John Bull
2.6K posts
John Bull
@IndependentRT
Independent Macro Investor / Trader
London, United Kingdom Se uniรณ Haziran 2022
223 Siguiendo262 Seguidores
@ScaryEurope If David Lammy really doesnโt believe that only women can get pregnant & give birth (he once said that men could grow a womb) how did he access top Universities & graduate in Law? How?
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๐จ๐บ๐ธDavid Lammy, a British Labour Party politician, has recently criticized author J.K. Rowling over her comments about the ability of only women to get pregnant and give birth. Lammy strongly disagreed with Rowling's statement, asserting that her views were ""completely wrong"" and failing to acknowledge the complexities of gender identity and reproductive rights.
Rowling's comments, which sparked widespread backlash, were seen by many as dismissive of the experiences and rights of transgender individuals. Lammy's response highlighted the importance of inclusivity and understanding when it comes to discussions about gender, particularly in the context of reproductive health.
The debate has ignited a broader conversation about the intersection of gender, identity, and reproductive rights. Lammyโs outspoken stance is a call for greater awareness and respect for all individuals, regardless of gender identity, and the need for more inclusive dialogue on these sensitive issues.
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The greatest con job in human historyโhow commercial banks manufacture money from absolutely nothing and call it lending.
When you deposit $1,000 cash at JPMorgan, the bank doesn't lock your money in a vault. They keep maybe $100 (a 10% reserve requirement) and immediately lend out $900 to someone else. But here's where the fraud begins: they don't delete your $1,000 balance. Your account still shows $1,000 while they hand $900 cash to a borrower. The money supply just expanded to $1,900 from your original $1,000 deposit.
And the scam multiplies. That borrower deposits the $900 at Wells Fargo, which keeps $90 and lends out $810. The depositor's account shows $900, the new borrower gets $810 cashโnow we have $2,710 in circulation from your original $1,000. This fractional reserve process continues until the banking system transforms your single deposit into roughly $10,000 of circulating money.
Banks collect interest on money they created from thin air while paying you 0.5% on your "deposit." They profit from lending money they never had, backed by deposits they've already lent out multiple times over. The Federal Reserve enables this pyramid scheme by acting as lender of last resort when depositors actually want their money back.
Every dollar in your checking account represents a claim on the same underlying reserves as nine other dollars. When you swipe your debit card, you're spending digital entries backed by a fraction of real moneyโand the banks are collecting interest on the difference.
This example is taken from Murray Rothbard's "The Mystery of Banking".
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@JohnCleese I donโt care if other religions are being explored. The UK is a Christian country. It has been a mistake to show Islam any tolerance. Tolerance without reciprocation makes you a victim.
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This is wrong and should not be happening, unless all the other religions are being explored in the same way
Sedd ๐ฌ๐ง@SeddSezz
๐จChurch of England primary school pupils โCOERCEDโ into Islamic prayers A Christian father complained that his 7-year-old daughter and classmates, NONE of whom were Muslim, were told to kneel, bow their heads and enact the full physical movements of Muslim prayer. Weโre talking about 7-year olds here... But no Christian of ANY age should ever be forced to pray in this way against their will. THIS IS ABSOLUTELY WARPED AND INFURIATING. Necessary action must be taken and any other such instances OUTLAWED!
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@INArteCarloDoss Rutte runs NATO, which is no way reports to the EU?
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Rutte needs to go as he is directly contradicting EU key decision makers, way overstepping his mandate
Al Jazeera Breaking News@AJENews
Germanyโs defence minister says the Iran war is a โcatastrophe for the world's economiesโ. Boris Pistorius also called for a ceasefire and insisted Germany wonโt be โsucked intoโ the conflict.
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@PeterLBrandt Did smaller DD over time come with smaller returns (i.e did you just take less risk) or was that due to genuinely better risk management as you maintained returns?
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George, in my formative years (1975 - 1979) I had near 100% DD that wiped out accounts. From 1979 through 2008 I had multiple 30%-plus DDs with an occasional 50% DD (daily MTM). I got really tough on losses starting in 2014 and have routine 5-10% DDs (MTM weekly) but nothing more.
George Coyle@gfc4
Has anyone ever gotten really wealthy trading their own account without experiencing some brutal drawdowns?
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@OliLondonTV Why is it that itโs always Islam that people pick on? Sure theyโve murdered thousands of people in terrorist attacks. Yes, they have raped and abused thousands of young girl across the UK. But apart from that โฆ.
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London Mayor Sadiq Khan says Muslims are โscaredโ after being criticized for taking part in mass prayer in Trafalgar Square.
โIโm heartbroken. Iโm sad. Iโm angry. I can understand why many British Muslims are scaredโฆโ
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@JohnCleese @GadSaad is being sarcastic. You probably need to look at his comments in a broader context
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Does this silly little man not understand that Islam is a very aggressive belief system, threatening death to anyone who does not convert to Islam
The Buddhists, the Taoists, the Scottish Presbyterians,
the Hindus and the Sikhs and the Confucians and the
Catholics don't go around shouting about beheading
people they disagree with
Is this too much for your tiny little brain to take in ?
Oh. The doorbell rang. The police I assume...
Gad Saad@GadSaad
Indeed. Whenever Jews are attacked (typically by Muslims), it is important to redouble our efforts to fight against Islamophobia.
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The Fed has managed to destroy 99% of the dollar's purchasing power since 1913. What cost a dollar in 1913 now costs you over $30 โ that's your "stable" monetary policy at work.
Every Fed chair since Volcker has fed you the same line about "managing inflation expectations" while they systematically debased your savings. Powell prints trillions (calls it "quantitative easing" because it sounds scientific) then acts surprised when asset bubbles form and regular people can't afford groceries.
The Austrians saw this coming a century ago. Mises wrote about the crack-up boom, Hayek explained how central planning destroys price signals โ but hell, why listen to dead economists when you can trust the same institution that missed 2008, promised inflation was "transitory," and thinks 2% annual theft of your purchasing power counts as success.
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@Keir_Starmer When you allow antisemitism to go unpunished and actually protect those who are most guilty of it, donโt start saying how sorry you are when these things happen.
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This is a deeply shockingย antisemitic arson attack.ย
My thoughts are with the Jewish community who are waking up this morning to this horrific news.ย
Antisemitism has no place in our society.ย
Anyone with any information must come forward to the police.
Barnet MPS | North West BCU@MPSBarnet
We are investigating an antisemitic arson attack on Jewish ambulances in Golders Green. We know this will cause significant concern in the local community and are stepping up patrols and engaging with faith leaders. Read more here: mynewsdesk.com/uk/metpoliceukโฆ
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@IndependentRT @RupertLowe10 @Inevitablewest and at that point, our vote will be well and truly split. Ironically it could well then be Restore that ends up finishing this country off for good handing it on a plate to the opposition. I'm very worried.
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Everyone needs to askโฆ
Why hasnโt Keir Starmer proscribed the IRGC as a terrorist group ??!!!
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@INArteCarloDoss Being baseless legally isnโt obvious. A total lack of willingness to upset Muslim voters is clear.
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Desperation stage. No one is joining a war that is both baseless legally and has negative support among voters
BRICS News@BRICSinfo
JUST IN: ๐ฎ๐ฑ๐ฎ๐ท Israel's Prime Minister Netanyahu says Iran proving it can strike Europe with missiles means it's time for all allies to fully join the war.
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@EffMktHype Itโs true that the British did forcibly remove the population. But before they did that they also killed their pet dogs to show they meant business.
Now we pay to give them away.
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Diego Garcia? The island where the Brits forcibly removed the local population with their military?
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@btharris93 In the most recent ent tax year (24/25) the UK government collected ยฃ309m in income tax. It paid out ยฃ313m in welfare payments. But you think pensioners who paid NI contributions for their whole working lives are the problem.
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Itโs depressing how easily many of the UKโs fiscal problems could be solved (by scrapping the triple lock and liberalising planning) but we simply choose not to because the pensioners would get mad.
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@TechCharts Why not the same for both? This seems like overfitting
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I am using 365 days (52 week) average for cryptocurrencies as a trend filter.
With equities that is 200 day (40 week) average.
Aksel Kibar, CMT@TechCharts
The lower boundary of the possible rising wedge is at 66K. $BTCUSD
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@Jenny_1884 The May elections are protecting him. Once he has taken the blame for the expected Labour catastrophe he will be finished.
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Whoโs protecting Keir Starmer because if this was anyone else they would have been sacked long ago with what heโs done to this country.
Whoโs protecting Keir Starmer ๐ค
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