For 40 years USA survived on cheap debt. Rates fell, they borrowed more, kicked the can. Now rates are surging and they owe $39T. Every 1% increase in rates costs $390B in extra interest per year. They are already running a $2T annual deficit. They’ll be forced to print money to buy their own bonds to keep the system alive. This is the beginning of the end for the USD.
🔥HUGE: WESTERN UNION TO LAUNCH SOLANA-BASED STABLECOIN NEXT MONTH
The firm plans to launch USD-backed stablecoin USDPT, for onchain settlement as an alternative to SWIFT.
It also plans to launch “Stable Card” for global consumer spending and stablecoin access across markets.
🚨🚨 One of the biggest scandals of the year:
After FBI Director Kash Patel's email was hacked and old photos of him were leaked, some cybersecurity specialists examined his account and found the following:
Kash identified himself as female on the Mindbody app.
He subscribed to several websites via his email address.
Instead of using multiple aliases to protect himself, he used the name "spiderkash" not only for his email addresses but also for several accounts, including eBay.
He buys clothes from Hong Kong and prefers Toyota cars.
Many of his old passwords were leaked, and he later changed them.