Antonio Figueiredo

David Lynch, the writer/director known for his dark and surreal style seen in his films like Blue Velvet and Mulholland Drive and the TV series Twin Peaks has died at 78.

This clip is absolutely terrifying to me

@hasantoxr 𝕏

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Total US debt levels are expected to rise from 98% of GDP in 2023 to 118% of GDP in 2033. By 2053, Debt-to-GDP in the US is expected to hit an alarming 195%. Hopefully today's downgrade of the US credit rating brings some more attention to this topic. This is unsustainable.

BREAKING: Treasury Secretary Yellen calls Fitch downgrade of US credit rating "arbitrary" and "outdated." Yellen "strongly disagrees" with Fitch's decision. It only took a regional bank crisis and a near US default for rating agencies to realize. The US debt situation is unsustainable.

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It’s clear that all the “bids” for First Republic Bank were never really real. First Republic tried to sell itself for weeks, no one offered. The FDIC said a deal would be reached on Sunday, it wasn’t. Multiple “bidders” were said to be in the process, but the FDIC had to seize First Republic. Finally, the FDIC agreed to cover $13 billion in losses and loan JP Morgan $50 billion to buy it. This wasn’t an auction, the FDIC had to break rules and compensate JP Morgan to “save” the system.

FED: “The U.S banking system is fine” U.S Banking System: “Biggest monthly loss in deposits in history”

US Banks lost nearly $400 Billion in deposits in March.❌ Biggest monthly loss in deposits in US History. This data shows the gravity of the Banking Crisis. And why the Govt acted so quick to bail out depositors. Trouble is - I'm not sure they fixed the real problem.

The downfall of $CS

In an AI dominated world, we WILL NOT SURVIVE without blockchain technology & web3. Here's what you need to know:

Current financial system explained

The Fed just raised interest rates to a 16-year high, the 9th increase in ~1 year Jerome Powell says more rate increases "may be appropriate" The FOMC doesn't see any rate cuts this year I've worked 15 years in finance so let me explain what this means & 5 ways it affects you:

In the final 30 minutes of today's market session, stocks fell nearly 2%. This came as the Fed raised rates while Yellen said a full US bank backstop is unlikely. Over $800 billion in market value was erased in a matter of minutes. Confidence in markets and the system is gone.

History of bank failures from 1970 to present in nominal terms

The 2023 Golden Cross on the S&P500 is failing It mirrors the start of history's most notorious bear markets A thread 🧵

This is worse than covid, similar to GFC. Protect yourself. #Bitcoin

Current situation: 1. Tech stocks up like we avoided a recession 2. Oil prices down like we are in a recession 3. Regional banks down like the banking system collapsed 4. Big banks up like the banking system is fine 5. Bonds up like the system is collapsing Nothing adds up.

BREAKING! Money printing is back baby! 300 billion was added last week by the FED!