> The most sociopathic despair scam and the scammiest of all "it's the future" tech/blockchain scams in the same year.
I love scams. And I love criticizing them. I love warning people, and I love when deluded bagholders get mad.
First scam (family of scams): With covid, crooks are jumping on the new opportunities which are the vaccine scams.
You got the fake vaccine certificates, those are not the worst, and you got the fake vaccines.
China dismantled a whole criminal network of 80 fake vaccine traffickers, some countries found that hundred of people got "vaccinated" with water.
I am not going to debate on the various vaccine efficiency but I can tell you: If you are getting some phy serum injected, you are NOT immune.
And the second scam: Less dangerous (to health) than the vaccine scams, I present Earth 2. Ah, the virtual Earth.
See, thousands of idiots are paying thousands of dollars (yes yes) to buy squares of a jpeg of earth taken from google map.
The project not only has nothing but - this is just too much - their TERMS AND SERVICES clearly states they have no intention to work on the project, none of the info displayed on their website is correct, and they can run away with your money at any time without any warning. It's really in their terms.
I have never seen a scam just tell "people" (are real humans falling for this?) that basically it was a scam. On top of checking every single box in the signs of a scam!
Dumb morons that fell for this crap claim that it's the future and skeptics just don't get it (here we go again), and that it can't be a scam because it is on the blockchain (wat?). I am not a skeptic, if I was I'd have doubts, here I have 0 doubts I know for a fact it is a scam.
I have never seen anything this stupid. This is the record. I noticed they often liked crypto and Tesla, go figure.
> Told you China were panicking about their demographics! Get used to the 3 child policy. That was quick (not really).
So here we are. I mentionned a few weeks ago that China got its official reproduction numbers about which it was in denial.
They started banning (modern) feminists that they consider are part of the issue which made quite a few people smile (or laugh).
And now they are changing their old child policy and aiming for 3. In a way it was quick, this comes 1-2 months after the news.
But in another way it is really slow as forgive me for saying but that was extremely easy to predict.
"You can't predict the future" what a joke! Another prediction: It will take at the very least 20 years to fix the problem! Amazing call!
> While Israel FX reserves reach a historic high, a centrist & far-right alliance uses the war to challenge Netanyahou.
Israel, which has been accumulating assets for a while and was running out of ideas of what to buy with all that money, just saw its FX reserve cross $194 billion, almost half the country GDP. Still far behind Singapore thought.
This did not stop the center & far right of the country to make an alliance to try and replace Netanyahou, obviously not for financial reasons, with the far right frontman potentially being able to become the new PM. He is in strong support of settling in Palestinian territory. And has the support of the centrists.
I told you, it's possible for far right to get support from elsewhere in the political spectrum. The left/right divide doesn't make much sense 200 years after the french revolution, and the sides have kept getting redefined.
Talking of France, the far right could get the support of what's left of the left (they score about 15% in polls), if you don't understand how relevant that is, make sure to trade EURUSD with high leverage in April 2022, you might get a lesson you won't forget anytime soon.
> Brrrrr: New York FED sees record use of its reverse repo facility. They're puking the cash back! There is too much!
It almost reminds me of Japan. Almost because I wasn't a trader back then. Companies and Wall Street got way too much socialism, they don't know what to do with the money. Unlike the government that will spend it tills its worth nothing.
The numbers reached about 500 billion in a single night, and last week ended at around $2 trillion.
"Stimulus". You can't just throw money and "poof" it's magical everybody is happy. Some people aren't even going to work...
I don't understand how anyone over the age of 25 can fall for the "stimulus" joke. Is Zimbabwe the most powerful nation in the world? NO.
Money is a tool why can't people understand this extremely simple fact?
You can use it for example to give capital to legitime and productive companies, and withhold it from WASTEFUL CROOKS such as THERANOS and TESLA.
This ensures resources are allocated more ideally which obviously will make a country more strong.
> Central Bank Digital Currencies continue to make progress all around the world, and competition is backing down.
A lot is happening. Here is a list:
- The bank of Korea is starting its 10 month CDBC trial in August
- Facebook crypto org quit Switzerland to come back to the USA, and said that if the FED was to make its own crypto, they would drop theirs
- A prominent analyst at HSBC wrote an article explaining that China CDBC could help get its currency adopted worldwide
- Sweden Riksbank announced friday it was moving to phase 2: doing more than simulations, with a bank and an IT company
- Brazil got on board, publishing general guidelines about its own digital currency
> The next Venezuela/Argentine/Zimbabwe/Sudan? Tunisia central banks asks loan from the IMF to avoid "explosion".
In this era of fiat and demagogues making childish promises to gullible electors, countries are collapsing on a yearly basis.
Will Tunisia be yet another name to add to the list? It's governor thinks so, if someone solvent doesn't give them - err I mean "loan" - money.
The governor begged the IMF to answer yes to the PM proposal to get loans in exchange for economic reforms. Someone has to pay for socialism.
Would be quite bold to ask the IMF to kindly be that fool, and for even more money to continue throwing it around to get votes.
The head of government said he was prepared to make cuts in throwing money at (inefficient and wasteful) state owned companies, as well as civil servant wages.
You get all these countries collapsing, but the public doesn't react. Nothing changes. There are no coups either. The USA/NATO preventing those?
This sounds so insane but: AHEM! The trend of countries collapsing every month is not sustainable. At some point it will all explode.
Once the US are no longer able to be the world police, and their allies (Germany, Norway) are no longer able to throw money & stuff at failed states (Greece, every socialist country in the world). "Helping" people doesn't actually help them. It's like getting rich quick, it's actually the slowest way.
I love scams. And I love criticizing them. I love warning people, and I love when deluded bagholders get mad.
First scam (family of scams): With covid, crooks are jumping on the new opportunities which are the vaccine scams.
You got the fake vaccine certificates, those are not the worst, and you got the fake vaccines.
China dismantled a whole criminal network of 80 fake vaccine traffickers, some countries found that hundred of people got "vaccinated" with water.
I am not going to debate on the various vaccine efficiency but I can tell you: If you are getting some phy serum injected, you are NOT immune.
And the second scam: Less dangerous (to health) than the vaccine scams, I present Earth 2. Ah, the virtual Earth.
See, thousands of idiots are paying thousands of dollars (yes yes) to buy squares of a jpeg of earth taken from google map.
The project not only has nothing but - this is just too much - their TERMS AND SERVICES clearly states they have no intention to work on the project, none of the info displayed on their website is correct, and they can run away with your money at any time without any warning. It's really in their terms.
I have never seen a scam just tell "people" (are real humans falling for this?) that basically it was a scam. On top of checking every single box in the signs of a scam!
Dumb morons that fell for this crap claim that it's the future and skeptics just don't get it (here we go again), and that it can't be a scam because it is on the blockchain (wat?). I am not a skeptic, if I was I'd have doubts, here I have 0 doubts I know for a fact it is a scam.
I have never seen anything this stupid. This is the record. I noticed they often liked crypto and Tesla, go figure.
> Told you China were panicking about their demographics! Get used to the 3 child policy. That was quick (not really).
So here we are. I mentionned a few weeks ago that China got its official reproduction numbers about which it was in denial.
They started banning (modern) feminists that they consider are part of the issue which made quite a few people smile (or laugh).
And now they are changing their old child policy and aiming for 3. In a way it was quick, this comes 1-2 months after the news.
But in another way it is really slow as forgive me for saying but that was extremely easy to predict.
"You can't predict the future" what a joke! Another prediction: It will take at the very least 20 years to fix the problem! Amazing call!
> While Israel FX reserves reach a historic high, a centrist & far-right alliance uses the war to challenge Netanyahou.
Israel, which has been accumulating assets for a while and was running out of ideas of what to buy with all that money, just saw its FX reserve cross $194 billion, almost half the country GDP. Still far behind Singapore thought.
This did not stop the center & far right of the country to make an alliance to try and replace Netanyahou, obviously not for financial reasons, with the far right frontman potentially being able to become the new PM. He is in strong support of settling in Palestinian territory. And has the support of the centrists.
I told you, it's possible for far right to get support from elsewhere in the political spectrum. The left/right divide doesn't make much sense 200 years after the french revolution, and the sides have kept getting redefined.
Talking of France, the far right could get the support of what's left of the left (they score about 15% in polls), if you don't understand how relevant that is, make sure to trade EURUSD with high leverage in April 2022, you might get a lesson you won't forget anytime soon.
> Brrrrr: New York FED sees record use of its reverse repo facility. They're puking the cash back! There is too much!
It almost reminds me of Japan. Almost because I wasn't a trader back then. Companies and Wall Street got way too much socialism, they don't know what to do with the money. Unlike the government that will spend it tills its worth nothing.
The numbers reached about 500 billion in a single night, and last week ended at around $2 trillion.
"Stimulus". You can't just throw money and "poof" it's magical everybody is happy. Some people aren't even going to work...
I don't understand how anyone over the age of 25 can fall for the "stimulus" joke. Is Zimbabwe the most powerful nation in the world? NO.
Money is a tool why can't people understand this extremely simple fact?
You can use it for example to give capital to legitime and productive companies, and withhold it from WASTEFUL CROOKS such as THERANOS and TESLA.
This ensures resources are allocated more ideally which obviously will make a country more strong.
> Central Bank Digital Currencies continue to make progress all around the world, and competition is backing down.
A lot is happening. Here is a list:
- The bank of Korea is starting its 10 month CDBC trial in August
- Facebook crypto org quit Switzerland to come back to the USA, and said that if the FED was to make its own crypto, they would drop theirs
- A prominent analyst at HSBC wrote an article explaining that China CDBC could help get its currency adopted worldwide
- Sweden Riksbank announced friday it was moving to phase 2: doing more than simulations, with a bank and an IT company
- Brazil got on board, publishing general guidelines about its own digital currency
> The next Venezuela/Argentine/Zimbabwe/Sudan? Tunisia central banks asks loan from the IMF to avoid "explosion".
In this era of fiat and demagogues making childish promises to gullible electors, countries are collapsing on a yearly basis.
Will Tunisia be yet another name to add to the list? It's governor thinks so, if someone solvent doesn't give them - err I mean "loan" - money.
The governor begged the IMF to answer yes to the PM proposal to get loans in exchange for economic reforms. Someone has to pay for socialism.
Would be quite bold to ask the IMF to kindly be that fool, and for even more money to continue throwing it around to get votes.
The head of government said he was prepared to make cuts in throwing money at (inefficient and wasteful) state owned companies, as well as civil servant wages.
You get all these countries collapsing, but the public doesn't react. Nothing changes. There are no coups either. The USA/NATO preventing those?
This sounds so insane but: AHEM! The trend of countries collapsing every month is not sustainable. At some point it will all explode.
Once the US are no longer able to be the world police, and their allies (Germany, Norway) are no longer able to throw money & stuff at failed states (Greece, every socialist country in the world). "Helping" people doesn't actually help them. It's like getting rich quick, it's actually the slowest way.