Leader Editor of https://xitter.cf/t.co/GWRLBrgS6R; hlcntst.; mtrlst. Journalist #DistrictAssembly #Fulbright; #Trotsky; Leader of @ #ICFI, author, #CEH
California, USA
Joined January 2015
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Isn’t the ICFI, WSWS, SEP a front for police state agencies? Aren’t you an agent of a police state agency? @DavidNorthWSWS
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"The cure cannot be worse than the disease," - David North
Printing money was the cure. Now it's the disease, and the next crisis arrives with no medicine left.
youtu.be/PpGb-f_UYBg?utm_sou…
Eric : Head of #DistrictAssembly; Join now! retweeted
📘Le rapport d'information portant recueil d’auditions de la commission sur la guerre hybride et continuum de conflictualités est en ligne 👉assemblee-nationale.fr/dyn/1…. #DirectAN #Defense
Yields were not responsible for the sudden fall in prices on precious metals. The rise in yields caused a wave of variation margin calls that triggered a liquidity crisis, just like I said. In response to the liquidity crisis, investors sold their most liquid asset : precious metals. All in less than four hours of New York trading. Contagion is spreading with the 10 Y US Treasury Note at 5.30%.
Yields on US Treasury Notes are not responsible for the drop in the price of gold. Yields were rising last week but gold rose. It is more than likely a tailwind from the high cost of oil causing a new wave in the ever ensuing liquidity crisis. China, however, buys on the dip. Unless or until China does not (or any of the major central banks for that matter), gold will rise.
Is it the case that China has begun to apply the IMF's methods (which were applied to Japan, South Korean & Malaysia) to Africa? Who would have thought? China becomes a miniaturized IMF. While I investigated the Chinese loan sharking claim previously, I found no evidence.
Newly revealed #ChinaCapital documents show how Chinese lenders, working with Chinese contractors in Zambia, piled loans onto the country and its ailing state-owned enterprises and then adopted a hardball stance when it came time to repay.
Read the story: buff.ly/tonsYkl
Joel Salatin has demonstrated that subsidies for farmers are unnecessary. His demonstration is scientific. If a scientific demonstration provides for no subsidies, there should be none. It is pure logic.
THE EUROPEAN BOND PANIC: Why French Debt Just Blew Out 32 Points! youtu.be/Qlsl2nZkuNA?si=If3M… via @YouTube
The momentum for yields to fall from 5.00 to 4.96, four basis points, couldn’t have come a sudden European capital flight to for two reasons: 1) the dropped 34 b/p earlier.
Eric : Head of #DistrictAssembly; Join now! retweeted
Gold stocks have rarely been this oversold.
~92% of stocks in the gold miners ETF, $GDX, are now trading below their 50-day moving average, the highest proportion since late July.
This figure has risen +80 percentage points in just 21 sessions.
Furthermore, 90% of stocks in $GDX are trading below their 200-day moving average, the highest proportion in 3 months.
Similar setups occurred in March 2024 and December 2024.
In the following month, $GDX rallied +21.5% and +15.4%, respectively.
History suggests the selloff in gold miners is nearing exhaustion.
Eric : Head of #DistrictAssembly; Join now! retweeted
Health insurance is an unaffordable disaster.
Democrats gave us the ACA which dramatically caused health insurance to rise, BUT Republicans have not even attempted to fix it with full control of the government.
But they tell you vote for R’s to stop Medicare for All, yet take no action to fix it.
BREAKING: The average cost of a family’s annual health insurance premium in the US is up +$1,303 YoY, or +5%, to a record $28,303.
This marks the 4th consecutive annual increase of at least +$1,300.
Over this period, the average annual premium for family coverage has surged +$5,884, or +26%.
To put this into perspective, CPI inflation has risen +13% over the same period, or half as much.
Since 1999, the average health insurance premium for a family has soared +$22,494, or +387%.
This represents an average annual growth rate of +6.1%, well above CPI inflation at +2.6% over the same period.
Health insurance has never been more expensive.
We Were Totally Wrong About France Riots and Europe Collapse: Top Economist youtu.be/wLGASoHX6LU?si=Edta… via @YouTube
@PeterSchiff @davidlin_TV You should ask Schiff to debate Keen b/c Keen is a paid professional Keynesian sophist, who believes account tricks clear debt.
The Great Financial Crisis Returns to Haunt the US Financial System as the Greatest Financial Crisis of the Millennium ; forthcoming...
The symptoms from 2008 in 2026 far outweigh the conjectural coincidences from March 2020.
The crisis of March 2020 is haunting the US financial system wsws.org/en/articles/2026/08…
By comparison, the post-2008 Financial Crisis peak was ~10.8% but now the delinquency rate for CMBS is 12.0%, the second highest on record. The Great Financial Crisis of 2008 haunts the US financial system.
Eric : Head of #DistrictAssembly; Join now! retweeted
The #Pentagon has identified a new threat: #ConfuciusInstitutes.
First refrigerators. Then cranes and garlic. Now the #ConfuciusInstitutes. The #NationalSecurity threat list keeps growing. Somewhere, a Mandarin textbook is presumably being grilled under a bright light.
Official data showed that by the end of 2025, 510 Confucius Institutes had been established in 164 countries and regions, bringing people closer through Chinese-language learning, opportunities to explore Chinese culture and greater understanding across cultural divides.
Turning classrooms into security threats takes a remarkable imagination. It also spares officials the trouble of distinguishing curiosity from conspiracy.
You might think understanding #China would help America navigate its relationship with China. But seeing an enemy behind every blackboard only turns ignorance into official policy.
Nothing projects confidence quite like treating a beginner's vocabulary list or paper cuttings as an enemy arsenal.
The Housing Authority in Tulsa, Oklahoma socialized houses in the city so that the county's government can pay law enforcement (i.e., such as code enforcement, etc...), lawyers, judges, or the Court so socialization doesn't mean free rent.
Avoid Berlin like cancer.
Europe’s largest residential landlord Vonovia stands to lose more than €8bn from nationalisation plans in Berlin, as the prospective governing parties of the city discuss the socialisation of 140,000 apartments.
The leftwing Die Linke, winner of the September state election, has agreed to coalition talks with the Social Democrats and the Greens over plans to transfer large apartment portfolios into public ownership in an effort to bring down rents in the capital.
The proposal, which foresees compensation far below market values, could impose losses of more than €11bn on four major property companies relative to the levels at which the properties are held in their books, according to FT calculations.
