Tuesday, November 30, 2021

The Ongoing Cover Up of the Global Elite’s Child Sex Blackmail Operation

from Greg Reese: TRUTH LIVES on at https://sgtreport.tv/
http://dlvr.it/SDWByw

Judge Blocks Biden’s COVID-19 Vaccine Mandate For Federal Contractors

Judge Blocks Biden’s COVID-19 Vaccine Mandate For Federal Contractors By Zachary Stieber of Epoch Times A judge on Tuesday blocked President Joe Biden’s COVID-19 vaccine mandate for federal contractors, finding that Biden likely lacks the authority to force them to get vaccinated. “This is not a case about whether vaccines are effective. They are. Nor is this a case about whether the government, at some level, and in some circumstances, can require citizens to obtain vaccines. It can,” U.S. District Judge Gregory Van Tatenhove, a George W. Bush nominee, wrote in the 29-page order. “The question presented here is narrow. Can the president use congressionally delegated authority to manage the federal procurement of goods and services to impose vaccines on the employees of federal contractors and subcontractors? In all likelihood, the answer to that question is no,” he said. The judge granted a request for a preliminary injunction by the attorneys general of Kentucky, Ohio, and Tennessee. The White House did not immediately respond to requests for comment. “This is not about vaccines, it’s about the mandates,” Ohio Attorney General Dave Yost, a Republican, said in a statement. “The judge’s opinion clearly states that and it has been our position all along that the president cannot impose these mandates on the people.” Biden signed an executive order on Sept. 9 that led several weeks later to the White House requiring contractors force all their workers to get a COVID-19 vaccine unless the worker is entitled to an exception. Contractors who did not comply with the order, originally set with a Dec. 8 deadline, were poised to lose the government’s business. The states charged that the vaccine mandate was both illegal and unconstitutional, in part because it was imposed with little regard to “important aspects surrounding the mandate, including but not limited to economic impacts, cost to States, cost to citizens, labor-force and supply-chain disruptions, the current risks of COVID-19, and basic distinctions among workers such as those with natural immunity to COVID-19 and those who work remotely or with limited in-person contacts, among other aspects.” The government disagreed, arguing that the president does have authority to regulate contractors under the Federal Property and Administrative Services Act because. Courts have ruled the president can pursue “efficient and economic” procurement, which he was in the order, lawyers asserted. Van Tatenhove sided with the states. Defendants, he said, failed to point to a single instance when the services act was used “to promulgate such a wide and sweeping public health regulation as mandatory vaccination for all federal contractors and subcontractors.” He also expressed concern that the mandate “intrudes on an area that is traditionally reserved to the States,” citing the Tenth Amendment of the Constitution. A preliminary injunction means the mandate is blocked for now in the three states, with the possibility of becoming a permanent block or eventually being allowed to take effect. A preliminary injunction has already been entered against the Biden administration’s health care worker vaccine mandate and a similar mandate for private businesses. Tyler Durden Tue, 11/30/2021 - 21:45
http://dlvr.it/SDW6PF

Biden’s “Big O”

by Simon Black, Sovereign Man: In 1894, a retired university professor named Paul Bachman was living out his golden years in Weimar, Germany. Recently divorced, Bachman filled his days writing books, including what would become a five volume series… about analytical number theory. It wasn’t exactly a James Bond novel; number theorists study things like […]
http://dlvr.it/SDVzzH

Why Is So Much Seismic Activity Suddenly Rocking Our Planet?

by Michael Snyder, End Of The American Dream: Should we be alarmed by all of the seismic activity that is suddenly happening all over the globe?  I don’t know if you have noticed, but major earthquakes and earthquake swarms have been shaking key areas of our planet in recent weeks.  On Monday, it was Japan’s […]
http://dlvr.it/SDVs5T

Error Catastrophe – The Mysterious Disappearance Of COVID Delta Variant From Japan

from Great Game India: Japan’s fifth wave of Covid-19 Delta variant has virtually disappeared so dramatically that some scientists are puzzled as to why it happened. One team suggests the highly infectious Delta strain mutated into extinction on the island nation. In mid-August, Japan experienced a peak in Covid-19 infections, recording over 23,000 new cases per day. Now the […]
http://dlvr.it/SDVRT8

Monday, November 29, 2021

CLIF HIGH TALKS JUAN O’ SAVIN, CHINA, GENOCIDE, AND TRUMP!

from Chembuster: TRUTH LIVES on at https://sgtreport.tv/
http://dlvr.it/SDRWLZ

In Low Key Move, Singapore’s Central Bank Adds 26 Tonnes To Its Gold Reserves

In Low Key Move, Singapore’s Central Bank Adds 26 Tonnes To Its Gold Reserves Submitted by Ronan Manly, BullionStar.com It has just come to light that Singapore’s central bank, the Monetary Authority of Singapore (MAS), added 26.35 tonnes of gold to its official monetary gold reserves over a 2 month period between May and June this year, in the process boosting its strategic gold holdings by 20% to a claimed 153.76 tonnes. This addition to the monetary gold holdings of the Monetary Authority of Singapore was first pointed out by the World Gold Council’s Krishan Gopaul in a 25 November tweet, following an update to Singapore’s gold holdings appearing in the IMF’s International Financial Statistics (IFS) database, a source which World Gold Council uses to keep track of central bank and sovereign gold holdings. Here’s something interesting in the latest IMF stats: The Monetary Authority of Singapore added 26t of #gold to its reserves over May and June 2021. This is its first gold purchase since at least 2000, and another instance of a developed market CB buying (along with Ireland). pic.twitter.com/UeHmAbxRt9 — Krishan Gopaul (@KrishanGopaul) November 25, 2021 May and June: 26.35 tonnes added While it’s unclear why changes to Singapore’s monetary gold holdings from May and June only made it on to the IFS database in recent days, looking more closely, the Monetary Authority of Singapore did ‘reflect’ the May and June gold purchases at the end of July and August, respectively, via updates to the MAS’ monthly “International Reserves and Foreign Currency Liquidity” report, but did not announce or mention the additions specifically. Before looking at how this substantial gold purchase by Singapore went unnoticed, here are the raw numbers from the MAS site itself. Up until the end of April 2021, Singapore’s central bank (MAS) had been reporting total gold holdings of 4,096,439 fine troy ounces, or 127.42 tonnes, a figure which had not changed since at least 2002 (which is as far back as World Gold Council records go). During May 2021, MAS reports that it added 527,201 ozs (16.4 tonnes) of gold, taking it’s gold holdings as of end of May to 4,623,640 ozs (143.81 tonnes). During June 2021, MAS reports that it added a further 319,801 ozs (9.95 tonnes) of gold, which increased MAS’ gold holdings as of end of June to 4,943,441 ozs (153.76 tonnes). This means that over the two months May and June 2021 inclusive, MAS purchased 847,002 fine troy ounces of gold (26.35 tonnes), and in doing so increased it’s gold holdings by 20.67%, and at the same time rising from 30th to 28th place in the world gold holding rankings.\ Quietly and Discreetly Each month, the World Gold Council (WGC) updates it’s World Official Gold Holdings spreadsheet (xls) in which it ranks sovereign gold holders largest to smallest based on how many tonnes of monetary gold each country holds. Looking at the latest version of this report (November), it lists Singapore in 30th position with 127.4 tonnes ‘as of August 2021’, and this spreadsheet has not yet been updated (at time of writing) to reflect the 26 tonnes of gold purchased by Singapore in May and June. The WGC ranking methodology states that: “This table was updated in November 2021 and reports data available at that time. Data are taken from the International Monetary Fund's International Financial Statistics (IFS), November 2021 edition, and other sources where applicable. IFS data are two months in arrears, so holdings are as of September 2021 for most countries, August 2021 or earlier for late reporters”. IMF IFS data will only get updated if and when an individual country informs the IMF of a change to that country’s gold holdings. It appears then that the World Gold Council’s data for Singapore’s gold holdings is based exclusively on the IMF IFS data, and that this IFS data has for some reason only in recent days been updated to reflect Singapore’s gold purchases, which means that for some reason Singapore has only very recently informed the IMF of it’s May-June gold buying. For verification, I ran a data query in the IMF IFS database for search criteria Singapore, for each month of 2021, with the data indicator of “International Reserves and Liquidity, Reserves, Official Reserve Assets, Gold (Including Gold Deposits and, If Appropriate, Gold Swapped), Volume in Millions of Fine Troy Ounces, Fine Troy Ounces”. This data query output the following: IMF IFS data extract showing Singapore's gold holdings from January - August 2021 From the IFS data, you can see that Singapore’s (MAS) gold holdings remained unchanged at 4.1 million ozs until the end of April 2021, then increased to 4.62 mn ozs at the end of May, and then increased again to 4.94 mn ozs at the end of June, after which MAS gold reserves remained unchanged. MAS Monthly International Reserves report However, knowing now that MAS purchased gold during May and June, I went back and checked on the actual MAS monthly ‘International Reserves and Foreign Currency Liquidity’ reports on the MA website. The MAS ‘International Reserves and Foreign Currency Liquidity ‘ report for April 2021, which was published on 30 June 2021, shows the Singaporean central bank reporting a total of 4,096,439 fine troy ounces (or 127.42 tonnes). See Item 4 “Gold (including gold deposits and, if appropriate, gold swapped)”.   The same report for May 2021, which was published on 30 July 2021, then shows that the volume of gold held by MAS at the end of May was 4,623,640 fine troy ounces, which was 16.4 tonnes more than at the end of April. The report for June 2021, published on 31 August 2021, shows that as of end of June MAS held  4,943,441 fine troy ounces of gold, a 9.95 tonne increase over May, and a combined May-June increase of 26.35 tonnes. Just for completeness, the report for July 2021, published on 30 September, shows that gold holdings then remained constant at 4,943,441 ozs, i.e. there were no further gold purchases beyond June. Singapore volume of gold held, as per MAS "International Reserves and Foreign Currency Liquidity' report, end of June 2021. Source Despite the two-month lag in reporting, these reports show that the Monetary Authority of Singapore (MAS) did report increases in gold holdings on 30 July and again on 31 August, but for whatever reason, no one noticed, or else those who noticed it did not publicise it. There is a slight chance that MAS has recently altered it’s “International Reserves” reports since May to retrospectively show these gold purchases, but it would seem quite absurd to do so, even in the secretive world of central bank gold reporting. Besides, an Internet Archive of the preliminary MAS “International Reserves” report for end of August (published end of September) and archived on the Wayback Machine on 6 October, shows that even then (at the end of September) MAS was, on it’s website, reporting it’s latest gold holdings of 4,943,441 ozs. The Secretive World of Central Bank Gold So overall, it seems to be a case of no one noticing the updated gold holdings data in the MAS monthly “International Reserves” reports since the end of July, and at the same time, the Monetary Authority of Singapore (MAS) not highlighting it’s gold purchases to either the gold market or the financial press, i.e. there was no press release, no other form of announcement, nor even any comment on either the MAS website or from central bank officials. In contrast, central banks, such as Poland, have made many public statements about their gold buying, and even signal their gold buying in advance. For a central bank which actively publishes reams of publications and reports on all sorts of topics related to Singapore’s financial sector and markets and it’s international financial position, this omission about Singapore’s sizeable gold purchases could be considered quite strange, but then again, given that we are dealing with the secretive world of gold and central banks, maybe it’s not so strange. In addition, MAS is famous for it’s obsession with maintaining and controlling the exchange rate of the Singaporean dollar (versus a basket of currencies), so perhaps MAS prefers not to draw attention to the amount of gold in it’s international reserves as this might encourage FX markets to view the gold purchase as a move that strengthens Singapore’s reserve position and hence could put upward pressure on it’s exchange rate. Showcase in the GIC (Sovereign Wealth Fund) Office in Singapore commemorating Singapore's first gold purchase of 100 tonnes  in 1968 – "A Torn Dollar Bill And Gold For Singapore". Source From Washington to Switzerland  In 1968, Singapore’s finance minister Dr Goh Keng Swee and senior adviser Ngiam Tong Dow were responsible for securing Singapore’s first gold reserves when they negotiated with South Africa’s finance minister Nicolaas Diederichts to purchase 100 tonnes of gold from the South Africans at $40 per ounce while attending a World Bank meeting in Washington D.C. Realising that the Bretton Woods system would soon collapse, and on advice from Ngiam Tong Dow, Dr Goh decided “In that case, we had better go and buy gold from the South Africans.”   Given that there was an embargo on South Africa, intriguing the gold deal was conducted in Dr Goh’s hotel room in Washington D.C. and they turned up the TV to full volume to counter possible listening devices. According to Ngiam Tong Dow, when Diederichts agreed, he said “OK, you send your man to Switzerland, we’ll deliver the gold to you in Switzerland, and you pay us in Switzerland.” Diederichts then took out a $1 bill, ripped in in two halves, kept one half, and gave the other half to Ngiam Tong Dow saying ‘You keep this. I will keep the other half, and my man will meet you in Switzerland.” And just like that, 100 tonnes of gold changed hands. It may sound like a James Bond storyline, but this story is actually factual.        A few months later the deal was finalised when Ngiam Tong Dow and Singaporean banker Wee Cho Yaw flew into Switzerland and went to the offices of the Swiss Bank Corporation (SBC) where they met the Swiss banker representing the South Africans. Upon handing him the one half of the dollar bill, and seeing that the serial numbers matched, the Swiss banker said “OK, your identity has been established”. And the rest, as they say, is history. Sometime subsequent to 1968 (but before 2002) Singapore added to its gold reserves to bring them up to the 127.4 tonnes level, and now yet again, Singapore has added another 26.35 tonnes during May and June 2021. Extract from "A Mandarin and the Making of Public Policy" Reflections of Ngiam Tong Dow, Source While the negotiation of this latest gold purchase may not have been as intriguing and James Bond-esque as Singapore’s 1968 gold purchase, in the world of central bank gold markets anything is possible, and we could well imagine MAS officials in exotic Swiss locations or Washington DC hotels. But like their 1968 compatriots who were quiet and discreet in their negotiations, so yet again Singapore’s central bankers have added a sizeable tonnage to Singapore’s monetary gold reserves, so discreetly, that no one, until now, even noticed. And that's the way the secretive central bankers like it. Yet with this gold purchase, Singapore's central bankers are now signaling that after years on the sidelines, they feel compelled at this time to come back to the gold market as buyers.  While yet not covered by mainstream financial media, this is a major move by one of the world’s most savvy and discreet central banks. This article was originally published on the BullionStar website under the same title "In low key move, Singapore’s central bank adds 26 tonnes to its gold reserves".  Tyler Durden Mon, 11/29/2021 - 21:40
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OMICRON: AN OBVIOUS HOAX & GLOBAL PSYOP

from State Of The Nation: What better way to perpetuate the highly organized and premeditated Covid Plandemic than to roll out a never-ending series of COVID-19 variants, strains and mutants. What follows is the “OMICRON” global psyop explained by one very revealing graphic. KEY POINT: There are always multiple objectives behind the launching of any […]
http://dlvr.it/SDRK1c

Disney Under Fire For Blocking Simpsons Episode From Hong Kong Streaming Services

Disney Under Fire For Blocking Simpsons Episode From Hong Kong Streaming Services A month ago we reported that Hong Kong's new pro-China film censorship law could see an eventual ban on Netflix and Amazon and other streaming services. The legislation was part of the continuing unfolding of the sweeping pro-China 'national security law' of June 2020, with the film censorship even working retroactively for any movies or programming "found to be contrary to national security interests". Questions are now being asked about why Disney's streaming service in Hong Kong, Disney Plus, has blocked a popular episode of the "Simpsons". The episode in question features reference to the famous "tank man" photo from the June 1989 Tiananmen Square protests and massacre. The episode entitled "Goo Goo Gai Pan" also features jokes or references that could be deemed offensive to people of Chinese or Asian descent. The Simpsons The censorship law which was enacted late last month brings Hong Kong in closer to conformity to the kind of blatant censoring and wholesale blocking of content that's long existed on the mainland. The law spells out that films are prohibited from any content aiming to "endorse, support, glorify, encourage and incite activities that might endanger national security." According to The Wall Street Journal on Monday: Disney launched its streaming service, Disney+, earlier in November in Hong Kong featuring an array of programming owned by the entertainment giant, including 32 seasons of the animated comedy series. Yet one episode is missing from "The Simpsons" lineup: Titled "Goo Goo Gai Pan," the episode from season 16 centers on a trip to China by the show’s namesake family. Along the way they encounter a plaque at Tiananmen Square in Beijing that reads: "On this site, in 1989, nothing happened." The scene is an obvious sarcastic shot aimed directly at Chinese Communist propaganda and its well-known whitewashing of the whole events of June 4, when the PLA military declared martial law and occupied central parts of Beijing, forcibly quelling the protests through gunfire. In the episode the family actually takes a trip to China where they happen upon the iconic square where "nothing happened".  Chinese state official have downplayed the death toll, saying in the past that up to 200 civilians died in the mayhem, while activists and student leaders have said over 3,000 or more deaths resulted in the PLA crackdown, which included live ammunition, and use of tanks against civilian crowds. Official Chinese media and politicians tens to only reference what they dub "the incident". Confirmed this second by a friend in Hong Kong. S16E12 of The Simpsons is removed from Disney+ in Hong Kong. pic.twitter.com/9QIp2vcOCD — Thor J (@thorcmd) November 27, 2021 The WSJ notes that it's as yet unclear if Disney caved to pressure from China, as the US company has yet to publicly comment on why the episode in question remains blocked. But there's little doubt Disney has in the recent past shown its willingness to "play nice" and avoid offending Beijing while protecting its billions in revenue there: "Disney has huge business interests in China, a market that it and other Hollywood studios are careful not to offend for fear of losing access," the WSJ report describes. "Disney, with resorts in China and Hong Kong and extensive sales from its movie business in the region, has moved aggressively to maintain the peace with China over the years, a fact that has brought it some controversy in the U.S." Shortly after the HK policy was enacted, there were questions over how it would impact US-based streaming services. The AFP observed at the time: "Pro-Beijing lawmakers criticized the government for not including online streaming companies in the current wording, meaning services like Netflix, HBO and Amazon may not be covered but the new rules." But "In response, Commerce Secretary Edward Yau said all screenings, both physical and online, were covered by the new national security law." Tyler Durden Mon, 11/29/2021 - 19:20
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Forcibly Vaxxed?! Horrific Videos Surfacing Of Nuremberg-Violating Vaccine Violence

from Tim Truth: TRUTH LIVES on at https://sgtreport.tv/
http://dlvr.it/SDQlcj

Sunday, November 28, 2021

LOOK OUT! Repeat Economic Crash of March 2020

from The Money GPS: TRUTH LIVES on at https://sgtreport.tv/
http://dlvr.it/SDMyQ6

False Flag Attack? Israel On Verge Of ‘State Of Emergency’ Over New Variant, Just Two Weeks After Having War Games For ‘Omega Strain’

from Humans Are Free: Israel’s Prime Minister, Naftali Bennett, announced on Friday November 26, 2021 that the country is on the verge of a state of emergency after three people tested positive for the new ‘Omicron’ variant of the coronavirus. TRUTH LIVES on at https://sgtreport.tv/ This announcement comes just two weeks after Israel held the world’s first war […]
http://dlvr.it/SDMtF9

Facebook’s ‘Race Blind’ Algorithm Found 90% Of Hate Speech Directed Toward White People And Men

by Chris Menahan, Information Liberation: We now know why Facebook decided to change its “race-blind” hate speech detection algorithm last year to allow more anti-white hatred. The Washington Post reported last week that an “April 2020 document said roughly 90 percent of ‘hate speech’ subject to content takedowns were statements of contempt, inferiority and disgust directed […]
http://dlvr.it/SDMnJJ

Scavino Message Received, They Have It All, It’s Going To Be Biblical – Ep. 2638


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LAPD Targets "Follow-Home" Robbery Crime Wave

LAPD Targets "Follow-Home" Robbery Crime Wave Authored by Jill McLaughlin via The Epoch Times, Police are ramping up efforts to crush an escalating wave of violent crime in the Los Angeles area targeting popular shopping districts, wealthy residents, and celebrities. A spate of “follow-home” robbers turned deadly this week, resulting in the murder of a 23-year-old man outside of a restaurant on Sunset Boulevard Nov. 23. The Los Angeles Police Department (LAPD) responded to the homicide by announcing the formation of a “Follow Home Task Force.” The county sheriff also declared his intention to do what it took to stop the growing trend. Violent crimes are on the rise in Los Angeles. Area law enforcement reported an increase of nearly 4 percent since 2019, according to the latest law enforcement numbers released in October. Police Chief Michel Moore said gang violence was an underlying influence. The department had identified 133 robberies connected to the trend of suspects following victims home from Melrose Avenue, the Jewelry District, and high-end restaurants and nightclubs, Moore said this week. “The victims were being targeted based on the high-end jewelry they were wearing or the high-end car they were driving,” the LAPD said in a Nov. 24 release. Last week, the LAPD reported that six gangs were involved in the violent “follow-home robberies” spree. “When we look at the underlying influences of that street violence … Those involved with gangs continue to be the highest area of concentration,” Moore told NBC Los Angeles in June. Los Angeles, nicknamed the “Gang Capital of America,” has about 450 active gangs operating in the county, the LAPD reported in September. Street gangs were involved in a 37 percent increase in murders by June, Moore told reporters, adding that he believed the overall spikes in killings and shootings were related to the effects of the coronavirus pandemic. The city has seen a 49 percent increase in homicides, recording 325 in the first 10 months this year, and a 16 percent jump in aggravated assaults. The number of people shot climbed to 1,203 by Oct. 23—a 50 percent jump since 2019—according to the report. The number of shooting victims was about 122 a month from August through October. Criminals have also targeted vehicles, resulting in a dramatic rise of 50 percent in auto thefts this year. During that same time, law enforcement recorded a 28 percent decrease in arrests, with arrests for violent crimes dropping nearly 9 percent in the Los Angeles area. The LAPD reported making 16 percent fewer traffic stops and almost 2 percent, or 770, fewer arrests this year, compared to last year. Officers made 34 percent fewer stops this year and 31 percent fewer arrests than five years ago. The apparent gang-related robberies follow a trend—dubbed as “burglary tourism” by the police—involving Chilean gangs identified last year. In 2020, law enforcement alerted the public about gangs of Chilean nationals using visa waivers to come to the U.S. for the purpose of burglarizing homes, businesses, and vehicles. In February, five Chilean men were arrested in connection to a burglary spree that targeted trailheads and dog parks throughout Thousand Oaks. ‘Follow-Home’ Robberies in US and UK Similar “follow-home” robberies and crimes targeting celebrities or wealthy residents have also occurred in San Francisco, New York, Houston, and the United Kingdom. In July, a couple was followed to their San Francisco home and robbed by a man with a semi-automatic rifle. The suspect rear-ended the couple’s car while they drove home from a mall. In April, a San Francisco woman also reported being followed home from Richmond to Sunset and attacked for her handbag and jewelry, and a father was held at gunpoint outside his Concord home after being followed home from lunch in Walnut Creek, according to news reports. County, State to Join Efforts Targeting Criminals Los Angeles County and state officials said this week they intended to increase efforts to curtail the crime wave. The county sheriff Alex Villanueva also said his department would take steps to stop the recent rash of violence. “This is completely unacceptable,” Villanueva wrote in a social media post Nov. 23. “As long as I am your Sheriff, we will do what it takes to stop this growing trend of lawlessness. This is what happens when you defund the police.” Gov. Gavin Newsom said Monday he planned to send a budget proposal to lawmakers in January that contained “an exponential increase of support” to help cities and counties fight organized retail theft and “other quality of life issues.” Decrease in Police Presence Law enforcement responded quickly at first to the uptick in shootings and robberies in the Melrose Avenue area this year by increasing foot and horse patrols, but that has diminished. The lack of police presence this week concerned some residents and businesses on the avenue after recent robberies. One longtime resident said police presence in the area was needed to keep crime under control. “I think it’s very vital to have a constant police presence,” said Ron Ashford, 73, a 30-year resident of the adjacent Fairfax District. He said he was concerned when the patrols slowed down recently, reflecting on the situation Wednesday as he sat at a table on the sidewalk on Melrose Avenue. He has seen crime increase in the area, and “It wasn’t this bad years ago,” he said. Ashford said he is concerned crime will escalate if police retreat from the area. “I said, watch, when it dies down, [the criminals] will come back,” Ashford said. On July 19, three suspects attempted to rob victims at gunpoint in the parking lot of Media Wine and Spirits. One of the victims used his own firearm to shoot at the suspects, apparently hitting two of them, according to the LAPD. Two of the suspects were arrested. The incident was just one of several violent crimes along Melrose Avenue this year. In September, outdoor diners were held at gunpoint at La Crème Café and robbed of property. The next day, an employee at the Oldboy Barbershop was also robbed. And in August, a Shoe Palace employee was shot and killed during a shoe raffle. On Nov. 13, victims were returning home to a short-term rental on North Gardner Street, about a block from Melrose Avenue. They were followed home and robbed at gunpoint by eight suspects after returning from a nightclub. Media Wine and Spirits owner Askkar said the shooting at his store parking lot was an isolated event. His customers were doing well and life has returned to “normal” along the avenue after an increase in police presence, he said. “There is no threat,” Askar told the Epoch Times. “Everything is cool. We’re good and everything is safe.” Some shops are taking precautions, posting private security outside, or changing the way they operate. The Spitfire Girl clothing store has stopped allowing female employees to close by themselves after the crimes, a store clerk told the Epoch Times. “Oftentimes, people are making us feel uncomfortable,” associate Sean Ghedi said. A store employee who watches the open door to Cookies & Kicks, a shoe store on Melrose Avenue, said he was working when shots were fired during the robbery at Media Wine and Spirits. Their store hasn’t had any problems, the employee who asked to remain anonymous told the Epoch Times. “This is the nicer part of LA, but it’s still LA at the end of the day,” the employee said. Celebrities, Wealthy Residents Targeted Celebrity Dorit Kemsley of “Real Housewives of Beverly Hills” reported Oct. 27 she was followed to her Encino home by two men wearing masks. A home video showed the men smashing sliding glass doors to gain entry before taking as much as $1 million in valuables. Former BET host “Terrence J” Jenkins was followed to his Sherman Oaks home at about 3 a.m. Nov. 10 by four masked men in a silver Jeep Cherokee, police reported. One of them ordered him out of his car, but he and a passenger drove away, instead, and were followed by the suspects. Shots were fired, but no one was injured, according to reports. Actor and comedian Jeremy Piven reported a burglary at his home in the Hollywood Hills in October when $20,000 worth of clothing was stolen, he said. Singer Rihanna’s Los Angeles home was also targeted in July when a man reportedly jumped one of her walls in an attempt to break into her house, police reported. Residents Increase Private Security Onguard Inc., a security guard service that serves southern California, has received several requests for service from businesses and residents after the recent “follow-home robberies.” “There has been an increase in calls and an increase in clients reaching out to us,” Onguard Inc. CEO Ray Nomair told the Epoch Times. One couple requested 24-hour security guards posted in their driveway at their Beverly Hills home until February. Another client asked for private protection while her husband was traveling, he said. The clients are afraid of trespassers breaking in and stealing property, he said. The Ring cameras that residents install themselves to monitor their properties are not enough in these cases, Nomair said. Police: Residents Not Wear Expensive Jewelry, Clothing The LAPD issued a list of recommendations for area residents to help avoid the “follow home robberies.” Police suggested residents should not wear expensive jewelry or other “high-value” property and to be aware of their surroundings when walking out of a restaurant or other place of business. “There’s no item of jewelry or piece of property that they have that is worth their life, and so if they find themselves in such a perilous situation, to cooperate, be a good witness. … Do not chase people, do not try to pursue people, and do not try to take actions yourself other than to minimize the chance that you become a victim of the type of violence we saw this morning,” Moore told reporters. The LAPD recommended that if drivers noticed they were being followed, they should not drive home and instead go to a police station and call 911. Tyler Durden Sun, 11/28/2021 - 15:50
http://dlvr.it/SDMKnd

Saturday, November 27, 2021

These Are The 35 Vehicles With The Longest Production Runs

These Are The 35 Vehicles With The Longest Production Runs Over the automotive industry’s 100+ year history, companies such as Ford, Chevrolet, and Mercedes-Benz have produced some truly iconic cars. Whether they’re designed for excitement, luxury, or just simple transportation, Visual Capitalist's Marcus Lu notes that these vehicles offer a set of features that make them highly desirable to consumers. The most successful models will undergo numerous revisions over time, sometimes sticking around for many decades. To learn more, this graphic from Alan’s Factory Outlet lists the 35 vehicles with the longest production runs of all time. Here are the top 10 below. As we can see, successful models come in many shapes and sizes, and from a variety of manufacturers. Below, we’ll take a deeper dive to learn more about what makes these cars special. Ford F-Series Ford began selling its first pickup truck in 1925, which was essentially a Model T with a flatbed in the rear. This layout was very useful because it enabled people to transport cargo, raw materials, and other items with relative ease. Then, in 1948, Ford introduced the F-series pickup. The truck became one of Ford’s most well-known and profitable models, and is currently in its 14th generation. While the fundamental shape of the F-series hasn’t changed, Ford’s best-selling model owes much of its success to its constant innovation and technological improvements. In 2015, the F-150 became the first fullsize pickup to feature an all-aluminum body. This reduced the truck’s weight by as much as 500 pounds, resulting in better fuel economy and driving dynamics. Ford is also credited with bringing turbocharged engines into the mainstream (within the pickup segment). This first-mover advantage gave the F-Series a competitive edge in terms of fuel efficiency and torque. Chevrolet Corvette First introduced in 1953, the Chevrolet Corvette is regarded as America’s most iconic sports car. It has a reputation for offering similar performance as its more expensive foreign rivals, and combines unique styling elements with a successful motorsport background. For most of its history, the Corvette was a rear-wheel drive coupe with a V-8 engine placed in the front. It also featured pop-up headlights for several generations, but the design was eventually phased out due to stricter regulations. Chevrolet drastically changed the formula of the Corvette for its eighth generation, which launched in 2020. The engine is no longer in the front of the car, but instead, placed directly behind the occupants. This mid-engine layout results in a Corvette with significantly different proportions than its predecessors. Because a bulk of the car’s weight is now located more centrally, the C8 should (in theory) offer better traction and balance. Few cars have undergone such large changes to their fundamental design philosophy, but the move appears to have worked—production is far from meeting demand. Mercedes-Benz S-Class The S-Class from Mercedes is widely recognized as the global benchmark for full-size luxury sedans. Since its introduction in the 1950s, the S-Class has continuously introduced new innovations that improve comfort and safety. * The 1959 S-Class (dubbed W111) was the first production car with crumple zones front and rear. Crumple zones are structural elements that absorb the impact of a collision. * The 1978 S-Class (W116) introduced electronic anti-lock brakes (ABS). This system prevents tires from locking up under sudden braking and is included on every modern car. * The 1991 S-Class (W140) was the first car to feature double-glazed windows, which improves insulation while reducing road noise. * The 2021 S-Class (W223) introduced the world’s first rear-seat airbag. One of the most important aspects of a luxury car is its interior, and the S-class has come a long way since its first iteration. The interior of the latest S-Class features active ambient lighting that can visually reinforce any warnings generated by the car’s driving assistance systems. The cabin also features MBUX Interior Assist, which can read motion commands (such as hand movements) by the driver. The car’s center console is dominated by a single large screen—a trend that was first introduced by the Tesla Model S. Big Changes in Store Global governments have announced a ban on the sale of new gasoline cars by as early as 2030. This foreshadows a great shift towards battery power and gives automakers the opportunity to reimagine their most iconic models. For example, the Ford Mustang Mach-E is an all-electric SUV that borrows both the name and styling of the brand’s famous pony car. The company also recently launched an electric version of the F-150, called the F-150 Lightning. German brands are taking a different approach by creating a completely new range for their EV models. This includes the Audi e-tron, BMW i, and Mercedes EQ lineups. This implies that their existing gasoline-powered models could be coming to an end. Tyler Durden Sat, 11/27/2021 - 22:15
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The Collapse of America: Distant Early Warning Signs of Uncle Sam’s Demise. Andrei Martyanov

by Michael Welch, Global Research: It took Russia twenty years to return to being a normal state with a vibrant economy, powerful armed forces and self-respect, but Russians still had a nation, even in those horrifying times of the 1990s so-called “liberal” experiment. “The United States doesn’t have a nation anymore. Not even close, and […]
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VIDEO: Republican Voter In Florida Congressional Race Was Told By Poll Worker That Republicans Could Not Vote

by Patrick Howley, Big League Politics: In the primary for the special election for Florida’s 20th U.S. Congressional District seat, at least one Republican voter was initially told that Republicans could not vote because there were no ballots for Republicans. Big League Politics presents an incredible piece of citizen journalism showing poll workers in the […]
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Philadelphia Ties Its All Time Homicide Record After Murder In Broad Daylight This Week

Philadelphia Ties Its All Time Homicide Record After Murder In Broad Daylight This Week U.S. cities continued their slow transformation into complete hellscapes at the hands of liberal politicians this week when Philadelphia officially tied its all time record for annual homicides - after a woman was shot this week in broad daylight. The murder occurred at 7th and Jackson streets in South Philadelphia at 4:30pm on Wednesday. With more than a month to go in the year, Philadelphia's homicide total is now even with the record it set in 1990 amidst a massive crack cocaine epidemic in the city, Philly Voice reported. The victim was a 55 year old woman who was shot three times in the chest before being transported to Jefferson Hospital, where she later died.  While Philadelphia Police are "currently investigating", they have made no arrests. Investigators believe that the victim's husband could be the suspect, and that the incident stemmed from a domestic dispute, the report says.  The man "casually walk[ed]" away from the crime scene, surveillance video showed.  “It’s a number, however, we can’t simply say because it’s the 500th, it’s any more special than any of the 499 that preceded it.” The city reached 500 homicides this afternoon. Police say video shows gunman casually walking away after killing his wife. @NBCPhiladelphia at 11pm pic.twitter.com/m9BlkHJIPc — Aaron Baskerville (@ABaskerville10) November 25, 2021 Mayor Jim Kenney spoke out about gun violence the day before, stating: "We continue to act with urgency to reduce violence and save lives."  Kenney has been pushing for state lawmakers to pass more gun laws and allow him more power to introduce new gun laws in Philadelphia.  Philadelphia Police Department Commissioner Danielle Outlaw commented: "We remain committed to proactively patrolling neighborhoods and encourage community members to continue to work alongside the police." Tyler Durden Sat, 11/27/2021 - 19:15
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Large Mob Of Looters Hit Minneapolis Best Buy, California Home Depot On Black Friday

from ZeroHedge: The level of lawlessness continues to surge as a rash of looting is happening across the country. The latest occurred on Friday evening when 30 people robbed a Best Buy store in Burnsville, Minnesota. CNN affiliate WCCO said the group of people arrived at the Best Buy store in the south metro area, approximately […]
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Friday, November 26, 2021

Technocracy Referendum: ‘Switzerland Will Vote on November 28th Whether to Remain a Democracy’

from 21st Century Wire: Long regarded as one of Europe’s original ‘bastions of democracy,’ the country of Switzerland has become an important frontline against an elite-driven, global fascist movement that has since seized control over many leading western governments – in order to impose a brutal technocrat and medical apartheid regime. Will Switzerland retain its […]
http://dlvr.it/SDGxmK

Australia Protest Message, “Courage is Not The Absence of Fear”

from The Conservative Treehouse: Courage is not the absence of fear.  Courage is being fearful and yet taking action despite that fear.  One Australian patriot, a former soldier, shares his message of courage while protesting to support the freedom of all Australians. {Direct Rumble Link} Joshua 1-9:  “Have I not commanded you? Be strong and […]
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Soros, Druckenmiller, & The Mundell-Fleming Trilemma

Soros, Druckenmiller, & The Mundell-Fleming Trilemma By Macro Ops substack It had all the markings of a "perfect setup"; the kind that only come around once every decade or so... Most of you are probably familiar with the story of how Soros and Druckenmiller “broke the Bank of England” in 92’.  The two bet against the pound believing that it couldn’t maintain its peg to the Deutsche Mark in the European Exchange Rate Mechanism (ERM). They were right. The Bank of England was forced to stop defending the peg and the pound plummeted. The Quantum Fund (Soros and Druckenmiller) netted over a billion dollars over the course of a few days. The rest is history.  It was an amazing trade. It had all the markings of a “perfect setup”; the kind that only come around once every decade or so. It was extremely asymmetric in that the risk was clearly defined by the upper-band of the ERM peg. And if the lower bound broke, like they expected, they knew the pound would collapse due to all the investors on the wrong side forced to liquidate.  It was also a fundamentally compelling trade. The thesis was based on an economic law derived from the Mundell-Fleming model. It states that in a world of high capital mobility, a central bank can target the exchange rate or the interest rate but not both. This economic reality is also known as the policy trilemma (depicted in the pyramid above). Here’s the following explanation from ​The Economist​.   The policy trilemma, also known as the impossible or inconsistent trinity, says a country must choose between free capital mobility, exchange-rate management and monetary autonomy. Only two of the three are possible. A country that wants to fix the value of its currency and have an interest-rate policy that is free from outside influence cannot allow capital to flow freely across its borders. If the exchange rate is fixed but the country is open to cross-border capital flows, it cannot have an independent monetary policy. And if a country chooses free capital mobility and wants monetary autonomy, it has to allow its currency to float . To understand the trilemma, imagine a country that fixes its exchange rate against the US dollar and is also open to foreign capital. If its central bank sets interest rates above those set by the Federal Reserve, foreign capital in search of higher returns would flood in. These inflows would raise demand for the local currency; eventually the peg with the dollar would break. If interest rates are kept below those in America, capital would leave the country and the currency would fall.  Where barriers to capital flow are undesirable or futile, the trilemma boils down to a choice: between a floating exchange rate and control of monetary policy; or a fixed exchange rate and monetary bondage.  In the Bank of England’s case in 92’, England was in a recession, but the BOE was forced to run constrictive monetary policy (high interest rates) in alignment with Germany in order to maintain the peg. This exacerbated the recession which led to more downward pressure on the pound (which was overvalued when the peg was set).  The BOE was confronted with the choice of (1) try to maintain the peg and as a result, deepen the recession or (2) stop defending the pound, move to more accommodative monetary policy, and benefit from a more competitively priced pound.  The BOE went with the latter and Britain’s economy ended up better off for it. Had the BOE not made that decision, it’s likely that the market would have made it for them. Since England did not have capital controls and allowed money to flow freely across its borders, the BOE had to actively engage in the currency market to counteract the downward pressure from pounds being converted into other currencies. They had limited FX reserves and eventually would have run out of their ability to defend the peg anyway. The policy trilemma is one of those things in economics that’s so logical it’s self-evident. Yet it’s still somehow forgotten or ignored by the very people who pull the financial and monetary levers of our world.  China is a prime example. The People’s Bank of China (PBoC) is fighting tooth and nail to maintain its crawling peg to the dollar. Their goal is to carry out a slow coordinated devaluation.  China has chosen exchange rate management and monetary autonomy. This means they can’t have capital mobility. This is why the CCP has been strengthening its capital controls and cracking down on money fleeing the country. The problem is… when your country is the number one trading partner with over 100 other countries, there’s a lot of capital holes to try and plug. It’s nearly an impossible task. Simply put, if money wants to leave China, it’ll find a way.  And if fighting the economic laws of the policy trilemma weren’t enough, China is facing another unsolvable problem that’ll eventually drag down its currency like a 100-ton anvil.  I once saw a Bloomberg interview with Hedge Fund manager Kyle Bass. Bass is a smart dude and one of the few managers I have a lot of respect for.  One of his higher conviction themes over the last year has been the implosion of the Chinese banking system and the subsequent devaluation of the yuan — a theme I agree with and have written extensively about.  The premise is simple; Chinese banks are sitting on trillions of bad debt. Exactly ​how much​ bad debt nobody quite knows. The data coming out of the country is iffy but we at least we know it’s in the trillions… which is a lot.  These banks have been rolling over bad loans by adding new debt. They’re playing the old game of “a rolling loan gathers no loss”. But we all know that game can only go on for so long.  China has been forced to go to greater and greater lengths to paper over this problem and keep the dam from breaking.  Over the last 18 months alone, credit in China has grown by $6.5 trillion while deposits have increased by less than half that. As Bass notes in the interview, “China has to fund enormous moves in credit growth just to keep in roughly the same place. We call it running to stand still.”  All it’ll take is a catalyst and these banks will go bust and will need to be recapitalized. This means printing a lot more money which will result in a much depreciated yuan. Tyler Durden Fri, 11/26/2021 - 20:00
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REPRESSION v REBELLION: Aussie Aboriginals Force Vax? Solomon Islands Rebel Against Vax-Crazed Gov’t

from Tim Truth: TRUTH LIVES on at https://sgtreport.tv/
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Futures Tumble Amid Sudden Fears Over “Dramatically” New Covid Strain With “Extremely High Number” Of Mutations

from ZeroHedge: Futures are sliding on Thursday night when, with most US traders snoring in a tryptophan coma, the world is suddenly freaking out, and algos are hitting bids, amid fears that a new coronavirus strain detected in South Africa, known as B.1.1529, reportedly carries an “extremely high number” of mutations and is “clearly very different” from […]
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Thursday, November 25, 2021

Austrians Could Face Jail Time For Refusing COVID Jabs

by Arjun Walia, The Pulse: The Facts: Beginning on February 1st, COVID vaccination will be a legal requirement for all citizens in Austria. Those who refuse may face fines and, if they refuse to pay, possible jail time. The details of the new requirement are still in development. Reflect On: Why have we given governments […]
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Jim Rogers – The Next Bear Market Is Going To Be Terrible

from Investor Talk: TRUTH LIVES on at https://sgtreport.tv/
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The Three Unanswered Questions That Confirm Gold Price Suppression Policy

by Chris Powell, Gold Seek: nterviewed a few days ago by Gold Newsletter’s Fergus Hodgson and Brien Lundin, your secretary/treasurer presented the three crucial questions that key government agencies refuse to answer about surreptitious intervention in the gold market by governments and central banks, refusals that effectively confirm gold price suppression policy. These questions also […]
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Dig It! #120: Happy Thanksgiving!

from Corey’s Digs: TRUTH LIVES on at https://sgtreport.tv/
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Peeling The Economic Onion Will Bring On The Tears

Peeling The Economic Onion Will Bring On The Tears Authored by Bruce Wilds via Advancing Time blog, Unless you have the fortitude of a Greek God, peeling back the layers of our current "economic onion" will very likely bring you to tears. Looking back over the last several years could make a person argue that massive stupidity has been a huge factor in keeping the economy afloat. In short, those pulling the strings have constructed a false economy that is unsustainable and will at some point implode. In most situations that I research it seems that as the investigation takes me deeper and deeper into the numbers I come upon some rather ugly realities that are difficult to face. In the metaphoric sense, the term peeling peel back the onion is an act someone undertakes in order to understand what lurks below. To expose the various layers of something investigators often find they have to peel away falsehoods and misconceptions to discover just how corrupt the message we are told truly is. The area where most people seldom venture is protected by myths and half-truths. An example of this can be seen in America's relationship with China. For decades China exported deflation as it gladly traded cheap goods for jobs. That has come to an end, no longer is China's labor market the cheapest in the world. This is now beginning to show up in the cost China charges those buying its products. The illusion of a robust economy has been propelled forward by the sheer "quantity" of financial growth and deficit spending rather than anything resembling quality. Poorly crafted and shockingly large spending bills have created a situation encouraging government agencies to spend like drunken sailors. It seems that again Federal agencies as well as state and local governments are flush with cash as the result of another stimulus package.  While most politicians would shy away from describing the infrastructure bill as stimulus spending that is exactly what it is. The bill is designed more as a way to create jobs and push the economy forward than improve the country's infrastructure. Now, state and local governments must rapidly appropriate and assign that money as they find they are now facing a "use it or lose it" situation. Such rapid spending generally does not utilize or allocate money in a way that maximizes results. The Above Chart From Northmantrader.com Indicates, This Is Not "Normal" A lot of things or issues are contained in the layers of our "economic onion." Things such as, How a huge amount of our so-called economic growth or GDP during the last decade has been in the healthcare sector. All the expensive new hospitals and buildings that line America's interstates sporting names such as UnitedHealthOne, Aetna, Humana, and Anthem stand as monuments to Obamacare. To be clear, that is not a good thing, all this has not drastically improved healthcare, it has simply driven the cost through the roof.  Then we have inflation which recently reached a 31 year high and appears to be heading higher. It is difficult to argue that wage inflation is on a rampage, at least in some sectors of the economy. When you see someone just out of high school with little or no training being offered north of $15 to take a low-level job that two years ago paid around $8 it is clear. Soaring food and energy prices are also adding to the mix. Both of these issues dovetail with a massive growth in online retailing driven by companies being forced to compete with Amazon. America has yet to deal with the negative ramifications Amazon is showering upon it as it destroys small businesses in our communities. Yes, these are the same businesses that provide jobs for your neighbors, support local sports teams, and pay property taxes. Of course, Jeff Bezos did not do this alone, he had the help of politicians, our government, and the United States postal service, all of which joined in throwing brick and mortar retailers under the bus. Another thing I wish to address here is how miss-leading claims of growing retail sales have squashed concerns the economy is in real trouble. Why would they not be higher, the recession caused by Covid-19 was the first in our history where even while millions of people were not working incomes rose. It should be noted much of the meager 1.7% rise in retail sales was due to inflation people, Yes, we are paying more for less, in some cases, a lot more.  Only Over Many Years Do We Gain True Perspective Throw in the soaring national debt, the soaring trade deficit, soaring inequality, underfunded pensions, and a few other ugly issues, and tears should be streaming down the faces of all who want to leave the world better off for future generations. The distorted nature of our current market becomes apparent when you look closer at the society we are becoming as people walk along with their eyes glued to their cell phones. In our rapidly changing world, decades of economic perspective are badly needed to understand today's financial markets. As a person who cares about and is concerned about the economy, I find it very disturbing that so many people have forgotten or never taken the time to learn recent financial history. By recent, I'm referring to the last fifty to one hundred years. The further we look back in history, it could be argued that the relevance and lessons we have learned weaken because the economy and financial landscape of today is considerably different from that of our predecessors. Still, those without a long-term view or outlook of the economy wander about with what might be called "blind spots." This means, they may be unable to imagine or may miss possible scenarios as to how the world might react to unfolding events. I always marvel when I hear some young expert telling people how to invest by cranking out the wisdom they picked up in school only last year. Remember, if you decide they have all the answers, you may find yourself generating a fresh batch of tears. Tyler Durden Thu, 11/25/2021 - 15:35
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Wednesday, November 24, 2021

Bitcoin Is The Single Best Shot At Achieving Liberty In Our Lifetime

Bitcoin Is The Single Best Shot At Achieving Liberty In Our Lifetime Authored by Dr. Wolf Von Laer via BictoinMagazine.com, How do Bitcoin’s properties present the best opportunity to seize liberty humanity has ever seen? What do you see when you switch on the TV or scroll through your news feed on your preferred social media platform? You see a failed war ended after 20 years, hundreds of thousands of people dead, billions of dollars squandered, and the same illiberal regime in charge as before. You also see inequality, rising prices and protests. And you see pushbacks for mandates. Bitcoiners regularly reply to all the troubles in the world by saying that “Bitcoin fixes this.” Hyperbole? No, Bitcoin is the only realistic pathway to the libertarian “bon mot,” our witty remark of “fix the money, fix the world.” Indeed, Bitcoin is the best shot libertarians have to shrink the size of government, fight inflation, curtail the debt from inflation, starve the military-industrial complex, and to avoid an ever-increasing scope for government. How does Bitcoin achieve this? Bitcoin is a savings technology that is nascent money. Money historically has three functions: it must serve as a store of value, a medium of exchange, and a unit of account. Bitcoin, despite its volatility, is certainly a store of value but is thus far less prevalent as a medium of exchange or unit of account. However, Bitcoin has only been around for 12 years, and its rate of adoption is already growing faster than the internet’s did. Money is the ultimate “network good,” which means that its value and usability increases with every user joining, and every user has the incentive to encourage others to take up bitcoin since it benefits them directly. As a result, within a short amount of time, Bitcoin has emerged from being a somewhat esoteric toy for cypherpunks, to being adopted by financial institutions and the country of El Salvador, as well as becoming the savings technology for tens of millions of people around the world (Bitcoin’s current user base is estimated to be around 120 million). This is absolutely remarkable. It does not matter why people use bitcoin. It might be because it is cheaper and faster than traditional cross-border payments. It might be because it is collapsing upward and growing in value by around 200% annually. It might be because some people speculate on it. Or, it might be because it saves lives and allows people to escape some of the worst environments possible. An example of this can be seen in some great articles written by Alex Gladstein, chief strategy officer at Human Rights Foundation, on bitcoin usage in Afghanistan, Cuba, or Palestine. Bitcoin already empowers millions, and not just the rich elites with existing access to banks, stock markets, and other financial technologies. Bitcoin empowers the billions of people who are unbanked and promises a future that takes control of money away from the government. Bitcoin appeals to millions of people and every person joining the Bitcoin network will have the incentive to attract more users. Bitcoin presents hope for millions and presents a viable plan B to holding fiat money, which melts in your hands due to the irresponsibility of monetary central planners. Right now, the most important reason why the government can grow beyond its mandate — beyond its income through taxation — is through the power of the government to print and force everyone to use their ever-value losing money. In just the last 24 months, the U.S. Federal Reserve has printed 40 percent of all dollars in existence. Naturally, this has translated into huge levels of inequality, since the people close to the government’s trough (such as banks) benefit from the higher purchasing power compared to the people at the bottom of the food chain (like fixed income recipients, students, etc.) who only see prices rise with diminishing real purchasing power. This is known as the Cantillon effect. The Federal Reserve Board is directly monetizing the debt that the government takes on, and the Fed provides infinite demand for government debt, which would not be able to grow at the astonishing pace it does without the power of the printing press to buy all of it up. The Bitcoin network itself and the personal owning of bitcoin is an act of peaceful rebellion against the fiat money system. Every day, when someone buys bitcoin, it moves money away from the fiat system and puts it into a store of value. It is put into a system that cannot be inflated. There will only ever be 21 million bitcoin issued. Bitcoin has been tested, Bitcoin has been attacked, and the protocol has remained robust against 12 years of adversaries trying to undermine it. Many of Bitcoin’s detractors fundamentally don’t understand Bitcoin’s value proposition. And it makes sense that they don’t. We have not seen a new type of money emerge in over five millennia. Moreover, Bitcoin’s roots lie in more atypical fields such as Austrian economics, game theory, cryptography, and economic history. Thus, the frameworks through which most economists and pundits analyze Bitcoin are highly inadequate. Another new aspect is that Bitcoin gives its users absolute control over their money. They can decide when to send money, how much, and how much they pay for a transaction. Nobody needs to be asked if you can send money to a nonprofit organization six thousand miles away, and nobody needs to confirm if you can send remittances to your family in other countries. No agency or bank can prevent this. Bitcoin allows you to become your own bank. This is incredibly empowering and such technology has not existed before. Tyler Durden Wed, 11/24/2021 - 21:30
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We Don't Get A Vote On The Woke Revolution

We Don't Get A Vote On The Woke Revolution Authored by J.Peder Zane via RealClearPolitics.com, You don’t get to vote on the revolution. That’s kind of the point. From the happy example of Colonial America to the terrors that mutilated and murdered innocents in France, Russia, and China, revolutionaries work outside the established system to impose a new order. So it is with today’s woke revolution. The potent cultural forces that have mainstreamed radical concepts such as “white privilege,” “microaggressions,” and “gender fluidity” are beyond the reach of American democracy. No one voted for any of it; it cannot be stopped at the ballot box. Electing anti-woke politicians in 2022 and 2024 will not turn the tide. The embrace of woke ideology by many prestigious news outlets – as symbolized by the New York Times’ 1619 Project, which recasts American society through the cramped lens of racism and oppression – is not subject to popular approval. Neither is the American Medical Association’s move to view health disparities between blacks and other Americans as the result of “systemic racism” (rather than biology, personal behavior, or cultural influences). We don’t get to vote on the decision by the National Institutes of Health, the nation’s largest funder of biomedical research, to commit $90 million in funding along with “every tool at our disposal to remediate the chronic problem of structural racism.” The same goes for the diktat in corporate America to mandate race and gender into their hiring decisions, or the woke-saturated culture that predominates at most American colleges and universities, where faculty applicants are asked to sign loyalty oaths to diversity and equity. Parental opposition to the influence of critical race theory in public schools shows that pushback is possible. School board meetings are one of the few public venues where ordinary Americans can voice their discontent to this ideology, which casts white kindergarteners as oppressors and non-white tots as victims. But these critics are labeled “domestic terrorists” for their efforts — and it’s still not clear what, if any, impact the parents will have on what and how children are taught. In fairness, broad swaths of the culture always operate and evolve outside of politics. The world of ideas and entertainment – the books we read, movies we watch, groups we join – must never be subject to electoral will. But the woke revolution feels different. First, it is an explicitly political ideology that is, at bottom, about power. Second, it is remarkably ambitious: It seeks a wholesale transformation of America’s past, present and future. Third, while some of its ideas resonate with plenty of people, it is a top-down movement that seeks to impose alien ways of thinking and being on everyone – hence the rise of cancel culture and other illiberal mechanisms to silence and punish those who fail to conform. One of the great paradoxes of the social justice movement is that even as it claims to fight inequality, it is itself a reflection of the growing inequality in America: both of wealth and culture. Like most revolutions, it is not led by the downtrodden but by the elites. It is not the person of color on the streets but the swells at the top (most of them white) who are imposing the new order. Although it might seem that the woke revolution erupted in 2020 with George Floyd’s murder, or with the rise of the Black Lives Matter movement following Michael Brown’s shooting in Ferguson, Mo., in 2014, its intellectual framework – which includes critical race theory, postmodernism, anti-colonialism, black power and queer/gender studies – emerged at America’s universities in the 1960s and 1970s. Heavily influenced by Marxism, leftist scholars suffered a crisis of confidence after communism was discredited 30 years ago as the Soviet Union collapsed. In response, activist academics essentially repackaged their old ideas. They still saw politics as a zero-sum battle between oppressors and the oppressed, with themselves in the moral vanguard, but they replaced the concept of class with new identity markers: racial and sexual identity. The struggle was no longer between capitalists and the proletariat, but privileged “cisgendered heteronormative” whites versus the rest of humanity. There was always a kernel of truth to this narrative – America, like every other nation, has unequal distributions of wealth and power (hierarchy is inevitable; even the communists, who pledged to create true equality, simply replaced the tsar’s hierarchy with their own, one dominated by party leaders and apparatchiks). But the expansion of rights and opportunities we’ve achieved over the last half-century – the fact that legions of people defined as “oppressed” enjoy status, respect, wealth and power only dreamed of in most corners of the globe – exposes the absurdity of the claim that race and gender determine one’s fate. Nevertheless, this narrative increasingly informs the education delivered at Western colleges and universities, especially at elite schools. The graduates of these institutions, in turn, become the professors, journalists, managers, administrators and other moral enforcers using their positions to advance the woke revolution from within. The key question – why would seemingly intelligent people commit to an ideology so at odds with reality? – requires a complex set of answers. The collapse of traditional social norms, the offshoring of the blue-collar sector, the baneful influence of social media, the realignment of legacy media into tribal factions, the creation of overeducated citizens saddled with crippling debt, rapidly rising living standards that create rising expectations — all this and more play a part. Radicalism is opportunistic, lying dormant for decades until the right combination of conditions presents itself. But a pivotal, if underappreciated, force is the rise of the information-based global economy, which has doubled the number of millionaires in the United States in just a decade, opening a chasm of envy between the haves and the super-haves. Statista reports that there were close to 6 million U.S. households with financial assets worth more than $1 million in 2019; more than double the number in 2008. At the same time, Pew reports that “as of 2016, the latest year for which data are available, the typical American family had a net worth of $101,800.” This growing inequality is not based on the false claim that the wealthy are benefiting at the expense of non-rich – they are, more accurately, getting a bigger slice of a growing pie in a world where living standards continue to rise. But this increase does make it easier for radicals to exploit the false argument, insistently advanced by prestigious news and information outlets, that the current system is unjust and that, given America’s history, today’s disparities stem from race. To buy peace, and peace of mind, many well-off Americans – especially the well-educated ones who now call the Democrat Party home – are happy to acquiesce to ideas that, as a practical matter, will have little immediate impact on their own comfortable lives: agreeing that the American Revolution was fought over slavery, that social justice requires reparations, that gender identities are malleable, that reality is socially constructed, that “silence is violence.” It costs them nothing to spout these slogans, which allow them to feel morally superior. In the long run, I hope, truth will out. But those who oppose the revolution should know they are battling powerful and entrenched forces that are, in significant ways, beyond their reach. Tyler Durden Wed, 11/24/2021 - 20:30
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130 Research Studies Affirming The Power of Natural COVID Immunity

by Arjun Walia, The Pulse: The Facts: Below is a list of 130 research studies examining immunity gained from COVID infection as of October 17th 2021. The power of natural immunity has remained somewhat unacknowledged by the CDC throughout this pandemic. Reflect On:With COVID having such a high survival rate for people who are generally […]
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First 2020 Election Fraud Charges Released,Space Force It’s Going To Be Important – Ep. 2636


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Hyperinflation In Turkey: Wine Prices Up 15% In One Day, Chicken And Cheese Up 10%

Hyperinflation In Turkey: Wine Prices Up 15% In One Day, Chicken And Cheese Up 10% A few days ago we joked that with the lira collapsing at a record rate that would make Rudy von Havenstein and Gideon Gono blush, it was Turkish president Recep Erdogan's secret grand plan to unleash hyperinflation in Turkey, and to wipe the country's lira-denominated debt clean (foreign-denominated debt is a different matter). Erdogan Ally Bahceli: Central Bank Independence Must be Debated. Says "Turkey should be free of interest rate burden...Tight monetary policy would hurt economy” more than the impact of lower rates or lira weakness They really want hyperinflation — zerohedge (@zerohedge) November 23, 2021 Unfortunately, it turns out that this actually was not a joke, and as Turkey's currency collapses - and will continue to collapse until either i) Erdogan is gone or ii) he reverses his uniquely insane brand of economic orthodoxy known as Erdoganomics according to which lower yields rates in lower inflation - Turkey's prices are now literally hyperinflating with wine up 15% in a day, chicken by 10%, gasoline surging... * *TURKEY TO RAISE GASOLINE PRICE BY 1.02 LIRAS/LITER: EPGIS ... and virtually every other good and service up in the high single or double digits. And not surprisingly, as a producer from Britain's Sky found on the ground today, Istanbul's sky is as gloomy as the mood in the households and on the streets of Turkey. As Sky reports, prices had already hiked during the pandemic: over the past 18 months, while packaged goods shrunk and prices soared, there was not a single empty shelf. Compared to the western world, Turks prided themselves with not having to fight for toilet paper or masks. But today the recent change in interest rates policy and the unorthodox economic strategy is impacting the exchange rate sinking the national currency to an all time low. Turks may not earn their wages in foreign currency but their currency is melting like ice on a summer day and prices increase by the week. And it feels like it is nearly every day. As Sky's Guldenay Sonumut reveals, "a bottle of wine I bought the day before had increased by 15%. It is hard to keep up." Ibrahim Koksal is a tiny shop owner in Yeniköy. He has a tiny "bodega" store that sells as many items as possible from cigarettes to batteries as well as fast food he cooks on the go. Running from his food stall to his cashiers' desk all with a smile. He has been a small shop owner since 1993 and admits the price increases have hit him, his household and his business as well as his customers. "I cannot reflect the 10% increase from this morning on the chicken and cheese I use in my sandwiches. "Because the business is so slow, it would scare off my last customers," he tells me very honestly. "I have to create some turnover but I am losing from my profit". Ibrahim supports the president's policy despite struggling to make a profit Paradoxically, even though it means his financial ruin, Ibrahim supports Erdogan's financial policies. When asked about what he thinks the reason for the current economic situation is, Ibrahim says: "Our neighbors are jealous. This is what I think". He repeats President's ErdoÄŸan's rhetoric of waging an independence war. It will demand time and sacrifice, a sacrifice he is prepared to make. Actually it has nothing to do with Turkey's jealous neighbors, and everything with Erdogan's systematic plunder of his country which according to some is in the billions and which has left the country facing an all out financial, economic and monetary collapse coupled with bank runs and - now - hyperinflation. Still, when one is brainwashed, nothing matters: Ibrahim does not believe in an early election or the ability of the opposition parties to handle the task. Ibrahim says ErdoÄŸan is working for the country against everyone - and he stands by him. Meanwhile, Turkey's economy is disintegrating. Sonumut then met 41-year old Özgür who owns a jewellery shop on the main Street in Yeniköy. The Sky producer was the second person who entered the shop in an hour. For Özgür, he is witnessing the slowest business since during the pandemic. "I have made half of what I usually earn this last month. The price fluctuation between yesterday and today is over 10%. "This is untenable. In my professional life I have never seen anything like the last 10 days we went through. Our customers do not know what to do. They are waiting to see what will happen." Jewellery shop owner Özgür says business is slower than during the pandemic Özgür is slightly more rational than his bodega-running buddy: he says there is a definite need for stability, and a need to stop the obstinate stand with the interest rates. Does he think an election would be the solution: "I think we may see an election this summer. I think if the opposition gets elected there might be some easing of the tensions. But we need to come back to stability." It is a sentiment shared by everyone in supermarkets, shops, pharmacies - the conversations are one of worry of the unknown. Many feel free to voice their worry like Özgür or Ibrahim, but the everyday housewife does not want to answer any questions, "Don't you see what is happening?" they all say. Indeed, it's pretty clear what is happening - the economic death of a country because its authoritarian ruler will drag the entire country down with him. As Sky concludes, in a matter of weeks, "shopping carts have suffered from the price hikes." People feel they are paying twice the price and get half of what they used to buy. "They want to go back to how it was." According to ErdoÄŸan, a positive impact will be felt in a few months but there is a very tough winter ahead. Tyler Durden Wed, 11/24/2021 - 15:22
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Tuesday, November 23, 2021

"A Drop In The Ocean": Goldman Mocks Biden's Tiny SPR Release

"A Drop In The Ocean": Goldman Mocks Biden's Tiny SPR Release Goldman's commodities team, which for most of 2021 has been extremely bullish on the price of oil which it sees rising to $90 by year end and remaining higher for years to come, has not been exactly timid in its view on what Biden's SPR release will do to the price of oil: two months ago, when the idea was first floated, Goldman said that an "SPR Sale Would Release Only 60MM Barrels; Will Bring Even Higher Oil Prices", and then, less than a week ago when oil prices tumbled, the bank said that with Brent below $80, "A Biden SPR Release Is Now Fully Priced In And Will Send Oil Price Even Higher In 2022." Well, Goldman was right, and as we showed today, Brent exploded higher after news of the smaller than expected SPR exchange (not release) finally hit turning sell the rumor into a "buy the news" frenzy. Not surprisingly, after the dust finally settled, it was time for Goldman's commodity guru Damien Courvalin to take a victory lap and in a note titled "A Drop in the Ocean" (it's all too clear what the title was referencing)... ... he writes that as details of government crude reserve releases started being released today, with 50 million barrels (mb) from the US and as much as 30 mb from Korea, Japan, China, India and the UK, "the aggregate size of the release of c. 70-80 mb was both smaller than the 100+ mb the market had been pricing in, with the swap nature of most of these barrels implying an even smaller c. 40 mb net increase in oil supplies over 2022-23." That, as Courvalin points out, is in the context of a market drawing up to 2mb/d at present! Translation: enjoy the low oil and gas prices while you can... we are going much higher. How much higher? As Courvalin explain, on his pricing model, such a release would be worth less than $2/bbl, significantly less than the $8/bbl sell-off that occurred since late October. So at $82/bbl currently, Brent prices are in fact not only pricing in today’s  announced release, but an additional hit to global oil demand of 1.5 mb/d for the next three months. That is equivalent to pricing in both a repeat of last winter’s 1 mb/d hit to EU oil demand due to the COVID wave (which occurred in the absence of vaccinations) as well as a repeat of this summer’s 0.5 mb/d hit to Chinese demand from lockdowns. Needless to say, the Goldman strategist views these as "excessive concerns over the next three months, leaving the recent sell-off overshooting fundamentals due to the year-end decline in trading activity." Separately, while Goldman concedes that on their own, the coordinated government stock releases would warrant a $2/bbl downgrade to the bank's $90 year-end Brent price forecast, it sees offsetting risks from the lack of progress on negotiations with Iran. To be sure, the restart of negotiations next Monday, November 29, will provide some sense of potential timeline to an agreement, with clear risks that Goldman's assumption for an April lift of sanctions (and February onward unwind of 60mb Iranian floating storage) could prove too optimistic. In addition, and in retaliation for the SPR release, OPEC could easily consider halting its production hikes to offset the detrimental SPR impact of lower oil prices on the needed recovery in global oil capex, likely justifying such action as prudent in the face of COVID demand risks. In conclusion, Courvalin reiterates his view that such government intervention is not the solution to higher oil prices that are required to overcome the slow supply response of producers, something he discussed earlier this week. This instead has been driven by: * the damage to investors caused by oil producers’ capital destruction over the last seven years, now compounded by ESG allocation inefficiencies, and * the demand uncertainties of COVID, China and energy transition. One thing is certain: neither of these two will be resolved by palliative measures such as an SPR release, or potentially counter-productive measures, such a US export ban. One final point: while not even the Biden admin is dumb enough to consider it, some have speculated that once the SPR release is shown to be a total disaster, Biden may implement an oil export ban. The problem: this would have catastrophic consequences. As Goldman explains, a US export ban would significantly disrupt the US and global oil markets, and potentially be a counterproductive tool to attempt to lower oil prices. The US exports 3 mb/d of crude and domestic pipelines would not be able to reroute these volumes to US refiners, which further don’t have enough capacity to process this much crude. This would leave excess US crude supply quickly reaching tank tops and forcing shut-in production, with investment and production soon to enter significant declines. At the same time, the global market would be deprived of 3 mb/d of US supply (light sweet crude that is Brent like in quality). Brent prices would therefore need to spike to push demand lower as there is simply not enough spare capacity (nor suitable crude) to replace US lost exports. Finally, with the US an importer of gasoline from Europe, US gasoline prices would spike to curtail domestic demand, creating a negative hit to US economic activity. Come to think of it, this is precisely what Biden will do next. Tyler Durden Tue, 11/23/2021 - 21:20
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The Economic Bubble Bath

by Chris Menahan, Information Liberation: At the end of a long, tiring day, we may choose to treat ourselves to a soothing bubble bath. Surrounded by steaming water and a froth of sweet-smelling bubbles, it’s easy to forget the cares of everyday life. This fact is equally true of economic bubbles. When the markets are […]
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Biden's Oil Price Smoke And Mirrors

Biden's Oil Price Smoke And Mirrors By Ryan Fitzmaurice, Senior Commodity Strategist at Rabobank Summary * The White House is playing the political blame game with respect to high gasoline prices * Several key agencies, including OPEC, are now forecasting oversupplied oil markets in 2022, but don’t assume oil prices will fall even if this is the case * We are expecting a surge of new capital into commodity markets in 1H22, following a stellar year for the alternative asset class as well as the CTA trading community The blame game Oil prices fell on the week as the rally appears to be losing steam, but not for the reasons being discussed by the White House. In fact, oil prices have been trading mostly range bound to lower ever since late October, when the year-to-date highs were set, as a combination of bearish seasonal patterns and speculative liquidation take hold. However, even though oil futures have been falling recently, the rhetoric out of the White House has only increased, highlighting the political vulnerabilities arising from high gasoline prices. First, President Biden put the blame squarely on OPEC and Russia, who according to him were not increasing oil production fast enough to calm prices. In our view, this statement was largely unfounded and meant to distract voters given OPEC+ is in fact increasing production every month by 400kb/d until pre-pandemic levels are achieved next year. At the same time, US crude oil production remains significantly below (-1.6mb/d) the pre-pandemic high watermark with little growth pencilled in for the shale industry next year. Unsurprisingly, OPEC+ did not heed Biden’s call for more oil at the last supply meeting and, as a result, the White House moved on to consider a new release of oil from the strategic reserve (SPR) and even a temporary crude oil export ban, both of which could backfire and lead to a surge in global oil prices rather than reduce them. Biden even reportedly floated a coordinated SPR release with China during his virtual meeting with Xi, but prospects for joint action remain low. Not to mention, the US and China have already been quietly releasing oil from reserves but that has had no discernible impact on prices to date as discussed here and here. To top it off, the Biden administration is now diverting the blame for high gasoline prices away from domestic policies and towards shale drillers, ordering an official investigation into oil and gas companies for potential illegal gouging despite no evidence whatsoever to support these claims. Flows vs fundamentals As just discussed, oil fundamentals have been in the spotlight recently given mounting inflation concerns and the political sensitivities at play. Interestingly, several key agencies including OPEC are now calling for an oversupplied oil market in 2022, suggesting relief at the pump and at the ballot box is just around the corner. This is not how we see it, however, and our disagreement has less to do with the fundamental outlook and more to do with the idea that looser balances will result in lower oil prices as the consensus has suggested. For starters, and as we often point out on these pages, the spot price of oil is extremely flow driven and prices do not simply fall because the market is slightly oversupplied, rather a trader or algorithm, as is increasingly the case, must sell oil futures to make the price go down or vice versa on the upside. Moreover, commodities markets and oil, have a deep and wide cross-section of market participants including commercial traders and speculators. Over time, the speculative interest has become more and more systematic in nature, relying heavily on quantitative market signals such as trend, momentum, and carry to make trading decisions rather than market fundamentals. In addition to systematic commodity funds, a once dormant group of commodity traders known as index investors have reappeared in impressive fashion this year due to soaring inflation. So, between these two groups of influential speculators, fundamentals rarely enter the equation directly. For example, a large multi-asset money manager is little concerned with OPEC signalling a modest oversupply of crude oil next year and is more interested in getting broad-based commodity exposure to diversify holdings and mitigate the impact of inflation on the portfolio level. To understand the importance of these money flows, all one must do is look back at the first half of this year to see the impact they had on oil prices (Fig. 2). To our minds, these flows were the most important price driver at the time. Further to that end, both groups of speculators are now directionally “long” oil and, importantly, have had a stellar year for returns. As a result, we are expecting another surge of capital into commodities markets in 1H22 as intuitional money chases strong returns, thereby driving spot oil prices even higher, holding all else equal. That is not to say that fundamentals don’t matter, far from it. On the contrary, we believe strongly in fundamentals, however, the price impact is much more likely to play out on the curve structure rather than spot prices. As such, it would not surprise us to see the oil curve structure weaken next year on the back of a build-up in inventories should the calls for a modestly oversupplied market be realized. Looking forward Looking forward, we are viewing the current oil market weakness as a function of speculative liquidation in response to bearish seasonal patterns, an increase in market volatility, and a much stronger US Dollar. Furthermore, we expect the oil rally to resume in earnest early next year as institutional capital pours into commodities following a stellar year for the alternative asset class Tyler Durden Tue, 11/23/2021 - 19:40
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Iron Ore Prices Jump On China Property Optimism

Iron Ore Prices Jump On China Property Optimism Iron ore futures trading in Singapore have bounced back above $100/ton after a series of positive announcements over the last week, from potential loosening of monetary policy to easing of regulations for China's property sector. This has sparked optimism that China's troubled property sector could soon boost steel demand.  Prices in Singapore have soared as high as 22% to $104 handle in just four sessions. As of Tuesday, prices faded and hovered around the $100 mark as a turnaround in the demand outlook is being priced in. The surge in price is being led by increasing optimism that easing property-market curbs could soon lift steel demand and improve profitability for steelmakers. There's also chatter the People's Bank of China could unleash stimulus amid the economic growth slowdown in the world's second-largest economy after this year's vicious regulatory crackdown by Beijing.  "The market has higher expectations for steel production to resume," Huatai Futures Co. wrote in a note. Property is a leading source of steel demand in the country.  Iron ore prices have been on a rollercoaster this year after surging to a record in May as Beijing unleashed steel output limits to curb pollution and emissions for smelters. The rally then faltered by late summer as Beijing unleashed a crackdown on the property sector -- a key source of steel demand, in return, hurt the outlook for consumption. On the macro front, positive developments are appearing as the PBoC could be close to easing and Beijing dials back on regulatory crackdowns. Institutional investors are also getting in on the action as China's high-yield bonds have had a bid this month.  It appears the Chinese government would prefer to have a healthy property market and economy (or at least one that isn't imploding) ahead of the upcoming Beijing 2022 Olympics.  Tyler Durden Tue, 11/23/2021 - 18:40
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Mask up, even in your own house, city orders

from RT: Santa Cruz, California has enacted a mask mandate that controversially even requires face coverings in private homes, regardless of vaccination status. The order, which went into effect this week, comes in response to rising Covid-19 cases in the city. The indoor masking requirement covers not only public spaces and businesses, but also private […]
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Monday, November 22, 2021

FDA REPORT FINDS ALL-CAUSE MORTALITY HIGHER IN VAXED & BIG SPIKE IN NEWBORN BABY DEATHS INVESTIGATED

from The Last American Vagabond: TRUTH LIVES on at https://sgtreport.tv/
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Pentagon Confirms US Will Start Over-the-Horizon Mission In Afghanistan

Pentagon Confirms US Will Start Over-the-Horizon Mission In Afghanistan Authored by Jason Ditz via AntiWar.com, Over the weekend, Defense Secretary Lloyd Austin talked up the long-promised “over-the-horizon” missions to keep attacking Afghanistan without being in Afghanistan. Austin said this would be part of a relentless focus on terrorism, talking of action coming against ISIS-K and al-Qaeda. US troops left Afghanistan after the Taliban routed the US-backed government in all major cities. Getty Images "We must work together to combat terrorism—including in Afghanistan from al-Qaeda, and from the malice and sectarian hatred of ISIS," he said while addressing the International Institute for Strategic Studies' (IISS) Manama Dialogue 2021. "And we’ll keep up our relentless focus on counterterrorism, even as we shift to an over-the-horizon concept in Afghanistan," the defense secretary added. Even before the US left, officials talked about this sort of operation as a way to stay active in Afghanistan. It’s not at all clear what that would look like, or how sustainable it might be. However, the Taliban spokesman for Afghanistan's defense ministry rejected the possibility that it would allow US military intervention, even if airstrikes targeting ISIS: "There are no outsiders in Afghanistan. We will not allow any country’s presence by any other means," he said. But it remains a different question on whether the Taliban could do anything about it. It’s probably going to mean airstrikes with little targeting support. The Taliban has insisted that they don’t need help in fighting terror, and they’ve been active in anti-ISIS-K measures. "The truth is that none of these countries were honest regarding Afghanistan. They all were in Afghanistan for their own interests," an Afghan political analyst, Abdulhaq Humad, said of the potential for the looming renewed US airstrikes in the country. Tyler Durden Mon, 11/22/2021 - 20:20
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