@erosbrousson To your comment about American sports watchers.. We do have NASCAR, which seems appropriate based on your description of French Tenis watchers.
‼️I AM AN IRANIAN WOMAN LIVING IN TEHRAN AND I CAN HEAR THE SOUND OF BOMBING OUTSIDE. IN CASE I AM DEAD TOMORROW, I JUST WANT YOU TO REMEMBER THIS. PLEASE, SHUT THE FUCK UP!‼️
This is the message that an Iranian woman living in Tehran wants to send to all the idiots to not to use her against America and Israel to try and convince them to stop. WE asked for this. WE want this attack. WE had one option, to protest this bloody regime and they killed 40,000 of us in two days…
WATCH!👀 This powerful message. And pass it on.👇👀👂🎥
@piersmorgan Aren't there already tariffs on products imported into the UK from the US? And in the US we're being barraged with "tariffs being a tax on the people", so why would we care if you tax your population more?
It comes down to this. On August 15, 1971, Nixon took the USD off the Gold Standard.
Because the USD became the principal reserve currency after WW2, every other currency derives some of its value from the stability the USD provides.
But, if you take USD off a reference, whether its Gold or some other accepted form of money, then its just Fiat and depends on faith the US will not debase its currency.
But debasement is not just outright money printing. A currency is strong because investors just its laws, its data, the ethics and discipline of its central bank.
The BLS just revised its jobs data lower by 900,000 in 2024, following a downward 800,000 revision in 2023. Its inflation data is also suspect.
The Federal Reserve has been accused of being too slow to hike in 2021 and too slow to cut in 2024. They have ventured into areas there mandate doesn't explicitly cover, and currently they have one governor being investigated for alleged mortgage fraud. They have previously have Fed presidents resign for self dealing on material non public information.
Oh and the laws. You know I could write book on this, but suffice to say the SEC is seen as ineffective in enforcing investor rights and is thought by many to be captured by Wall Street.
In short, investors are losing faith in the integrity of the US dollar, as never ending budget deficits and questionable performance of the institutions that are/were the bedrock of the US Financial system are undermined.
But as I mentioned before, if you lose trust in the US dollar because its fiat and not backed by anything but the word of the US Treasury, do you move to another fiat currency with the same risks?
No, you seek an alternative to Fiat.
Gold
Silver
Maybe some Crypto based alternative like BTC which can be fully audited, transparent and not hackable.
Every day the distrust in FIAT grows, and the US debt is too high for another Volker moment.
@Delta Have a 1 hour layover in JFK to get my wheelchair from domestic terminal to international terminal, any advice as I doubt I will get from my 1st flight to the 2nd gate in 15 minutes...
⚡️ YIELD BOSS ONBOARDING UPDATE ⚡️
Check your dm's asap, all messages have been sent out. Do not drag your feet, we are closing May 15th until the Fall. The next time we open this server this team will be up an additional 30 million minimum
$spy #spy $amc #amc $gme #gme $btc #btc