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Finance

Latest News

Sam_Bankman_Fried_2

November 16, 2022 at 7:22 pm

Relationship Among FTX, Ukraine and Democrats Sparks Speculation…

Is there a questionable relationship between Sam Bankman-Fried’s bankrupt FTX, Ukraine, and the Democrats? In the aftermath of the collapse of the cryptocurrency exchange, new questions are being raised surrounding these connections, from crypto partnerships to the billionaire’s contributions to Democrats…

Stakeholdertoon_Capitalism_the_Big_Reset

November 16, 2022 at 7:00 pm

The WEF’s Stakeholder Capitalism Is Just Global Fascism by Another Name…

The concept of “fascism” was originally entered into the Encyclopedia Italiana by Italian philosopher Giovanni Gentile, who stated that “Fascism should more appropriately be called corporatism because it is a merger of state and corporate power.”…

U.S._Dollar_technology

November 15, 2022 at 7:50 pm

Here Come “Programmable Dollars”: New York Fed and 12 Banking Giants Launch Digital Dollar Test…

Never let a crisis go to waste. Or a market crash for that matter…

Sam_Bankman_Fried

November 15, 2022 at 7:24 pm

Bankman-Fried Trying To Raise Fresh Capital As Bankruptcy Lawyers Reveal More Than One Million Creditors…

We have been waiting for the FTX bankruptcy docket to add anything more than merely procedural filings (or any filings for that matter), and certainly the so-called First Day filings which should lay out what really happened at the now bankrupt exchange-cum-hedge fund, but the only thing we have gotten so far is this: just two entries in the docket for a case which the entire world is closely following…

Sam_Bankman_Fried_Bill_Clinton_Tony_Blair

November 14, 2022 at 7:38 pm

THREAD: Excellent Backgrounder on FTX, Alameda and Sam Bankman-Fried…

Tons of detail and background on this FTX faux crypto exchange many are calling a ponzi scheme designed to collapse so as to bring in regulations for cryptocurrency aka the Federal Reserve…

SBF_Bahamas_Penthouse

November 14, 2022 at 7:05 pm

FTX Founder’s Bahamas Penthouse Goes on the Market for $40M…

Welp, that didn’t take long. I guess it’s a quick clean-up job because the cover-up is already beginning…

Money_Currency

November 14, 2022 at 6:58 pm

Watchdog Exposes ‘Historic’ COVID Unemployment Funds Lost as Congress Investigates…

Hundreds of billions in COVID-19 unemployment funding sent to fraudsters using stolen identities of Americans…

Sam_Bankman_Fried_bloomberg

November 14, 2022 at 6:27 pm

FTX Facing Criminal Probe by Bahamas Authorities, but Musk Counters There Will Be “No Investigation” of “Major Democrat Donor” SBF…

Amid growing speculation of his whereabouts, Bloomberg reports that Sam Bankman-Fried was interviewed by Bahamian police and regulators on Saturday, although Bloomberg was quick to add that in the Bahamas, law-enforcement inquiries don’t necessarily mean someone will be arrested or charged with a crime…

Sam_Bankman_Fried

November 10, 2022 at 7:16 pm

FTX CEO Says “I’m Sorry… I F**ked Up” As Alameda Research Winds Down Trading…

Thinking “I’m sorry…I F’d up” isn’t going to cut it with the billions lost by investors…

Inflation

November 10, 2022 at 6:11 pm

CPI Report – Inflation on Food, Fuel, Home Heating and Essentials Continues Growing – Overall Inflation Moderation Now Claimed as Calendar Cycles…

The Bureau of Labor and Statistics (BLS) provides the latest data on consumer prices (inflation)…

Sam_Bankman_Fried_bloomberg

November 10, 2022 at 6:04 pm

THIS IS HUGE!: FTX, Second Largest Crypto Exchange, Halts Withdrawals As Bankruptcy Nears and Justice Department Circles…

FTX, the second largest crypto exchange, is teetering near bankruptcy this morning; has shuttered withdrawals of money and crypto by its customers; and is dealing with investigations by the Securities and Exchange Commission, the Commodity Futures Trading Commission and the U.S. Department of Justice…

Sam_Bankman_Fried

November 9, 2022 at 6:23 pm

The Crypto Billionaire Featured on the Cover of Fortune in August Has Flamed Out in One Week…Just Learned This Fella Was Dem’s Second Largest Donor…

The August/September cover of Fortune Magazine raised the titillating question as to whether crypto billionaire Sam Bankman-Fried might be the next Warren Buffett – a man whose investment acumen has survived more than seven decades. Less than three months later, the public has its answer. Bankman-Fried’s crypto empire has turned to ruins in one week…

Chart_Using_BEA_Data_on_Where_Inflation_Is_Coming_From

November 7, 2022 at 6:22 pm

An Economist’s Chart Goes Viral: Shows Main Source of Inflation Chart Using BEA Data on Where Inflation Is Coming From…

On April 21 Josh Bivens posted a titillating analysis on the Working Economics Blog. Bivens has a Ph.D. in Economics from the New School for Social Research and is the Director of Research at the Economic Policy Institute. The blog post was titled: “Corporate profits have contributed disproportionately to inflation. How should policymakers respond?”…

Bitcoin_Etereum_Luna_cryptocurrency

November 7, 2022 at 6:08 pm

U.S. Attorney Announces Historic $3.36 Billion Cryptocurrency Seizure And Conviction In Connection With Silk Road Dark Web Fraud…

In November 2021, Law Enforcement Seized Over 50,676 Bitcoin Hidden in Devices in Defendant JAMES ZHONG’s Home; ZHONG Has Now Pled Guilty to Unlawfully Obtaining that Bitcoin From the Silk Road Dark Web in 2012…

New_York_Federal_Reserve

November 7, 2022 at 5:53 pm

Are You Ready for the Coming U.S. Government Default?…

The vast herd of investors are a deluded crowd. Following the Federal Reserve’s much anticipated 75 basis point rate hike on Wednesday the major stock market indexes jumped upward…

Biden_Powell_Green_New_Deal

November 3, 2022 at 8:24 pm

Pretending Continues – Fed Chair Raises Interest Rates 3/4 Point, Blames Russia for U.S Food Prices, Claims Consumer Demand Still Too High…

It’s all a ruse; an economic shell game being played for politics – nothing more…

Diesel_Shortage_Alamy

November 1, 2022 at 6:40 pm

Diesel Shortage Raises Serious Alarm As Fuel Logistics Firm Issues ‘Code Red’ in Southeast…

Everything stops, and I mean everything, without diesel fuel…

Crisis_Bankruptcy_Unemployment

October 31, 2022 at 5:51 pm

High Level International Bankers Simulate the Collapse of Global Financial System…

Well, this can’t be a good sign. Rumors swirl daily, weekly, monthly about an impending financial crash or the U.S. dollar being replaced as the world’s global currency. So when the top global banks from the West convene to “war game” a financial implosion we might be wise to pay attention…

Biden_Gas_Prices

October 28, 2022 at 6:47 pm

Joe Biden Claims Current Gas Prices Lower Than When He Took Office, States Falsely Gas Was Over $5/Gal When He Was Inaugurated…

Why is Biden much less his staff incapable of differentiating between facts and disinformation?…

beef_food_shortages_horizon

October 28, 2022 at 3:18 pm

“Strong as Hell” Economy Is a Mirage of Math…

“President” Joe Biden described the US economy as, “Strong as hell,” in a recent sound bite. No one except his most ardent supporters, a vanishingly small number in reality, believes that…

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