The #film #thedevilconspiracy is a mixed bag. It has some *really* nice parts, but equally it doesn't feel like a $5 #million #dollar #movie at all. The #idea for the #story is not too bad, I would have leaned even further into the #horror of it, in this case the #devil wasn't nearly bad enough.
The " #trillion #dollar #coin " is a #dumb #idea , but it's no dumber than what we are *already* doing: https://www.zerohedge.com/political/tril.. This is precisely how we end up in #hyper #inflation , although we are already on our way anyway.
Looks like the #bank of #japan are having some serious issues with controlling their #bond #market https://www.zerohedge.com/markets/boj-lo.. Also here: https://web.archive.org/web/202301130212.. It has significantly crashed against the #us #dollar , it could be the first signs of a coming #recession .
Pretty funny #article on what if #php was written in #english https://aloneonahill.com/blog/if-php-wer.. I do find the use of the $ #dollar #symbol annoying, but at the same time it is #supported in #ascii , and #ascii is the lowest section of the #unicode table - so it makes sense to use it.
Jesus, the #us #federal #reserve are looking to create a #fedcoin https://www.zerohedge.com/personal-finan.. This reminds me of when the #us #dollar was #depegged from the #goldstandard . Now the " #money " will literally not be worth the paper it is printed on. And this was likely off the back of #ftx #ceo #sambankmanfried ! I guess the goal here is for the #us #government to create a new type pf #tax ...
Wait... So the $477 #million #us #dollar " #hack " at #ftx was actually the #bahamian #government using a #backdoor to #seize #assets https://www.marketwatch.com/story/suppos.. This sets the #us #sec and #bahama 's #sc on a direction collision course for control over the case. It is also #reported that there was a *second* real #hack that involved #malware , #database wipes and #money being pulled out. What a #shitshow .
Looks like #china 's #ccp have a half #trillion #dollar #property #market hole to fill: https://www.zerohedge.com/markets/new-ch.. This is most definitely much more than any #budget their #government has. What they will try to do is #trcik #foreign #investors to #buying up their #debt , and they'll likely take it, because the #west 's #finances are run by #morons .
Hah, the #us 's #biden #administration are looking to create a #us #dollar #crypto #coin https://apnews.com/article/cryptocurrenc.. This likely means they could #print more #money without the need to actually #print it. One could also imagine it would be useful for them to be able to #control people's #accounts . This of course is all about #tax and nothing else.
Okay, this is *very* interesting from #tldr #news https://youtube.com/watch?v=pQdea8tPm6k It seems as though the #us #dollar and #eu #euro are fluctuating based on #demand , and the #demand is being artificially created with increased #interest #rates . The #eu has the lowest, and therefore the lowest #demand . I still believe the #us will run out of steam on this one.
Interesting, the #us is apparently purposefully creating a #dollar #shortage , driving up #demand externally whilst #printing it like crazy internally: https://www.zerohedge.com/markets/us-cre.. The #us #dollar #demand comes from people wanting to #trade in a " #stable " #currency , although it gives the #us enormous #control .
Damn, apparently the #uk has tonnes of #billion #dollar #unicorn #startups - not a good thing as #unicorns don't actually exist: https://www.zerohedge.com/markets/uk-has.. These will likely be the first to let go during a #recession as their true #value is #discovered .
Very interesting, the #crypto #hedge #fund #threearrowscapital have #failed to #repay a $670 #nillion #dollar #loan https://www.cnbc.com/2022/06/27/three-ar.. Looks like the floor is caving in...
Haha, #former #blm #leader calls an #investigation #revealing they #purchased a $6 #million #dollar #racist and #misinformation , despite being entirely true... https://www.zerohedge.com/political/form.. Bare in mind, #blm #finances have been all over the place, with zero #accountability and all former #founders washing their hands of it. Weird.
#russia moving towards a #goldstandard is quite telling, and could be #globally #leading on this #trend https://www.zerohedge.com/geopolitical/e.. Clearly the #us #dollar cannot be used as a #reserve #currency as they continue to #print more #money .
Of course #confidence in the #us #dollar will #dwindle - imagine when we see the #investment #reaction to #seizing #assets https://www.zerohedge.com/economics/imf-.. This will not end well, it simply can't.
As #expected , the new #us %1.5 #trillion #dollar #omnibus #spending #bill is a lot of #waste https://www.zerohedge.com/political/how-.. The #money #printers will certainly have a job for a while, but the average #american might not.