Independent thinking for complex markets and current events
Something about these wealth numbers is hard to ignore. Billionaire wealth jumped 16% in 2025 to a record $18.3 trillion. The world’s 12 richest people now hold more wealth than the bottom 4 billion people combined. Global personal wealth increased 10.8% last year. But the big question is where that wealth went. The gains were …
BREAKING: Keir Starmer shelves bill that would transfer sovereignty of the Chagos Islands from the UK to Mauritius The government says it can’t proceed without necessary U.S. support, which Trump has rescinded due to the strategic importance of the military base on Diego Garcia pic.twitter.com/0RJki91JLW — Visegrád 24 (@visegrad24) April 11, 2026
Congress just made them a $6 billion giveaway for issuers. US Congress just legalized the largest wealth transfer in financial history. Nobody noticed. Section 11 of the GENIUS Act prohibits stablecoins from paying yield to holders. Tether holds $135 billion in Treasuries earning 4.5%. That’s $6 billion annually. Passed to you: $0. Tether keeps everything. …
Treasury Secretary Scott Bessent: “We've been applying a maximum pressure campaign on Iran's oil exports to cut off the sources of the regime's funding, and what we have seen in the past month is a total financial collapse of the regime.” @SchmittNYC @SecScottBessent pic.twitter.com/1oMzdv5fW6 — NEWSMAX (@NEWSMAX) January 15, 2026 Iran’s nationwide protests began in …
Treasury Secretary Scott Bessent says the Treasury Department is investigating the alleged transfer of Minnesota tax dollars to the terrorist organization Al-Shabaab. pic.twitter.com/FtonPwndmR — Faytuks Network (@FaytuksNetwork) December 1, 2025 The U.S. Treasury Secretary announced on Monday night that the department is looking into claims that Minnesota tax dollars may have been diverted to the …
$200 Billion in frozen russian assets may finally reach Ukraine. The EU is preparing a creative plan: issue a “reparations loan” to Ukraine. Kyiv would only need to repay the loan once Moscow pays war reparations. Of course, everyone knows russia will never do that. But… pic.twitter.com/U95OY38bLD — Roman Sheremeta 🇺🇸🇺🇦 (@rshereme) October 2, 2025 …
Joseph Schnitt, Deputy Chief at the DOJ’s Office of Enforcement Operations, was caught on hidden camera saying the agency plans to redact every Republican name from the Epstein files while leaving Democratic names intact. “They’ll redact every Republican or conservative person in those files, leave all the liberal, Democratic people in those files, and have …
💥BREAKING: MICHAEL SAYLOR'S STRATEGY HAS TRANSFERRED 7,383.25 $BTC WORTH $612.92 MILLION INTO 3 NEW ADDRESSES. SOMETHING BIG IS COMING!! pic.twitter.com/7ulvMLaUeq — Crypto Rover (@cryptorover) March 30, 2025
1/3 #bitcoin and all of crypto is 🐀 poison, has ABSOLUTELY no value, generates no cash flow, and has no use case beyond harmful speculation (b/c it sucks up valuable resources – i.e., capital that could be used to fund useful assets and valuable energy resources)… https://t.co/L2MTGOyPFw — Gordon Johnson (@GordonJohnson19) December 20, 2024 3/3… …
While the three-day-long breach began on September 20, 2024, the firm has not provided an estimate for the number of victims impacted, nearly three weeks later. MoneyGram does boast of having more than 150 million customers, however, via its over 430,000 locations which span 200 countries and territories. The hack exposed basic information like customer …
Apparently, @Citibank and Itaú Unibanco just transferred funds from @Starlink's accounts to Brazil. Was @elonmusk even informed before they moved the funds? Source: https://t.co/I62lRgUY0E (Archive: https://t.co/0MSxLgYV9h)https://t.co/fGCvAWnOqx pic.twitter.com/zXnvTQZZ0Y — Walt Wang (@waltywang) September 13, 2024
Minnesota Gov. Tim Walz’s administration allocated nearly $449,000 in taxpayer money to a left-wing legal nonprofit as part of an apparent “sue-and-settlement” plan that put the first transgender inmate in a state women’s prison, The Post can exclusively reveal. In 2023, the Democratic vice presidential nominee’s office shelled out $448,904 to Saint Paul-based Gender Justice, …
BREAKING: Kamala is flying to Wilmington, Delaware for meeting with Biden's staff. Are we witnessing a transfer of power?Biden was rumored to resign this week.pic.twitter.com/yoz3QVPWlt https://t.co/jaa3VAb6Yf — Financelot (@FinanceLancelot) July 22, 2024
“Zero dollars in their bank account” A subtle but important point from the email sent out by Biden’s deputy campaign manager I previously discussed. The bedwetting brigade is calling for Joe Biden to “drop out.” That is the best possible way for Donald Trump to win and us to lose. First of all: Joe Biden …
The United States has made a significant decision regarding air defense systems for Ukraine. In light of Russia’s renewed attacks on Ukraine’s power grid and infrastructure, the White House has prioritized delivering newly-made Patriot and NASAMS missile systems to Ukraine over existing orders from other allies. This move aims to bolster Kyiv’s air defense capabilities, especially as Russia escalates its …
The NCAA Division I Board has approved legislation to allow instant eligibility for all multi-time transfers, the organization announced Monday. The board’s approval was the final step in adopting the new rules after the Division I Council voted in favor of the changes last week. The new guidelines go into effect immediately. The group had …
Norway has agreed to help transfer frozen tax funds earmarked for the Palestinian Authority that were collected by Israel, the Norwegian Foreign Ministry says, providing vital funding to the Western-backed entity. “The temporary scheme will play a crucial role in preventing the Palestinian Authority from collapsing financially,” the Norwegian ministry says in a statement. https://www.timesofisrael.com/liveblog-february-18-2024/
Deputy Secretary of State Victoria Nuland said that American GLSDB long-range ammunition is already being sent to the Ukrainian Armed Forces. Yesterday, Politico, citing sources, announced that Ukraine will receive GLSDB bombs from the United States on Wednesday. GLSDB (Ground-Launched Small Diameter Bomb, or ground-launched small-diameter bomb) is a small-sized precision-guided munition created by Boeing …
by TonyLiberty 1) A company in the U.S. sets up a subsidiary in a country with low or no taxes, like the Cayman Islands. 2) The subsidiary owns things the parent company needs, like intellectual property or trademarks. 3) The subsidiary charges the parent company licensing fees to use that intellectual property. Here is an example. Company …
by Chris Black All of this talk about new weapons and new training is stupid. If that was going to make a difference, it already would have made a difference, and it definitely did not make any difference. So the deal is, the Ukraine is losing the war badly. All throughout history, any leader would …
