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Edward Snowden

Edward Snowden
Edward Snowden

Stanley Druckenmiller on the Alleged $32T Debt

Stanley Druckenmiller on the Alleged $32T Debt -- "This is what really annoys me, how no one talks about it... Do you know that the $32 trillion [in government debt] assumes the federal government will never make another Social Security or Medicare payment? [These huge obligations are not included as ‘liabilities’ in the national debt.] Only government accounting could think that the government is never going to make another payment, not one. Not to me... not to you guys when you get older. If you actually accounted for those (big) government programs…credible estimates put the value of that debt [total federal liabilities] at $200 trillion."

Ricardo Salinas and Max Keiser Flying to El Salvador

Saturday, February 10, 2024

Post from Stephen L. Miller (@redsteeze)

Stephen L. Miller (@redsteeze) posted at 6:42 PM on Sat, Feb 10, 2024:
If the White House feels the characterization of Biden by the Special Counsel is unfair, then demand the transcripts of his deposition be released,

They haven't done that, and won't do it and there is a reason why. Because more likely than not, the Counsel's report was being…
(https://x.com/redsteeze/status/1756508956485185757?t=ZIR_gcoZb-MZyOPaVIP7cw&s=03

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THE PRESIDENT. If the United States refused to cash in dollars for gold, then everyone would go to the gold standard and the United States, which is the reserve currency of the whole free world – we would all be dependent upon the available supply of gold, which is quite limited.
Obviously, it isn’t enough to finance the great movements of trade today and it would be the most backward step that the United States has taken since the end of the Second World War. We have substantially improved our position this quarter, the second quarter over the first quarter. Our loss is down to almost a third of what it was in the first quarter. Our loss, based on the first and second quarter of this year, is about half of what it was last year, and about a third of what it was the year before. We hope that we can bring our balance of payments into balance by the end of next year.
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