Looks like the #chinese #economy is beginning to #destabilise https://www.zerohedge.com/markets/chinas.. #china 's #ccp #created $1 #trillion #dollars in just one month. All these #hedgefunds " #investing " into #china are very dumb, their #money already lost a significant #value .
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.
Lol, #india believe they are #owed more in #reparations than the entire #gdp of the #uk , for an amount of $45 #trillion #dollars https://youtube.com/watch?v=mRf15294KK4 The #math is broken and the #money doesn't actually exist. The #tax was #invested back into #india . The #british #colonization of #india was a net negative, it was not #profitable . Worse still, the #uk then #paid at a loss to end #slavery #worldwide . Absolute madness.
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 .
Apparently #sandyhook #families are going after #alexjones for $2.75 #trillion #dollars https://www.zerohedge.com/political/sand.. Bare in mind, this is almost the turn over of the entirety of #france . This is just mindbogglingly insane. Yes, he did spread #fake #news about the #children , and yes they did get a bad time for it - but not more than a few #million #dollars worth collectively. #newspapers do worse shit that that all the time!
The #us #federal #reserve is looking to add even more #debt to their #bill , this time another $2.1 #trillion #dollars just in time for the #midterms https://www.zerohedge.com/markets/fed-ra.. At this rate #biden won't have any #competition as nobody will want the #job !
@barray on Wed Aug 24 01:18:11 UTC 2022 said: &eMore #stimulus #packages out of #china 's #ccp , this time for 1 #trillion #yuan https://www.zerohedge.com/markets/its-no.. People are saying that *even this* is not enough. They simply have too much riding on their #collapsing #property #market , all of their #eggs are in one basket.#china 's #ccp are trying to use 200 #billion #yuan to #bailout their #property #market and try to get people paying their #mortgage again: https://www.zerohedge.com/markets/china-.. The irony here is that it's not nearly enough, things are far too gone. They don't seem to be even beginning to grasp the true scale of the almighty mess they are currently in.
Interesting, apparently #china 's #research #funds into #silicon #chips has actually been spent on #holidays #abroad , several #trillion of it: https://www.zerohedge.com/geopolitical/c.. You won't see much of this in a #western #university though, these #funds are tightly checked. #staff still take #holidays when at a #conference , but out of their own pockets.
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.
The #us #senate just announced #spending for over a #trillion #dollars on #defence https://www.zerohedge.com/military/dod-c.. If it's nit being spent on #military #hardware , that may mean it's being spent on #soldier #wages ?
#pelosi wants to add even more #covid #aid in order to get her #bill #passed https://www.zerohedge.com/covid-19/pelos.. Is the #us not in enough #debt already? We're talking $6 #trillion here, these numbers are difficult to even comprehend. You're children's children's #children will be #burdened with this. It's too much.
The #us #minting a new #trillion #dollar #platinum #coin of #arbitrary value could trigger a #constitutional #crisis https://www.zerohedge.com/economics/tril.. Also this is more #bullshit to #bypass a #rejection of a #vote that #failed to raise the #debtceiling ... #inflation is #inevitable - you either don't have enough money to pay the #debt , or you devalue your currency and indirectly #steal money from the #workingclass - #crashing the #economy anyway.
The #us #democrats are spending #money like it's going out of fashion: https://www.zerohedge.com/political/prog.. They are throwing around numbers like $1.2 $3.5 #trillion #dollars like it's just a small fraction. Apparently some of the item's costing a lot is " #biden 's" #buildbackbetter #plans ... Who gives a hell about the #climate if there is no #america left to continue the efforts? *They need to get their house in order.*