Bidenomics Or How Washington Ruined America’s Future: Interest on Federal Debt Rose 76% Under Biden (US Interest On Federal Debt > 6x EU Defense Spending As Unfunded US Liabilities Exceed $192 TRILLION!)

by confoundedinterest17 How badly has Bidenomics and generally Federal spending has crippled the US? An example. The interest on US Federal debt is approaching $1 TRILLION (and Biden/Democrats REFUSE to cut any spending, not that Republicans are much better). To …

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Putin signs law banning gender change

Russian President Vladimir Putin signed a bill banning sex reassignment surgeries into law on Monday. The legislation, aimed at tighter regulation of what MPs described as the “transgender industry,” bans legal sex changes and medical interventions associated with transitioning except due to serious …

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What Exactly is Elon Thinking?

by Chris Black The new logo looks like sh*t. He basically destroyed two decades of brand recognition for no logical reason. What would you even call tweeting now? Xing? lol check out how the "scratch" doesn't extend across the X, …

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ESG Is Dying Its Inevitable Death

via Lance Roberts: ESG scoring and mandates remain a subject we have contested since it sprang to life in 2020. The push of “woke activism” on, and by companies, to meet nebulous or artificial standards has led to various bad outcomes. ESG …

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Israeli PM Netanyahu Passes Judicial Overhaul Bill After Months of Protests

by Chris Black I’ve started rooting for Bibi, just because everyone hates him. 💥Netanyahu's coalition members are threatening to topple the government if they don't get what they want: unfettered power. pic.twitter.com/SBr1VCVcpP— Noga Tarnopolsky נגה טרנופולסקי نوغا ترنوبولسكي (@NTarnopolsky) July …

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World War III Is Coming

by Chris Black Viktor Orbán recently gave a speech in which he predicted that the United States will go to war with China to preserve its hegemony. Speaking of historical patterns, one of the st… Continue reading by subscribing.

$78 billion withdrawn from commercial banks last week (7/5-7/12). $869 billion in deposits has been pulled since the all time hit 4/13/22. With the FDIC announcement today banks aren’t reporting their uninsured deposits correctly, will this re-accelerate the bank run already picking up pace again?!?

by Dismal-Jellyfish I would like to review a few items this morning: Commercial deposit withdrawals Bank Term Funding Program (BTFP) making up for gaps Todays notice from FDIC banks aren’t correctly reporting the amount of deposits they have that aren’t …

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Federal Reserve Board announces a consent order and a $268.5 million fine with UBS Group AG, of Zurich, Switzerland, for misconduct by Credit Suisse. The misconduct involved Credit Suisse’s unsafe and unsound counterparty credit risk management practices with Archegos

by Dismal-Jellyfish https://www.federalreserve.gov/newsevents/pressreleases/files/enf20230724a1.pdf The Federal Reserve Board on Monday announced a consent order and a $268.5 million fine with UBS Group AG, of Zurich, Switzerland, for misconduct by Credit Suisse, which UBS subsequently acquired in June 2023. The misconduct involved …

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World war inches closer by the day

World war inches closer by the day U.S., Allies Hold Record-Setting Military Exercise in Australia in Message Aimed at Chinahttps://t.co/w9wYYBYTFy — Liberty Street News (@LbrtyStreetNews) July 23, 2023