Merz At COP30: Climate Panics, German Industry Declines

Submitted by Thomas Kolbe

For the German Chancellor, one summit follows another. After the steel summit, Friedrich Merz now heads to COP30 in Brazil, the gathering of the climate club. There, participants attempt to cover the visible cracks in their construct with the familiar climate panic.

The steel summit at the Federal Chancellery was still echoing in the media when the Chancellor was already on a plane—en route to Belém, Brazil. COP30 is taking place these days under the leadership of Brazilian President Luiz Inácio Lula da Silva.

Representatives from over 70 nations have been celebrating this annual pinnacle of the global climate circus since 1995, giving it the veneer of supranational consensus. Of course, they travel by the thousands—by plane, how else—and with maximum emissions.

No one voluntarily skips the annual climate gala. A few tons of CO₂ really don’t matter anymore. After all, as insiders know, the planet is already burning, and the struggle for a habitable Earth is, in essence, already lost.

Indulgence Trade and Business

Yet, the grand figures of the climate industry wink and suggest there might still be hope for Earth. From Ursula von der Leyen to Lisa Neubauer and even the Chinese delegation, it is understood that massive investments in the green art economy might just pull the iron out of the fire.

As in spiritual circles, a little indulgence here, a CO₂ tax hike there, and magically the global temperature falls to acceptable levels—the climate god appeased.

Friedrich Merz undertakes the 9,000-kilometer journey from Berlin to Belém to assure his fellow indulgence merchants of continued German taxpayer support.

Redistributing the Wealth

The club plans to invest €1.3 trillion annually in climate measures for developing and emerging countries. Germany, as one of the supposedly strongest economies, must naturally participate. With the United States leaving the alliance, showing presence is crucial.

Merz had to travel, regardless of domestic issues. Cynically, his speaking slot was exactly three minutes. Three minutes for the envoy of the club’s hardline faithful—almost heretical considering Germany’s financial contributions.

Before the final boat ride on the Amazon, the Chancellor will lecture on industrial transformation and the energy transition—topics few have mastered as thoroughly as Germany’s top representative.

A Sad Comedy

At least in Brazil, Merz can proudly claim that Germany may meet its climate targets. Massive deindustrialization makes this possible. While UN chief António Guterres demanded radical action at the start of the event, warning in his usual panic that the 1.5° target has already been missed, the Chancellor performs his sad comedy.

Around 300,000 industrial jobs have been lost in Germany in recent years due to soaring energy prices and overreaching climate regulation. The country struggles economically and risks becoming a European Rust Belt under the climate timelines dictated by figures like Guterres.

Self-referential events like COP30, which knowingly ignore the economic fallout of hardline climate policies, distort reality, making it hard for the public to connect climate politics with economic decline.

Deep Cracks in the Construct

Since the peak of the climate movement in 2009, when US President Barack Obama legally declared CO₂ the most dangerous of all climate gases, the construct has shown deep cracks.

The Trump administration repealed this rule, and the US will fully exit the climate club on January 1, 2026, delivering a blow to the movement. Massive capital shifts follow: away from green funds, toward sectors that generate real market returns.

In the US, money flows back to nuclear and conventional energy. Renewables must now compete, as in a real market economy. True progress through free markets.

The climate movement still fails to grasp that technological progress toward cleaner, efficient, and sustainable production was driven not by the state but by market forces—materialized through price mechanisms, not socialist central planning.

China and India

The anachronism of Germany’s industrial retreat is stark where new capacity emerges—in India and China. Both ignore the rules of the Europe-dominated climate club.

India barely acknowledges them, while China plays an intelligent, though ethically questionable, game with Western climate zealots. Through a network of government-funded NGOs, Beijing has long helped anchor the European climate regime politically and in the media, while massively scaling export-oriented production like solar panels, following different domestic paths.

This year alone, China will bring 80 GW of new coal capacity online, invest in nuclear, and, where market-viable, in renewables—pragmatically and unideologically, the Chinese way.

The Taxpayer Cash Cow

From the EU perspective, COP30 must be seen for what it is: a media spectacle designed solely to keep the European climate subsidy machine running at full throttle.

The EU Commission plans around €750 billion for climate subsidies from 2028 to 2034, on top of national subsidies and aid. A massive business, with “partners” of the climate movement holding out their hands for European tax funds through development aid and countless climate funds.

Merz himself knows this game is flawed. Before the summit, he repeatedly stressed that climate protection is central, but must be pursued while safeguarding economic competitiveness and technological openness.

Yet, experience from the first half-year of the Merz government shows that the Chancellor will not challenge Brussels’ destructive climate policies. The combustion engine ban remains; the senseless heating law continues, costing German households billions. The mantra: stay the course, with industrial electricity prices and other subsidies, straight into economic decline.

* * *

About the author: Thomas Kolbe, born in 1978 in Neuss/ Germany, is a graduate economist. For over 25 years, he has worked as a journalist and media producer for clients from various industries and business associations. As a publicist, he focuses on economic processes and observes geopolitical events from the perspective of the capital markets. His publications follow a philosophy that focuses on the individual and their right to self-determination

Tyler Durden Mon, 11/10/2025 - 02:00

The Veteran's Verdict: Our Sacrifices Were Squandered

Authored by Kevin Finn via AmericanThinker.com,

Like many conservatives, I spend a sizable amount of time perusing news and opinion sites. While it’s long been true that “if it bleeds, it leads,” the stories have become much more disturbing of late. People of faith know that we “do not wrestle against flesh and blood,” and that there have always been evil people among us. However, it’s become much more overt since the election of Barry Soetoro, a.k.a. Barack Hussein Obama.

Image created using AI.

Today, we see many examples of Leftists supporting Evil at the expense of Good. Many of our public schools promote degeneracy over virtue and ignorance over intelligence. Even some parents, who we expect would want to protect their children, sometimes support mutilating them over keeping them whole.

It’s been said that if a liberal from the 1960s were brought forward to today, he’d be considered a conservative. And if a liberal from today were transported back to the 1960s, he’d be considered a dangerous lunatic.

No argument there.

Many television shows from the early days of the medium still air today. I sometimes wonder what those characters (if they were real) would say if they could read today’s headlines or listen to the likes of Rachel Maddow. It turns out, however, that we just caught a glimpse of how they might react.

An interview with a 100-year-old WWII veteran from the U.K. named Alec Penstone stirred emotions recently, as he expressed his disillusionment with modern Britain. During his appearance on “Good Morning Britain, Penstone poignantly reflected on his service in the Royal Navy during the D-Day invasion, lamenting that the freedoms for which he and his compatriots fought are no longer evident in his country.

'What we fought for was our freedom, even now [the country] is worse than it was when I fought for it,' says 100-year-old World War II Veteran Alec Penstone. pic.twitter.com/M9HSsS5sIW

— Good Morning Britain (@GMB) November 7, 2025

Similarly, one wonders how King Ferdinand and Queen Isabella would react if they could witness the rising numbers of Muslims in Spain after the Spanish spent so much blood and treasure to expel them during the Reconquista. And what would Thomas Jefferson have to say if, after battling the Barbary Coast pirates, he saw Dearborn, Michigan, and now New York City, bending the knee to Islam (and Socialism/Communism)?

Penstone’s comments struck a chord as he recalled the sacrifices made by countless servicemen. “I can see in my mind’s eye, rows and rows of white stones, of all the hundreds of my friends...for what?” he asked, revealing a deep sense of regret about the direction his country has taken. He harshly criticized the current state of affairs, asserting, “The sacrifice wasn’t worth the result that it is now.” His statement reflects a broader concern among veterans who witness significant changes in societal values and governance.

Penstone’s sentiments resonate amid growing frustrations over issues such as immigration and free speech. Many commentators noted that Britain has faced dramatic cultural shifts, prompting concerns about political correctness and the restrictions on personal liberties. The veteran contrasted the freedoms he fought to protect with what he perceives as an increasingly constrained environment, comparing modern Britain unfavorably to the country he defended.

The backlash against certain expressions, a backlash enforced with hate speech laws in the UK, has contributed to an atmosphere where individuals find their voices being stifled. This ongoing cultural upheaval has led to serious debates about whether the sacrifices made during WWII are being honored or undermined today.

The exchange between Penstone and the show’s anchors highlights a generational divide rooted in how people perceive freedom and the responsibilities that come with it. One of the anchors expressed gratitude for Penstone’s bravery and emphasized the obligation of subsequent generations to uphold the values for which he fought. Yet, Penstone’s dismay suggests a disconnect: despite gratitude, many feel that the essence of freedom and personal responsibility is waning.

The crux of his emotional plea is a stark challenge to contemporary society: Are we living up to the sacrifices of those who came before us? Penstone’s remarks have gone viral, inviting widespread discussion on social media platforms and prompting citizens to critically evaluate their country’s path.

Alec Penstone’s reflections serve as a reminder of the sacrifices made by all our veterans. As he confronts the challenges of modern Britain, his heartfelt words call for a reassessment of values—challenging not only the current populace but also those in power to restore the freedoms that should define and protect Western societies today.

Tyler Durden Sun, 11/09/2025 - 23:20

These Are The Most (And Least) Recognized Flags In The World

When you think of the world’s most iconic and recognizable flags, what comes to mind?

This visual, via Visual Capitalist's Jeff Desjardins, shows results from FlagWhiz.com, a game that allows users to guess the correct country that corresponds to a given flag based on four multiple-choice options. Data is based on 511,581 guesses made from players all over the world.

The Most Recognizable Flags

The following flags were identified correctly over 97.9% of the time:

Many of these flags are unique and are from high profile countries, like Germany, Japan, or India.

The U.S. flag was still extremely identifiable, but lagged just a little bit behind these other countries in quiz results. Reasons for this are unclear, but it could be because Liberia, Malaysia, Uruguay, and even Chile have similar patterns with stars and stripes on their flags.

The Least Recognizable Flags

The following flags were identified correctly less than 67% of the time.

Countries here are typically smaller and are located in the Global South, from Africa, Oceania, or the Caribbean.

Some have more complicated designs, which make them harder to identify. Many of these are nations that only recently became independent in the 20th century— and many also tend to use Pan-African colors of red, yellow, and green.

Which flags are registered the most by marine vessels? See the breakdown in this infographic.

Tyler Durden Sun, 11/09/2025 - 22:45

China Tops US With The World's Biggest Prison Population

America has one of the world’s largest prison populations, with an estimated 1.7 million people in confinement.

Going further, America’s incarceration rate is the fourth-highest in the world. Despite being a developed economy, its prison population is more than double that of Russia, India, and Brazil combined.

This graphic, via Visual Capitalist's Dorothy Neufeld, shows the countries with the most prisoners, based on data from the Prison Policy Initiative.

Breaking Down Countries by Prison Population

Below, we show the countries with the highest estimated prison population, with figures extrapolated from their most recent incarceration rates.

With nearly two million prisoners, China ranks first globally.

In China, many inmates are political prisoners, including Uyghur ethnic minorities. Since 2017, hundreds of thousands of Uyghurs have been detained, along with their communities being subject to surveillance and forced labor.

America follows next, with incarceration rates of 614 per 100,000 people—more than three times higher than in China. This figure jumps significantly in southern states, with Louisiana’s standing at 1,067 per 100,000 people—second only to El Salvador in the world if it were considered a nation.

Ranking third is Brazil, with an estimated 664,000 inmates. The country’s prisons are notoriously overcrowded—some facilities in Rio de Janeiro operate at nearly 190% capacity. Russia also stands among the top five, with roughly 356,000 inmates, a country known for its highly corrupt justice system.

To learn more about this topic, check out this graphic on the cost per prisoner by U.S. state.

Tyler Durden Sun, 11/09/2025 - 21:35

LSAT Suspends Online-Testing In China After Alleged Data-Theft Tied To Chinese Prep Companies

Authored by Eric Mathemeier via CampusReform.org,

Chinese companies preparing students for the American Law School Admission Test (LSAT) have gained unauthorized access to U.S.-based LSAT preparation companies and stolen information, according to the Law School Admissions Council (LSAC), the organization that administers the American LSAT.

After the COVID-19 pandemic, LSAC began permitting remote LSAT administration. In China, that shift fueled a lucrative market of firms exploiting loopholes in LSAC’s online security—enabling hired test-takers, armed with fake identification, to impersonate students and complete the exam from abroad.

LSAC announced in August that it had suspended online testing from mainland China. The suspension came amid concerns that Chinese actors compromised and penetrated remote testing systems and services.

New reports, including one by Dave Killoran, the CEO of PowerScore, an American LSAT prep company, reveal just how these Chinese companies are scamming the LSAT. 

Killoran said that a Chinese whistleblower, told him last May that he had access to what appeared to be stolen LSAT questions. The whistleblower was frustrated how easy it was to gain access to cheat materials. 

Killoran told The Washington Free Beacon that screenshots of the test questions are “compiled into PDFs and sold to students who can’t pay the high fees for a proxy test taker.”

Chinese companies have been charging up to $8,000 for the stolen information. These firms advertise “guaranteed results” through encrypted social media channels and claim to have access to upcoming LSAT questions weeks before the exam.

Actors reportedly stole this information through a variety of means, one of the most prominent being hiding high-definition cameras to photograph in-person and remote exam questions.

This is not the first time that Chinese influence has penetrated American higher education. The Hudson Institute conducted a report on Harvard University published in June, that highlighted how Harvard was training Chinese government officials.

The report said that Harvard provided training to Chinese state officials linked to the repression of Uyghurs in Xinjiang—potentially breaching U.S. sanctions laws.

The Hudson Institute said of its report that it “barely scratches the surface of the Chinese Communist Party’s infiltration of Harvard and US higher education broadly.”

Americans for Public Trust released a report earlier this year detailing how China and other foreign governments have funneled billions of dollars into U.S. colleges and universities.

According to the findings, New York University has received nearly $350 million in Chinese funding, making it the largest known recipient of such contributions over the past several decades.

Tyler Durden Sun, 11/09/2025 - 21:00

US Army Prepares Million Drone Acquisition To Secure Domain Dominance On Modern Battlefield

Nearly four months after U.S. Defense Secretary Pete Hegseth announced sweeping reforms aimed at achieving "drone domain dominance" by 2027, including a Pentagon-wide procurement overhaul led by the DOGE, Reuters reports that the U.S. Army is preparing to acquire at least one million drones over the next few years, marking one of the largest drone procurement cycles in the military service's history. 

Learning from the modern battlefield in Ukraine, the Army plans a massive ramp-up in drones: purchasing at least a million drones over the next 2-3 years, with potential purchases of half a million or more per year thereafter.

This is a significant jump from today's 50,000 drones per year procurement cycle, and comes as Russia and China have ramped up production of their own. 

U.S. Army Secretary Daniel Driscoll told Reuters that this new drone acquisition plan is a "big lift. But it is a lift we're very capable of doing." 

Here's more from the report:

He spoke by phone during a visit to Picatinny Arsenal, where he described learning about experimentation with "net rounds," defenses that capture a drone in nets, as well as new explosives and electromagnetic tools synched into weapon systems.

Driscoll and Picatinny's top commander, Major General John Reim, spoke to Reuters about how the United States was taking lessons from Russia's war in Ukraine, which has been characterized by drone deployments on an unprecedented scale.

Tiny, inexpensive drones have proven to be one of the most potent weapons in the Russia-Ukraine war, where conventional warplanes are relatively rare because of a dense concentration of anti-aircraft systems near front lines.

Ukraine and Russia each produce roughly 4 million drones a year, but China is probably able to produce more than double that number, Driscoll said.

Driscoll said his priority is getting the United States into a position where it can produce enough drones for any future war, stimulating domestic production of everything from brushless motors and sensors to batteries and circuit boards.

. . . 

"We expect to purchase at least a million drones within the next two to three years," Driscoll said.

President Trump's June executive order to "unleash American drone dominance" calls for scaling up domestic production. However, the challenge lies in the fact that supply chains for critical components, such as brushless motors, sensors, batteries, and chips, remain concentrated in China and other Southeast Asian countries.

"Drones are the future of warfare and America will come from behind to lead the way," Sequoia partner Shaun Maguire stated over the summer on X. 

Maguire is right. Listen to Erik Prince's conversations from earlier this year about the future of warfighting, small drones equipped with shaped charges are beginning to eliminate the need for snipers on the battlefield. The operational range is shifting from 1,000 yards with a scoped battle rifle to several miles with a drone controller.

As we noted last month, the Pentagon's DOGE unit is overseeing the complete overhaul of America's lagging drone program. 

Drone stocks, including Red Cat, AeroVironment, and Kratos Defense & Security Solutions, have soared since Trump's early June EO on drones.

In the private markets, Palmer Luckey's Anduril Industries has drawn significant attention for its cutting-edge drone technology. 

Touchdown. pic.twitter.com/Agv5LuGJDd

— Anduril Industries (@anduriltech) November 6, 2025

The #XPRIZEWildfire team recently visited @AndurilTech during semifinals testing. The prize operations team got a look at Anduril’s HQ and saw a demonstration of their integrated system. Their solution worked autonomously and delivered suppression materials in multiple demos. pic.twitter.com/IzQFvWLmpL

— XPRIZE (@xprize) November 7, 2025

And next comes humanoid robots.  

Tyler Durden Sun, 11/09/2025 - 20:25

GOP Secures 60 Votes As Bill To Reopen Government Advances

Update (2100ET): The GOP bill to reopen the government has received 60 votes, after at least eight Democrats crossed the aisle to support it. 

Fetterman is #8:

Current DEM YES VOTES:
Cortez Masto
Durbin
Fetterman
Hassan
Kaine
King
Rosen
Shaheen

— Frank Thorp V (@frankthorp) November 10, 2025

As noted earlier, this begins the long and drawn-out process of Majority Leader John Thune presenting the original House-passed continuing resolution for a vote, which will then have the minibus and updated CR attached. There will then be two more votes before the package goes back to the House. If they pass it, it will head to President Trump's desk. 

Meanwhile, Bitcoin...

*  *  *

Update (2005ET): Senate Republicans have secured enough Senate Democrats to back a new plan to reopen the government. 

Details:

• The core would be a continuing resolution to reopen the government until Jan. 30, 2026 

• It will reverse the Trump administration's firings of furloughed workers and ensure they receive back pay.

• A three-bill spending package known as a 'minibus' that would fund military construction, the VA, the legislative branch, agriculture, and the FDA. 

• Food stamps (SNAP) will be funded through fiscal year 2026.

• The package does not extend expiring pandemic-era Obamacare subsidies, but Democrats have been promised a vote on it after the government reopens. 

The bipartisan deal was hammered out by Senate Appropriations Chair Susan Collins (R-ME), while a trio of Democratic caucus members; Sens. Angus King (I-ME), Jeanne Shaheen (D-NH) and Maggie Hassan (D-NH) provided critical support, Fox News reports. 

Of note, this is essentially what Republicans had offered weeks ago - with Sen. King explaining that the 'length of the shutdown' was the deciding factor.

So democrats (not all, just the required number) will vote to reopen the government under exact same conditions they refused to do so a month ago having realized they won't get what they want by keeping the govt shut.

Is that about right. https://t.co/BURWyi54UT

— zerohedge (@zerohedge) November 10, 2025

Senate Majority Leader John Thune has made clear over the past few days that he won't put a bill forth for a vote that doesn't have the votes to pass. 

"There’s going to be something to vote on, let’s put it that way," said Thune. 

A vote is expected later Sunday evening - which will begin a long and drawn-out process of Thune presenting the original House-passed continuing resolution for a vote, which will then have the minibus and updated CR attached. There will then be two more votes before the package goes back to the House. If they pass it, it will head to President Trump's desk. 

And of course, Democrats are already bitching.

At least 15 Democratic Senate candidates — including Schumer-backed Janet Mills in Maine and several House members — sounding off against the shutdown deal emerging from the Senate https://t.co/tESufWOvxp

— Lisa Kashinsky (@lisakashinsky) November 10, 2025

*  *  *

With the government shutdown having ground airline travel to a standstill - and Thanksgiving right around the corner, Senate Democrats on Sunday say they're ready to advance a package of bills that could end the impasse, multiple sources have told Axios. 

Chuck Schumer and John Thune (Francis Chung/POLITICO) 

"At least 10 Senate Democrats are expected to support a procedural motion to advance a package of spending bills and a short term funding measure," according to the report. 

What's notable about this offer is that Democrats appear willing to accept a promised vote to extend the temporary pandemic-era Obamacare credits in December. 

Senate Majority Leader John Thune (R-SD), meanwhile, said on Sunday that if Democrats cross the aisle to get this done, he will offer another stopgap spending measure with a later expiration date combined with three full-year appropriations bills (aka a 'minibus'). 

If passed, this should hopefully unsnarl air travel in time for Thanksgiving...

Double stacking the planes now. We’re taking off but later flights going to be hurting worse.

Once airports close this thing ends.

We don’t all fly private like many in Congress. pic.twitter.com/tI6asF8lCB

— Brian Sullivan (@SullyCNBC) November 9, 2025

While Bitcoin traders appeared to welcome the news:

 

Are we there yet?

almost at the ... stage https://t.co/tyYIZvIBn3

— zerohedge (@zerohedge) November 9, 2025

Tyler Durden Sun, 11/09/2025 - 20:11

When An Ideologue Says Capitalism Is Theft, Expect Years Of Hardship For His Constituency

By Eric Peters, CIO of One River Asset Management

“When @NYGovCuomo refuses to tax the rich, he’s refusing to let workers enjoy the wealth they created,” wrote Zohran Mamdani in the lead up to his election.

“When he says low taxes foster a ‘business-friendly environment,’ he means an environment where it’s easy for bosses to steal from workers,” continued the candidate.

“Taxation isn’t theft. Capitalism is.”

It’s a rather extraordinary statement. Particularly so for the Mayor of New York, which for a century has been capitalism’s capital city.

Mamdani’s quote falls comfortably within the Karl Marx genre, “From each according to his ability, to each according to his needs!” Or George Orwell’s, “Four legs good, two legs bad.”

Mamdani won the youth vote by the kind of electoral margin that would’ve made Saddam Hussein blush. And when an ideologue says capitalism is theft, you should (1) believe that he means what he says, and (2) expect it to take years of economic hardship for his constituency to come to their senses.

Argentina’s chronic decline started sometime after Peron came to power in the 1940s. Milei chain sawed his way to economic sanity 80 years later.

Anyhow, 1500 miles southwest of New York City, in Austin Texas, 75% of Tesla shareholders voted to award Elon a $1 trillion incentive package. It is contingent on a variety of milestones being met, the most ambitious of which is a 6x rise in Tesla market capitalization to $8.5 trillion.

It was an Ayn Randian sort of result, and sure to attract more NYC refugees to the Lone Star state.

Progressives naturally erupted. Which kicked off a furious but healthy philosophical exchange on X about the makers in society versus the takers.

And whether we should think of economic spoils as a fixed pool to be divided by politicians, or something to be inexorably expanded by free market capitalism.

It is a debate Orwell hoped to settle in Animal Farm’s final chapter, when the pigs replaced their seven idealistic founding principles with one simple line, “All animals are equal, but some animals are more equal than others.”

Tyler Durden Sun, 11/09/2025 - 19:50

Russia Will Only Break Nuclear Test Ban If US Does First: Kremlin

Moscow is still waiting for clarity on the US nuclear testing issue, after President Trump late last month wrote on Truth Social, "Because of other countries' testing programs, I have instructed the Department of War to start testing our Nuclear Weapons on an equal basis."

This immediately sparked confusion and speculation over whether this would just involve testing nuclear delivery systems, like long-range ballistic missiles, or whether there would be an actual return to atomic detonations - which the US has not done since 1992 at the close of the Cold War.

On Sunday Kremlin spokesperson Dmitry Peskov made clear that Russia will hold firm to its obligations under international treaties prohibiting nuclear tests. However, he indicated that Russia will resume explosives tests only if other nations do first, in a clear reference to the United States under the Trump administration.

AFP/Getty images: A French nuclear test in the Mururoa atoll in French Polynesia in 1971.

"Putin has consistently made clear that Russia respects its nuclear test ban commitments and has no plans to violate them," Peskov said in a new interview by Russian media.

"If another country resumes testing, we will be forced to follow suit to preserve strategic parity," Peskov explained,

And according to more from the interview, "He clarified that Putin merely asked officials to evaluate whether nuclear tests might be necessary — not to restart them — but warned that Russia would mirror any such actions taken by others."

Moscow has been complaining that Trump was reacting to mere tests of weapons which are nuclear-powered, and not actual nuclear detonations. RT writes of Peskov's latest remarks:

He also dismissed Western alarm over recent trials of the Burevestnik nuclear-powered cruise missile and the Poseidon underwater drone, stressing that these tests did not involve nuclear detonations. Peskov accused Western analysts of drawing "shallow and inaccurate" conclusions by conflating nuclear-powered system trials with nuclear tests. He added that Moscow expects clarification from Washington regarding Trump’s statements, calling the issue "too serious to overlook."

In October, Russian President Vladimir Putin had touted a successful test of his military's new "invincible" nuclear-capable cruise missile, the Burevestnik. Trump quickly in response called it "not appropriate" and reminded Moscow that a US nuclear submarine is "right off their shores."

The new Russian missile completed a multi-hour flight that covered 14,000km, and is touted as able to evade any modern anti-air defense system. The test took place on October 21 according to the Kremlin announcement.

Needless to say, if each side began detonating nuclear warheads it would be a highly escalatory and dangerous step not seen since the height of the Cold War. Already plenty of nuclear rhetoric has accompanied the proxy war in Ukraine, but so far this has just been confined to words and occasional Telegram and Truth Social 'threats'.

But Trump's wording from the start has left things somewhat ambiguous - and maybe that was his intent - with the words "start testing our Nuclear Weapons on an equal basis...". The wording doesn't itself necessitate explosive testing, also given there's been no evidence that other countries have been engaged in detonating nukes.

Tyler Durden Sun, 11/09/2025 - 19:15

"Grift To Enrich Herself": Ways And Means Committee Responds To Stacey Abrams Dissolving Shady Nonprofit

Radical leftist and twice-failed Georgia gubernatorial candidate Stacey Abrams has officially shuttered her dark-money-funded nonprofit network, including the New Georgia Project and its affiliate, the New Georgia Project Action Fund, a pair of organizations used to drive voter registration and turnouts across the state.

Last week, Ways and Means Committee Chairman Jason Smith (MO-08) released a statement that said the move to dissolve Stacey Abrams-founded New Georgia Project comes after the committee launched an investigation into whether the nonprofit illegally funneled millions into Abrams's 2018 gubernatorial campaign. Smith urged the IRS to revoke its tax-exempt status. 

Smith continued:

"The entire world watched Stacey Abrams turn her twice-failed gubernatorial campaign into a grift to enrich herself in the name of Democrat 'Get Out the Vote' and 'Diversity, Equity, and Inclusion' efforts. The New Georgia Project's decision to dissolve further confirms the Ways and Means Committee and Georgia State Ethics Commission's findings that the organization broke the law when it failed to disclose more than $7 million in illegal contributions and expenditures designed to prop up Abrams's failed 2018 campaign.

"This decision also raises further questions about whether Abrams or other organizations she is linked to have engaged in illegal activity. The Department of Justice should take a close look at every Abrams-linked nonprofit, especially given recent discoveries that Joe Biden's Environmental Protection Agency awarded $2 billion to a group with ties to Abrams."

The rags-to-riches story of Abrams is fascinating. By 2023, amid the so-called climate crisis, Democrats used the Inflation Reduction Act, better known as the Green New Scam, to funnel billions in green subsidies into their dark web of nonprofits. Abrams, hired as senior counsel, helped secure nearly $2 billion in federal funding for Rewiring America.

Related:

• A New Beltway Intrigue: Follow The Biden EPA Money

• DOGE Hones In On Shady Climate "Popup NGO Shell" That Received Billions From Biden

• Friends With Benefits: Stacey Abrams Funneled $20 Million To Her Lawyer

Abrams' grifting in the nonprofit world is a broader symptom of deep-staters siphoning taxpayer funds to bankroll their own political operations. Attention has now turned to Democrats who've weaponized public and private money as force multipliers through a sprawling nonprofit network, fueling a decade-long assault on President Trump that increasingly resembles a color revolution–style campaign.

Great news so far:

• "Panic Unfolds": Nonprofit Sector Battered By 419% Surge In Job Losses And Grantmaking Freeze

If the Trump administration fails to confront the corruption festering within the NGO universe, it risks being consumed by the Democratic Party's decade-long color revolution machine. Some conservative nonprofits have privately opposed investigations, fearing that future Democratic administrations could retaliate by slashing their funding. Ultimately, if the GOP doesn't rein in the sprawling dark web of nonprofit corruption Democrats have built, the anti-ICE riots in Los Angeles earlier this year, marked by burning cars and street chaos, will be just a preview of what's to come during the 2026 midterm election cycle.

Tyler Durden Sun, 11/09/2025 - 18:05

Syria Puts On Show Of 'Major ISIS Crackdown' As Sharaa Arrives In D.C. For Trump Talks

Via The Cradle

Self-appointed Syrian President Ahmad al-Sharaa arrived in Washington on Sunday, following the completion of what Syrian security officials claimed was a large security operation targeting ISIS cells in the country. Sharaa, the former Al-Qaeda and ISIS commander, will meet with US President Donald Trump at the White House on Monday for talks regarding a security deal with Israel and the lifting of the Caesar sanctions.

On Saturday, Syria's Interior Ministry claimed it had launched a major operation against ISIS cells, including 61 raids and 71 arrests in Aleppo, Idlib, Hama, Homs, and Damascus countryside, as part of "ongoing national efforts to combat terrorism and protect public safety," state media SANA claimed.

Some nice staging complete with printed ISIS logo carefully placed on top of explosives & weapons. via SANA

"The operation, based on intelligence gathered through weeks of surveillance, led to the dismantling of several networks, the arrest of multiple suspects, and the seizure of materials linked to terrorist activity," SANA added.

The ministry released photos and videos claiming to show multiple raids targeting ISIS cells on Saturday.

However, several photos and videos showed clear signs of staging, indicating the raids are fake and part of a public relations push to improve the image of Syria’s extremist-led government and promote the lifting of sanctions ahead of Sharaa’s visit to the White House.

Photos from the raids published on the SANA website show printed papers showing the ISIS logo carefully placed on top of explosives and weapons allegedly seized in the raids, as well as action shots of security force members running in the street.

State TV Alekhbariah broadcast videos showing journalists casually filming Syrian security forces as they approach the entrance of homes in which members of ISIS the cells are allegedly hiding. In one video, security forces are shown knocking on the front door of a home, as if they are paying a visit to residents. 

The faces of the ISIS members allegedly detained in the raids are carefully concealed by pulling their shirts over their heads as they are taken to the security forces' vehicles.

The Syrian government has carried out several fake raids against ISIS cells since coming to power in December, including after allegedly foiling an ISIS attack on the Sayyida Zaynab Shrine in southern Damascus in January, and following a suicide bombing at the Mar Elias Church in Damascus in June.

It was later revealed that it was likely members of Sharaa's General Security Service (GSS) who carried out the suicide attack that killed 25 worshipers and injured 52 more at the church in the Duweila district of Damascus.  

The logic behind targeting Christians and blaming the attack on ISIS was explained by a former founder of Al-Qaeda in Syria (Nusra Front), Saleh al‑Hamwi.

While promoting the narrative that ISIS was responsible for the Mar Elias attack, he stated on the social media site X that, as a result, "The international community will rally around [the Syrian government], it will receive significant support, and it will join the international coalition against ISIS."

وحدات مشتركة من الاستخبارات العامة والأمن الداخلي تنفذ حملة مداهمات في منطقة السفيرة بريف حلب تستهدف خلايا تابعة لتنظيم داعش#الإخبارية_السورية pic.twitter.com/uJD8pvwyRU

— الإخبارية السورية (@AlekhbariahSY) November 8, 2025

He added that the government was releasing ISIS leaders from prisons in Idlib and exploiting "the ISIS file internationally in exchange for lifting sanctions."

The US and Israel have a long history of supporting Al-Qaeda linked groups such as the Sharaa’s Nusra Front and ISIS in Syria as part of the CIA-led operation known as Timber Sycamore. While claiming to oppose ISIS publicly and carry out airstrikes against the group, the US military was covertly arming ISIS to help it take over territory in Iraq and Syria, including in Mosul in June 2014.

Within weeks after Assad's fall, US mainstream journalists were advising 'rebels' who fought on behalf of Jolani/Sharaa that ISIS patches are not palatable for Western audiences...

Video footage shows journalist James Longman advising rebels in Damascus, Syria, about the ISIS logo on their uniforms.

One of the rebels attempts to explain that the emblem does not represent ISIS, while the man wearing it is seen quickly removing the symbol. pic.twitter.com/qhZpkJiozJ

— MintPress News (@MintPressNews) December 16, 2024

Washington’s Kurdish ally in Iraq, Masoud Barzani of the Kurdistan Democratic Party (KDP), covertly helped ISIS carry out the genocide of Yezidis in Sinjar in western Iraq two months later.

The US military also protected convoys of ISIS trucks transporting oil from Syria across the border to areas of Iraqi Kurdistan under Barzani's control, for eventual transport to Turkiye.

Tyler Durden Sun, 11/09/2025 - 17:30

DHS Weighs Private Bounty Hunters To Locate Illegal Immigrants

Authored by Darlene McCormick Sanchez via The Epoch Times,

The Trump administration is exploring a program to hire bounty hunters who would track down illegal immigrants and receive bonuses for successful captures, according to a government contracting site.

​The Department of Homeland Security (DHS) and U.S. Immigration and Customs Enforcement (ICE) issued a request for information on Oct. 31 through the federal government’s central online portal for federal contracting opportunities to gauge interest from private bounty-hunting services.

​“DHS ICE has an immediate need for Skip Tracing and Process Serving Services using government furnished case data with identifiable information, commercial data verification, and physical observation services, to verify alien address information, investigate alternative alien address information, confirm the new location of aliens, and deliver materials/documents to aliens as appropriate,” the request stated.

​While the information gathering process isn’t the same as the government seeking a contract for services, it could lead to an opportunity in the foreseeable future.

​The idea is for ICE to provide skip-tracing companies—businesses specializing in locating individuals—with information on 10,000 immigrants at a time to locate over an initial 12-month period.

Extra assignments would be given in increments of 10,000, up to 1,000,000, over additional periods of time.

​Under the plan, skip-trace vendors would be paid to find illegal immigrants and serve them with documents.

​Such companies would verify address information for non-citizens provided by the government, research additional possible addresses for these individuals, confirm their current residence locations, and deliver required documents to them as needed.

​Bounty hunters would provide ICE with documented home and work addresses, phone numbers, vehicle information, and social media information.

​The proposed pay structure includes “monetary bonuses” based on three criteria: performance, volume, and quality of information provided by companies.

​Performance bonuses were proposed for vendors who verify an illegal immigrant’s residence or employment location on the first attempt.

Other factors include timely verification reports, the vendor’s success in document delivery, and obtaining signatures.

In a statement to The Epoch Times, a DHS spokesperson didn’t comment directly on using bounty hunters to help ICE.

“President [Donald] Trump and Secretary [Kristi] Noem are supporting our state and local law enforcement officers who are risking their lives to help locate the worst of the worst criminal illegal aliens, including murderers, rapists, pedophiles, gang members, and terrorists,” the spokesman said.

“We are providing our law enforcement agencies with the tools, training, and resources they need to enforce immigration laws while performing routine police duties.”

​This information request follows a September $1.9 million contract with Carahsoft Technology Corp. for AI-powered social media surveillance.

The Carahsoft contract detailed on UASpending.gov has a potential value of $5.7 million. The contract was for “Zignal Licenses for ICE Homeland Security Investigations” to provide real-time data analysis for criminal investigations.

The same system is currently used by the United States and Israeli militaries.

Earlier this year, states attempted similar bounty hunter programs.

​A Missouri bounty-hunter bill introduced in January targeted violent illegal immigrants but failed to move out of committee and died in the state legislature. The bill called for life without parole for dangerous illegal immigrants convicted of felony trespassing charges in Missouri.

​It would have allowed Missourians to earn $1,000 for reporting illegal immigrants who were arrested.

Lawmakers in Mississippi attempted to duplicate the Missouri bounty hunter bill, but it also failed to move out of committee.

In Arizona, state Republicans proposed a bill that would have incentivized police departments to target people believed to be in the country illegally by awarding them a $2,500 bounty for each arrest that ended in a deportation.

Like the others, Arizona’s Senate Bill 1111 failed to become law.

Tyler Durden Sun, 11/09/2025 - 16:20

"Terrible Thing For Democracy": BBC Top Brass Out After Misleading Trump Documentary

Update (1600ET): President Trump was quick to notice the 'resignations' and didn't hold back in a post on his Truth Social media feed:

The TOP people in the BBC, including TIM DAVIE, the BOSS, are all quitting/FIRED, because they were caught "doctoring" my very good (PERFECT!) speech of January 6th.

Thank you to The Telegraph for exposing these Corrupt 'Journalists."

These are very dishonest people who tried to step on the scales of a Presidential Election.

On top of everything else, they are from a Foreign Country, one that many consider our Number One Ally.

What a terrible thing for Democracy!

We think the smile on his face below says it all.

*  *  *

As we detailed earlier, two top BBC executives are out amid a scandal over deceptive editing of a speech President Donald Trump gave on January 6th, 2021. 

Director General Tim Davie and the outlet's news CEO, Deborah Turness, have resigned amid the controversy. 

"I wanted to let you know that I have decided to leave the BBC after 20 years," Davie said in a statement, adding "This is entirely my decision, and I remain very thankful to the Chair and Board for their unswerving and unanimous support throughout my entire tenure, including during recent days." 

Davie's claim that "I have decided" is undoubtedly more fake news. These people can't seem to stop lying.

According to the misleading clip, Trump said to supporters: "We’re gonna walk down to the Capitol and I’ll be there with you and we fight. We fight like hell, and if you don’t fight like hell, you’re not gonna have a country anymore."

The comments were in fact made roughly 54 minutes apart, and meant to make it look like Trump incited the Jan. 6 capitol riot. Footage of protesters shown marching toward the Capitol immediately after the clip was in fact from before Trump began addressing supporters. 

HOLY SHIT

BBC EDITED Trump’s quotes on January 6th to make it look like he was calling for an insurrection

SUE THEM INTO THE GROUND pic.twitter.com/lebK7gqxqA

— Libs of TikTok (@libsoftiktok) November 4, 2025

The BBC is "100% fake news," White House Press Secretary Karoline Leavitt told The Telegraph on Friday, adding that UK taxpayers are being "forced to foot the bill for a Leftist propaganda machine."

“Every time I travel to the United Kingdom with President Trump and am forced to watch the BBC in our hotel rooms, it ruins my day listening to their blatant propaganda and lies about the president of the United States and all that he’s doing to make America better and the world a safer place.” -Karoline Leavitt

On Saturday, it was reported that the BBC is expected to apologize for the deceptive edit, with a spokesperson telling The Guardian that the organization's chair would provide a "full response to the Culture, Media and Sport Committee on Monday."

The newspaper said its reporting was based on a memo written by Michael Prescott, a former adviser to the BBC’s editorial guidelines and standards committee. Prescott left his role earlier this year and has not commented on the document, understood to have been leaked by a whistleblower.

It published an extract that read: “It was completely misleading to edit the clip in the way Panorama aired it. The fact that he did not explicitly exhort supporters to go down and fight at Capitol Hill was one of the reasons there were no federal charges for incitement to riot.”

The memo reportedly added that Prescott, a communications consultant and former political journalist, had raised concerns about the way BBC Arabic covered the war in Gaza. -Guardian

‘All the BBC had to do was explain themselves, but they just his behind a “no comment” for weeks.'

GB News Senior Political Commentator Nigel Nelson believes the BBC’s internal process ‘doesn’t work’ and the process needs to be directed through the accountability of Ofcom. pic.twitter.com/Jo8Ag6v3K1

— GB News (@GBNEWS) November 9, 2025

Tyler Durden Sun, 11/09/2025 - 15:45

Peter Schiff: Printing Money Is Not the Cure for Cononavirus



In his most recent podcast, Peter Schiff talked about coronavirus and the impact that it is having on the markets. Earlier this month, Peter said he thought the virus was just an excuse for stock market woes. At the time he believed the market was poised to fall anyway. But as it turns out, coronavirus has actually helped the US stock market because it has led central banks to pump even more liquidity into the world financial system. All this means more liquidity — central banks easing. In fact, that is exactly what has already happened, except the new easing is taking place, for now, outside the United States, particularly in China.” Although the new money is primarily being created in China, it is flowing into dollars — the dollar index is up — and into US stocks. Last week, US stock markets once again made all-time record highs. In fact, I think but for the coronavirus, the US stock market would still be selling off. But because of the central bank stimulus that has been the result of fears over the coronavirus, that actually benefitted not only the US dollar, but the US stock market.” In the midst of all this, Peter raises a really good question. The primary economic concern is that coronavirus will slow down output and ultimately stunt economic growth. Practically speaking, the world would produce less stuff. If the virus continues to spread, there would be fewer goods and services produced in a market that is hunkered down. Why would the Federal Reserve respond, or why would any central bank respond to that by printing money? How does printing more money solve that problem? It doesn’t. In fact, it actually exacerbates it. But you know, everybody looks at central bankers as if they’ve got the solution to every problem. They don’t. They don’t have the magic wand. They just have a printing press. And all that creates is inflation.” Sometimes the illusion inflation creates can look like a magic wand. Printing money can paper over problems. But none of this is going to fundamentally fix the economy. In fact, if central bankers were really going to do the right thing, the appropriate response would be to drain liquidity from the markets, not supply even more.” Peter explained how the Fed was originally intended to create an “elastic” money supply that would expand or contract along with economic output. Today, the money supply only goes in one direction — that’s up. The economy is strong, print money. The economy is weak, print even more money.” Of course, the asset that’s doing the best right now is gold. The yellow metal pushed above $1,600 yesterday. Gold is up 5.5% on the year in dollar terms and has set record highs in other currencies. Because gold is rising even in an environment where the dollar is strengthening against other fiat currencies, that shows you that there is an underlying weakness in the dollar that is right now not being reflected in the Forex markets, but is being reflected in the gold markets. Because after all, why are people buying gold more aggressively than they’re buying dollars or more aggressively than they’re buying US Treasuries? Because they know that things are not as good for the dollar or the US economy as everybody likes to believe. So, more people are seeking out refuge in a better safe-haven and that is gold.” Peter also talked about the debate between Trump and Obama over who gets credit for the booming economy – which of course, is not booming.

We are living in crazy times. I have a hard time believing that most of the general public is not awake, but in reality, they are. We've never seen anything like this; I mean not even under Obama during the worst part of the Great Recession." Now the Fed is desperately trying to keep interest rates from rising. The problem is that it's a much bigger debt bubble this time around , and the Fed is going to have to blow a lot more air into it to keep it inflated. The difference is this time it's not going to work." It looks like the Fed did another $104.15 billion of Not Q.E. in a single day. The Fed claims it's only temporary. But that is precisely what Bernanke claimed when the Fed started QE1. Milton Freedman once said, "Nothing is so permanent as a temporary government program." The same applies to Q.E., or whatever the Fed wants to pretend it's doing. Except this is not QE4, according to Powell. Right. Pumping so much money out, and they are accusing China of currency manipulation ? Wow! Seriously! Amazing! Dump the U.S. dollar while you still have a chance. Welcome to The Atlantis Report. And it is even worse than that, In addition to the $104.15 billion of "Not Q.E." this past Thursday; the FED added another $56.65 billion in liquidity to financial markets the next day on Friday. That's $160.8 billion in two days!!!! in just 48 hours. That is more than 2 TIMES the highest amount the FED has ever injected on a monthly basis under a Q.E. program (which was $80 billion per month) Since this isn't QE....it will be really scary on what they are going to call Q.E. Will it twice, three times, four times, five times what this injection per month ! It is going to be explosive since it takes about 60 to 90 days for prices to react to this, January should see significant inflation as prices soak up the excess liquidity. The question is, where will the inflation occur first . The spike in the repo rate might have a technical explanation: a misjudgment was made in the Fed's money market operations. Even so, two conclusions can be drawn: managing the money markets is becoming harder, and from now on, banks will be studying each other's creditworthiness to a greater degree than before. Those people, who struggle with the minutiae of money markets, and that includes most professionals, should focus on the causes and not the symptoms. Financial markets have recovered from each downturn since 1980 because interest rates have been cut to new lows. Post-2008, they were cut to near zero or below zero in all major economies. In response to a new financial crisis, they cannot go any lower. Central banks will look for new ways to replicate or broaden Q.E. (At some point, governments will simply see repression as an easier option). Then there is the problem of 'risk-free' assets becoming risky assets. Financial markets assume that the probability of major governments such as the U.S. or U.K. defaulting is zero. These governments are entering the next downturn with debt roughly twice the levels proportionate to GDP that was seen in 2008. The belief that the policy worked was completely predicated on the fact that it was temporary and that it was reversible, that the Fed was going to be able to normalize interest rates and shrink its balance sheet back down to pre-crisis levels. Well, when the balance sheet is five-trillion, six-trillion, seven-trillion when we're back at zero, when we're back in a recession, nobody is going to believe it is temporary. Nobody is going to believe that the Fed has this under control, that they can reverse this policy. And the dollar is going to crash. And when the dollar crashes, it's going to take the bond market with it, and we're going to have stagflation. We're going to have a deep recession with rising interest rates, and this whole thing is going to come imploding down. everything is temporary with the fed including remaining off the gold standard temporary in the Fed's eyes could mean at least 50 years This liquidity problem is a signal that trading desks are loaded up on inventory and can't get rid of it. Repo is done out of a need for cash. If you own all of your securities (i.e., a long-only, no leverage mutual fund) you have no need to "repo" your securities - you're earning interest every night so why would you want to 'repo' your securities where you are paying interest for that overnight loan (securities lending is another animal). So, it is those that 'lever-up' and need the cash for settlement purposes on securities they've bought with borrowed money that needs to utilize the repo desk. With this in mind, as we continue to see this need to obtain cash (again, needed to settle other securities purchases), it shows these firms don't have the capital to add more inventory to, what appears to be, a bloated inventory. Now comes the fun part: the Treasury is about to auction 3's, 10's, and 30-year bonds. If I am correct (again, I could be wrong), the Fed realizes securities firms don't have the shelf space to take down a good portion of these auctions. If there isn't enough retail/institutional demand, it will lead to not only a crappy sale but major concerns to the street that there is now no backstop, at all, to any sell-off. At which point, everyone will want to be the first one through the door and sell immediately, but to whom? If there isn't enough liquidity in the repo market to finance their positions, the firms would be unable to increase their inventory. We all saw repo shut down on the 2008 crisis. Wall St runs on money. . OVERNIGHT money. They lever up to inventory securities for trading. If they can't get overnight money, they can't purchase securities. And if they can't unload what they have, it means the buy-side isn't taking on more either. Accounts settle overnight. This includes things like payrolls and bill pay settlements. If a bank doesn't have enough cash to payout what its customers need to pay out, it borrows. At least one and probably more than one banks are insolvent. That's what's going on. First, it can't be one or two banks that are short. They'd simply call around until they found someone to lend. But they did that, and even at markedly elevated rates, still, NO ONE would lend them the money. That tells me that it's not a problem of a couple of borrowers, it's a problem of no lenders. And that means that there's no bank in the world left with any real liquidity. They are ALL maxed out. But as bad as that is, and that alone could be catastrophic, what it really signals is even worse. The lending rates are just the flip side of the coin of the value of the assets lent against. If the rates go up, the value goes down. And with rates spiking to 10%, how far does the value fall? Enormously! And if banks had to actually mark down the value of the assets to reflect 10% interest rates, then my god, every bank in the world is insolvent overnight. Everyone's capital ratios are in the toilet, and they'd have to liquidate. We're talking about the simultaneous insolvency of every bank on the planet. Bank runs. No money in ATMs, Branches closed. Safe deposit boxes confiscated. The whole nine yards, It's actually here. The scenario has tended to guide toward for years and years is actually happening RIGHT NOW! And people are still trying to say it's under control. Every bank in the world is currently insolvent. The only thing keeping it going is printing billions of dollars every day. Financial Armageddon isn't some far off future risk. It's here. Prepare accordingly. This fiat system has reached the end of the line, and it's not correct that fiat currencies fail by design. The problem is corruption and manipulation. It is corruption and cheating that erodes trust and faith until the entire system becomes a gigantic fraud. Banks and governments everywhere ARE the problem and simply have to be removed. They have lost all trust and respect, and all they have left is war and mayhem. As long as we continue to have a majority of braindead asleep imbeciles following orders from these psychopaths, nothing will change. Fiat currency is not just thievery. Fiat currency is SLAVERY. Ultimately the most harmful effect of using debt of undefined value as money (i.e., fiat currencies) is the de facto legalization of a caste system based on voluntary slavery. The bankers have a charter, or the legal *right*, to create money out of nothing. You, you don't. Therefore you and the bankers do not have the same standing before the law. The law of the land says that you will go to jail if you do the same thing (creating money out of thin air) that the banker does in full legality. You and the banker are not equal before the law. ALL the countries of the world; Islamic or secular, Jewish or Arab, democracy or dictatorship; all of them place the bankers ABOVE you. And all of you accept that only whining about fiat money going down in exchange value over time (price inflation which is not the same as monetary inflation). Actually, price inflation itself is mainly due to the greed and stupidity of the bankers who could keep fiat money's exchange value reasonably stable, only if they wanted to. Witness the crash of silver and gold prices which the bankers of the world; Russian, American, Chinese, Jewish, Indian, Arab, all of them collaborated to engineer through the suppression and stagnation of precious metals' prices to levels around the metals' production costs, or what it costs to dig gold and silver out of the ground. The bankers of the world could also collaborate to keep nominal prices steady (as they do in the case of the suppression of precious metals prices). After all, the ability to create fiat money and force its usage is a far more excellent source of power and wealth than that which is afforded simply by stealing it through inflation. The bankers' greed and stupidity blind them to this fact. They want it all, and they want it now. In conclusion, The bankers can create money out of nothing and buy your goods and services with this worthless fiat money, effectively for free. You, you can't. You, you have to lead miserable existences for the most of you and WORK in order to obtain that effectively nonexistent, worthless credit money (whose purchasing/exchange value is not even DEFINED thus rendering all contracts based on the null and void!) that the banker effortlessly creates out of thin air with a few strokes of the computer keyboard, and which he doesn't even bother to print on paper anymore, electing to keep it in its pure quantum uncertain form instead, as electrons whizzing about inside computer chips which will become mute and turn silent refusing to tell you how many fiat dollars or euros there are in which account, in the absence of electricity. No electricity, no fiat, nor crypto money. It would appear that trust is deteriorating as it did when Lehman blew up . Something really big happened that set off this chain reaction in the repo markets. Whatever that something is, we aren't be informed. They're trying to cover it up, paper it over with conjured cash injections, play it cool in front of the cameras while sweating profusely under the 5 thousands dollar suits. I'm guessing that the final high-speed plunge into global economic collapse has begun. All we see here is the ripples and whitewater churning the surface, but beneath the surface, there is an enormous beast thrashing desperately in its death throws. Now is probably the time to start tying up loose ends with the long-running prep projects, just saying. In other words, prepare accordingly, and Get your money out of the banks. I don't care if you don't believe me about Bitcoin. Get your money out of the banks. Don't keep any more money in a bank than you need to pay your bills and can afford to lose.











The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more













The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

The FBI released a summary of its file from the Hillary Clinton email investigation on Friday, showing details of Clinton's explanation of her use of a private email server to handle classified communications. The release comes nearly two months after FBI Director James Comey announced that although Clinton's handling of classified information was "extremely careless," it did not rise to the level of a prosecutable offense. Attorney General Loretta Lynch announced the next day that she would not pursue charges in the matter. "We are making these materials available to the public in the interest of transparency and in response to numerous Freedom of Information Act (FOIA) requests," the FBI noted in a statement sent to reporters with links to the documents. The documents include notes from Clinton's July 2 interview with agents, as well as a "factual summary of the FBI's investigation into this matter," according to the FBI release. Throughout her interview with agents, Clinton repeatedly said she relied on the career professionals she worked with to handle classified information correctly. The agents asked about a series of specific emails, and in each case Clinton said she wasn't worried about the particular material being discussed on a nonclassified channel.