$840 million dollar clawback from Tether?

This story involves a knotty area of US bankruptcy law, so bear with me… First: Secured vs unsecured creditors. Unsecured creditors are lending without requiring the borrower to put up any assets as collateral or security. Secured creditors do require collateral/security. — kadhim (^ー^)ノ (@kadhim) July 26, 2022 There are well understood rules, processes and … Read more

China’s net gold imports via Hong Kong soared in June fivefold… BRICS is working on a new global reserve currency, and all of them have been stockpiling gold for years

China's net gold imports via Hong Kong soared in June fivefold… China is the world’s top gold consumer BRICS is working on a new global reserve currency, and all of them have been stockpiling gold for years These nations should send a thank you note to JPMorgan. — Gold Telegraph ⚡ (@GoldTelegraph_) July 26, 2022

A new internal combustion engine (ICE) that does not generate carbon dioxide and other gases

Researchers from Valencia’s Polytechnic University (UPV) have designed a new internal combustion engine (ICE) that does not generate carbon dioxide and other gases that are harmful to people’s health. According to its creators, it is a “revolutionary” engine that both meets the regulation on emissions planned for 2040 and also has high efficiency. The first … Read more

We live in a kakistocracy.

by Glenn Reynolds WHEN IS A RECESSION NOT A RECESSION? Bending the Truth. If you want to understand why no one respects institutions or “elites” anymore, look no further than Janet Yellen. She went on television talk shows which are basically soapboxes for Democratic talking points and said that if the GDP numbers print negative this week, … Read more

Families flee Pennsylvania school where boys ‘encouraged to wear dresses’ during Pride Month

Families flee Pennsylvania school after boys 'encouraged to wear dresses' during Pride Month: report | Just The News https://t.co/G2WgqHNdrv — Persnickity ✝️🇺🇸 (@salty_american) July 26, 2022 At least two families have pulled their children out of a Pennsylvania middle school due to its “‘woke’ agenda,” citing how, among numerous things, children are not allowed to … Read more

The Real Estate Problem Is Getting Bad In China

by Boo_Randy https://twitter.com/FinanceLancelot/status/1551294266198179849 How long can the CCP and PBOC go on playing “extend and pretend”? Their entire being depends on prosperity and winning but China faces a deep crisis as their property market teeters on the brink. https://www.news.com.au/finance/business/other-industries/chinas-real-estate-crisis-heightens-as-people-refuse-to-pay-mortgages/news-story/93799b367af45b88ed2b8d58264dd63d Z&L Properties is a US entity of Chinese property developer Zhang Li, co-founder of R&F Properties … Read more

US Treasury Secretary Yellen Says Signs of US Recession Aren’t in Sight for Now (As Yield Curve And Atlanta Fed GDPNow Tracker SCREAM Recession)

by confoundedinterest17 Just remember, the US economy had strong employment figures just prior to the 2008 Great Recession and financial crisis, so US Treasury Secretary Yellen, Biden’s economic cheerleader Bernstein and Obama’s economic cheerleader Sperling are all relying on a bad indicator of economic health to justify that the US economy is in great shape. (Bloomberg) … Read more

Tim Pool suspended by Twitter over groomers…

.@Timcast was suspended from Twitter for "calling out groomers." "I started pulling up as many stories as I could of Twitter having defended pedophiles. Numerous instances where they've been called out. So when I actually call out grooming, legitimately, they deleted that." pic.twitter.com/vw4Bd1kOLe — Citizen Free Press (@CitizenFreePres) July 26, 2022

‘biggest scandal in medical history’….

"The vaccine campaign will go down as the biggest scandal in medical history. Moreover, it will be known as the biggest crime committed on humanity" — Member of European Parliament Christine Anderson @AndersonAfDMdEP pic.twitter.com/tARtWoyPVB — Citizen Free Press (@CitizenFreePres) July 25, 2022

How Much More Can The Polite EU Sheeple Take?

https://twitter.com/WallStreetSilv/status/1551654913687568393 The Germans are now begging countries such as Spain for "solidarity" on natural gas The EU (and the world) is truly upside down — Andreas Steno Larsen (@AndreasSteno) July 26, 2022 EU to gas by 15% across the board. Some countries will have more gas than other. Some will struggle more than others. Usual … Read more