Terra’s LUNA 2.0 crashes 88% after the airdrop

by Boo_Randy More fools getting separated from their money in the imaginary currency space. https://www.fxstreet.com/cryptocurrencies/news/breaking-terras-luna-20-crashes-86-after-the-airdrop-202205281723 Terra has successfully distributed the new LUNA tokens to market participants who held LUNA Classic (LUNAC) and TerraUSD (UST). Data from cryptocurrency exchange Bybt shows that LUNA opened at $0.5 and, within a few minutes, surged to a high of $30 before plummeting by more than … Read more

Several Chinese local banks freeze deposits, triggering protests

by Boo_Randy If you don’t hold it, you don’t own it: China edition. $1.5bn from 1m customers locked after lenders operated outside their region https://asia.nikkei.com/Business/Finance/Several-Chinese-local-banks-freeze-deposits-triggering-protests SHANGHAI — Protests have broken out in China after several regional banks prevented customers from making withdrawals in late April, stoking fears of a greater credit crisis without an intervention from financial authorities. At … Read more

Federal Reserve wants lower wages

by Leavingtheecstasy https://multipolarista.com/2022/05/24/us-federal-reserve-wages-inflation/ US Federal Reserve chairman Jerome Powell said his goal is “to get wages down,” complaining workers have too much power in the labor market. Economist Michael Hudson says this is “junk economics,” and corporate monopolies are driving inflation, not wages. “Wages are running high, the highest they’ve run in quite some time,” … Read more

Masculine, Pro-American ‘Top Gun: Maverick’ Blasts to $146M Opening, Towers over Woke Flops

For three years, the wife and I have been waiting. Last month it finally happened. The surgery happens in a few weeks, and we’re not taking any chances with the China Flu gumming things up. We’re quarantined. Going nowhere, seeing no one, groceries delivered—the whole enchilada—toughest of all, no movies. So I haven’t seen Top … Read more

Brazil: Police Kill a Man in Back of Police Vehicle Using Makeshift Gas Chamber – Warning: disturbing visuals

‘Rio de Janeiro — The asphyxiation death of a Black man shown in a video being held by two officers of Brazil’s Federal Highway Police inside an SUV’s smoke-filled trunk is sparking outrage among Brazilians. Images of the police stop Tuesday in Umbauba, in the northeastern state of Sergipe, show the officers forcibly keeping Genivaldo … Read more

New Windows Vulnerability…

Microsoft has shared guidance to help admins defend their Windows enterprise environments against KrbRelayUp attacks that enable attackers to gain SYSTEM privileges on Windows systems with default configurations. Attackers can launch this attack using the KrbRelayUp tool developed by security researcher Mor Davidovich as an open-source wrapper for Rubeus, KrbRelay, SCMUACBypass, PowerMad/SharpMad, Whisker, and ADCSPwn privilege escalation tools. Since late … Read more

Weighing in on the market trends, former hedge fund manager Michael Burry of ‘The Big Short’ fame, said in a now-deleted tweet on May 24, that the falling stocks and slowing home sales, remind him of 2008.

by Boo_Randy #HousingBubble #housing – "Sellers are slashing prices at levels not seen since before the pandemic amid rapidly cooling market as hedge fund manager of The Big Short fame warns 'It's like watching a plane crash'" https://t.co/6tFPIvWj05 — TraderStef (@TraderStef) May 28, 2022 Is the housing boom about to bust? Sellers are slashing prices … Read more

Fed Carrying $330B In Unrealized Losses On Its Assets As of Q1 (Purchasing Power Of US Dollar And M2 Money Velocity Collapsing Like Dying Star)

by confoundedinterest17 Yikes! One of the unmentioned costs of Fed monetary tightening is the one to US taxpayers. Fed carrying $330B in unrealized losses on its assets according to Q1 financial statement. Which US tax payers are on the hook. Adjusting for the appreciation in its assets the Fed had seen through the end of last year, … Read more

David Rockefeller, mentor of Henry Kissinger, mentor to Klaus Schwab – “culling” the human herd when it reaches 8 billion in 2020!

David Rockefeller, mentor of Henry Kissinger, who is mentor to Klaus Schwab of WEF, talking about "culling" the human herd when it reaches 8 billion in 2020! This has all been planned for many decades. All countries that are signatories to WHO are involved in this mass genocide pic.twitter.com/qd5dm5Ybkl — sri_chakra (@hetipungava) May 28, 2022

Coming soon for all of us! Turkey proposes 3 year jail sentences for people spreading “misinformation” online.

“Turkish President Recep Tayyip Erdoğan’s ruling party and his nationalist allies presented legislation to parliament introducing jail sentences for persons spreading so-called fake news on the internet. The digital censorship law foresees jail sentences of between one and three years for anyone who is deemed to have publicly disseminated false information regarding national security, public … Read more

Harry Truman’s Executive Order ceded authority of public health to WHO in 1952

EXECUTIVE ORDER 10399: September 27, 1952 DESIGNATING THE SURGEON GENERAL OF THE PUBLIC HEALTH SERVICE TO PERFORM CERTAIN DUTIES UNDER THE INTERNATIONAL SANITARY REGULATIONS (WORLD HEALTH ORGANIZATION REGULATIONS NO. 2) “undertakes to give effect to regulations of the World Health Assembly concerning sanitary and quarantine requirements and other procedures designed to prevent the international spread … Read more

Hwy Trust Fund Loses Average of $18B Per Year

The Highway Trust Fund that finances most federal government spending for highways and mass transit is projected to lose an average of $18 billion per year in the next several years. That’s according to the Federal Fumbles report from Republican Sen. James Lankford (Okla.). President Dwight Eisenhower created the Highway Trust Fund in 1956 as part of … Read more

UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases

by  Sundance  Have you ever seen egg prices at $1 per egg range, or $12/doz?  Hold on a few months and perhaps you will.  That is the context for the scale of food price increases the USDA is now starting to predict.  The highest predicted change in food costs in well over 40 years, that’s the … Read more