We know what’s coming and we are prepared.
Beijing's Green Light | zerohedge
⬛️ "China stimulus is coming"
🔶 After repeatedly teasing the idea of incoming stimulus several times last year, getting investors' hopes up only to scale it back and disappoint, recent memos from State officials give China's stimulus plans a precise framework they are looking to deliver on. Officials indicated they are waiting to launch the long-awaited "stimulus bazooka" once improving Chinese economic data is met with deteriorating US data.
🔶 This is a historically unusual combination, as global financial flows tend to move in sync (booms and busts are global). Never before has the US entered into a downturn without China. It suggests that Beijing is waiting for signs that the Mainland economy has decoupled before deploying roaring stimulus.
🔶 Finance Minister Lan Fuan points to the fact that Chinese strength relative to US weakness would necessarily attract new foreign direct investment (FDI). Positive real GDP and new FDI coupled with massive consumption stimulus is the path China seeks out of the stubborn economic malaise it has faced since Covid.
🔶 The Chinese State Council released a better-than-expected Q1 GDP report this week, and US GDP looks to decline in Q1. That's the exact divergence Chinese officials have been waiting for to greenlight massive stimulus.
🔶 Chinese stimulus will mean inflation (rising wages, growth and improved employment) and higher bond yields. China's lenders will be in a stronger position and credit spreads will lower. Chinese equities, specifically in sectors whose performance is tied to domestic demand, will also benefit. Demand for industrial commodities - in particular oil, copper and other metals - will increase.
🔶 Western officials continue to talk up looming delisting threats and investment bans, but both look to be far off as reciprocal investment bans from China could collapse the private sector and disturb the Treasury market in ways that would make the recent stress look like a walk in the park.
By DeathTaxesandQE
HOLY CRAP! NAACP lawyer came before the Supreme Court and said the quiet part out loud
Janai Nelson said we need race-based districts because: "white Democrats were not voting for black candidates whether they were Democrats or not!"
This is INSANE.
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BREAKING: In an insane move, Justice Ketanji Jackson declares we need to draw Congressional districts based on race because black people are like disabled people
"They don't have equal access to the voting system. They're DISABLED!"
This is utter madness. How did she get on the Supreme Court?!
"My, kind of, paradigmatic example of this is something like the ADA. Congress passed the ADA against the backdrop of a world generally not accessible to people with disabilities...why is that not what's happening here?!"
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BlackRock CEO Larry Fink says this is only the beginning as the tokenization of everything is underway.
Money, property, and even personal identity will soon exist in digital form.
He calls it a major opportunity for BlackRock, saying the plan is to move beyond traditional financial assets by digitally re-potting them into a new system.
🔗 Shadow of Ezra (@ShadowofEzra)
🤖📱 Between empty promises of a billionaire and a social credit system. The “secret” way your behaviour is ranked on X
What is Tweepcred? It’s a reputation system inherited from the days of Twitter, a social credit mechanism built into X, where every like, comment, retweet, or interaction feeds a hidden score. Post the wrong thing, and your reach is throttled, invisible to followers, blocked from the For You Page, and your voice is confined to a digital coffin. The worst part? X won’t even tell us what we’re doing wrong.
Tweepcred was open-sourced two years ago as part of Elon’s big push for “transparency.” The release confirmed what many suspected for over a decade: the system wasn’t neutral. It could be gamified, and it rewarded those who knew how to play it. Industry insiders and large organizations held a massive advantage over individuals, defeating the very purpose of the internet and the cultural revolution that once challenged mass media.
Content was no longer ...
🇺🇸👨🌾 Meriwether Farms on X:
Dear Trump,
We love you and support you— but your suggestion to buy beef from Argentina to stabilize beef prices would be an absolute betrayal to the American cattle rancher.
We understand there are larger economic and geopolitical dynamics at play, including countering CCP influence in countries in our hemisphere. But the practice of solving problems “over there” before solving problems here on our soil is what contributed to the downfall of our country: Americans always come last.
We understand beef prices are high, and we admire your concern for all Americans, but this is not the fault of the American producer. This is the fault of politicians who have allowed BRICS-aligned entities to dominate the meat industry, that participate in price fixing and who also continually lie to their consumers.
Washington for decades has facilitated the squeezing of our own ranchers while allowing these entities to flood the market with cheaper, ...
