This #article raises a great point, the only way the #eu have to generate #money for #projects is either #tax (which is limited) or #printing #money https://www.zerohedge.com/geopolitical/e.. As #ukraine and the #energy #crisis continue, the only method they have to try to " #fix " these things is to keep #printing #money and *hope* #inflation doesn't get out of control.
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.
Ouch, the #eu #ecb is running out of #options , despite increasing #interest #rates , they are still at -7.85% #interest after #inflation https://www.zerohedge.com/markets/peter-.. It means putting your #money into #euros means it vanishes as they #print #money to pay off #interest on #debt , which in turn creates lower #demand . Needless to say, #europe is *fucked.* There is no way out of this.
So apparently there is now #violence for #hire for relatively low amounts of #money https://krebsonsecurity.com/2022/09/viol.. The #comments are interesting on #krebsonsecurity , with the majority being " #free #patt ", the name of the person #arrested in connection to the #video #evidence .
Seems like #china may have a #contagion in their #property #market as they #report lower #profits as more #money goes back into #failed #investments and the #chinese #people become #wary https://www.zerohedge.com/markets/chinas.. Imagine paying a #loan for a #property that hasn't been built yet, whilst the #developer #builds new #properties and not yours!
Oh dear, it appears that #china 's #ccp is now driving straight into a #chinese #recession https://www.zerohedge.com/markets/china-.. I suspect they won't be able to pump enough #money into their #economy to overcome this issue, $230 #billion is a drop in the water for what they really need. Expect some new #tax #initiatives in #china soon...
A little #disappointed in #gullo https://gullo.me They offered a #vps in #london , then after #payment they removed the option. They then want additional #money to make a #complaint about their #baitandswitch ... I don't believe I will be looking towards their #service in the future for #vps .
Some #copium from #zerohedge about the #collapse of #bitcoin being #false https://www.zerohedge.com/crypto/history.. I suspect they are heavily #invested and do not want to deal with the fact they are about to lose a lot of #money ...
Very interesting, #billgates #caught fuelling #money into anti- #elonmusk #companies because he " #threatens " to bring back #freespeech to #twitter https://youtube.com/watch?v=DPIXDsblr2E Madness.
Of course #elonmusk #sold $4 #billion #dollars in #tesla #stock - it's #overvalued (something he has said multiple times) and he has to raise the #money to #buy #twitter from *somewhere:* https://www.zerohedge.com/markets/musk-s.. This will likely cause Tesla stocks to #crash though, fun times for #investors !
Ouch, the #turkish #lira is #crashing hard with them now digging into #foreign #investor 's #money https://www.zerohedge.com/markets/after-.. This will only end badly. You're looking at a completely #stalled #economy when you start playing such games.
The #imf - one of the largest #money #lenders and #investors "accidentally" #printed too much #money https://www.zerohedge.com/economics/oops.. There doesn't seem to be any mention so far about the scale of the "error", but one can imagine that the current #inflation may hint at about 7-15% #error . A #recession is almost #guaranteed at this point.
Wow, #inflation in #argentina has been pretty #rough ! https://twitter.com/dbasch/status/151573.. Don't bother #saving out there, your #money is #worth a *lot* more today than it will be tomorrow!
Ouch, this #young #trader lost a lot of #money https://www.youngmoney.co/p/gone-sixty-s.. Definitely a #warning to other #traders !
Wait, what? The #us #government 's #answer to #inflation is to #print more #money and hand it out to #citizens ? https://www.zerohedge.com/personal-finan.. Have they officially gone #insane ? This is *exactly* how you get #hyperinflation ...
Those #apple #stocks are going to #crash https://www.zerohedge.com/technology/fox.. A friend of mine already lost tonnes of #money #experimenting , after buying into #apple and #microsoft at an #alltimehigh - damn. They really have to hold onto them to get their returns now.