The Celsius Defi Ponzi scheme appears to be collapsing in a bank run. (Bad for butters, but also Canada’s second largest pension fund invested millions into it last year. )

by DontMicrowaveCats Celsius is yet another Defi ponzi scheme lending program. Put in your stablecoins, get a high return indefinitely like a perpetual money machine. They offer up to 18% returns on tokens. https://celsius.network/earn Sometime around the Terra/Luna collapse a wave …

READ MORE

No, Inflation Did Not Ease in April and I Have the Receipts (the official lies and distortions just keep coming)

by Boo_Randy https://pjmedia.com/vodkapundit/2022/05/27/no-inflation-did-not-ease-in-april-and-i-have-the-receipts-n1601423 Good news, comrades! Your inflation ration for April decreased for the first time in a year — but only if you compare it to last April’s “unexpectedly” high inflation rate. The Wall Street Journal, where people used to …

READ MORE

Gas Hits Staggering $4.60 Average

Gas prices reached a nationwide average of $4.60 per gallon on Thursday as they maintain an upward climb with record-setting prices each day for more than two weeks straight, according to AAA’s gas tracker. Diesel fuel, critical for tankers, trains, …

READ MORE

How a crypto crash could spread to Treasury bonds and other fixed-income securities

by Boo_Randy Looks like its dawning on the Powers that Be that a crypto crash could spread contagion throughout the financial system. Moms, start preparing your basements for when your lil’ baggies move back in. https://www.marketwatch.com/story/how-a-crypto-crash-could-spread-to-treasury-bonds-and-other-fixed-income-securities-11653639671?mod=mw_latestnews A cryptocurrency crash could …

READ MORE

FINRA Alert! Notice of Filing of a Proposed Rule Change to Amend FINRA Rule 6730 to Enhance TRACE Reporting Obligations for U.S. Treasury Securities.

by Dismal-Jellyfish Source (pdf) Notice of Filing of a Proposed Rule Change to Amend FINRA Rule 6730 to Enhance TRACE Reporting Obligations for U.S. Treasury SecuritiesComments due: 21 days after publication in the Federal RegisterAdditional Materials: Exhibit 2a, Exhibit 2b, Exhibit 2c, Exhibit 5 Submit Comments on …

READ MORE

It’s Real! Dark MAGA Incoming

by Chris Black Just imagine the power levels of low black unemployment when Dark MAGA is completely unleashed. NOW – Trump: Texas shooter "will burn in the fires of hell."pic.twitter.com/DR18HaJISu — Disclose.tv (@disclosetv) May 27, 2022

Study: More Refugees = More Crime

by Chris Black I am shocked to my core. The Syrian refugee influx into Turkey increased crime wherever large numbers of refugees went, and at a rate higher than low-educated Turks themselves. https://t.co/iWvyKf45nV — Lyman Stone 石來民 🦬🦬🦬 (@lymanstoneky) May …

READ MORE

The Police are Not Your Friends

by Chris Black During the Uvalde school shooting in Texas parents showed up with guns and attempted to enter the building. Not only did cops with long guns have their tasers out, ready to stop parents from saving their own …

READ MORE

Beijing On Lockdown, 11m Residents Work From Home

While Shanghai remains under lockdown, the outbreak continues to worsen in Beijing. Authorities are escalating their controls. Many neighborhoods have adopted closed management. Couriers and delivery workers are prohibited from entering. Beijing has a total of 16 administrative districts with …

READ MORE

Rug Pal #ETH Crushed

Rug Pal #ETH Crushed https://t.co/AdAn0mrxQO — Keith McCullough (@KeithMcCullough) May 27, 2022 Tether has been off the peg for so long that they now have a blog post redefining what an asset peg means so that people stop asking them …

READ MORE

PCE has lowered YoY.. without food and energy.. who gives a sh*t about these things. 1 in 3 Americans say gas prices forced them to change or cancel Memorial Day plans.

U.S. inflation rate slows to 6.3%, Fed-favored PCE gauge shows, in a sign that price pressures could be peaking https://twitter.com/TommyPigott/status/1530248166070702082 https://twitter.com/Iron_Mick777/status/1530173128810418176 https://twitter.com/Iron_Mick777/status/1530174049002958848 Joe Biden wants Americans to buy an electric car, but two-thirds of the United States is expected to …

READ MORE