Eco/monetary news n°28: They never cease to amaze me
> Chinese court rules LGBT can be called mental disorder, liberal media finds their anti-Putin martyr is huge racist 😂
***********************
In China, the US best friend, a student sued a book publisher for including in a psychology book the information that homosexuality was a mental disorder, and the people's court said "Ye so what? They got a point." (I am paraphrasing).
As the US collapses and is unable to pressure China they might send the LGBT community to camps.
Another similar thing that happened is a Korean soldier that identified as another gender commited suicide, like very of them do, but of course US citizens are blaming the military with 0 evidence like it just HAS to be their fault somehow.
Yet another habit France has exported to the US: whining and blaming others all the time.
I am sure Apple will cut ties to China and Biden will resume the trade war. HAHAHA just kidding of course I don't expect this.
After Saint George Floyd the symbolic martyr of the liberal media, now they hid really hard. They outdid themselves.
Now it's Saint Alexei Navalny the symbolic martyr. They are really good at doing their research.
An opposant to Putin, the liberal media and globalist organisation have officially made him a martyr. Nice 😆
Let me explain to you who Alexei is, you see the internet, even american sites, are full of videos of him.
Alexei would like to "exterminate all cockroaches and flies". In a video he was explaining how nationalism was like dentistry (wat?).
What a guy. Literal neo-nazi. He's worse than Hitler he literally openly says he wants to exterminate everyone 😆
The gloablist-liberal martyr. A literal neo-nazi. Well done. "We're on the right side of history". This is too funny not to comment.
Global organisation "Amnesty" found out and panicked "uh wait we are removing his prisoner of conscience status". Haha!
> I salute Nigeria for their outstanding decision to ban the scammy criminal vehicles called cryptocurrencies 👍
***********************
The country that is now the 25th world economy, prob top 20 soon as everyone else collapses, has banned crypto trading.
More precisely the Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (CBN) have.
They also asked institution to close the accounts of all their clients involved with the pyramid schemes.
In a statement from Nwanisobi, acting director of the central bank, said even famed investor Warren Buffett has called cryptocurrencies “rat poison squared,” a “mirage,” and a “gambling device.”.
First he outlines it's nothing more than a pyramid scheme or a gambling device if you prefer, with extreme volatility and risk and 0 value, the bitcoin bagholders like any good criminal lie through their teeth and pretend "the tech" yes sure, "the teeeech" riiiiight, this is why they get so angry at ideas with a red line to zero, because they care about the tech.
Secondly: "Second, the very name and nature of “cryptocurrencies” suggests that its patrons and users value anonymity, obscurity, and concealment. The question that one may need to ask therefore is, why any entity would disguise its transactions if they were legal. It is on the basis of this opacity that cryptocurrencies have become well-suited for conducting many illegal activities including money laundering, terrorism financing, purchase of small arms and light weapons, and tax evasion."
Well basically what we all already know. They're scams and dishonest Bitcoin bagholders defense is still "can't be a scam because it is based on technology" which makes so much sense.
> I salute the NYAG for fining the crooks behind the Tether fraud $18.5 million over ‘deceptive’ trading practices 👍
***********************
It took 2 years but here we are. It's not diffamation anymore, they are officially crooks. We are used to this so we did not truly expect much, not jail or a complete end to their activities, nah same as usual, a small fine for a big crime.
But it's still something, not sure if it will be enough for them to think twice before manipulating the price, now rather they might think "hey we got away with it last time, let's do it again".
Since the pyramid scheme they threw money in, Bitcoin, went up, they can repay the money they stole so who cares right?
This is how justice works. Steal money, go to the casino with it, if you win it's all good. Very responsible.
> Yellen backs new allocation of IMF's SDR (the IMF currency) to help poor nations (does this include the USA?) 😏
***********************
The US goes back on Trump decision to stop this, they want to continue throwing pity money at garbage regimes, to keep them in power, miserable but not enough to rebel, and maintain their economies down, making sure there is a constant inflow of migrants to support retirees, as well as prevent those countries to organise and increase oil & other goods prices. Well done America!
They also use this to look good and threw some catchwords around in random order "democracy good something something good guys versus bad guys miss teen speech existential crisis climate change" (global warming new name because no one can deny the climate changes wow genius except China still doesn't give a rats ass and they are the world largest economy and soon call the shots get used to it).
> Braindead or troll? Powell: US economy still ‘a long way’ from meeting Fed goals. It is going to sting... 😏
***********************
What are their goals? Not becoming a third world country? Not even going to check.
The US economy must have contracted by close to 100% by now lmao, all being hidden by debt like a husband that lost his job and borrows from friends to hide it from his wife.
Are they really this delusional? When reality catches up it is going to STING. Honestly I can't even imagine how it will possibly play out it is going to be so brutal. Something like Greece I guess? Greece but worse. Worse than the USSR obviously, the USSR did not borrow and import for 20 years to hide the decline. Americans today are complete morons so they won't bounce back, they won't rebuild. I guess states will exit the union and some might do ok. Young americans are so weak, lazy, dumb, entitled, stubborn versus reality.
I don't expect many to take me seriously but you will see, and remember: good times make weak men. They're more than weak here.
"Buying time" was really so bad, should have taken the pill 10-20 years ago.
> Share buying mistakes (because of similar tickers) is on the rise, now bigger than 5% of all trading 🤦♂️
***********************
Kek. I have been repeating for a while there were more and more idiots. Well here is another manifestation of it: They can't even buy the correct stock.
I have no words...
If China does not want to be left holding the bag (they are not strong enough to force America to pay), they have to make smart decisions, including buying gold.
Of course chinese people are not stupid & clueless like americans, therefore they already know this, and are already buying gold and more.
For individual investors too obviously gold is a good way to protect these gains. I don't even remember if we can hold our trading accounts in gold or has to be a fiat 🤔
$1700 is a good price. I can't tell where it goes so anywhere between 1000 & 2000 is fine. For keeping liquid money, risk capital, it is more volatile than Fiats (-) but it does not go to zero (+).
I think there are no broker that lets people have gold accounts... even Bitcoin allows this but not gold. Go hold your worthless ponzis going to zero nice.
Only way is to freeze yet more capital, with limited leverage, and fees... I don't want my trading account to be in shitty euros or dollars...
Actually they are a few, a small handful, of brokers doing this now.
***********************
In China, the US best friend, a student sued a book publisher for including in a psychology book the information that homosexuality was a mental disorder, and the people's court said "Ye so what? They got a point." (I am paraphrasing).
As the US collapses and is unable to pressure China they might send the LGBT community to camps.
Another similar thing that happened is a Korean soldier that identified as another gender commited suicide, like very of them do, but of course US citizens are blaming the military with 0 evidence like it just HAS to be their fault somehow.
Yet another habit France has exported to the US: whining and blaming others all the time.
I am sure Apple will cut ties to China and Biden will resume the trade war. HAHAHA just kidding of course I don't expect this.
After Saint George Floyd the symbolic martyr of the liberal media, now they hid really hard. They outdid themselves.
Now it's Saint Alexei Navalny the symbolic martyr. They are really good at doing their research.
An opposant to Putin, the liberal media and globalist organisation have officially made him a martyr. Nice 😆
Let me explain to you who Alexei is, you see the internet, even american sites, are full of videos of him.
Alexei would like to "exterminate all cockroaches and flies". In a video he was explaining how nationalism was like dentistry (wat?).
What a guy. Literal neo-nazi. He's worse than Hitler he literally openly says he wants to exterminate everyone 😆
The gloablist-liberal martyr. A literal neo-nazi. Well done. "We're on the right side of history". This is too funny not to comment.
Global organisation "Amnesty" found out and panicked "uh wait we are removing his prisoner of conscience status". Haha!
> I salute Nigeria for their outstanding decision to ban the scammy criminal vehicles called cryptocurrencies 👍
***********************
The country that is now the 25th world economy, prob top 20 soon as everyone else collapses, has banned crypto trading.
More precisely the Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (CBN) have.
They also asked institution to close the accounts of all their clients involved with the pyramid schemes.
In a statement from Nwanisobi, acting director of the central bank, said even famed investor Warren Buffett has called cryptocurrencies “rat poison squared,” a “mirage,” and a “gambling device.”.
First he outlines it's nothing more than a pyramid scheme or a gambling device if you prefer, with extreme volatility and risk and 0 value, the bitcoin bagholders like any good criminal lie through their teeth and pretend "the tech" yes sure, "the teeeech" riiiiight, this is why they get so angry at ideas with a red line to zero, because they care about the tech.
Secondly: "Second, the very name and nature of “cryptocurrencies” suggests that its patrons and users value anonymity, obscurity, and concealment. The question that one may need to ask therefore is, why any entity would disguise its transactions if they were legal. It is on the basis of this opacity that cryptocurrencies have become well-suited for conducting many illegal activities including money laundering, terrorism financing, purchase of small arms and light weapons, and tax evasion."
Well basically what we all already know. They're scams and dishonest Bitcoin bagholders defense is still "can't be a scam because it is based on technology" which makes so much sense.
> I salute the NYAG for fining the crooks behind the Tether fraud $18.5 million over ‘deceptive’ trading practices 👍
***********************
It took 2 years but here we are. It's not diffamation anymore, they are officially crooks. We are used to this so we did not truly expect much, not jail or a complete end to their activities, nah same as usual, a small fine for a big crime.
But it's still something, not sure if it will be enough for them to think twice before manipulating the price, now rather they might think "hey we got away with it last time, let's do it again".
Since the pyramid scheme they threw money in, Bitcoin, went up, they can repay the money they stole so who cares right?
This is how justice works. Steal money, go to the casino with it, if you win it's all good. Very responsible.
> Yellen backs new allocation of IMF's SDR (the IMF currency) to help poor nations (does this include the USA?) 😏
***********************
The US goes back on Trump decision to stop this, they want to continue throwing pity money at garbage regimes, to keep them in power, miserable but not enough to rebel, and maintain their economies down, making sure there is a constant inflow of migrants to support retirees, as well as prevent those countries to organise and increase oil & other goods prices. Well done America!
They also use this to look good and threw some catchwords around in random order "democracy good something something good guys versus bad guys miss teen speech existential crisis climate change" (global warming new name because no one can deny the climate changes wow genius except China still doesn't give a rats ass and they are the world largest economy and soon call the shots get used to it).
> Braindead or troll? Powell: US economy still ‘a long way’ from meeting Fed goals. It is going to sting... 😏
***********************
What are their goals? Not becoming a third world country? Not even going to check.
The US economy must have contracted by close to 100% by now lmao, all being hidden by debt like a husband that lost his job and borrows from friends to hide it from his wife.
Are they really this delusional? When reality catches up it is going to STING. Honestly I can't even imagine how it will possibly play out it is going to be so brutal. Something like Greece I guess? Greece but worse. Worse than the USSR obviously, the USSR did not borrow and import for 20 years to hide the decline. Americans today are complete morons so they won't bounce back, they won't rebuild. I guess states will exit the union and some might do ok. Young americans are so weak, lazy, dumb, entitled, stubborn versus reality.
I don't expect many to take me seriously but you will see, and remember: good times make weak men. They're more than weak here.
"Buying time" was really so bad, should have taken the pill 10-20 years ago.
> Share buying mistakes (because of similar tickers) is on the rise, now bigger than 5% of all trading 🤦♂️
***********************
Kek. I have been repeating for a while there were more and more idiots. Well here is another manifestation of it: They can't even buy the correct stock.
I have no words...
If China does not want to be left holding the bag (they are not strong enough to force America to pay), they have to make smart decisions, including buying gold.
Of course chinese people are not stupid & clueless like americans, therefore they already know this, and are already buying gold and more.
For individual investors too obviously gold is a good way to protect these gains. I don't even remember if we can hold our trading accounts in gold or has to be a fiat 🤔
$1700 is a good price. I can't tell where it goes so anywhere between 1000 & 2000 is fine. For keeping liquid money, risk capital, it is more volatile than Fiats (-) but it does not go to zero (+).
I think there are no broker that lets people have gold accounts... even Bitcoin allows this but not gold. Go hold your worthless ponzis going to zero nice.
Only way is to freeze yet more capital, with limited leverage, and fees... I don't want my trading account to be in shitty euros or dollars...
Actually they are a few, a small handful, of brokers doing this now.