Don’t Believe This Headline
The Best Fake News Is Not ALL Fake Hi Reader, Here’s what our editors are looking at today… | | | News: Dave Gonigam – The Truth About the “Petrodollar” The most effective “fake news” has a foundation in the truth. So it goes with the following viral story that you may or may not have run across in the last week… “Saudi Arabia exits the petrodollar.” We’ve chronicled the slow-motion unraveling of the petrodollar arrangement the last two years — going back to March 2022 when Saudi Arabia made it known it might start accepting yuan for some of its oil sales to China. But there was nothing about the deal that “expired” a week ago Sunday. Furthermore, there was nothing that happened a few days ago to signal the IMMINENT DEMISE of the dollar’s role as the globe’s reserve currency. ⇒ Read More Here | |
Markets: Chris Campbell – Purple Milkshake Death A few years back, you’ll recall, McDonald’s went on a shopping spree, gobbling up AI startups left and right. They even had their own secret AI lab, cooking up voice bots and "suggestive selling" screens to convince you to supersize that order. Unfortunately, the tech didn’t quite live up to the hype… ⇒ Read More Here | |
Politics: Sean Ring – Government is a “Reverse ATM” Going cashless was always a scam. Now, the mask has finally slipped. Most poor people don’t have Apple Wallets. Or even an Android wallet. Or even a cell phone. Governments literally “de-bank” the poor when they go cashless. ⇒ Read More Here That’s all for today, we’ll be back tomorrow with what our editors were looking at this week. Email us here with whatever crosses your mind that you want us to cover. We look forward to hearing from you! Looking forward to your financial future, | | | | | |
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