China held a $1.5 million lottery to test a new digital fiat currency

China held a $1.5 million lottery to test a new digital fiat currency

  China is taking its digital fiat currency tests to a new level by giving away more than 10 million yuan ($1.5 million) in a new lottery. The state-run People’s Bank of China gave 50,000 randomly selected citizens a “red packet” worth...
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FED’s Neel Kashkari Says Another $3.5 Trillion In Another QE Needed

FED’s Neel Kashkari Says Another $3.5 Trillion In Another QE Needed

Earlier yesterday, in response to Neel Kashkari’s CNBC interview in which the Minneapolis Fed president said “I don’t see any moral hazard here” when asked if the Fed’s massive liquidity injections have blown a bubble, here is a c...
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Germany walks away from Lockheed, Boeing cargo helicopter offers

Germany walks away from Lockheed, Boeing cargo helicopter offers

The German Defence Ministry wants to start fresh on a new heavy transport helicopter after finding that offers from American firms Boeing and Lockheed Martin for the Chinook and the King Stallion, respectively, were too expensive, officials announced Tuesday. ...
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ECB Trademarks “Digital Euro”, Is Preparing a Digital Currency Launch

ECB Trademarks “Digital Euro”, Is Preparing a Digital Currency Launch

Although commercial banks have shown fanatical opposition to all digital currencies, the ECB is now the leader. As the world obsesses over Trump’s taxes or whether or not he is using oxygen during his covid hospitalization, the biggest overhaul in...
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The FED Is Preparing To Deposit “Digital Dollars” Directly To “Each American”

The FED Is Preparing To Deposit “Digital Dollars” Directly To “Each American”

Legislation has proposed that each American have an account at the FED in which digital dollars could be deposited, as liabilities of the Federal Reserve Banks, which could be used for emergency payments. Over the past decade, the one common...
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MSM Journalists Hate Assange Because He’s Broken More Blockbuster Stories Than All MSM Combined

MSM Journalists Hate Assange Because He’s Broken More Blockbuster Stories Than All MSM Combined

In UK, a trial is underway with journalist Julian Assange, who published US war crimes via platform WikiLeaks. “Nonsense!” — Julian Assange shouted as during the second day of his resumed extradition hearing US federal government attorney James...
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China Moves Away From US Dollar

China Moves Away From US Dollar

China is likely to reduce its holdings of US Treasury bonds to just under $800 billion from the current level of more than $1 trillion, according to local news outlet Global Times. A major reason for the reduced exposure is the record...
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U.S. Sanctions Top International Criminal Court Prosecutor

U.S. Sanctions Top International Criminal Court Prosecutor

No, this time the ICC is not investigating 72 years of ethnic cleansing against the indigenous Semitic population. This time in the ICC’s viewfinder are only minor war crimes committed by our venerable allies during the endless war in Afghanistan. It&#8...
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Germany is beginning a universal-basic-income trial

Germany is beginning a universal-basic-income trial

Germany is beginning a universal-basic-income trial with people getting €1,200 a month for 3 years. Starting this week, 120 Germans will receive a form of universal basic income every month for three years. The volunteers will get monthly payments of...
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President Xi Launches Purge Against China’s Deep State

President Xi Launches Purge Against China’s Deep State

Just days after Communist Party officials censored a prominent academic who dared to criticize the CCP and its glorious leader, Xi Jinping, more news of what appears to be a mounting purge of dissent in the aftermath of the coronavirus...
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Central Bank Balance Sheets Jump To $28 Trillion Next Year

Central Bank Balance Sheets Jump To $28 Trillion Next Year

As Bank of America shows, central bank balance sheet have never been bigger with the Fed now holding 34% of US GDP, and expected to see this number rise to 38%. For the other central banks the number is 25%...
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Japan scrapped a $4.2 Billion US missile system

Japan scrapped a $4.2 Billion US missile system

Washington and Tokyo have been allies for 60 years. Both agree they’re spending too much. Japanese Defense Minister Taro Kono was seething after a June 3 briefing in his office. “Why didn’t you figure that out sooner?” he snapped. Offic...
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He Abandoned The Deadly Cargo – About One Unscrupulous Businessman

He Abandoned The Deadly Cargo – About One Unscrupulous Businessman

Thus far an official ongoing investigation by Lebanese authorities into the cause of Tuesday’s Beirut port blast, now considered the largest non-military munitions explosion in history, has dubbed it severe “negligence”. It’s now well ...
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Fed Extends Emergency Lending Programs Through End Of Year

Fed Extends Emergency Lending Programs Through End Of Year

US stock prices are at record highs and credit spreads near record lows amid hopes and prayers for the v-shaped recovery which has already sent US macro surprise data soaring. But, it appears The Fed is not buying the bounce...
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Daughter of an ex-Czechoslovak billionaire, Ghislaine Maxwell arrested for serious crimes

Daughter of an ex-Czechoslovak billionaire, Ghislaine Maxwell arrested for serious crimes

Long term friend of criminal Jeffrey Epstein, who was suicided in prison, and also friend of Donald Trump, and the alleged MOSSAD operative, Ghislaine Maxwell was arrested in New Hampshire for serious crimes. The Ghislaine Maxwell indictment – charges in...
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