Independent Alternative-News Aggregation
Source: ZeroHedge.com
International Man: At $1.1 trillion, annualized interest on the US federal debt is now the second-largest budget item—and is on track to become the largest.
Meanwhile, long-term interest rates are climbing, even as the Fed lowers short-term rates.
Can the US government keep kicking the can down the road? Or will Trump have to reset the system?
Source: journal-neo.su
The incoming Trump administration is poised to pick up where the Biden administration has left off on the decades-spanning centerpiece of US foreign policy ‒ the encirclement and containment of China.
This includes through an intense US military build up across the Asia-Pacific region, provocations over the island province of Taiwan, and continued interference in nations along China’s periphery.
Continue reading “US Foreign Policy vs. China Continues Under Trump – Brian Berletic 11/21/24”
Source: CoinTelegraph.com
There are five key warning signs when Bitcoin (BTC) is nearing a price peak, and one of those indicators is already flashing red, according to onchain data service CryptoQuant.
In a Nov. 19 X post, CryptoQuant shared its top indicators to watch when assessing whether or not Bitcoin’s price is nearing an unsustainable level.
Source: CoinTelegraph.com
Bitcoin exchange-traded funds now collectively manage approximately $104 billion, and are on track to surpass gold ETFs in net assets.
United States Bitcoin (BTC) exchange-traded funds (ETFs) broke $100 billion in net assets for the first time on Nov. 21, according to data from Bloomberg Intelligence.
Continue reading “US Bitcoin ETF Assets Break Above $100 Billion – Alex O’Donnell 11/21/24”
Source: Mises.org
The insane neo-Keynesian policies implemented by the Biden-Harris administration have created persistent inflation and record levels of debt with two objectives: to bloat Gross Domestic Product and jobs with public spending and government jobs.
Continue reading “Biden’s Economic Time Bomb: A Warning to Trump – 11/13/24”
Source: ZeroHedge.com
The third time was the charm as Bitcoin finally surpassed the $90,000 Maginot Line this morning…
…now up over 32% since before the election night results started to pile in favor of Trump…
BTC ETF flows have been incredible…
Ethereum is also rallying, back above $3300…
Continue reading “Bitcoin Tops $90,000; Where Next? – ZeroHedge 11/13/24”
Source: BombThrower.com
Bitcoin and gold are both signalling the end of the monetary order
Earlier this year having digested a steep correction after the spot ETF approvals, Bitcoin put up a fresh all-time high, which was anomalous, because the halving was still coming. In past cycles new ATH’s weren’t achieved until after the halving, by a few months at least.
Source: ZeroHedge.com
A mysterious staffing firm operating a complex van transportation network supplying low-cost Haitian labor to a Charleroi, PA-based company that operates multiple food packing plants in the area has been at the center of a federal investigation.
Source: ZeroHedge.com
Large staffing companies that thrived during the Afghanistan and Iraq wars under the Bush-Obama years retooled their business models as the US involvement and war funding in the Middle East wound down. Now, these staffing firms seem to be profiting off the Biden-Harris administration’s open-border migrant invasion by providing essential services, such as private security, transportation, and many other services, to ensure the fed’s migrant network nationwide operates smoothly.
Source: BirchGold.com
There is a popular school of thought that believes most economic stability is purely psychological; that the health of the economy relies on the population NOT knowing the true state of things. In other words, “ignorance is bliss.” I partially agree with the premise but only under certain conditions. If an economy is built on lies then yes, the exposure of those lies would certainly put that system at risk. My argument is, if an economy is built on lies it’s not really worth saving.
Source: Brownstone.org
There is a lack of public comment and debate about Kamala Harris’s call for price controls on groceries and rents, the most stunning and frightening policy proposal made in my lifetime.
Continue reading “Grocery Rationing within Four Years – Jeffrey A. Tucker 9/14/24”
Source: WallStreetOnParade.com
Both Bloomberg News and the Wall Street Journal have now reported that it’s not just presidential candidate Donald Trump that is proposing a U.S. Sovereign Wealth Fund, but that President Joe Biden’s administration is also exploring the idea.
The Wall Street Journal reported as follows on the Biden plan late Sunday night:
Source: WallStreetOnParade.com
Last Thursday, Republican presidential candidate Donald Trump spoke before the Economic Club of New York. During the speech, Trump revealed that if he wins the election he will create a U.S. Sovereign Wealth Fund.
Source: ZeroHedge.com
Last March, when the world was just learning about the AI crazy that would send markets to bubbly, nosebleed levels, we quoted a report by Goldman’s chief economist Jan Hatzius who used data on occupational tasks in both the US and Europe, to find that “roughly two-thirds of current jobs are exposed to some degree of AI automation, and that generative AI could substitute up to one-fourth of current work. Extrapolating our estimates globally suggests that generative AI could expose the equivalent of 300 million full-time jobs to automation” as up to “two thirds of occupations could be partially automated by AI.”
Source: Mises.org
In 301 AD, Roman emperor Diocletian implemented price ceilings on over 1,200 goods. The silver coinage had been debased over the past 250 years, and the citizens were understandably unhappy about high prices. In 50 AD, each denarius had about 3.9 grams of silver, but then the empire debased the coins, sometimes in dramatic steps and sometimes more slowly. By 125 AD, the coins had less than 3 grams of silver. By 200 AD, it was less than 2 grams. There was another precipitous drop in silver content between 250 and 275 AD, and in short order there was only a “neglible coating of silver” on each coin.
Source: ZeroHedge.com
After already having given over $3 billion in annual foreign aid to America’s number one ally in the Middle East stretching back years, the State Department has approved a series of potential weapons sales to Israel worth over $20 billion. This is the military-industrial complex’s bread and butter: give allies huge amounts of foreign aid, and those dollars eventually return to line the pockets of the big US defense firms.
Source: CoinTelegraph.com
Nearly half the available Bitcoin (BTC) supply has not moved in the past six months, onchain data confirms.
Continue reading “45% of Bitcoin Supply has not Moved in 6 Months – William Suberg 8/14/24”
Source: ZeroHedge.com
Ukrainian Prime Minister Denys Shmyhal announced early this week that his government had received $3.9 billion from the United States in the form of “direct budgetary aid” – which are funds given from the US and disbursed directly to Kiev through the World Bank.
Continue reading “US Hands Ukraine $3.9BN in ‘Budgetary Aid’ Through World Bank – ZeroHedge 8/8/24”
Source: TheLastAmericanVagabond.com
As U.S. Presidential candidates Donald Trump and Robert F. Kennedy Jr. appealed to the Bitcoin community for votes, the right-leaning Big Tech bro’s sunk their claws further into the once potentially revolutionary project.
Former President Donald Trump and Independent Presidential candidate Robert F. Kennedy, Jr courted voters at the BTC Nashville Conference this past weekend. Both men made promises to change the Biden administration’s policy of criminalizing elements of the cryptocurrency industry.
Source: ZeroHedge.com
In a spirited keynote address, Former President Trump promised to make USA the “bitcoin super-power of the world,” ensuring that cryptocurrency is “mined, minted, and made in the USA.”
Source: Zerohedge.com
Bangladesh has been rocked by weeks of social unrest as thousands of university students protest against inequality, poverty, and the lack of job security in the South Asian country. The unrest worsened this week, forcing the government to shut down the nation’s internet service to prevent further student organizing and unrest.
Source: Unz.com
NIMA ROSTAMI ALKHORSHID: Michael, let’s get started with the SCO summit. And right after that, we’re having the NATO summit. It seems that NATO is fighting on behalf of the United States to try to preserve the U.S. unipolar hegemony over Eurasia and the Global South, isn’t it?
MICHAEL HUDSON: Well, for the last few months, we’ve been discussing how the United States and its allied Western neoliberal economies have driven the non-Western world, the global majority, into protecting themselves and breaking away. And they’ve been developing a whole array of how they’re going to go about splitting.
Continue reading “World Shaking Up! Epic Political & Economic Earthquakes – Michael Hudson 7/15/24”
Source: Alt-Market.us
Yeah, it’s happening. The last half of 2024 is shaping up to be one of the most politically insane in a century and the sparks are already flying. The biggest moment of absurdity so far might be the first presidential debate between Donald Trump and Joe Biden, in which it was made abundantly clear for all the world to see that Biden is on the fast track to crazy town. We’ve been saying for four years that the guy is gone, a dementia case propped up and protected by the DNC and the media. Now, it’s undeniable:
There’s a vegetable sitting in the Oval Office and the nation is in a panic.
Source: DiailyReconing.com
Everyday Americans and investors in particular are confronted with “narratives” daily. Many include hidden agendas that are politically, ideologically or financially driven.
The key for investors is to see the narrative for what it is, avoid the mass psychosis, position yourself for reality and succeed in the end.
Following are four reigning narratives.
In each case, I sketch these narratives (and what the media wants you to believe), then contrast that sketch with reality supported by hard data.
Continue reading “Four Unbelievable Narratives – James Rickards 7/8/24”
Source: ChildrensHealthDefense.org
Ultra-processed food producers are key actors in a complex global network of influence groups where they exert disproportionate power on global food policy and nutrition policy, according to a new paper in Agriculture and Human Values.