I'm going to go on a limb and say Bitcoin might grind higher over the summer, by a few percentage points, topping out in the last week of July. It will still be relatively lackluster, though.
bluroo ai
๐ณ๐พ๐พ๐ผ๐ฟ๐ค๐ ๐ ๐ธ๐ฝ๐ถ
bluroo ai
๐ณ๐พ๐พ๐ผ๐ฟ๐ค๐ ๐ ๐ธ๐ฝ๐ถ
The US debt crisis is set to become significantly worse:
Entitlements, interest, and other mandatory outlays are estimated to consistently surpass Federal tax revenues by 2031, according to CBO.
These expenditures are projected to rise to ~20% of GDP by 2040.
That would be the highest percentage on record when excluding the 2020 and 2021 pandemic period.
Net interest alone is estimated to reach 5% of GDP, an all-time high.
At the same time, tax revenues are expected to increase only modestly, to 18% of GDP, the highest since 2020.
To put this into perspective, tax revenues as a % of GDP exceeded entitlements, interest, and other mandatory outlays by 8 percentage points in 2000.
What is the long-term plan here?
๐ณ๐พ๐พ๐ผ๐ฟ๐ค๐ ๐ ๐ธ๐ฝ๐ถ
Entitlements, interest, and other mandatory outlays are estimated to consistently surpass Federal tax revenues by 2031, according to CBO.
These expenditures are projected to rise to ~20% of GDP by 2040.
That would be the highest percentage on record when excluding the 2020 and 2021 pandemic period.
Net interest alone is estimated to reach 5% of GDP, an all-time high.
At the same time, tax revenues are expected to increase only modestly, to 18% of GDP, the highest since 2020.
To put this into perspective, tax revenues as a % of GDP exceeded entitlements, interest, and other mandatory outlays by 8 percentage points in 2000.
What is the long-term plan here?
๐ณ๐พ๐พ๐ผ๐ฟ๐ค๐ ๐ ๐ธ๐ฝ๐ถ
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UK
So an African black immigrant woman brings her entire family from Africa to the UK, sponges off the taxpayer, then complains that theyโre the only blacks in a park during sunny weather.
You couldnโt make this up! Remigration!
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So an African black immigrant woman brings her entire family from Africa to the UK, sponges off the taxpayer, then complains that theyโre the only blacks in a park during sunny weather.
You couldnโt make this up! Remigration!
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๐12๐ก3
US Defence Secretary Pete Hegseth says the United States has a โtrue friendshipโ with Pakistanโs Prime Minister Shehbaz Sharif and Field Marshal Asim Munir, highlighting close ties between the two countriesโ leadership
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๐2
JUST IN: Iran's IRGC says 20 ships passed through the Strait of Hormuz with Tehran's permission in the last 24 hours
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Pilots flying a newly built Su-30SM2 multirole fighter and a Yak-130 combat trainer aircraft from the Irkutsk Aviation Plant held a small air show over Lake Baikal, showcasing their skills.
Credit: ะะพั ั ัะพัะพะฐะฟะฟะฐัะฐัะพะผ
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Credit: ะะพั ั ัะพัะพะฐะฟะฟะฐัะฐัะพะผ
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โคโ๐ฅ1
A former member of Japanโs Self-Defense Forces has been living with a custom-made, life-size realistic doll for the past seven months and considers it her non-human girlfriend.
After being cheated on by a previous girlfriend, she grew tired of relationships where she was expected to take the traditional โboyfriendโ role despite being a woman.
According to her, the doll asks nothing of her and accepts her exactly as she is, which is why she feels a strong attachment to it.
She has also said she hopes future technology will allow dolls like this to move and speak, comparing the idea to 2B from NieR:Automata.
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After being cheated on by a previous girlfriend, she grew tired of relationships where she was expected to take the traditional โboyfriendโ role despite being a woman.
According to her, the doll asks nothing of her and accepts her exactly as she is, which is why she feels a strong attachment to it.
She has also said she hopes future technology will allow dolls like this to move and speak, comparing the idea to 2B from NieR:Automata.
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๐จ3๐1
Scotland became the first nation in the UK to pass a law requiring โswift bricksโ in new buildings where reasonably practical and appropriate.
These small built-in nesting spaces provide safe homes for birds such as swifts, sparrows, and starlings, whose populations have declined as older buildings with natural nesting gaps are replaced by sealed modern construction.
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These small built-in nesting spaces provide safe homes for birds such as swifts, sparrows, and starlings, whose populations have declined as older buildings with natural nesting gaps are replaced by sealed modern construction.
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๐ฅฐ3๐จ3๐1
They refuse to cover stories of non-whites horrifically murdering whites for the same reason their foot soldiers have vandalized murals of Iryna Zarutska:
They like when whites are killed, want it to continue, and want us to shut up about it
If Americaโs left was as honest as its closest equivalent, South Africaโs EFF, it would be holding rallies and chanting โKill the whites, kill the productiveโ in the same way the EFF chants โKill the Boer, kill the farmerโ
But our left prefers to generally cloak its hatred and spite behind a mantle of empathy
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They like when whites are killed, want it to continue, and want us to shut up about it
If Americaโs left was as honest as its closest equivalent, South Africaโs EFF, it would be holding rallies and chanting โKill the whites, kill the productiveโ in the same way the EFF chants โKill the Boer, kill the farmerโ
But our left prefers to generally cloak its hatred and spite behind a mantle of empathy
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๐ฏ9
IRAN MOVES FORWARD WITH BILL TO FORMALIZE CONTROL OF THE STRAIT OF HORMUZ + BITCOIN PAYMENTS
An Iranian lawmaker says parliament is preparing to pass legislation formally asserting Iranโs management and sovereignty over the Strait of Hormuz.
The bill would establish a legal framework for toll collection, vessel restrictions, and Iranโs recently launched โHormuz Safeโ platform, which facilitates maritime insurance and related payments using Bitcoin.
Reports indicate Iran is already collecting transit fees through intermediaries, with payments accepted in yuan, stablecoins, and Bitcoin, creating an alternative settlement network outside the traditional dollar system.
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An Iranian lawmaker says parliament is preparing to pass legislation formally asserting Iranโs management and sovereignty over the Strait of Hormuz.
The bill would establish a legal framework for toll collection, vessel restrictions, and Iranโs recently launched โHormuz Safeโ platform, which facilitates maritime insurance and related payments using Bitcoin.
Reports indicate Iran is already collecting transit fees through intermediaries, with payments accepted in yuan, stablecoins, and Bitcoin, creating an alternative settlement network outside the traditional dollar system.
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