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๐Ÿ”ฅ Adrian Day Warns of โ€˜Inevitableโ€™ US Recession, Describes it as a โ€˜Freight Train Heading Towards Us'

In a recent interview, Adrian Day, CEO of Adrian Day Asset Management, shared his insights, positing a looming economic downturn in the U.S. Day critically analyzed the Federal Reserveโ€™s actions, explaining their expected impacts on the nationโ€™s economy.

โ€œA recession is inevitable in my view,โ€ Day said. โ€œItโ€™s all but inevitable, itโ€™s built-in and a lot of people think, well you know the Fedโ€™s done all is dramatic hiking and we havenโ€™t had a recession yet, therefore weโ€™ve escaped it โ€” I think theyโ€™re living in fantasy land.

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๐Ÿ”ฅ Octoberโ€™s Inflation: Shelter Prices Up, Gasoline Plummets โ€” Mixed Market Reactions Follow

On Tuesday, the U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers (CPI-U) remained unchanged in October, following a 0.4% increase in September. Over the past year, the all-items index rose 3.2% before seasonal adjustment, marking a notable trend in consumer pricing.

โ€œDespite the deceleration, the Fed will likely continue to speak hawkishly and will keep warning investors not to be complacent about the Fedโ€™s resolve to get inflation down to the long-run 2% target.โ€

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๐Ÿ”ฅ Fiat Money Isn't Safe, Investors Must Protect Themselves From Central Bankers

Rich Dad Poor Dad author Robert Kiyosaki has cautioned that fiat money is not safe, emphasizing that central banks are buying gold to save themselves. He urged investors to safeguard themselves against central bankers and reiterated his advice to invest in gold, silver, and bitcoin.

Central banks like Fed are buying gold. Does this mean fiat money is safe? Hell no!

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๐Ÿ”ฅ APEC Meeting: Yellen Acknowledges Digital Assets' Potential, Announces Regulation Advancements

U.S. Treasury Secretary Janet Yellen has acknowledged the advantages that the adoption of digital assets might bring to several key economic activities. After the Asia Pacific Economic Cooperation (APEC) finance ministersโ€™ meeting, Yellen stated that while digital assets do pose risks, they have the potential to increase financial inclusion.

Yellen stated: We see increasing adoption of digital asset technologies across the region and note their potential to increase financial inclusion and reduce the cost of cross-border transactions.

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๐Ÿ”ฅ IMF Chief Says Central Bank Digital Currencies Can Replace Cash โ€” Urges Public Sector to Prepare for CBDC Deployment

International Monetary Fund (IMF) Managing Director Kristalina Georgieva says central bank digital currencies (CBDCs) can replace cash. She has urged the public sector to โ€œkeep preparing to deploy CBDCs and related payment platforms,โ€ emphasizing that these platforms โ€œshould be designed from the start to facilitate cross-border payments, including with CBDCs.โ€

The IMF chief detailed: CBDCs can replace cash which is costly to distribute in island economies. They can offer resilience in more advanced economies. And they can improve financial inclusion where few hold bank accounts.

The public sector should keep preparing to deploy CBDCs and related payment platforms in the future โ€ฆ These platforms should be designed from the start to facilitate cross-border payments, including with CBDCs.

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๐Ÿ”ฅ SEC Chair Gensler Slammed for Stating SEC Doesn't Prosecute Honest Business

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler was slammed by the crypto community for stating: โ€œWe are not prosecutors of honest business, nor defenders of crookedness.โ€ Many crypto advocates pushed back against Gensler, arguing that the SEC under his leadership has taken legal action against honest businesses, like Ripple or LBRY, while protecting crooks like former FTX CEO Sam Bankman-Fried (SBF).

The gall of the man to use this quote after the SEC on his watch sued a small honest company LBRY that was not accused of any fraud or dishonesty, threatened to bankrupt it and achieved that outcome. Gensler has no moral compass just a political agenda.

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๐Ÿ”ฅ Libertarian and Free Market Proponent Javier Milei Wins Argentine Presidency

Argentina has welcomed Javier Milei as its newly elected president, with the libertarian candidate achieving a majority in the popular vote, surpassing his opponent Sergio Massa. Milei, who identifies as an anarcho-capitalist and a WEF Young Global Leader, has expressed his intention to dismantle the political โ€œcasteโ€ which he accuses of failing the nation, boldly asserting earlier this year that the state โ€œdestroys wealth.โ€

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๐Ÿ”ฅ Analysts Fear European Digital Identity Wallet Implementation Might Lead to Mass Surveillance

A group of analysts and companies have raised their voices against the risks that the upcoming European Digital Identity Wallet implementation might bring to Europeansโ€™ privacy. Article 45 of a leaked Eidas document (Electronic Identification, Authentication, and Trust Services) indicates that web browsers distributed in Europe will have to accept certificates and cryptographic keys selected by the European Union (EU), opening the doors to online surveillance.

The current proposal radically expands the ability of governments to surveil both their own citizens and residents across the EU by providing them with the technical means to intercept encrypted web traffic, as well as undermining the existing oversight mechanisms relied on by European citizens.

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๐Ÿ”ฅ Centralized Provider Problem Causes Nationwide Digital Payment Meltdown in Spain: Users Turn to Crypto and Cash

A problem with Redsys, a third-party platform used in all of Spain, caused a meltdown for almost all of the digital payment options in the country, leaving citizens without means of payment for hours. The incident left stores without the possibility of using credit and debit cards for receiving payments, and users had to turn to cash and other options like crypto.

The national Redsys network has gone down while I was in line to eat at IKEA without having any cash, I was able to buy a gift card with Bitrefill and Phoenix Wallet. I can eat now.

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๐Ÿ”ฅ Today November 22, 1963, at 12:30 p.m. CST in Dallas, The Day The Earth Stood Still.

We Will Never Forget ๐Ÿ™ ๐Ÿค ๐Ÿ‡บ๐Ÿ‡ธ

Shortly after noon on November 22, 1963, President John F. Kennedy was assassinated as he rode in a motorcade through Dealey Plaza in downtown Dallas, Texas.

Rest In Peace Mr. President John F. Kennedy. โœ๏ธ

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๐Ÿ”ฅ Former NYSE President: Money Will Flood Into Crypto Industry With Spot Bitcoin ETFs

Former NYSE President Tom Farley expects money to โ€œfloodโ€ into the crypto industry when the U.S. Securities and Exchange Commission (SEC) approves spot bitcoin exchange-traded funds (ETFs). โ€œItโ€™s just easier to buy. People believe in bitcoin,โ€ he emphasized, adding that the cryptocurrency โ€œis a great invention.โ€

The winning exchanges are going to be trusted, compliant, and support and bolster the digital asset industry.

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๐Ÿ”ฅ Eurasian Economic Union Minister: CBDCs Will Pave the Way for the Launch of a Digital Reserve Currency

Sergei Glazyev, minister of integration and macroeconomics of the Eurasian Economic Union (EEU), has noted the advancements the adoption of central bank digital currencies (CBDCs) could ostensibly bring to the trading dynamics of the region. According to Glazyev, the launch of several digital currencies will allow countries to settle trades outside of the U.S. dollar as early as next year, leading to the rise of a new reserve currency.

Blockchain-based payment method is much easier than going through banks. There are no endless restrictions and regulatory fears of sanctions. Digital currencies allow trading operations to bypass banks.

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๐Ÿ”ฅ European Banking Authority Launches New Consultation on Crypto Travel Rule

The European Banking Authority (EBA) has recently launched a new consultation process concerning implementing the so-called travel rule for cryptocurrency transactions. The institution is seeking feedback on the defined procedures that crypto assets service providers (CASPs) must complete to collect the needed information to comply with the travel rule, and the actions they must take when getting this information is not possible.

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๐Ÿ”ฅ US Dollar Weaponization Has Powered Record Central Bank Gold Purchases

Steve Hanke, professor of applied economics at Johns Hopkins University, has discussed how U.S. policies have driven central bank gold purchases to record levels this year. In an interview, Hanke stated that these purchases were motivated by the weaponization of fiat currencies like the dollar, which has driven countries in โ€œde-dollarization modeโ€ to take refuge in gold.

You never exactly know what these central banks are going to do, but the trend right now is a lot of central bank buying, and the reason behind this is that there is a lot of uncertainty, everything has become more politicized in the realm of fiat money.

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๐Ÿ”ฅ US Dollar Near 'Historic Crash' โ€” 'Forget Soft Landing, It's Crash and Burn'

Economist Peter Schiff has warned that the U.S. dollar is โ€œon the verge of a historic crash.โ€ He stressed that there wonโ€™t be a soft landing for the U.S. economy, predicting a โ€œcrash & burnโ€ scenario. Schiff highlighted the potential for increased inflation, rising interest rates, and elevated unemployment. โ€œThe economy is weaker than the Fed thinks and the result will be larger budget deficits and higher inflation,โ€ he noted.

The U.S. dollar is on the verge of a historic crash. This will be a game changer for the Fed and the economy, as it will send inflation, interest rates, and unemployment soaring. Forget about a soft-landing. Itโ€™s crash & burn.

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๐Ÿ”ฅ Trump, Kennedy Jr, and Ramaswamy Invited to First Crypto Presidential Forum

Donald Trump, Robert F. Kennedy Jr., and Vivek Ramaswamy have been invited to be part of the First Crypto Presidential Forum, an initiative designed to clarify the cryptocurrency policies of each U.S. presidential candidate. The event, organized by Stand with Crypto, will be held in New Hampshire on December 11.

At the time of today, only Hutchinson, Ramaswamy, and Phillips have confirmed their presence at the event, while Trump, Kennedy Jr., and others havenโ€™t yet announced if they will assist.

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๐Ÿ”ฅ Warnings of Giant Market Collapse, War, 'Really Hard Times Ahead' for Millions

Robert Kiyosaki has issued more warnings about the U.S. economy, including a giant market collapse, a possible next Great Depression, and another war. The famous author emphasized that millions of people will face โ€œreally hard times ahead.โ€ He urged them to be prepared, reiterating his recommendation of gold, silver, and bitcoin.

We have noted that individuals with the right mindset and adequate preparation will find the next Great Depression to be โ€œthe best time of their lives.โ€ We advise: โ€œPlease prepare. Please take care. Buy gold, silver, or even bitcoin.โ€

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๐Ÿ”ฅ This Next Crash May Turn Into a Depression

Robert Kiyosaki has warned that a soft landing for the U.S. economy is a fantasy, emphasizing that a crash landing is more likely. Noting that he already warned of this giant crash in his Rich Dadโ€™s Prophecy book, the famous author stressed: โ€œThis next crash may turn into a serious depression.โ€

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๐Ÿ”ฅ Global Tax Chiefs Can Only Enforcement Success Is Its 'Failed' Action Against His Bank

Economist Peter Schiff says the only enforcement success of the Joint Chiefs of Global Tax Enforcement (J5) is its โ€œfailedโ€ action against his bank, allegedly aimed to โ€œput a stop to the suspected facilitation of offshore tax evasion.โ€ Schiff stressed: โ€œOther than the failed investigation of my bank, which did not result in any charges being filed against anyone, the J5 has not had a single enforcement success in its 5-year plus history of existence.โ€

The only J5 enforcement success the IRS brags about on its website is the coordinated global day of action in Jan. of 2020 against my bank โ€˜to put a stop to the suspected facilitation of offshore tax evasion.โ€™

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