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they are a front for the shadowlurkers
babylonbee.com
Now... what do these four people have in common?
Yep, well known.
www.zerohedge.com
Answer: "How do you get the people to demand crypto regulation" for $200 Alex...
usawatchdog.com
Talks about FTX effecting the general stock market and other bitcoins investing in FTX as well
Unstoppable Crash Worse than 2008 Coming – James Rickards
Greg Hunter's USAWatchdog.com Published November 19, 2022
After the inflation, Rickards says count on big deflation. He will explain exactly how that happens in the 58-minute interview.
Join Greg Hunter of USAWatchdog.com as he goes One-on-One with six-time, best-selling author James Rickards. Rickards’ new book “Sold Out” will be coming out in early December.
Six-time, best-selling financial author James Rickards says the upcoming book “Sold Out” lays out the case why a huge crash is already a certainty sometime in 2023. In a nutshell, broken supply chains have already caused big inflation, and the Fed is raising rates to tamp it back down. On top of the perfect storm of inflation and prolonged supply problems, we have the recent meltdown of the FTX crypto currency exchange. Rickards says, “It is definitely going to cause sequential collapses in the crypto world, but will it jump the fence into the broader financial world? My expectation is it will, but it can take six months or more to play out. . . . We probably have an acute global financial crisis coming anyway. If FTX never existed, I would say we are staring at a worse financial crisis than 2008. Throw FTX on top of that, and it’s like throwing gasoline on a fire. It will accelerate the fire. So, we’re probably going to have problems anyway, but the FTX implosion just makes it worse.”
As far as the dwindling supply chains, Rickards says, “The old supply chain has collapsed. A new supply chain will emerge, and I talk about that in my book and what it will look like. Right now, we are in a very messy middle period where things don’t work well. It’s like a vase. You knock over a vase, and it breaks into 5,000 pieces. You can’t put it back together. You’ve got to go get a new vase. We broke the vase, and we are shopping for a new one. We are not there yet. We are just cleaning up the mess. . . . Russia invades Ukraine. The Ukrainian plastic conduit factory shuts down, and all of a sudden, the BMW production lines are shut down because they cannot get a part. Again, this is another example of how this is all falling apart, and it’s not going to be put back together quickly. There will be a new supply chain, and I call it supply chain 2.0, but we are in that in between time, and it’s going to be just a mess.”
Rickards says the Fed is going to keep raising rates because that is what they keep telling the public. Rickards says, “They are telling us what they are going to do, and you should believe them.”
Rickards says we do have inflation, and it’s going to be with us for awhile, but we are also going to get deflation too. Rickards points out, “Why does Warren Buffett and Brookshire Hathaway have $130 billion in cash? Buffett is one of the greatest investors of all time. Why isn’t he out there buying stocks? Again, why does he have $130 billion in cash? It’s because Buffett sees what I see. Yes, this thing is going to completely crash. It’s a really good idea to have cash because you can go shopping in the wreckage and pick up some bargains. My point is, we don’t have to guess. Look at the Treasury yield curve. Look at the euro/dollar futures yield curve. Look at other metrics, and guess what it looks like? It looks like 2007. Everything I am describing, but not quite as extreme by the way, was true in 2007. . . . These euro/dollar futures were behaving then exactly as they are now. Except now, the inversion is even worse, which means we are in for a worse crisis than 2008. It’s coming. Everything I said has nothing to do with FTX. Throw FTX on top, and as I said, you are throwing gasoline on a fire.”
After the inflation, Rickards says count on big deflation. He will explain exactly how that happens in the 58-minute interview.
Unstoppable Crash Worse than 2008 Coming – James Rickards | Greg Hunter’s USAWatchdog
By Greg Hunter’s USAWatchdog.com (Saturday Night Post) Six-time, best-selling financial author James Rickards says the upcoming book “Sold Out” lays out the case why a huge crash is already a certainty sometime in 2023. In a nutshell, broken supply chains have already caused big inflation, and...
www.breitbart.com
None of my money, but I do believe it will expedite the world economic crash. James Rickhards sez History shows Economic Failures take 1-2 yrs to work through the system. 2024 may be dooms day.Ah... no.
Maxine Waters Dodges on Whether Democrats Should Return FTX Donations
House Financial Services Committee Chairman Maxine Waters (D-CA) dodged questions about whether Democrats should return donations from former FTX CEO Sam Bankman-Fried.
Waters said that Republicans and Democrats benefitted from FTX donations, saying, “Well, I don’t want to get into that. As a matter of fact, both sides, Democrats and Republicans, have received donations. So thank you.”
Waters added that the committee will hold a hearing in December to “explore exactly what has taken place” with FTX.
Sam Bankman-Fried contributed millions to Democrat candidates during the 2022 midterm elections; he reportedly donated roughly $38 million to various candidates and PACs.
https://media.breitbart.com/media/2022/11/sam-bankman-fried-ftx-getty.jpg
Maxine Waters Dodges on Whether Democrats Should Return FTX Donations
Maxine Waters dodged questions about whether Democrats should return donations from controversial former FTX CEO Sam Bankman-Fried.
They HAVE to be related.
ex gf is a math genius don'tcha kno...
Obviously, she forgot to carry the 1.... (the blind leading the blind here)
Harry Potter fan ex-girlfriend, 28, of FTX founder Sam Bankman-Fried bragged she only needed 'elementary school math' to be CEO of his start up - despite being propped up by funds from his failed sister crypto exchange
- Caroline Ellison, 28, was the CEO of Alameda Research, which was secretly transferred $10billion of FTX customer money by Sam Bankman-Fried
- The former couple are understood to have previously dated and lived together in FTX headquarters in the Bahamas, but are no longer romantically linked
- She bragged that she didn't need her degree in mathematics to head up the start-up during an interview in 2021
- Collapse of FTX under investigation by the Manhattan District Attorney's office, putting Bankman-Fried under threat of criminal charges in US
Ex of Sam Bankman-Fried bragged she only needed 'elementary math'
The ex-girlfriend of disgraced FTX founder Sam Bankman-Fried bragged that she needed only 'elementary grade math' to run Alameda Research, FTX's affiliated trading firm.www.dailymail.co.uk
We don't have the money, or frankly, the time left, to hold this ditz until she's 90.
