Who'd want our dollar anyways?
The American Hypocrisy Good Morning Reader, Today we’re going to cover issues like how France’s leader wants to ban social media due to the recent riots, a way to maximize your retirement using dividends, why Twitter is in trouble thanks to Zuckerberg and how inflation could soon turn into deflation. But first, Sean Ring will give you the rundown on why the U.S. is being hypocritical. The USG is indignant that the Chinese government won’t sell its stuff. But this is why weaponizing the dollar and stealing Russian assets was such a bad idea. Let’s get into it… | | | News: Sean Ring – Thou Shalt Not Steal I can’t stand America’s hypocrisy. When Americans seize assets and refuse to sell goods to other countries and sanction them, it’s punishment by a valid leader of the free world. (And when the UK mindlessly follows them, it’s worse.) But when other countries want to sanction the United States and not sell them stuff, it’s economic warfare. This is a huge reason why the Global South wants to break away from the United States and the Washington Consensus to join the BRICS community. The Global South is literally praying on their hands and knees that BRICS come up with something cogent and sustainable so they can get out of the palm of Western hands. And there was always a danger that this situation would arise… ⇒ Read More Here | |
Politics: Dave Gonigam – The Little Dictator As you might be aware, France has been ripped apart by riots in recent days. (No, that’s not the good news!) To make matters worse, President Emmanuel Macron suggested one way to stop the spread of violence would be to shut down social media networks like TikTok and Snapchat. “Cutting off” social media? That’s a whole other level of authoritarianism. ⇒ Read More Here | |
Retirement: Zach Scheidt – Maximize Your Investment Income With This Simple Step If you’re a dividend stock investor, you may be discouraged by their underperformance lately. But the truth is this pullback can work in your favor over time, especially if you take advantage of the investment income tool Zach is about to show you… ⇒ Read More Here | |
Markets: Ray Blanco – Is Twitter in Trouble? Meta just launched a social media platform to rival Twitter called Threads. Already in its first 24 hours, Threads reached 69 million users. And that was before Meta linked the new platform to their photo-focused app Instagram. If only a quarter of Instagram’s users take advantage of their already existing Threads account, the new platform would surpass Twitter’s active user base. And what’s even worse for Twitter is the timing of their competitor’s launch… ⇒ Read More Here | |
America: Jim Rickards – Will Inflation Soon Turn to Deflation? Can you expect continued inflation — or a trend toward disinflation and possibly even deflation? This is more than a matter of competing narratives. The question goes to the heart of modern economics (the so-called Neo-Keynesian consensus) and the models used in economic forecasting. In truth, it goes to the heart of economics generally and helps to explain why so many forecasts are so badly wrong… ⇒ Read More Here | |
That’s all for today, we’ll be back tomorrow with more of our top articles. Every Friday we take time to address as many reader emails as we can. So, make sure to email us here with any questions or feedback. We look forward to hearing from you! Looking forward to your financial future, | | | | | |
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Keep a civil tongue.