BREAKING: White House confirms Biden will not take a cognitive test as part of his upcoming physical exam.
Biden will be first U.S President in history to refuse a cognitive test.
Here's Vivek Ramaswamy in 2015, scamming the public on his Alzheimer drug that had already failed drug trials 4 times before he bought it for pennies.
He rebranded it & took the company public in an IPO. Then he & his family dumped $2 billion of stock before it failed again.
Perfect video illustrating how Vivek Ramaswamy made his fortune on grifting investors.
People are catching on that he's a smooth talking psychopathic snake oil salesman
"Conspiracy theory" time 👇
Phase 1: Russia
Phase 2: Middle East
Phase 3: China
Phase 1: Tie up Russia in the north so they're unable to support their allies in the Middle East
Phase 2: Pivot away from Russia leaving Europe to hold the bag.
Provide strategic air support for…
Every president with Biden's approval rating has either started a war or resigned due to political scandal.
It's a 100% certainty that at least one of the above will occur.
It's fascinating watching the government use the same playbook from 40 years ago.
Every single excuse Milton Friedman said they'd use is word-for-word what's being said today.
🚨BREAKING: The FDIC "mistakenly" releases complete version of a document showing U.S. government spent $12,700,000,000 to bail out 10 wealthy depositors amid banking crisis in March.
10 depositors had $13.3B in SVB, that's why the FDIC bailed them out.
(Spoiler alert: They were Chinese accounts)
This wasn't about systemic risk, it was about bailing out the billionaires who were caught.
Probably the most astounding interview I've seen in a while.
"You didn't answer his important question... Who is advising the president on shockingly naive price theory over a gallon of gas?"
"Is this just central planning now? Where is this White House going?"
@daniel_stocks8
Let's assume The Great Reset is real & the 3 superpowers are breaking the world so they can divide it into 2 trading blocks.
That would involve a decade or 2 of pain with slow growth. For nations to survive they'll need to nationalize industries so they can produce at a loss.
Charles Schwab owes 130% of their total equity capital to short duration FHLB loans that have to be paid back soon.
Total assets $350 billion... There's your September Lehman Brothers.
Bear Stearns Collapse March 16, 2008
Lehman Brothers Collapse September 15, 2008
Silicon Valley Bank Collapse March 10, 2023
******************* Collapse September 15, 2023 🤫
Rick Santelli gets it.
If rates go this high it will destroy the gold market like the 1980s & cause a debt collapse outside of the US, securing the Dollar's position as the global reserve currency.
Yields are rising because the Fed is collapsing M2 Money Supply for the first time since the Great Depression.
There simply aren't enough Dollars to cover debt issuance anymore. This will lead to a massive insolvency crisis, fully engineered by the Federal Reserve.
The U.S. is bankrupting everyone else so the Dollar maintains its reserve status.
They don't care how bad it gets in the U.S. as long as it's worse everywhere else.
◉ US Treasury credit default swaps are the highest we've ever seen
◉ Nasdaq call volume is the highest in 8 yrs
◉ Bank deposits & M2 money supply are experiencing the most severe drop since 1929
A sudden reversal in these could trigger the greatest market correction in 90 yrs
BREAKING: Wells Fargo executive Greg Beckett has jumped to his death from the 14th floor of the bank's Delaware office.
Greg was responsible for Wells Fargo's internal controls, with the aim of safeguarding the bank from risks.
Current unrealized losses in the US banking system is -$1.8 trillion out of only $2.2 trillion capital
With corporate taxes due Sep 15 & possible gov shutdown Oct 2, the general public has no idea the banks are already insolvent entering a nightmare liquidity scenario in October
Charles Schwab owes 130% of their total equity capital to short duration FHLB loans that have to be paid back soon.
Total assets $350 billion... There's your September Lehman Brothers.
Every president with Biden's approval rating has either started a war or resigned due to political scandal.
It's a 100% certainty that at least one of the above will occur.
2008: The Collateralized Debt Obligation (CDO) market was $400 Billion in derivatives before it collapsed
2024: The Collateralized Loan Obligation (CLO) derivatives market is valued at $1.25 Trillion
Yellen was questioned about China suddenly dumping $859B US treasuries due to war
Few understand the US has already been preparing for this event which is why they're restricting the Dollar supply by destroying crypto exchanges, raising rates & have $2.5T in Reverse Repo waiting
If everyone is selling U.S. treasuries at fire sale prices, the U.S. will simply buy up all of its own debt with the skyrocketing Dollar.
You can't default on your debt if you own most of it, thus resetting the cycle of U.S. debt being the most stable in the world 🤫
2008:
◉ Lehman Brothers was $600 billion
◉ The CDO market was $400 billion
2022:
◉ The crypto market is $2.5 trillion with most of it built on a 10:1 leverage ratio
◉ The CLO market is $1.2 trillion in a $12 trillion structured credit fixed-income market
See any problems?
Jerome Powell said the quiet part out loud back in 2011.
When they pass the debt ceiling the U.S. government needs to create chaos in Europe & the stock market, driving up demand for the newly issued government bonds.
This has always been the plan 🤫
When the debt ceiling passes the Treasury must create a market for trillions of $'s worth of new treasuries. They can't do this with the stock market making new highs.
So what does J.P. Morgan & BlackRock do to create demand for the government they own...
They crash the market😏
Alan Greenspan gave away the game plan years ago.
US isn't going to default on its debt. They're going force everyone else to default on theirs by rates & Dollar shortages.
When everyone is forced to sell US Treasuries they'll buy them below face value.
If everyone is selling U.S. Treasuries at fire sale prices, the U.S. will simply buy up all of its own debt with the skyrocketing Dollar.
You can't default on your debt if you own most of it, thus resetting the cycle of U.S. debt being the most stable & valuable in the world 🤫
Banks are telling you to buy stocks, saying the bottom is in & cancelling their recession calls for Europe.
Meanwhile, all of them are closing investments, departments & laying off staff.
Seems unusual, no? 🤔
Funniest people are those who think the '20 crash was caused by a virus.
The banking system was already collapsing Sep '19 forcing the Fed to start REPO interventions like '08. The system only collapsed when the Fed pulled REPO away
2023 is the same game plan with BTFP & OCE 🤫
The Fed admits guilt of causing the 2020 crisis by pulling the Emergency Repo rug at exactly the worst possible time, despite the banking system being on life support since Sep 2019
The Repo rug was pulled right after Powell attended the Bezos party 🤫
Perfect video illustrating how Vivek Ramaswamy made his fortune on grifting investors.
People are catching on that he's a smooth talking psychopathic snake oil salesman
Vivek Ramaswamy made his money scamming investors with a $2 billion IPO for an Alzheimer drug that had already failed certification 4 times...
He bought it, rebranded it knowing it wouldn't pass. Then he took the company public with a $2 billion IPO & cashed out.
Bitcoin and OpenCoin(Ripple) was born on same IP address - 64.202.167.192
GPS located literally right next to Phoenix, AZ.
How coincidence right? 😉
Cool find by
@FrenchGrillz
🚨🚨The Fed started Repo Operations this week 🚨🚨
This is the final warning before a crash, it's a self-fulfilling prophecy now. This confirms inter-bank lending has stopped and we're on the verge of a crash.
The Fed knows, the banks know and now you know.
Free market economics died when Powell attended Jeff Bezos' lavish 1% party in January 2020.
This was at the peak of emergency Repo Operations right before Repo was pulled back, leading to the crash. They all knew what was going on 6 months ahead of time.
Update: S&P 1929 vs 2023
The S&P 500 index was officially created in 1957 but data from companies it tracks goes back to 1871.
Data is compiled in the chart you see & represents an accurate picture of what happened back in 1929.
Good luck everyone 🫡
So far this week:
1) TD Ameritrade document storage facility burns to the ground, destroying all evidence for DoJ investigation
2) J.P. Morgan deletes 47 million emails by "accident"
3) Biden delays sub implosion news from Sunday until whistle blower documents released today
BREAKING: The Federal Reserve will end the BTFP emergency funding for banks on March 11, 2024
It's a 2020 repeat all over again. A crash orchestrated by Jerome Powell
The Fed's emergency BTFP jumped by another $7B this week, injecting fresh liquidity into the banks/markets.
Massive FHLB loan repayments are due by these same banks in 60 days.
Powell would never pull the liquidity rug away in Jan, at the worst possible time again... right...😏
If you lose your full time job and have to take 2 or 3 part time jobs to keep paying your mortgage, the current administration counts that as job growth.
That's how messed up the system is right now.
BREAKING: The Pentagon has failed its annual audit with $3.8T in missing military assets.
Now where have we heard this before? 🤔
HT to
@Readaccoun94493
Sep 10, 2001:
1 day before 911 Donald Rumsfeld revealed the Pentagon had lost track of $2.3T in transactions
Conveniently the financial records were destroyed the very next day when a cruise missile hit the Pentagon. No one asked questions after this as the nation was now at war
◉ US Treasury credit default swaps are the highest we've ever seen
◉ Nasdaq call volume is the highest in 8 yrs
◉ Bank deposits & M2 money supply are experiencing the most severe drop since 1929
A sudden reversal in these could trigger the greatest market correction in 90 yrs
Update: S&P 1929 vs 2023
The S&P 500 index was officially created in 1957 but data from the predecessor indexes & companies it tracks goes back to 1871.
Data is compiled in the chart you see & represents an accurate picture of what happened back in 1929.
Good luck everyone 🫡
Ever heard of Truist Bank before? I haven't.
It has over $500 billion in assets & could be on the verge of failure along with Charles Schwab & HSBC.
Are we about to experience another Lehman moment in September?
Not long to find out... 👇
Bear Stearns Collapse March 16, 2008
Lehman Brothers Collapse September 15, 2008
Silicon Valley Bank Collapse March 10, 2023
******************* Collapse September 15, 2023 🤫
The US isn't going to to default on its debt. They're going to make treasuries worthless so everyone will be forced dump them for Dollars
Then they simply print when there's a global Dollar shortage, buy all of the worthless treasuries & take them out of circulation
Great Reset
20 years ago I used to think fighting and dying for your country was the most heroic thing you could do.
Then I realized the only reason you're being sent to die is to protect the wealth of those who aren't willing to fight.
BREAKING: BMO bank has disclosed $32.8 billion worth of mortgages in Canada are negative amortized.
Negative amortization is when the total amount you owe on your mortgage increases instead of falls every month, putting you deeper into debt.
Jeff Bezos attended a lavish White House dinner on Wednesday.
Other business leaders in attendance were Jerome Powell, JPMorgan CEO Jamie Dimon, Apple CEO Tim Cook, and BlackRock chief Larry Fink and Japan's Prime Minister Fumio Kishida.
Wonder what they talked about? 😏🤫
BREAKING: UnitedHealth says they've been working with Palo Alto Networks and Google Cloud’s Mandiant to assess the security breach that has taken down their service for the 7th day.
How did Nancy Pelosi know before the public?
BREAKING: Nancy Pelosi opens a $1.25 million call position in Palo Alto Networks
Palo Alto Networks, Inc. $PANW provides cybersecurity solutions worldwide. What does she know that we don't?
Printing $5T in 2020 was the largest asset trap history.
Not only did they create an insane bubble causing people to over leverage in housing & assets, but then they raised interest rates 500% quicker than at any time in history.
All designed to destroy the middle class.
History repeats because human behavior hasn't changed. While Steve Bannon & Roger Stone have controversial views, it's hard to argue they aren't well versed in history & behavior.
When times get tough you create an external crisis to galvanize the public.
Ever heard of Truist Bank before? I haven't.
It has over $500 billion in assets & could be on the verge of failure along with Charles Schwab & HSBC.
Are we about to experience another Lehman moment in September?
Not long to find out... 👇
BREAKING: Moody's changes outlook on United States' ratings to Negative
Moody's: Debt affordability in the U.S. to be significantly weakened.
Of-course they waited until after close on Friday, before OpEx week and a government shutdown on Friday to do this 😉
It's called a blow off top...
It always happens when economic and liquidity conditions have worsened because they want retail all in before they rug it.
The crypto pump was perfectly timed to suck retail back in right b4 they passed the new SWIFT rules.
99% of retail are below the $100k min threshold which means their money is trapped on Feb 1st, while the people who crafted the pump can still cash out b4 exchanges fail.
Genius
Alan Greenspan gave away the game plan years ago.
US isn't going to default on its debt. They're going force everyone else to default on theirs by rates & Dollar shortages.
When everyone is forced to sell US Treasuries they'll buy them below face value.
If everyone is selling U.S. Treasuries at fire sale prices, the U.S. will simply buy up all of its own debt with the skyrocketing Dollar.
You can't default on your debt if you own most of it, thus resetting the cycle of U.S. debt being the most stable & valuable in the world 🤫
The SVB bailout was about bailing out the 10 Chinese billionaires who had $13.3 billion in the bank.
The cover story is they're saving us, but in actuality they're buying the wealthy time to get out.
10 depositors had $13.3B in SVB, that's why the FDIC bailed them out.
(Spoiler alert: They were Chinese accounts)
This wasn't about systemic risk, it was about bailing out the billionaires who were caught.
The Fed pulled -$50B emergency OCE liquidity away from the banks this week... -$50B in 1 week!
Back in 2020 they pulled -$25B for 4 weeks.
The Fed is purposely causing the market crash just like they did in 2020, just like I said below👇... those MFers! 😡
Funniest people are those who think the '20 crash was caused by a virus.
The banking system was already collapsing Sep '19 forcing the Fed to start REPO interventions like '08. The system only collapsed when the Fed pulled REPO away
2023 is the same game plan with BTFP & OCE 🤫
Banks are telling you to buy stocks, saying the bottom is in & cancelling their recession calls for Europe.
Meanwhile, all of them are closing investments, departments & laying off staff.
Seems unusual, no? 🤔
"Conspiracy theory" time 👇
Phase 1: Russia
Phase 2: Middle East
Phase 3: China
Phase 1: Tie up Russia in the north so they're unable to support their allies in the Middle East
Phase 2: Pivot away from Russia leaving Europe to hold the bag.
Provide strategic air support for…