Hmmmmm...Central Banks you say? Teh Iorny.
IMF: Agustín Carstens: The Innovative Central Banker.
Financial Times: Agustin Carsten; "Crypto, but only government crypto." (CBDC).
[...]"the problem with stablecoins is that to assure [their] stability in an ironclad fashion is extremely difficult."
Same as the stock market, then, Slim? Hands off Crypto Control. Hit the treadmill 'Gus.
Coinrank: What is CBDC? A Beginner’s Guide.
Oh Sweet Jesus, Thank you! How perfect! 🤣
At ~ .19 seconds.
Annnnnnnnnnnnnnnnnnd.........mark! Timing starts to see how long Biden's words age very, very badly.
Breitbart: Biden: U.S. Will Not Have a Recession This Year or Next Year.
President Joe Biden said Wednesday on “PBS NewsHour” that the United States would not have an economic recession this year or next year.
[.]
[JUDY] WOODRUFF: So when people at the Gallup Poll saying most Americans think next year the economy is going to be bad, do you think there’s going to be a recession?
BIDEN: No.
WOODRUFF: This year?
BIDEN: No. Or next year. From the moment I got elected, how many of the experts are saying within the next six months is going to be recession?
Well, we sure hope not, Cap'n Diaper. We already had 2Q's of negative growth last year:
PBS, July 29, 2022: U.S. just had 2nd quarter of negative growth.
al-Reuters, July 28, 2022: US Q2 GDP shows 2nd quarter of negative growth.
I don't think anyone can argue that Leni Riefenstahl's PBS and al-Reuters are two Right-Leaning publications. Both, and other news outlets, reported we had 2Q of negative growth last year.
Two consecutive Q's of negative growth have been the past definition of recession. Until last year, when other reasons were added to what defines a recession, meaning we were in a recession even though we weren't. "...Reasons..."
We're likely going to have a recession this year and next year. Because last year...no one could have predicted it. They didn't see it coming.
U.S. Department of Defense: Biden Administration Announces Additional Security Assistance for Ukraine.
Today, the Department of Defense (DoD) announces the authorization of a Presidential Drawdown of security assistance to meet Ukraine’s critical security and defense needs. This authorization, which is valued at up to $2.5 billion, is the Biden Administration’s thirtieth drawdown of equipment from DoD inventories for Ukraine since August 2021. It contains hundreds of armored vehicles, critical support for Ukraine’s air defense, and other important capabilities including: ...
...A bunch o' $tuff. Hit the link.
A reminder from February 2015, The Guardian: Welcome to Ukraine, the most corrupt nation in Europe.
How nice of Biden's handlers to care so much about Ukraine's security and defense needs.
FOX Business News: Five eye-popping spending items in the $1.7 trillion omnibus bill.
Federal lawmakers made public a massive $1.7 trillion omnibus spending bill on Tuesday morning.
The release of the bill, which spans 4,155 pages, comes after negotiations between Senate Republicans and House and Senate Democrats.
[.]
Some lawmakers voiced complaints about the turnaround time to read the bill that contains $858 billion in defense spending and $772.5 billion in non-defense discretionary spending. Republican North Carolina Rep. Dan Bishop pointed to certain provisions of the bill in a lengthy Twitter thread in the afternoon, calling them "egregious."
The bill contains $858 billion in defense spending and $772.5 billion in non-defense discretionary spending.
[.]
One earmark included in the spending bill asks for $3.6 million for a project called "Michelle Obama Trail – PATH Trail Project" in Georgia. *
No, Big Mike's Trail isn't one of the "eye-popping" spending items. Big Mike has something else that is eye-popping.
When did Libs begin worshiping at the Altar of The MIC?
This omnibus bill isn't funny. DC is spending money that doesn't exist.
Read Rep. Dan Bishop's Twitter Thread on this bill HERE.
[The bill] "allocates $410 million towards border security for Jordan, Lebanon, Egypt, Tunisia, and Oman."
Oh, nice that our tax dollars will help border security in Jordan, Lebanon, Egypt, Tunisia, and Oman. What - are there a lot of illegals from Mexico, Latin America, Argentina and Haiti trying to cross into those countries?
This bill is supported by RINO Mitch McWorthless, who referred to the bill's $45 billion in military and economic aid for Ukraine, as [a], "'Number One Priority’ for Republicans amid Inflation, Border Crisis."
But damn you if you accrue over $600 in your Venmo, PayPal or Cash App and fail to report it. The IRS will subject you to a fiscal colonoscopy.
* The Michelle Obama Trail is noted in Rep. Bishop's Twitter Thread. (not the FOX Business link.) Scroll down about 10 Tweet's, you can't miss it, it's in BIG LETTERS.
I know what I copy and paste and I know it was included in the FOX story. They must have updated it and removed Obama's Trail sentence. Then, it was re-Archived. That's strange. I know what I copy/paste!
Citizens New: The world you once knew is OVER: 12 must-see predictions (and solutions) for 2023.
1) Vax deaths accelerate as immune system destruction continues
2) Exploding infertility and stillbirths
3) Deindustrialization of Europe
4) Crop failures / worsening food scarcity
5) Inflation and bailouts / zombie stimulus
6) Banking restrictions on withdrawals of cash
This is already taking place in Nigeria, where bank customers are limited to withdrawals of just $45 a day of their own money. As more governments and central banks push hard into digital currencies, watch for them to make dealing with cash and banks more and more painful, if not at some point impossible. We anticipate bank freezes, bail-ins and insolvency failures beginning in 2023 and continuing for years to come.
7) Digital money rolling out
8) A new pandemic, worse than covid
9) Worldwide CLIMATE lockdowns and engineered fuel scarcity
10) Populist revolts against corrupt governments and rigged elections
11) Huge pushback against censorship by tech platforms
12) Explosion in home gardening and off grid food production, local food barter
I dunno. Maybe, maybe not. Why I'm skeptical about "predictions"? Because I'm not yet driving one of these, which was predicted decades ago:
No one is surprised by this.
Breitbart: Black Friday Disappoints: Thin Crowds and ‘Desolate’ Stores.
The busiest shopping day of the year is not as busy as retailers hoped.
Across the U.S., shopping malls are seeing only thin crowds, according to reports in business media. Inflation and depressed consumer sentiment appear to have dampened the holiday shopping spirit.
Reuters reported:
At Times Square in New York City, which was cloudy with occasional light rain, employees were seen waiting inside stores for crowds that so far had not arrived.
Outside the American Dream mall in East Rutherford, New Jersey, there were no lines outside stores. A ToysRUS employee was seen walking around the mall handing out flyers with a list of the Black Friday door busters.
Bloomberg reported:
Around 10:30am at Crossgates Mall in Albany, New York, the ultra low-cost brands and the higher-end buzzy retailers had the most foot traffic, while the middle-market stores were desolate.
Gap Inc.-owned Old Navy, which was offering 60% off most items, had a line so long that some shoppers turned around as soon as they entered the store. Athleisure favorite Lululemon Inc., which had only a few racks of discounted merchandise, and American Eagle Outfitters Inc.-owned Aerie, a popular intimates brand among Gen Z shoppers, also drew big crowds.
Meanwhile, stores like Banana Republic, Macy’s and Urban Outfitters had no lines at all, and only a handful of shoppers.
But - - - it's a transitory economic issue.
- - -Former US president Barack Obama has arrived in Kenya for a lower-profile visit than the ones he made to the country as senator and president, still he is making headlines and meeting leaders.
The British cave diver publicly called a “pedo” by tech billionaire Elon Musk is considering taking legal action against the Tesla CEO.I like, and have a lot of respect for, Musk, and I think we need to listen to what he says about AI and its potential to be used for harm. But his pedo comment is his ego leaping ahead of his intellect. C'mon Elon, you know better.
[.]
Musk gave no evidence for alleging [rescuer] Unsworth was a pedophile. Unsworth said he would consider taking legal action against Musk over the remarks[.]
McCain's issued statement was among a number of Republican lawmakers who were condemning Trump's appearance in Helsinki, Finland.Yeah, well, fuck you John. I'll take "Word Phrases That We'll Never Hear For $500:" The Answer is: President John McCain. "What are words that John McCain will go to his death never hearing?" I am correct.
[.]
McCain, chairman of the Senate Armed Services Committee and a frequent Trump critic, said in a statement that "no prior president has ever abased himself more abjectly before a tyrant."
President Trump must clarify his statements in Helsinki on our intelligence system and Putin. It is the most serious mistake of his presidency and must be corrected—-immediately.Yeah, fuck these two dinosaurs. Both are irrelevant and long ago obsolete. And Lindsay...well, when one thinks of a "Strong America", the first person that pops into my mind is Lindsay. He's got that Bruce Willis/Charles Bronson/Clint Eastwood aura working for him. Am I wrong?
— Newt Gingrich (@newtgingrich) July 16, 2018
[.]
Senator Lindsey Graham...called the summit a "missed opportunity", a "bad day for the US" that will be sign of weakness to Russia."
... the (European) Council has endorsed the update of the blocking statute annex on the nuclear deal with Iran[.]And when Iran chomps the ass of any part of the EU...gee, I wonder who the EU will go whining to for protection and assistance?
[.]
The "blocking statute" forbids EU firms from complying with US sanctions, allowing them to recover damages from such penalties and nullifying any foreign court rulings against them.
A 32-year-old Google engineer was beaten to death and three others were severely injured... on Friday in the latest incident of mob violence fueled by fake social media messages.Maybe Elon Musk has a plan to solve this problem.
[.]
Since May, at least 25 people have become victims of vigilante justice triggered by fake warnings of kidnappers or organ harvesters circulated on the Facebook-owned messaging platform WhatsApp.
'But the risk that current trade tensions escalate further - with adverse effects on confidence, asset prices, and investment - is the greatest near-term threat to global growth,' IMF Chief Economist Maurice Obstfeld said.And then again, maybe not. I love it when organizations like the IMF, or the World Bank, or the UN put out generalized statements that have as much value as saying, "you know, gambling in Las Vegas could harm you financially." Wow, would anyone think of this shit if it weren't for the IMF, WB or UN? And of course...the EU.
Air China Boeing 737 aircraft was flying to the Chinese city of Dalian from Hong Kong when it went down to 10,000 feet (3048m), with oxygen masks deployed.See, in the U.S. we go and pay good money at amusement parks in order to experience the same kind of thing. With Air China you get two-for-one; one from Corrumn A and one from Corrumn B. It's a Win-Win!
[.]
"In the preliminary investigation, the co-pilot was found to be smoking an e-cigarette," state-owned China News said[.]
 |
| Image: CBC |
Chinese President Xi Jinping said], "China stands ready to work with the EU on the basis of mutual respect, fairness, justice and win-win cooperation, to make still further progress in the China-EU comprehensive strategic partnership and promote bilateral economic and social development and people's welfare.No doubt China and the EU will get along...fabulously.
Plant-based choices will be strongly encouraged and eating more animal proteins will be frowned upon. Switzerland just released a new food guide that encourages consumers to reduce their meat consumption by 70 per cent. It’s happening everywhere.
 |
| "When they take the bacon from my cold, dead hands." |
... a team of entomologists spends a week delving into the dark crevices of a typical Toronto house, finding a whopping 112 distinct species. But they say that's no cause for concern; an insect census taken in homes all over the United States revealed that number is about average.Well, there are worse things, I guess, that could be living in our homes. (Fast-forward to the 2:30 time mark).
Nearly 1,800 Amazon workers in Spain went on strike Monday during Prime Day, the company's biggest sales day of the year, according to labor activitists [sic]. Thousands more Amazon employees in Germany are expected to walk off the job Tuesday, the second day of the 36-hour sale, for similar reasons.CNBC: Amazon's Jeff Bezos wealthiest man in modern history.
According to the Bloomberg Billionaires Index, Bezos’ fortune just crossed the $150 billion mark. That’s $55 billion richer than Bill Gates, at number two.- - -
The National Accountability Bureau (NAB) has decided to seize [five luxury properties held] by General (retd) Pervez Musharraf after he failed to appear before the anti-corruption watchdog over allegations of Rs1,000 billion corruption and owning assets beyond means.- - -
“I feel boundless joy as I convey to you the message of peace, love and good wishes of the people of Eritrea. And, I congratulate you warmly for the successful and historic changes that you have brought about,” President Isaias said at a concert celebrating the peace process at the Millenial Hall in Ethiopia’s capital, Addis Ababa.One. More. Time.
The president’s diet has been ridiculed as childish and unhealthy. Here is what he eats and some of the weird ways he does it. He normally doesn’t eat breakfast.OMG - what a heathen. He skips breakfast. (GAAAAASSSSP!) He must be the only one. Why, I bet Trump wasn't even born in the United States.