33 years ago today

SALUTE 🫡

‼️🇺🇸💵 - Market signals and economic data show increasing indications of a collapse in the US dollar's status as the global reserve currency

▪️It has been clear that since Liberation Day investors have been pulling out of American bonds. US interest rates are significantly elevated relative to competitors like Germany. Borrowers - including the US government - are already feeling the pinch from the decline in US dollar hegemony. Even US corporates are shunning US dollar debt in favour of cheaper alternatives like euro debt.

▪️The US still runs a massive trade deficit, however. Typically this is funded by selling debt abroad. So, how are they still propping this up? Answer this question and you start to get a sense of why the US dollar is so fragile right now.

▪️This chart shows that foreigners have massively wound down on debt purchases since Liberation Day. Plugging the gap that opened up are US stocks. The trade deficit and hence US living standards are being propped up by foreign inflows into the stock market.

▪️When we dig into the data we see that this is not a broad market inflow. Rather, it appears that foreign investors are heavily invested in just a few big tech stocks - the so-called Magnificent 7.

▪️If the stock market crashes then financial inflows into the US will collapse. This will drive the US dollar downward to force the trade deficit closed. Despite having fallen in recent months, the US dollar still has far to fall.

🔗 Philip Pilkington

If you have to test for it its not the plague of old.

BREAKING: A California resident just tested positive for the PLAGUE

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

A two-month-old baby tragically died just 34 hours after being administered routine vaccines.

"The aluminum level in his blood was 95 micrograms per litre. Anything over 50 micrograms per litre in an adult is toxic. His was 95 and he was eight weeks old."

Source

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We had a exciting morning: Orange Man (4 mo tiger cat) was either grabbed by a hawk or coyote or something. He has a small cut but doesn’t want to walk more than necessary. Doesn’t want to get picked up. All limbs working. But he took himself off into a bedroom corner to recouperate. I put down a towel but he didn’t want to move onto it. So I put my red light belt under a layer and here is the result.👆🏻👆🏻👆🏻

Bro standing guard.

I had the belt in the bedroom for me to help with bee stings to my foot. I didn’t set out today to make a shameless ad but I’ve noticed cats gravitate to lying over the red lights or under the big panel. I think it aids healing and apparently so does Orange Man cat. The belt is great for sitting at a computer. And cost effective. MyRedLight.com code REBEL.

Sun no 1. Red lights next best thing because I can’t get the sun under my covers for healing. This was known but were we taught about it? Not since early 1900s.