Peter Schiff: This Bitcoin crash is an example of why Bitcoin will never be a reserve asset for any major government or central bank

This weekend's #Bitcoin crash is an example of why Bitcoin will never be a reserve asset for any major government or central bank. A reserve asset must have relatively low volatility. It needs to be readily sold when needed. It can't crash more than assets it's supposed to hedge. — Peter Schiff (@PeterSchiff) August 5, …

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Biden admin will ban federal government using plastic cutlery to combat climate change

It worked great when they banned plastic straws in California. Climate change totally fixed there. pic.twitter.com/orOeko1v5J — Samuel Culper 722 (@politiwars) August 6, 2024 The Biden administration announced a plan to target plastic pollution, dedicating particular focus to “phase out” single-use plastics – such as kitchen cutlery, cups and straws – across federal departments. President Biden …

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Chinese National Arrested, Claims to Possess Documents Linking Chinese Government to July 13 Assassination Attempt

This is interesting. https://www.thegatewaypundit.com/2024/08/chinese-national-arrested-after-repeatedly-trying-get-mar/ A Chinese national was arrested after multiple attempts to breach the security of Mar-a-Lago, the private club and residence of former President Donald Trump. The suspect, Zijie Li, 38, of El Monte, California, claimed to possess documents implicating the Chinese government in a recent assassination attempt on Trump. Li alleged he …

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Biden/Harrisnomics In One Chart! Treasury Interest Outlays Exceed Entire Defense Outlays (Medicare And Social Security Lead Government Outlays)

by confoundedinterest17 Here is Biden/Harrisnomics in one chart! Treasury (interest) payments are growing faster than other government outlays and a larger than the entire Defense outlays. Leading outlays include Medicare/Medicaid and Social Security. Here is Treasury Secretary Janet Yellen symbolically gorging on a foot-long sub. No one spends like unelected government bureaucrats!

PA resident with 8 foot “F**k the Government” sign WINS First Amendment case to keep sign up.

A former marine who was ordered to remove an outlandish eight-foot sign from his porch is celebrating a win for free speech after local officials revised their ban. Pennsylvania resident Dave Bliler on Tuesday said he had ‘shut down’ the restrictions imposed on him by the borough and once again raised a ‘F**k the government’ …

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The Trust in Government is Collapsing – Is Anything Real Anymore?

By Martin Armstrong https://www.armstrongeconomics.com/wp-content/uploads/2024/07/Biden-Double.mp4 As we head into the end of this cycle in 2032, this process concerns the collapse of Republican forms of government that is rapidly approaching on a global scale. I believe that this has become far more obvious since the COVID-19 scam. Even in Germany, friends think that something has seriously …

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Our Government Is Hiding That Banks Are On The Verge Of Failure

In today’s financially uncertain times, the role of regulatory bodies in ensuring the stability of our banking system is more important than ever. The Federal Reserve, charged with this significant responsibility, conducts annual stress tests on major banks to assess their ability to withstand economic downturns. These tests are specifically designed to mimic adverse scenarios …

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Is The World Souring On US Treasuries And The Fed? Biden/Congress Out Of Control Spending Is A Disaster (UNFUNDED Entitlements Promised By Federal Government Larger Than Total National Assets!)

by confoundedinterest17 Here is a chart of Non-commerciak net positions for US Treasuries, currently showing more bailing out of Treasury positions. Has the world sours on DC’s fiscal train wreck and The Fed? Of course, budget deficits are a disaster with Biden/Congress spending like drunken sailors in port and showing no signs of letting up. …

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Here are 10 flaming examples of times Facebook, YouTube & Amazon explicitly said they only passed censorship policies bc they were threatened by the Biden government

It's my understanding that their Section 230 classification was in jeopardy if they didn't comply…. gives serious question as to how much power the administration state has if they can sidestep our Bill of Rights like this. — Jennifer 31 (@jennifer3185) May 3, 2024 https://twitter.com/Ran_Dumb_Libs/status/1786239017547084045

Macron Informs French People No New Government For a While, as ‘No One Won’ His Snap Election

“Jupiterian” French President Emmanuel Macron has written to the French people, reflecting on the failure of the recent snap election to produce a new government, but conveniently forgetting to mention his role in that outcome. There will be no new Prime Minister or government appointed for some time, President Macron said in a nationally published …

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There’s $38 trillion sitting in 401k’s/IRA’s. Where do you think the next money grab is going to some from by the US government?

Some great points in this video. It gets really good near the end. There’s $38 trillion sitting in 401k’s/IRA’s. Where do you think the next money grab is going to some from by the US government? Easy to do via taxes. Something to think about. pic.twitter.com/K9pCwjRP7t — QE Infinity (@StealthQE4) July 10, 2024 So many …

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US government debt market collapse begins, breaking 40-year trend, causing massive economic implications

US government debt market collapse has started This has MASSIVE implications for the economy A thread 🧵 pic.twitter.com/woy4GFEsH6 — Bravos Research (@bravosresearch) July 9, 2024 3/ Treasury bonds, typically 40% of an investor's portfolio, have led to significant losses due to their sharp decline — Bravos Research (@bravosresearch) July 9, 2024 5/ Constantly rising government …

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One third of new jobs are from the government.

The June jobs report revealed higher than expected job growth, with 206,000 new jobs created. However, a third of those jobs were in the government sector. Government employment rose by 70,000, which is far higher than the average of 49,000 over the last year. Employment in the sector was boosted by local government, excluding education and state …

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When even the government has to cut staff, it’s a hard landing, folks. Government spending is usually what pulls us back OUT of recessions.

When even the government has to cut staff, it’s a hard landing, folks. Government spending is usually what pulls us back OUT of recessions. (I guess, finally, we’re going to get some job numbers.) — Uncle Milty’s Ghost (@his_eminence_j) July 2, 2024 ISM: manufacturing sector contracts in Jun for 3rd month in a row, and …

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Jeff Bezos files complaint against Elon Musk to US government

Blue Origin and Space X take feud to space Amazon founder Jeff Bezos has complained to the United States Federal Aviation Administration (FAA), asking to limit the number of launches Elon Musk’s Space X can conduct in Florida, reigniting the billionaire feud, Business Insider reported. Blue Origin has asked the FAA to put a cap …

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American ranchers abandoned by government, facing danger, fear, and feeling utterly betrayed.

American Ranchers Have Been Abandoned By US Government & Allowed To Be Invaded By Illegal Migrants “Everything down here is in disarray. Everything is it's horrible. It's horrible to have to live your life scared to death, wondering if this is the day that I'm gonna have to pull… pic.twitter.com/GaIruJev7G — Wall Street Apes (@WallStreetApes) …

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Major the government plan to sell all federal owned land…

America’s federal lands were set to be listed on the stock exchange before the proposed rule was yanked Your government was fixing to auction off your real estate—including national parks, farmlands, precious ecosystems, and natural resources—to the highest bidder. According to a recent report by Elizabeth Nickson, the highly-credentialed journalist behind the Welcome to Absurdistan …

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French Government Bonds Face Trouble as Elections Loom

As France heads towards snap elections at the end of June, French government bonds could slide further, having already taken a major hit from the weekend’s European parliamentary elections, pushing their yields even higher, analysts said. https://www.wsj.com/world/europe/french-government-bonds-face-trouble-as-elections-loom-aef03ead?mod=RSSMSN French right-wing parties were mired by infighting Thursday as campaigning intensified for snap elections called by President Emmanuel …

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