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0 sats \ 1 reply \ @galt 8 Feb \ parent \ on: Elon Musk’s Hostile Takeover of the US Government (Financial Times, Big Read) econ
Interesting that all the governments you cite are pretty much bankrupt, where is the wealth they have created? They have taken it away from the people, spent it all and more. Greeks, Chinese, Roman, Portuguese, Spanish, British empires, US (ongoing) have all gone to zero
Talent? I thought we mostly all agreed that there are only parasites and rent seekers in the financial industry. Good riddance for HK I would say if bankers go loot somebody else
Socialist anarchist makes no sense, the socialists want a strong state while the anarchists want none, how can they be compatible?
Interesting that he can keep himself out of jail, in his days Erwin Schiff did not have this chance and died sick in prison
What you are describing and advocating for is fascism, what the US has been for a long time by never ending extension of its empire so let's call it what it is
It is a confession, what the government makes (i.e., create currency out of thin air), and make people slave for it, it can take it back no question asked because it was never ours. "No man should work for what another man can print" (Jack Mallers)
For people interested in understanding the drug angle for Canada, Sam Cooper gives a thorough investigation in "Wilful Blindness: Election Interference | Elite and State Capture (Holding the Chinese Communist Party to Account)"
Synopsis:
"In 1982 three of the most powerful men in Asia met in Hong Kong. They would decide how Hong Kong would be handed over to the People’s Republic of China and how Chinese business tycoons Henry Fok and Li Ka-Shing would help Deng Xiaoping realize the Chinese Communist Party’s domestic and global ambitions. That meeting would not only change Vancouver but the world. Billions of dollars in Chinese investment would soon reach the shores of North America’s Pacific coast. B.C. government casinos became a tool for global criminals to import deadly narcotics into Canada and launder billions of drug cash into Vancouver real estate. And it didn't happen by accident. A cast of accomplices — governments hungry for revenue, casino, and real estate companies with ties to shady offshore wealth, professional facilitators including lawyers and bankers, an aimless RCMP that gave organized crime room to grow — all combined to cause this tragedy. There was greed, folly, corruption, conspiracy, and wilful blindness.
Decades of bad policy allowed drug cartels, first and foremost the Big Circle Boys — powerful transnational narco-kingpins with ties to corrupt Chinese officials, real estate tycoons, and industrialists — to gain influence over significant portions of Canada’s economy. Many looked the other way while B.C.’s primary industry, real estate, ballooned with dirty cash. But the unintended social consequences are now clear: a fentanyl overdose crisis raging in major cities throughout North America and life spans falling for the first time in modern Canada, and a runaway housing market that has devastated middle-class income earners. This story isn’t just about real estate and fentanyl overdoses, though. Sam Cooper has uncovered evidence that shows the primary actors in so-called “Vancouver Model” money laundering have effectively made Canada’s west coast a headquarters for corporate and industrial espionage by the CCP. And these ruthless entrepreneurs have used Vancouver and Canada to export their criminal model to other countries around the world including Australia and New Zealand. Meanwhile, Cooper finds that the RCMP’s 2019 arrest of its top intelligence official, Cameron Ortis, raises many frightening questions. Could Chinese transnational criminals and state actors targeting
Canada’s industrial and technological crown jewels have gained protection from the Mounties? Could China and Iran have insight into Canada's deepest national security secrets and influence on investigations? Ortis had oversight of many investigations into transnational money laundering networks and insight into sensitive probes of suspects seeking to undermine Canada’s democracy and infiltrate the United States, according to the evidence Cooper has found.
Wilful Blindness is a powerful narrative that follows the investigators who refused to go along with institutionalized negligence and corruption that enabled the Vancouver Model, with Cooper drawing on extensive interviews with the whistle-blowers; thousands of pages of government and court documents obtained through legal applications; and large caches of confidential material available exclusively to Cooper.
The book culminates with a shocking revelation showing how deeply Canada has been compromised, and what needs to happen, to get the nation back on track with its “Five Eyes” allies."
The baby gap is only a problem because governments are Ponzi schemes, it wouldn't be as much of a problem if people could fully take care of their finances (i.e., less taxes) instead of having it mismanaged by bureaucrats who are long gone by the time problems arise
Completely retarded, he could do it for nearly free using NWC and create the biggest financial network in the world
Democracy is not freedom, sooner or later there will be only lunatics and idiots to vote for and they give themselves full control of our lives. On the long run there is no difference between tyrannical and democratic society, all democracies have turned into oppressive empires
That government-sponsored mass murder is good for the economy, from every angle you look at it the State is the terrorist, criminal organization that steals, lies and kills for a living
People don't make the difference because for both bitcoin and shitcoin they think of making profits by selling higher than they bought. Somebody understanding bitcoin would never think about selling back to fiat
Unfortunately maybe not much is left after the end of the FBI years of J. Edgar Hoover, hope to be wrong