Fresh from @fxhedgers on the Fed’s plan to force all banks to take “emergency” money.
Meaning you can’t tell good banks and bad banks. And centralizing money in the hands of the Fed.
Read it here: fxhedgers.com/p/you-will-bor…
“It’s an attempt to prevent any financial institution from failing, no matter how insolvent it becomes… Consolidating all bank lending into the central bank’s direct control. The Fed wants to be not just the guiding hand but the sole arbiter of the money supply.”
https://www.fxhedgers.com/p/you-will-borrow-and-youll-like-it
British man attacked for entering a ‘no-go zone’ in London.
A horde of Islamists surrounded him and questioned why he was in ‘their’ neighborhood.
They threatened him and began chanting ‘Allahu Akbar’ as they kicked him out.
A 65-year-old couple retiring in 2025 with average earnings will receive an estimated $1.34 million in lifetime benefits, while contributing only $720,000 in today’s dollars.
That shortfall—more than $600,000 per couple—is being made up by younger workers.
“Most of the growth in spending has gone to retirement and healthcare, while programs that promote upward mobility... have been left behind”
https://www.newsweek.com/social-security-medicare-young-workers-cost-10477619