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Development in the Congress on the Budget and Debt Limit


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#1 redfoliage2

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Posted 28 September 2021 - 05:11 PM

https://www.politico...t-and-cr-494499

#2 redfoliage2

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Posted 29 September 2021 - 08:53 AM

The politicians shall get some kind of  a resolution before tomorrow night.  And currently the market is totally news driven .............................


Edited by redfoliage2, 29 September 2021 - 08:59 AM.


#3 redfoliage2

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Posted 29 September 2021 - 09:21 PM

Today we had good news on Evergrande:

https://www.google.c...k-1634001?amp=1


Edited by redfoliage2, 29 September 2021 - 09:29 PM.


#4 redfoliage2

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Posted 30 September 2021 - 04:06 PM

After Close Update:

https://www.cnn.com/...0-21/index.html



#5 Rogerdodger

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Posted 01 October 2021 - 08:26 AM

The whole market, including Bitcoin, gold, stocks, is about to face a serious crash in October, said Robert Kiyosaki, best-selling author of “Rich Dad Poor Dad”

Kiyosaki’s upcoming book, “The Capitalist Manifesto,” touches on social-economic developments in the U.S., writing that that the government is exercising more totalitarian control measures of the populace.

In particular, a central bank digital currency in the U.S. would be “fascist”, he said.

“I’m more afraid of the Fed Coin than anything else. It will be total control on the economy and our lives. They’ll monitor everything we do and how we spend our money. Our freedom will be gone,” he said.

 

Say Hello to Fedcoin, the U.S. Digital Currency

They could issue a fedcoin and force everyone to trade their paper cash for it. But fedcoin would be nothing like bitcoin.

It’s not bitcoin

Fedcoin would be programmed to erode at a rate to match the Fed’s negative interest rates. Thus, it would not provide a haven to anyone seeking to hold cash to avoid the erosion of bank balances. The government will have you trapped.


Edited by Rogerdodger, 01 October 2021 - 08:35 AM.