US Now Saying They’re Just Going to Seize Russia’s $300 Billion

by Chris Black Bretton Woods II was built on “inside money” (U.S. dollars) dominating “outside money” (hard money, gold, uranium, oil, etc.). Seizing Russia’s FX reserve balances in February 2022 marked the beginning of the end of Bretton Woods II. The internationally illegal precedent of Victoria Nuland and Samantha Power’s confiscation of said FX reserves …

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Markets tanked in 1Q18, 1Q20, 1Q22. And there are signs everywhere that the pattern is going to hold into 1Q24.

https://creditbubblebulletin.blogspot.com/2023/12/weekly-commentary-2023-year-in-review.html Amazingly, the MMF complex has become the predominant financier to one of history’s greatest leveraged speculations – a speculative Bubble now at the heart of ongoing government finance Bubble “terminal phase” excess. Even more stunning is the lax regulatory environment for such a critical – with well-recognized vulnerability – financial system focal point. And …

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Silver Reaches $30, So Where Is Gold Going?

Image by zlataky From Peter Reagan at Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: $2,050 to $2,075 as the new resistance for gold, silver seems to be getting attention, and what’s in the small print of New Hampshire’s proposed gold as …

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Clearance Sales are Going to be Legendary This Year

The most trafficked stores this holiday season were the wholesale discounters like Ollie’s Bargain Outlet and Ross Stores. I don’t know where they ship all the TVs that don’t sell. There are probably shipping containers full of the things rotting in some abandoned parking lot. Wall Street requires ever increasing consumption to fuel lofty stock …

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CNN says 2024 is going to be the year of Massive Doom

Brace yourselves: 2024 promises deferred crises, a distracted hyperpower, and potential geopolitical upheaval. “It could have been immeasurably worse. But holding back from the brink in 2023 has simply deferred vast crises to 2024. The post-Covid world is exhausted, cash-strapped, but ultimately more fraught than for decades. Overshadowing it all will be a flagging hyperpower, …

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Vivek Ramaswamy: ““They” are not going to let either Trump or Biden get anywhere near the finish line, wake up folks. There’s something ugly brewing & it’s staring us in the face.”

If you really think “they” are going to let either Trump or Biden get anywhere near the finish line, wake up folks. There’s something ugly brewing & it’s staring us in the face. pic.twitter.com/p9G5QcSN6U — Vivek Ramaswamy (@VivekGRamaswamy) December 23, 2023

Dean Philips: ‘Donald Trump is going to beat Joe Biden.’

NewsNation host Dan Abrams says he’s stunned more Democrats aren’t focusing on the candidacy of Dean Phillips, as President Joe Biden struggles in multiple national polls. Rep. Phillips, who says he’s running to beat former President Donald Trump, tells Abrams: “I’m a threat to a system many people are trying to protect.” Read more: https://www.newsnationnow.com/politics/2024-election/dean-phillips-donald-trump-joe-biden/

A.I. ‘Grok’ Explains How ‘Going Woke’ Destroyed Disney

Disney CEO Bob Iger and billionaire Elon Musk are still at odds, with the latter mocking the entertainment company’s crumbling reputation, declining stock and financial losses in recent years. Tesla CEO Elon Musk wrote a tweet on X, Musk’s self-owned website, quoting that a response by xAI’s chatbot, Grok, explaining how Disney’s demise began once …

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Fetterman clip is going viral.

Fetterman is right: "The acquisition of US Steel by a foreign company is wrong for workers and wrong for Pennsylvania. I’m gonna do everything I can to block it." pic.twitter.com/s7VCv9eP1R — Citizen Free Press (@CitizenFreePres) December 18, 2023

They were going after Trump…

by Glenn Reynolds Tough Sentence Punctuates Downfall of Former FBI Counterintelligence Chief: Judge sentences Charles McGonigal to more than four years in prison for accepting secret payments from sanctioned Russian oligarch.   Charles McGonigal spent more than two decades as an FBI agent working on some of the country’s most important national-security and terrorism cases, …

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Bank Term Funding Program is going up again.

How is this not Quantitative Easing: Soft landing my a**, BTFP is going up again and I would love to know which regional banks are borrowing this time. Also it says on their website that BTFP ends on March 11, 2024 what happens the next day. The banks get their garbage collateral back which is …

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The 2023 tax season for the IRS is going to be a nightmare.

https://www.irs.gov/newsroom/irs-announces-2023-form-1099-k-reporting-threshold-delay-for-third-party-platform-payments-plans-for-a-5000-threshold-in-2024-to-phase-in-implementation The politicians decided it would be a great idea if they had every garage sale Sally report their income from online reseller apps like ebay and mercari. That’s about 200 Million more Schedule C forms the IRS now has to go through. They delayed this for 1 more year. They have been talking about …

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US gov to Nvidia: ‘If you redesign a chip that enables China to do AI, I’m going to control it the very next day’

So it looks like NVDA wouldn’t be able to just continuously create slightly cut down versions of their products for the Chinese market in the future. Like the rumored RTX 4090D and L40s Thoughts? via pcgamer: Nvidia’s penchant for redesigning its GPUs to get around US export restrictions has seemingly been directly called out by …

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Democrats promote and celebrate absurdities, including endorsing mental illness. How much longer are we going to tolerate this sort of nonsense?

Outrage as transgender women take gold AND silver medals at Illinois cycling championships: ‘This makes me sick to my stomach!’ Tessa Johnson and Evelyn Williamson – both biological men – continued their pattern of dominating women’s cycling competitions over the weekend The pair took the gold and silver medals, respectively, at the Illinois State Cyclocross …

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BOOM: Thomas Massie Scolds Witness Olivia Troye Over Censorship: ‘We’re Going to Make You Aware of That’; Jim Jordan Subpoenas Key Ex-Regime Officials Behind Censorship Efforts

Jim Jordan Subpoenas Key Ex-Regime Officials Behind Censorship Efforts House Judiciary Committee Chairman Jim Jordan is sending subpoenas to two former Biden administration officials who pressured social media companies into censoring speech online. Jordan is directing the subpoenas to former White House director of digital strategy Rob Flaherty and former Biden covid response team advisor Andy Slavitt …

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