They lied to you about Iraq.
They lied to you about COVID.
They lied to you about Russiagate.
They lied to you about the Ukraine War.
They lied to you about beheaded babies.
But you think theyโre telling you the truth about who bombed a hospital in Gaza?
Wake up.
The Savings Rate just collapsed down to 2.2%, the lowest level ever. ๐
Means Americans are running out of money. Last time it was this low was 2006-07. Right before GFC.
Major Recession Warning. Expect a big decline in consumer spending in 2023.
China has developed an app where all debtors can be tracked in real timeโฆ it is part of Chinaโs social credit systemโฆ
If your score drops too low you lose access to services.
Full-on crash mode.
Retail traders spent $18 billion buying put option protection last week, a record.
They're holding $46 billion worth of index futures net short, a record.
Leveraged traders are betting on very, very bad things happening very, very soon.
The Fed just raised rates by 0.75 points for the THIRD time this year. Americans already know we're in a recession. They feel it at the gas pumps and grocery stores. The system is RIGGED.
And we finalized!
Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today.