Fenni Ali

Link Marine

[Fenni Ali @fenni_ali]

@leshka_eth What you think about $dummy very relatable + very strong community. Twitter page funny and active. Sub 1 mil Mkt cap

[Fenni Ali @fenni_ali]

@RoaringKitty $banana is a sleeping giant

[Fenni Ali @fenni_ali]

@SilverBulletBTC $banana gonna lead me there today - first meme coin in space - will get back to you after the launch

[Fenni Ali @fenni_ali]

@teslaownersSV Distance between Earth and Space = 62 miles
$banana = 62x

[Fenni Ali @fenni_ali]

@teslaownersSV I see a $banana in there !!!

[Fenni Ali @fenni_ali]

@MillionsCTO Just made $500 but I AM NOT SELLING UNTIL WE REACH THE MIIIILLLLIIOOOONNNNNN

[Fenni Ali @fenni_ali]

@Memecoinon_sol Legit project

[Not Jerome Powell @alifarhat79]

Me at the bank with a 428 credit score

[The Kobeissi Letter @KobeissiLetter]

Interest Rates on Deposits, by Bank:

1. Wells Fargo: 0.15%
2. Citibank: 0.05%
3. Chase: 0.01%
4. Bank of America: 0.01%
5. US Bank: 0.01%

Rates on Alternatives to Bank Deposits:

1. CDs: 5.0%
2. Money Market: 4.5%
3. Treasury Bonds: 4.0%

Deposits continue to flow out of banks at a historic pace with $1 trillion+ withdrawn over the last year.

The era of "free" money for large US banks is coming to an end.

They must raise interest paid on deposits or capital will continue to leave.

[The Kobeissi Letter @KobeissiLetter]

Current situation with the debt ceiling:

1. On one side, Republicans are unwilling to make a deal without spending cuts.

They believe this is a “spending issue” as the US now spends 24% of GDP annually, nearly a record.

2. On the other side, Democrats to do not want to cut spending, but simply just raise the debt ceiling.

House Speaker, McCarthy, just said that the US generating revenue equal to 20% of GDP, well above average.

This is why they view the crisis as a spending issue.

Meanwhile, the US has just $57 billion in cash on hand and is 9 days away from a potential default.

We are spending over $1.3 billion a day on interest ALONE.

Markets are dropping and borrowing costs are rising as the deadline nears.

What’s the solution here and which side is correct?

[The Kobeissi Letter @KobeissiLetter]

Markets are turning lower now as the debt ceiling game continues.

In less than 9 days, the US Treasury could default as they now have just $57 billion in cash.

To put this in perspective, the US spends over $1.3 billion PER DAY on interest expense alone.

This will come down to the final hours which is sending borrowing costs sharply higher.

While a default will likely be avoided, taxpayers and markets will pay the price for this costly game.

The system is clearly broken.

[Fenni Ali @fenni_ali]

@elonmusk End

[Matt Golt @mgolteez]

Airports should have gyms.

[The Kobeissi Letter @KobeissiLetter]

Current situation:

1. Stocks up like the Fed is done raising rates

2. $VIX up like the bear market just started

3. Oil up like the recession was cancelled

4. Gold up like the recession just started

5. Housing market down like rates are set to soar

It's 2022 all over again.

[HasbullaHive 🐐 @HasbullaHive]

Watches Wolf of Wall Street once https://t.co/zzOhmezogG

[Elon Musk @elonmusk]

Those who want power are the ones who least deserve it

[Elon Musk @elonmusk]

🇲🇦🇲🇦 Congrats Morocco!! 🇲🇦🇲🇦

[WF @WhaleFUD]

JUST IN: 120 firms affiliated with #FTX are filing for bankruptcy.

[Callaway🇹🇹 @Ripbobby_G]

he gone test you before he bless you🙏🏽