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Degens Deteriorating
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Little India’s popping up all over Australia

How many Little Indias are there now?

There should be 0

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
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Defence experts have issued a warning after undersea internet cables cut off WA coast as a β€˜suspicious’ vessel lurked in the area.

Defence experts warn that the suspicious severing of two vital undersea cables off the WA coast over the weekend highlights the country’s high vulnerability to being cut off from global internet communication.

This is extremely concerning.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
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BREAKING : France

France's 30-Year Bond Yield hits highest level since the Global Financial Crisis

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
The system has two choices:

Keep expanding debt forever and inflate the price of everything.

Or let the debt unwind and watch the system break.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
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Muslim in France yells: β€œAllahu Akbar” & attacks 3 police officers with a knife.

2 officers were stabbed. The male police officer managed to tackle the attacker before he managed to harm anyone else.

This is the REALITY of MULTICULTURALISM.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
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BREAKING: SEC will meet on August 14 to begin its first major crypto rulemaking.

CLARITY got delayed. Crypto regulation didn't.

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JUST IN: Syria's ex-President Bashar al-Assad officially sentenced to death by Syrian court.

He currently resides in Russia where he fled to.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
JAPAN IS TRAPPED AND EVERY OPTION MAKES IT EVEN WORSE

Japan spent roughly $88 billion in two days defending the yen. USD/JPY hit 155.2, and it is already back above 159.

That $88 Billion intervention bought them just three days.

Bond yields are making it even worse.

The 2-year and 5-year both hit 31-year Highs.

Weak currency + high bond yields is a problem no country can afford.

A weak yen makes every import more expensive, and Japan buys almost all its energy in dollars. Rising yields make borrowing more expensive for every Japanese business at the same time.

It gets worse for the financial system. Japan's four largest insurers are already sitting on Β₯14.5 trillion in unrealised bond losses, roughly $91 billion.

Every rise in yields makes that number bigger.

Now the BOJ looks set to hike in September.

Reuters reported yesterday that at least three of nine board members argued for faster rate increases at the July meeting.

Sources say the intervention and pressure from Bessent have all but locked in a September move.

A hike pushes Japanese yields higher still, which deepens the losses on bonds already held and raises borrowing costs further.

And there is a second much worse effect.

Higher Japanese yields narrow the gap between US and Japanese rates. That gap is what makes the yen carry trade profitable.

Traders borrow yen cheaply and buy higher-yielding assets abroad.

Narrow the gap and the trade stops working. Positions get closed, and closing them means selling.

Every direction the BOJ turns creates a new problem somewhere else.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
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So tiny, yet somehow each one is worth more than an entire Subsaharan nation

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This video is a glimpse of what a minority-White America will look like: chaotic, low-trust, violent, and trapped in a constant escalation of conflict.

Prepare accordingly.

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NEWS: Tokenized equities supply on Solana has reached a new all-time high, with $TSLA and $CRCL remaining the largest tokenized equities by supply

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It looks like Banksy is going to be replaced by a patriotic artist. This one was seen in Clacton-on-sea of a policeman covering up the Union Jack flag.

The whole country backs him.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
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JUST IN: Russian President Putin says "I have never been afraid of anything."

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