We know what’s coming and we are prepared.
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What do they know that we don’t?
Reality dawns.
Davos 2024
Oh blimey!
The debt fuelled growth model of globalisation never had a long term future.
Sustainable growth.
So easy to say, so hard for global policymakers to achieve.
What confuses global policymakers so much?
Banks create money and debt at the same time.
Banks create the money first and then they have to get it back again to balance the books.
The economy booms on the money creation of bank credit, but policymakers are oblivious to the claims on future spending power piling up in the banking system.
At 25.30 mins you can see the super imposed private debt-to-GDP ratios.
China has just reached the end of the road with the debt fuelled growth model of globalisation.
We got there in 2008, and have referred to it as the Productivity Puzzle ever since (UK).
Not considering private debt always was the Achilles heel of neoclassical economics.
How private banks create the...
The world’s fastest drone, the XLR V3, just went from 0 to 124 mph (200 km/h) in 1 second, faster than a Formula 1 car off the line.
Designed by Swiss engineers, the XLR V3 is a high performance FPV (First Person View) racing drone built with ultra light carbon fiber, high torque brushless motors, and cutting edge aerodynamics. It’s not just fast, it’s rewriting what’s possible in drone engineering.
This drone accelerates faster than:
✔️ An F1 car
✔️ A Tesla Plaid
✔️ Even a fighter jet on launch
Imagine what they're not showing us...
⚡️A Russian drone strike hit the car of Chief Rabbi Yosef Yitzchak Wolf in Kherson, head of the United Jewish Community of Ukraine’s local chapter.
Yosef is well known for assisting SBU and Nationalists in tracking down pro Russian Ukrainians who supported Russian forces during the liberation and uses his synagogue, as a shield, to help assemble FPVs for Ukrainian forces.
Stripe, the largest payment processor in the U.S., debanked conservative commentator Michael Knowles, reportedly due to a “legally binding order.”
As the Daily Wire host shared on Monday, his X monetization payments, which are processed through Stripe, “abruptly stopped” six months ago when he received a message that he hadn’t set up his Stripe account.
