lap as Tucker Leaves Fox After She Accuses Him of Inciting Violence

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Rep. Alexandria Ocasio-Cortez (D-NY) did a victory lap on Twitter on Monday after news broke that Tucker Carlson was leaving the Fox News Channel ā€” a day after Ocasio-Cortez accused him of ā€œincitement of violence.ā€ Wow. https://t.co/1iDO2rX8U0 — Alexandria Ocasio-Cortez (@AOC) April 24, 2023 .@AOC: "When you look at what Tucker Carlson and some of … Read more

Federal Reserve Alert! Today, a CLOSED meeting of the Board of Governors of the Federal Reserve System was held under expedited procedures as it was determined that the public interest did not require opening the meeting. Matter Considered: advance and discount rates to be charged by the Fed banks.

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by Dismal-Jellyfish Quarterly Trends for Consolidated U.S. Banking Organizations 4th quarter 2022: Held-to-Maturity assets ~10% of assets. Remember, unrealized losses on availableā€“forā€“sale and held-to-maturity securities totaled $620 billion in the 4th quarter: Recipe for systemic stress for the broader banking system? The combination of a high level of longer-term asset maturities and a moderate decline … Read more

Weā€™re done with ā€œgraduallyā€. Weā€™ve now reached the ā€œsuddenlyā€ part

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by Simon Black By the summer of 1563, all of Britain had plunged into chaos over religion and the Reformation. King Henry VIII broke away from the Catholic church back in the 1530s, sparking a near civil war within the kingdom. Protestants killed Catholics, Catholics killed protestants, and extreme social tensions lasted for decades. Universities … Read more

The Great De-Dollarization Fraud of a Lifetime

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by Martin Armstrong COMMENT:Ā Marty; I was in a board meeting and I just wanted to let you know one guy who is there simply because his family had a stake in the company with zero worldly experience, started ranting about the end of the dollar he probably read on that biased _____________________. I asked this … Read more

The CEO of the Space Force Just Said We Are About to Go to War With Aliens

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by Chris Black I really hope he didnā€™t mean illegal aliens, as in war with Mexico. I mean, we have Russia and China to take care of first, then Mexico, then ā€œthem aliemsā€. Seriously, you canā€™t make this sh*t up: Iā€™m not saying itā€™s #AliensbutItā€™s #Aliens https://t.co/fr1Cs1TMjF — Mild & Lazy Guy (@mildandlazyguy) April 23, … Read more

All Cross Dressers are Mentally Ill

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by Chris Black There is no such thing as a transgender person.Ā  Using the language of psychopaths to help justify their delusions just makes them stronger in their belief that their lifestyle choice is normal. The agenda of these whack jobs is to claim that a man makes a better woman than a biological woman.Ā  … Read more

Experts Announce New Coronavirus Variant ā€œArcturusā€ Spreads

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by Chris Black Why havenā€™t we had a new variant, you asked? Donā€™t worry, we got this fam! BREAKINGhttps://t.co/Crg7EYNv6w — The Independent (@Independent) April 24, 2023 Theyā€™ve added conjunctivitis as a symptom now. Eventually, all diseases will be a coronavirus symptom. The new #Covid variant – #Arcturus a subvariant of Omicron. symptoms include-> shortness of … Read more

San Francisco Target Locks Down Entire Inventory Because of Shoplifting Crisis

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by Chris Black Utopia, here we come! Untold Truth: The crime is so out of control in The U.S. Target grocery store now lock groceries into cages to protect their goods. This is a (Target store) in San Francisco šŸ‡ŗšŸ‡². The American dream packed up and moved to China. pic.twitter.com/33ZUWioF06 — Gerhardt vd Merwe (@realgerhardtvdm) … Read more

Credit Suisse borrowed far more from a central bank liquidity backstop than previously known. Who would have guessed?

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Credit Suisse Group AG reported 61.2 billion francs ($69 billion) of outflows in the first quarter and took a large writedown at its wealth management unit, underscoring the challenge for UBS Group AG in retaining key clients and assets after the emergency takeover of its biggest rival. The Swiss bank lost more than 200 billion … Read more

19 new countries submit membership requests to join BRICS, challenging the US dollar’s global dominance.

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BREAKING: 19 new countries submit membership requests to join BRICS, challenging the US dollar's global dominance. — Win Smart, CFA (@WinfieldSmart) April 24, 2023 https://t.co/Ohwsf2DATH — Win Smart, CFA (@WinfieldSmart) April 24, 2023 Let's go brandon pic.twitter.com/fwlbtsbCvB — zerohedge (@zerohedge) April 24, 2023

Monday Media Purge

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Don Lemonā€™s statement about this morningā€™s events is inaccurate. He was offered an opportunity to meet with management but instead released a statement on Twitter. — CNN Communications (@CNNPR) April 24, 2023 https://twitter.com/_/status/1650533617636966400 This is Tucker's final speech before being fired at Fox — basically calling the American ruling class evil. https://t.co/N4Wz2vkyog — The_Real_Fly (@The_Real_Fly) … Read more