A suitably jaundiced view of what is really going on...
also...
Investing Legend Jim Rogers Foresees Worst Bear Market of His Lifetime
Yeah, but pay close attention: US bad, Asia good. How the destruction and reconstruction affects you depends on where you are. Tyranny will be global, however; the only solution to that is to take these people down.
Implications as Debt Limit Deal Omits Biden’s Crypto Tax
The so-called Digital Asset Mining Energy (DAME) excise tax has now been scrapped following extended negotiations between the Biden administration and House Speaker Kevin McCarthy aimed at raising the U.S. debt limit to prevent an impending default.
OK, a small victory, but not sure if the relative scales are so small as to make this relevant.
Ans so, crypto still running on hopium...
Bitcoin nears ‘hope’ stage in the psychology of a market cycle
Bitcoin now priced at $28k, up about $2k from last week's low.
liquidity spillage
The real issue is where precisely does the liquidity go. I still maintain that hiding M3 is hiding some credit lines - profit lines for the bankster brethren. The ultimate attack is on the nation and taxpayers - the USA will crumble as they will have to cut spending (apart from the military) and life will descend into gangsterism. Took just a century.
Americans Pull $472,000,000,000 Out of US Banks in Three Months As Depositors Exit in Historic Numbers
$472B is a lot, but who is withdrawing?
OK, so those will be primarily businesses rather than individuals.
And that looks suspicious, coz those funds will also be held by banks - different banks.
Need to look deeper to see if the "banking crisis" is synthetic and planned.
mmm... insured deposits actually increased, while uninsured decreased, but by much more. So some of those may be due to small businesses splitting their accounts across multiple banks, ensuring each is within the insured limit. However, that is by no means all!
a very good book on how the Fed hijacked the US gov.
Coinbase CEO Says U.S. crypto policy will end up benefiting China
Given that the people at the very top are unlikely to be totally retarded, one must look at the hypothesis this tilt to Asia is being done on purpose.
None of this promised globalist bullshit that we shall raise the standard of living of all carbon-units, instead, trash the industrialised countries and terrorise their people into the techno-slavery for all.
notice, this is global - not just the USA.
But make sure you know how to spend your crypto, whether directly or via fiat.
Bali Warns Tourists Against Using Crypto as a Form of Payment
It's all about tax control - no thought of the benefits to the residents.