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Catherine, I’ve always thought of Soros as Mr. Global’s Captain Renault, ie they are letting him win at the gambling table with inside info. Like the silly con valley “entrepreneurs,” it’s not his money.
Loved your comment about Musk. Wonderfully succinct.
Re: Book Losses of Swiss National Bank
Until they raised interest rates for the first time in June 2022 they had a policy of keeping exchange rates low by throwing the currency into the markets (that is acquiring huge positions of stocks, foreign currencies, bonds and what not).
With the raise of the interest rates they announced they will let go from this monetary easing policy in favor of maintaining price stability (that is low inflation) in Switzerland.
EUR dropped below CHF readily and the annual inflation rate is dropping for the last two months from its eight year height of 3.5 % (Eurozone at 10+% and raising).
Pricey CHF means low import costs for Swiss consumption, production and business. Besides of some foods, energy and water pretty much all resources have to be imported into Switzerland.
The central bank has no problem with book losses. It is not an economic entity in the same sense as a business that can go bankrupt. It is a social and political institution – it goes “bankrupt” when it fails to fulfill its obligation towards the well-being of the population it serves.
Catherine, your information about Lockheed Martin (LMT) was an eye opener, I was expecting it. I can see the control grid formation in formation. The biggest impact was that in October 2022, “LMT overall hiring decreased” by almost 16% (huge) compare to September, and the average “share” increased by 1.39% over the past three months. https://www.army-technology.com/jobs-data/lockheed-martins-it-hiring-activity-declines-12-5-in-october-2022/
More monies goes to the few on the top impacting general workforce development of wealth. In reality, to do good work you do not need quantity but quality, which is what we see with their share moving up.
Another great M&M as always. Thank you so much for that. I just read news that the US are outsourcing production of artillery shells to South Korea to have them shipped to Ukraine later on. So, maybe rumors are true that NATO/US inventories are running dry? Then, why can’t they produce the shells in US/EU countries? Maybe a question of available resources?
It’s rolling out as forecast, and with the consistent strategy of giving a worthless alternative as the noose tightens:
“Fabio Panetta, an Executive Board Member of the European Central Bank (ECB), has proposed that users of the digital euro should only be allowed to spend €50 per transaction and have a maximum monthly spending limit of just €1,000 if they want to avoid having their transaction data recorded by the ECB.”
https://reclaimthenet.org/digital-euro-spending-saving-limits/
Catherine the data on Lincoln life insurance ties into what Ed Dowd and a x Blackrock investorsl and other investors have been looking at. They started the Humanity project go to phinancetechnologies.com where you will see the data explaining the same but more detailed.
James Stivaly
Jamesslmt@gmail.com
Hydrexsupplements.com
Thanks.
Children should not answer questions regardless of attorney status.
I agree. In 2012, my then 11th grade son, told me about a survey they’d been given. I had no advance warning or opportunity to object. He was wary about privacy and led his classmates into making a joke of it. Do you have sex, how many partners? “Thousands!” Do you drink alcohol? How often? “Hourly” I’d have much preferred they hadn’t answered at all but had to chuckle over their determination to make the survey results garbage. Still, parents need to get ahead of this and stop it because children won’t have the experience to stand up to adults, especially 6th graders. And, as you can see, this has been going on at least since 2012, maybe longer
What a marvelous response by your sone and his friends. I agree better to not respond, but still a great way to handle.