🚨 I've been saying this for THREE years. It's not a drill.
The legacy system is done. Beyond done. There is no way to fix it. The moment that reality hits the masses, things will break fast.
I lived it in Lebanon. Others have lived it in Ukraine, Venezuela, and Iran. And whether you like it or not, the US is not immune.
There are people responsible for this. You don't hate them enough.
NO ONE IS COMING TO SAVE YOU!
Get out of worthless paper and into hard assets they cannot destroy.
I prefer Bitcoin in full self-custody. Listen to this excellent clip from @LukeGromen he articulates perfectly.
*BESSENT: AI FIRMS NEED TO EXPLAIN TO PUBLIC HOW BENEFITS THEM
Oh, the public understands AI perfectly well:
AI is going to "benefit" them the same way that offshoring manufacturing to China "benefited" US manufacturing jobs, which are...still down ~27% from 2000 levels👇:
In her latest sciolistic letter to me, @SenWarren made it clear that she knows even less about foreign exchange markets than she does about banking.
What is equally shocking, but not surprising: not a single member of the media mob has a rudimentary-enough level of financial market literacy to spot her remedial error.
To reiterate: under @POTUS, the United States delivers for America’s trusted partners.
For a fuller explanation, I recommend Senator Warren take any entry level course in international finance for her and her staff, or I can personally give her a tutorial on Foreign Exchange for Dummies. Although I am not holding my breath, I hope her next letter will demonstrate that she has learned the difference between a currency purchase and a swap or a loan.
Bessent: “We will grow our way out of debt.”
Real GDP growth:
2023: +2.9%
2024: +2.8%
2025: +2.1%
2026: +1.5% (Q2 annualized)
US debt growth:
2023: +7.2%
2024: +6.9%
2025: +6.1%
2026: +7.5% (last 12 months)
Debt is growing 2–3× faster than the economy.
You don’t grow your way out of debt when the debt is outrunning growth every single year.
It’s not looking good.
Dear dumbass liberals,
You don’t get to backtrack on your vaccine positions and retroactively portray yourselves as reasonable people who were simply “following the science.”
We were all living through the same reality, hearing the same experts, and being presented with the same information. The difference is that we questioned what we were being told and exercised good judgment.
So after mocking us, demonizing us, wishing death upon us, and trying to exclude us from society, you don’t get to rewrite history.
You were wrong.
We were right.
Go fuck yourselves.
Forever.
Another really amazing pandemic clip.
October, 2021. CNN sends a reporter to Miami to investigate a school that is considered "anti-vax."
While there the reporter runs into a parent who says that he is not going to have his children get the Covid vaccine.
While being harassed by the CNN lackey, the parent says that fully vaccinated people are still dying from Covid and that Fauci is not the best scientist in the world. The CNN clown scoffs at him and tells him he is wrong.
This exact same week the former head of the CDC Robert Redfield said that more than 40% of people who died from Covid over the past 6-8 weeks in Maryland were fully vaccinated. Soon after, the CEO of Pfizer said publicly that two doses of the vaccine offered almost no protection at all against Covid.
The parent was right. The arrogant CNN reporter was wrong.
Kimbal Musk explains United States Government wants to pay $1 billion dollars per rocket launch
SpaceX came along and said no, the price is way lower at only $50 million
US Government pushed back and wanted the cost $1 billion dollars per launch
“Government would say, "But we'll pay you $1 billion. We just want you to do it our way." No, but that's the wrong way. You have to do it this way. It's $50 million. We were very happy with that price. The government was like, "No, we don't want that." And we actually couldn't believe it. We're like, "But you must want it for a lower price." Actually, they didn't care that much about price.”
Basically it works like this
Old defense contractors can spend as much as they want and the government will pay that amount plus 10%. That means they have an incentive to make the launches as expensive as possible
SpaceX said here’s a fixed price of $50 million and if we can do it cheaper then we can keep the extra money
This is a much better incentive system because it saves taxpayers a huge amount of money and SpaceX gets rewarded for making launches cheaper
@trader_mist Dumbass, he donates all the money from his course to charities. It's a business, of course it needs marketing you financially illiterate troll.