It’s All Starting To Fall Apart — PENNSYLVANIA — Senate Chaos — Shouting — GOP Refuses To Swear In Democrats — Move To Recall Governor

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For more context on how it all played out:https://t.co/RBN4AayJPA — The Recount (@therecount) January 5, 2021 The dems are screaming as the patriots calmly vote to toss their lousy asses out.     “With this reckless, out-of-control, cowboy-like behavior, with this Trumpian behavior that we saw today from Republicans … this does not bode well. … Read more

Futures dont like the election results

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https://twitter.com/RetirementRight/status/1346635147462860800 https://twitter.com/RetirementRight/status/1346661365075701760 DEMOCRATS HAVE 65% CHANCE OF WINNING – NYT — FXHedge (@Fxhedgers) January 6, 2021 Stock-market futures slip, bond yield pops near 1% amid tight Georgia runoff races

GOP Rep. Buck Reveals the SAD Truth Behind Biden’s Relationship with Big Tech

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https://www.youtube.com/watch?v=YIWPXizaWqM Jeff Poor from Breitbart reports, Tuesday on FNC’s “Tucker Carlson Tonight,” Rep. Ken Buck (R-CO) warned Big Tech was making inroads into the incoming Biden administration, which he said could have policy repercussions given the tech companies spent big on the 2020 election cycle. Read More/Source/Credit/FairUse: https://www.breitbart.com/clips/2020/…

According to a Top Dem Lawmaker, This is How Nancy Pelosi will REACT to a Biden Agenda

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https://www.youtube.com/watch?v=O7eCCAQE_RU The Political Insider reports, Former Rep. Donna Edwards (D- MD) went on MSNBC on Tuesday to downplay the Democrats’ shrinking majority in the House, claiming that House Speaker Nancy Pelosi (D-CA) is so “masterful” that she will still easily be able to push through Joe Biden’s agenda. Read More/Source/Credit/FairUse: https://thepoliticalinsider.com/top-d…

First we stole your savings income, then we transferred all the wealth to the top 1% and now we’ll finish off the bottom 50% with inflation we’ll refuse to measure.

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https://twitter.com/NorthmanTrader/status/1346547452938170373 Both the U.S. dollar and Treasuries are selling off as commodity prices surge. As a weak dollar pushes commodity prices higher and bond prices lower, the Fed will print even more dollars to buy bonds to keep interest rates from rising. This will send U.S. consumer prices soaring. — Peter Schiff (@PeterSchiff) January 5, … Read more

Jeremy Grantham of GMO: “I believe this event will be recorded as one of the great bubbles of financial history, right along with the South Sea bubble, 1929, and 2000.”

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by essentialinvitation A very thought-provoking piece by Jeremy Grantham that I thought was worth of discussion on this subreddit: The long, long bull market since 2009 has finally matured into a fully-fledged epic bubble. Featuring extreme overvaluation, explosive price increases, frenzied issuance, and hysterically speculative investor behavior, I believe this event will be recorded as one of … Read more

Why are $RIOT and other bitcoin mining stocks overpriced?

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by pennyether I’ve spent the last week and a half researching bitcoin mining, looking at financials, purchase orders, equipment, making spreadsheets, etc. I don’t see any possible world where owning 10,000 mining units (and an order for another 25,000 to arrive by October) imputes a $1b+ valuation, especially when there will be close to 1,000,000 … Read more

US Treasury OCC will allow US banks to use public blockchains and stablecoins as a settlement infrastructure in the US financial system

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by sierratrading Breaking major news from US Treasury OCC, the largest US banking regulator, with new guidance allowing US banks to use public blockchains and dollar stablecoins as a settlement infrastructure in the US financial system. https://www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-2.html    

Velocity of M2 Money Stock

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It means we’re in deflationary spiral. The only reason everything is still sort of ok in the U.S. is because the rest of the world is in the same deflationary spiral, and it is currently driving down the value of the dollar. In a debt crisis, you don’t want to be the country where your currency … Read more

As euphoria on Wall Street sends stock prices to astronomical heights, Main Street remains in crisis, with roughly 8 million Americans joining the ranks of the poor since June.

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https://youtu.be/3-_1OEW-lQw Now, our country is essentially divided between those who patiently wait for some food in breadlines – after losing their ability to provide for themselves and, oftentimes, the roof over their heads – and those who sit comfortably at their own homes waiting for the meltdown to be over while discovering the joy of … Read more

Patrick Byrne: CHINESE SHIPPING RECEIPT has been recovered among hundreds of thousands of shredded ballots in Georgia

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In the possession of DHS Atlanta. — Patrick Byrne (@PatrickByrne) January 4, 2021 Wait…do they literally have the receipts? Almost sounds too convenient, but honestly the entire last half decade has been “too convenient” so at this point anything is possible. Whole thread: A printing shop in Michigan prints ballots for Delaware County, Pennsylvania and as Lancashire … Read more

IPO list 2021

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by EasternBearPower Borrowed from our colleagues. Finance: Robinhood Affirm Coinbase Ascensus Better.com Stripe Marqeta Games: Roblox AppLovin E-Commerce: Poshmark Instacart ThredUp Coupang Enterprise Tech: Intercom DarkTrace UiPath Digital Ocean Gitlab Data: DataBricks ThoughtSpot Intapp Social: Bumble Nextdoor Consumers: Squarespace Coursera Petco      

Shorting $DXY in a deep recession is like standing on the train rail and believing a train will not run over you. The slightest sign of the economy contracting again and everybody will flock to the USD for safety.

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https://twitter.com/MFHoz/status/1346510338158718980 BANKRUPTCY FILINGS pic.twitter.com/edqTuHm4Wg — Win Smart, CFA (@WinfieldSmart) January 5, 2021 https://twitter.com/MFHoz/status/1346504241729433605 Deflation.https://t.co/dd40vJCPn0 — Tracy Alloway (@tracyalloway) January 5, 2021 https://twitter.com/MFHoz/status/1346505823380533255 #recession … #Fed Pushing on a String edition#CPI #deflation 📉 https://t.co/Cl9a1ZyvLf — Invariant Perspective (@InvariantPersp1) January 5, 2021 “If history is any guide, unless there is substantial reform, we think the global economy … Read more