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Today @JamesTate121 writes
Saudi Arabia built its future on oil and then covered 300 square kilometers of its own desert with 9 million solar panels and switched them all on simultaneously. The world’s largest single solar installation is now operational in the country that built the modern fossil fuel economy and the symbolism is impossible to separate from the engineering achievement. At full capacity the farm delivers power at a scale that places it in a category of its own, a single continuous installation larger than many cities generating clean electricity from the same desert sun that sits above the oil fields that powered the last century.
BITCOIN
CORPORATIONS ARE ENDING THE BEAR MARKET
HONG KONG WEALTH MANAGER BITFIRE JUST ANNOUNCED PLANS TO BUY 10,000 #BITCOIN
$800,000,000 IN NEW BTC DEMAND COMING ONLINE
BTC is the first asset that literally cannot be seized at a border, confiscated at customs, or frozen by a bank. every geopolitical stress event just proves this more than the last one.
You can blockade roads.
You can blockade ports.
You can blockade people.
You can’t blockade an idea carried by math, energy, and truth.
Bitcoin doesn’t ask for permission.
It routes around control.
That’s why it wins.
How much BTC can the STRC ATM fund right now?
https://btc-reactor.com/strc
ICIJ @ICIJorg
Stories that rock the world. We expose wrongdoing so the world can make it right. #CyprusConfidential #UberFiles #PandoraPapers #FinCENFiles #PanamaPapers
Internationalicij.org
Merck has generated $163 billion in sales of this cancer drug.
@ICIJorg found 1,212 patent applications in 53 countries to protect the drug. While patients around the world seek money to pay for it.
https://www.icij.org/investigations/cancer-calculus/
The estate of Oscar Stettiner, a British-born Jewish art dealer, has won a decade-long court battle over a $25 million painting whose ownership was exposed by secret financial documents obtained by ICIJ and its media partners.
https://www.icij.org/investigations/panama-papers/judge-orders-nazi-looted-modigliani-linked-to-panama-papers-be-returned-to-heirs/
MAGATS
Stupid MAGAts, they just deflect from the fact that they voted from him. Petrol could go up to $200 a gallon, and they still wouldn’t say anything or blame someone else.
They will never admit he’s a criminal, because that would mean he’s made fools out of them all. Republicans are going to get trounced in November. It’s been a long time coming. Vote Blue .
FUNNY STORY
Fed Chair Jerome Powell was quick to refer an investigation into the Fed’s trading scandal to the Inspector General of the Federal Reserve. Notably, he did not refer the matter to the U.S. Department of Justice which has criminal prosecution powers.
ESSAY @Handre
When Andrew Jackson killed the Second Bank of the United States in 1836, America entered its longest period of economic growth in history. No central bank. No monetary manipulation. No artificial credit expansion. Just hard money and free markets doing what they do best.
Jackson understood that central banking represented the ultimate marriage of state power and financial privilege. The Second Bank held a monopoly on federal deposits, could suspend specie payments at will, and effectively controlled the money supply of the entire nation. When Jackson vetoed its recharter, he declared it “a hydra of corruption, dangerous to our liberties.”
He was right.
What followed destroyed every modern myth about the necessity of central banking. From 1836 to 1913, the United States experienced unprecedented economic expansion with no Federal Reserve, no deposit insurance, and no lender of last resort. Real wages doubled. Industrial production exploded. Immigration soared as people fled the monetary chaos of Europe for American opportunity. Banks competed on reputation and actual reserves, not government guarantees.
The panics that did occur were sharp but brief. Markets cleared quickly without government intervention. Bad investments liquidated fast. Resources moved to productive uses. Compare this to our modern system of perpetual bailouts, zombie banks, and asset bubbles that never fully deflate.
Wall Street spent 77 years lobbying to recreate central banking, finally succeeding with the Federal Reserve Act of 1913. They sold it as stability and progress. What Americans got was the Great Depression, endless boom-bust cycles, and a dollar worth 4 cents of its original value. Jackson’s corpse is spinning in its grave while your purchasing power evaporates by design.
The time has come to end the Fed… and the ECB.
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