DeFi : Straight out of the horse’s mouths. A review of an Interagency Report on Stablecoins, and the control they want to have over DeFi – while conflating with CeFi.

by laflammaster I stumbled upon some fun stuff – a report from the US Treasury dept on stablecoins. Document link: Interagency Report on Stablecoins Forward reading – and why you should avoid CBDC: CBDC (Central Bank Digital Currency) ​ TL;DR; Start The gubment is seeing how much people are moving towards DeFi, and are salivating at the … Read more

Germans Laughed At Trump About Russian Energy

"Germany will become totally dependent on Russian energy if it does not immediately change course," Pres. Trump says at #UNGA, prompting smirks from German officials in gallery at UN https://t.co/sO3ceJeAGG pic.twitter.com/Akf5tVBwwi — CBS Evening News (@CBSEveningNews) September 25, 2018 https://twitchy.com/gregp-3534/2022/06/21/this-aged-quite-badly-trump-warned-germany-of-becoming-totally-dependent-on-russian-energy-at-the-un-in-2018-whos-laughing-now/

Ramping credit card debt + rising interest rates = trouble for many, many borrowers who are already struggling with their bills.

Ramping credit card debt + rising interest rates = trouble for many, many borrowers who are already struggling with their bills. pic.twitter.com/wIVtxSDhw9 — Markets & Mayhem (@Mayhem4Markets) June 22, 2022 Fed Powell facing criticism for inflation missteps…  WASHINGTON (AP) — Federal Reserve Chair Jerome Powell won praise for his deft leadership during the maelstrom of … Read more

This smells like 2008… Bulls, you’ve become far too complacent in the face of collapsed performance.

Demand for adjustable-rate mortgages surges, as interest rates make biggest jump in 13 years Mortgage applications to purchase a home rose 8% last week compared with the previous week, bolstered in part by demand for adjustable-rate mortgages, according to the Mortgage Bankers Association. A big jump in mortgage rates may have actually spurred homebuyer demand, … Read more

Food Banks beg for help…

Ohio’s food banks are struggling to keep shelves stocked amid rising costs and supply-chain disruptions. But those same issues are pushing even more people to turn to them for help. Why it matters: More than 1.5 million Ohioans — one in eight of our neighbors — go hungry, according to Feeding America. The Ohio Association of Foodbanks … Read more

Household savings rate vanishes…

The United States consumption figure seems robust. An 0.9 percent rise in personal spending in April looks good on paper, especially considering the challenges that the economy faces. This apparently strong figure is supporting an average consensus estimate for the second-quarter gross domestic product (GDP) of 3 percent, according to Blue Chip Financial Forecasts. However, the Atlanta … Read more

Wisconsin governor is pissed…

The Assembly has also gaveled in/out. Republicans inaction means if Roe is overturned, nearly all abortions will become illegal in Wisconsin. https://t.co/mkbM2PT7Yx pic.twitter.com/S6FaHW8DcI — Emilee Fannon (@Emilee_Fannon) June 22, 2022 The people of Wisconsin support access to abortion! Our legislators need to listen and pass the Abortion Rights Preservation Act!#PinkOutTheCapitol #BansOffOurBodies pic.twitter.com/1MwxE6ThOn — Planned Parenthood … Read more

Want an Investment-Related Career?

Are you attracted to the idea of investing as a career path? Many college graduates enter the field every year because of the variety, excellent pay, and personal satisfaction that comes with learning to invest wisely and well. Some professionals manage their own accounts, but the vast majority help others find the best ways to … Read more

Clown World Economy

by Chris Black Layoffs, bankruptcy, and recessions are now bullish indicators because it means The Fed must set the printers on ludicrous speed. As we saw with AMC, Hertz, and GameStop, not having a valid business plan and losses as far as the eye can see can put your stock 16x the previous all-time highs. … Read more

‘The Golden Age of travel is over’

Just imagine a world in which, almost overnight, the transport system breaks down. Flights across the world are cancelled, leaving thousands of travellers stranded far from home. Airports are crowded with mobs of angry, frightened people. Even greater throngs descend on the railway stations, desperate to squeeze on to the horribly overcrowded trains. Meanwhile, the … Read more

Half the Internet (Briefly) Died While You Were Sleeping

A widespread outage that affected many websites has apparently been resolved. The Independent newspaper reported that the issue appeared to be the result of problems at Cloudflare, the internet infrastructure provider powering much of the web. People trying to view the affected websites were greeted with error messages.   https://www.newsmax.com/newsfront/cloudflare-websites-outage-resolved/2022/06/21/id/1075303/

The Great Biden Recession Is Already Here

Last week, I was invited to testify before a House committee hearing titled: “How the Biden American Rescue Plan Saved the Economy and Lives.” I am not making this up. Can you imagine taking a victory lap, given our current conditions? I told the Democrats on the committee that the idea that Congress would hold … Read more

Do You Really Think Biden is in Charge of America?

by Chris Black If you ask me, it’s quite obvious that the string pullers behind the curtain intentionally use goofy, retard-tier face men like Biden to give the illusion that their intentional destruction of the West is just a happy accident caused by ineptitude. Everyone knows this demented senile old man doesn’t hold any real … Read more

Here’s America’s Billionaire Satanists at Work

by Chris Black If we had free speech in America, doctors and psychiatrists would classify transsexualism as a paraphilia and men who wear women’s clothing would be made fun of and bullied.  Trannies get the last say in America because of a few sick people having total power in money, media and law. https://twitter.com/disclosetv/status/1539159793616801792