Monday, October 7, 2024

As CBDCs Roll-Out, Elite-Backed Digital Payment Systems Vie to Build the “Global Payment Standard”

by Stavroula Pabst, Unlimited Hangout:

As Central Bank Digital Currency (CBDC) pilots proliferate, a myriad of elite-gilded and blockchain-powered digital payment networks are vying for their technologies and payment systems to be incorporated in the developing digital currency infrastructures of tomorrow. Their end game? A digital financial grid prime for abuse.

The Incredibly Ballooning US Government Debt Spikes by $1 Trillion in 15 Weeks to $34 Trillion

by Wolf Richter, Wolf Street:

Interest payments threatening to eat up half the tax receipts may be the only disciplinary force left to deal with Congress.

The total US national debt spiked by $1.0 trillion in 15 weeks since September 15, to $34.0 trillion, according to the Treasury Department’s figures this afternoon. In the seven months since the debt ceiling was lifted, the national debt spiked by $2.5 trillion.

CHINA TO CONSTRUCT MAJOR CITY OUTSIDE OF BAGDHAD

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED UP $1.50 TO $2064.50 WITH SILVER DOWN $.09 TO $23.73/PLATINUM WAS DOWN $5.80 TO $987,60 WHILE PALLADIUM WAS DOWN $24.40 TO $1080.60/IMPORTANT GOLD/SILVER COMMENTARY TONIGHT FROM TED BUTLER//CHINA TO CONSTRUCT MAJOR CITY OUTSIDE OF BAGDHAD//ISRAEL VS HUMAS UPDATES//WEST BANK VS ISRAEL UPDATES//LEBANON AND HEZBOLLAH UPDATES: MAJOR ASSASSINATION OF PALESTINIAN LEADER//SYRIA VS ISRAEL UPDATES//HOUTHIS ATTACK USA SHIP IN THE RED SEA///COVID UPDATES//VACCINE INJURIES//DR PAUL ALEXANDER/SLAY NEWS ETC//USA DATA RELEASE SHOWS MANUFACTURING SLUMPING AGAIN REVERSE REPO BACK TO 713 BILLION DOLLARS////USA ECONOMIC NEWS FROM MISH SHEDLOCK

BREAKING: MAX KEISER WARNS THE END OF THE DOLLAR IS NEAR, PLUS EL SALVADOR IS THE NEW AMERICA

from BANNED.VIDEO:

TRUTH LIVES on at https://sgtreport.tv/

GoldSeek Radio Nugget — Charles Nenner

from GoldSeek Radio:

TRUTH LIVES on at https://sgtreport.tv/

No Let Up

by Ted Butler, Silver Seek:

It seems to me that the forces at play in silver, both working for and against sharply higher prices, show no signs of letting up. However, common sense and logic dictate that such diametrically-opposed forces point to an eventual end to the stalemate – with the only real question being when. Since these opposing forces have been in play for 40 years, they have taken on a life of their own and the purpose of this review is a brief overview and summary.

Let me start with the forces that have worked to suppress and manipulate the price of silver to be much lower than any objective analysis would suggest, both on an absolute basis and relative to just about any other commodity or asset, most specifically, gold. The direct cause of silver’s 40-year price suppression is collusive commercial (mostly bank) paper positioning on the COMEX, the world’s leading precious metals derivatives exchange.

GoldSeek Radio Nugget – John Williams:

from GoldSeek Radio:

TRUTH LIVES on at https://sgtreport.tv/

Argentina’s President Javier Milei Signs Decree Slashing 5,000 Government Jobs

from The Epoch Times:

Most government workers hired since Jan. 1 this year won’t have their contracts renewed.

Argentina’s new president, Javier Milei, has revealed plans to lay off an estimated 5,000 state employees hired this year before he took office, as part of wider efforts to slash government spending amid the backdrop of the country’s troubled economy.

Mr. Milei, an economist, signed a decree on Dec. 26 stating that his government won’t renew contracts for the thousands of government workers hired since Jan. 1, according to reports.

RED SEA MASSACRE: Will America’s aircraft carriers SINK along with the US economy?

from Health Ranger Report:

TRUTH LIVES on at https://sgtreport.tv/