Francesco Carbone

Host of the Italian Podcast Il Truffone. A sound economic view on the Big Picture while Keeping Track of Relevant Details

[SilverTrade @silvertrade]

Who wants to tell all the Bitcoin pumpers who are celebrating the END OF GOLD that Mercury 198 costs $450k per ounce to produce & is radioactive for 15 years⁉️😂
https://t.co/ZfE0NIOAvx

[Francesco Carbone @usemlab]

Un video che ha fatto incazzare le zecche di ogni anfratto di fallitaglia

[Bartolomeo Mitraglia @BMitraglia]

MONOLOGO DI FABIO FERRARI: “MORIREMO DI DIRITTI”

[Francesco Carbone @usemlab]

@PuffoZen52237 @putino Che se la sta a piglia' nel culo... E la sente

[RTodero @RTodero75]

Me l’ero perso. SRA TO SFE RI CO!!!

Non avete diritto a niente!!

[Evan Luthra @EvanLuthra]

🚨 Google lost power in London this morning and Revolut, a bank with 80 million customers, went down with it.

I've spent the morning reading what Revolut users went through. It's wild.

People stranded at petrol stations, unable to pay for fuel or a taxi to the airport.

One traveller couldn't get out of a train station in Japan.

A 71-year-old woman stood at a supermarket till for an hour. Her kid had to drive 30km to bring her cash.

Card payments, transfers, ATM withdrawals, currency exchange, share trading. All down.

Revolut's statement said "all our customers' money and data are safe."

Safe. You just can't touch it.

Google's explanation so far is a "power event" in one zone of its London cloud region. Its advice to affected customers was to move their workloads to another zone or region "if feasible."

Must be nice. Revolut customers couldn't even move £10.

In July the UK government put Google Cloud, AWS, Microsoft and Oracle under direct Bank of England oversight, because one outage at any of them could shake the entire financial system.

12 days ago the Bank of England ran a drill with the UK's 38 biggest banks and market operators. The scenario they practised was a global cloud outage.

And exactly one year ago today, AWS went down and took Lloyds and Halifax with it.

Same date. Different cloud. Lloyds was having problems again this morning.

Revolut spent five years earning a UK banking licence.

Bitcoin has been running for almost 18 years. It doesn't have a London region.

[Stern Drew @SternDrewCrypto]

🚨 They Planned the 2020 Lockdowns to Secretly Bail Out the Banks With $6 Trillion Without Hyperinflation

They didn’t lockdown the world because of a virus. They locked you down because the entire banking system was already on the brink of collapse.

In September 2019 the REPO market exploded. Overnight lending rates spiked. Corporate loans and derivatives were quietly failing. There was no cash left in the repo market and in the system even through banks had Treasuries as collateral.

The Federal Reserve was staring at a full-blown liquidity crisis that could have taken down major banks.

Then, just weeks later, a “once-in-a-century” virus conveniently appears.
By early 2020 the Fed starts pulling hundreds of billions out of the REPO market… right as the first cases hit U.S. soil.

They shut down the entire economy.

Why?

Because if people stop spending, stop borrowing, and stop circulating money, the system can suddenly print $6 TRILLION and dump it straight into the banks without causing immediate hyperinflation.

The lockdowns were a financial operation.

While you were terrified of a virus and watching your business die, the biggest bailout in history was being executed behind closed doors.

The timing wasn’t coincidence. The scale wasn’t accident. The narrative wasn’t organic.

They needed you scared, isolated, and offline so they could quietly rescue the system that was already breaking in 2019.
This wasn’t chaos. This was the plan.

The famous City Of London banker @LordBelgrave already warned about how central banks, IMF and BIS have been planning the new monetary order.

Oil shock? AI crisis? Cyberattacks?

They’re already preparing for the next one.

[Michele Lysander Guetta @MicheleGuetta]

Esattamente questo!

[Francesco Carbone @usemlab]

@MicheleGuetta Beh si era capito quando rifece la dose per riavere il greencaz

[Michele Lysander Guetta @MicheleGuetta]

Un politico normalmente è un cialtrone, può essere un criminale, ma quando se ne sbatte dell'opinione pubblica è un maledetto psicopatico

[Francesco Carbone @usemlab]

@lucayepa Si però'auro volante è la solita cagata pazzesca di Ilona muschio
https://t.co/VHeTkzj7LJ

[Robert ₿reedlove @Breedlove22]

Bitcoin is a bloodless revolution.

[HWL @HWLinvest]

Europas ledare har lyckats med ett otroligt geopolitiskt hattrick: Man gjorde sig beroende av Ryssland för energi, Kina för handel och USA för sin säkerhet, och har på något vänster lyckats bli ovän med alla tre samtidigt.

Ett rent mästerverk i självskadebeteende.

[The Bitcoin Historian @pete_rizzo_]

BANK OF AMERICA ONCE SAID #BITCOIN "HELPS CRIMINALS HIDE ILLEGAL MONEY"

TODAY, THEY GOT FINED $1,200,000,000 FOR MONEY LAUNDERING 🤡

[Francesco Carbone @usemlab]

E tra i fiat economisti di noiantri ci sarebbe da aggiungere drin drin

[Jeff Swanson @theswansjr]

Behold the heroes.
Two Ph.D.s in Economics. Two Nobel Prizes. Decades of tenure, think tanks, and Davos panels.

They looked at Bitcoin at $730, $6,300, $9,900, and $10,200 and declared it evil, useless, dead, and destructive.

Millions listened. Millions were saved.
Saved from ever leaving the fiat farm.
Saved from 10x and 100x returns.

Credentials don't equal wisdom.
Study Bitcoin.
Escape.

[Francesco Carbone @usemlab]

👏👏👏👏

[Leonardo Panetta @LeonardoPanetta]

Il leader dei Metallica James Hetfield, sulla tendenza del momento di fare il comizio sui mali del mondo dal palcoscenico:
“Grazie per i vostri viaggi, i soldi che avete speso, il tempo che ci è voluto.
Grazie di essere venuti a festeggiare con noi.
E devo solo dire che i Metallica non sono qui come altri artisti per influenzarvi con le loro ca***te, okay?
Niente ca***te”.

[Bitcoin Archive @BitcoinArchive]

MYTH: "Bitcoin is for criminals."

REALITY: Traditional banks handle over 95% of global money laundering.

[Saifedean Ammous @saifedean]

@Muhamma55910196 Selgin is a clown incapable of making actual arguments, just snarky eyerolls.

[Alessandro Fusillo @AlessandroFusi9]

Le banche non dovrebbero creare proprio nulla, men che meno il denaro.
Qualsiasi quantità di denaro è sufficiente per le esigenze di un'economia.
Se però le banche non possono svolgere l'attività tipica dei falsari, cioè creare denaro, succede una cosa curiosa. Il denaro invece di perdere potere d'acquisto (inflazione) aumenta di valore (deflazione). In sostanza stipendi e risparmi valgono di più.
Smettiamo di credere all'economia mainstream che ci racconta che la creazione del denaro è utile e necessaria.
Lo è per chi paga gli economisti ed esperti, cioè le banche.
Chiedete perché non si arriva più alla fine del mese.
Perché c'è qualcuno che bara e che vi ruba i soldi mentre stanno sul conto o nel portafogli.
Chiudere le banche centrali, vietare la creazione di denaro desscrivendola per quello che è: una truffa.
La semplice ricetta per risanare l'economia in poche settimane.

[The Macro Paper @macropaperr]

Performance of fiat currencies since 1971:

🇻🇪 Venezuela: -99.99%
🇹🇷 Turkey: -99.99%
🇵🇰 Pakistan: -99.2%
🇮🇳 India: -98%
🇰🇷 South Korea: -95%
🇬🇧 UK: -93%
🇺🇸 US: -87%
🇨🇦 Canada: -87%
🇨🇳 China: -86%
🇸🇦 Saudi Arabia: -81%
🇴🇲 Oman: -80%
🇸🇬 Singapore: -77%
🇯🇵 Japan: -71%
🇨🇭 Switzerland: -66%

This is a sign that the biggest threat to your savings isn't always a market crash but holding a currency that goes down in value every single year.

[Saifedean Ammous @saifedean]

https://t.co/DtJw78w8iQ