David McClure

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David McClure

David McClure

@david_mcclure

5am Club. ☦️ Generalist/Macroaddict. 🌏Libertarian. BTC&Gold. CommDesBiz. 🇨🇭is heaven but 🇮🇹 is affordable. #ASRoma

Katılım Ekim 2007
1.5K Takip Edilen441 Takipçiler
Richard
Richard@ricwe123·
That particular moment in December 2013, when Victoria Nuland was openly boasting about the fact that the US had poured $5 billion into Ukraine, since 1991, to force its pro-Western agenda onto the country. This shows that long before the 2014 Maidan uprising, Washington was already engineering the coup to overthrow President Yanukovych and install a regime more compliant with US interests.
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David McClure
David McClure@david_mcclure·
@orrdavid @leevalueroach FIX healthcare costs... and changes of THAT happening are obviously zero. / Or If you have insight, please explain how
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David Orr
David Orr@orrdavid·
@leevalueroach The USA has an incredible lever to fix the deficit: Fix healthcare costs. That alone balances the budget. The USA is the strongest large economy with strong growth. At least compared to most other countries, the USA - despite all its flaws - seems best positioned.
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Lee Roach
Lee Roach@leevalueroach·
The mechanism by which the United States government finances itself in 2026 is, when you actually trace the flow of money, an accounting magic trick so brazen that it should, in any honest country, be a national scandal, and the only reason it is not is that 99% of the population has never been taught how it works, and the 1% who have been taught have been carefully trained to use language that obscures rather than reveals what is actually happening. The trick goes like this. Congress authorizes spending it does not have. The Treasury issues bonds to fund the spending. The primary dealer banks, who are required by their charter to buy these bonds at auction, take them onto their balance sheets. The Federal Reserve, which is a private banking cartel wearing a government uniform, then buys those same bonds from the primary dealers in the secondary market, paying for them with dollars that did not exist before the Fed pressed a button to create them. The Fed now holds the bonds. The Treasury pays interest on the bonds to the Fed. The Fed, at the end of the year, remits its "profits," which is to say, the interest it just collected from the Treasury, back to the Treasury. The loop closes. The government has, in a precise structural sense, just spent money by printing it, while every official statement, every press release, every PhD economist on cable television insists that this is not what is happening, that the Fed is independent, that the dollar is sound, and that anyone questioning the arrangement is a crank, a conspiracy theorist, or a goldbug. Every single currency that has ever run this trick at scale, across the entire 4,000 year recorded history of monetary debasement, has eventually been destroyed by it. Weimar Germany ran the trick and produced a wheelbarrow currency in 1923. Argentina has run the trick four separate times and produced four separate currency collapses. Zimbabwe ran the trick and produced trillion-dollar notes that became wallpaper. Venezuela ran the trick and produced the largest peacetime collapse of a middle-class society in modern history. Turkey is running the trick right now, in real time, in front of the entire world, and the lira has lost 85% of its value against the dollar in five years while the official rhetoric continues to insist that everything is fine. The United States is not exempt from monetary physics. The United States has run the trick longer and more successfully than any country before it, only because the dollar has a unique structural advantage as the global reserve currency, an advantage that is, in 2026, eroding faster than at any point since 1971. The gold price is telling you what the economists will not. Gold has gone from $1,200 in 2015 to north of $4,000 in 2026, and the people who tell you this is irrelevant are the same people who told you, in every previous monetary regime change in history, that the price action in gold was an artifact, a speculation, a temporary distortion, and they have been wrong every single time, in every single country, in every single decade since the discipline of monetary economics was invented. Gold is not an asset class. Gold is a referendum on the currency, and the currency is, by every honest measure, in the late stages of a multi-decade debasement that the official statistics have been carefully designed to obscure. You do not need to predict the timing of the breakdown. You need to recognize that the loop, as currently constructed, cannot continue indefinitely, and that the people who position themselves on the right side of the eventual repricing, in real assets, in productive businesses, in commodities, in fixed-rate long-duration debt against hard collateral, and in the one monetary metal that has functioned as money continuously for 5,000 years, will be the ones who exit the regime change with their wealth intact, while the people who continued to hold the currency, the bonds denominated in the currency, and the cash savings calibrated to a 2% inflation target that exists only in government press releases, will be, in due time, the ones explaining to their grandchildren what it was like to live through the slow-motion default of the world's reserve currency. The math is the math. The history is the history. The trick has never worked forever. It will not work forever this time. The only question that matters is which side of the trade you are on when the loop finally breaks, and the answer to that question is being decided, right now, by the asset allocation choices you are making, or refusing to make, in the years that remain before the rest of the world figures out what a tiny minority of people, holding gold and real assets in 2026, already understand.
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Chay Bowes
Chay Bowes@BowesChay·
3 minutes through Moscow tonight.
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GATEWAY XCHANGE
GATEWAY XCHANGE@Gatewayxchange_·
@MarioNawfal Despite his strong anti-China rhetoric and Trump alignment, Argentina’s government greenlit a major expansion of one of the world’s largest lithium deposits involving China’s Ganfeng (50% stake). Pragmatism on critical resources prevails.
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Mario Nawfal
Mario Nawfal@MarioNawfal·
🇦🇷🇨🇳 Javier Milei just approved a $1.24 billion Chinese lithium deal. That is not a sentence anyone expected to write. Milei has spent his presidency loudly aligning with Trump and positioning Argentina against Chinese influence. But today his government cleared a joint venture led by China's Ganfeng Lithium Group to expand a lithium mine in Jujuy province, one of the largest lithium deposits in the world. The deal includes Lithium Argentina AG and state-owned JEMSE as partners. Ganfeng holds half the venture. For a government that has made anti-China alignment a cornerstone of its foreign policy, today's approval is a notable exception. Source: Bloomberg
Mario Nawfal tweet mediaMario Nawfal tweet media
Mario Nawfal@MarioNawfal

🇦🇷🇺🇸 Milei bypassed Congress to allow a U.S. supercarrier into Argentine waters. USS Nimitz entered the Exclusive Economic Zone under an emergency decree for Southern Seas 2026 (Apr 26–30). The Falklands question just got a lot more complicated.

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David McClure
David McClure@david_mcclure·
@MarioNawfal ARG should keep a toe in BRICS waters. Big mistake for them to tie themselves to US dollar schemes and problems. Forgiveable error from Millei, due to his strong libertarian thinking, however, the fiscally-responsible USA of his imagination hasn't existed since divorce from gold
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The Sigma Mindset
The Sigma Mindset@thesigmamindset·
Bruce Lee re-wired my brain with this...
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Mario ZNA
Mario ZNA@MarioBojic·
🚨🇷🇺You’ve got to see this - an Orthodox Christian prayer won a Russian talent show. "Lord Jesus Christ, Son of God, have mercy on us sinners" Just listen to them and you will fill him, you will feel God! Christ is King!
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Andrew Panella
Andrew Panella@Longevity_EDU·
Nattokinase is the most underrated heart supplement on the planet. A new study of 1,062 people just showed it shrank arterial plaque by 36% in one year. It lowers blood pressure, your risk of strokes and even protects your brain. Here's everything you need to know about it:🧵
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TBC
TBC@TBC_on_X·
We made an Oscar worthy allegorical period piece about oil production coming back to the US due to the war in Iran. You will not believe it but this was 100% Made With AI.
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David McClure
David McClure@david_mcclure·
@WallStreetMav New movies can--and should--be made with the far better actors and actresses from prior years. I'd really like to see something new from Faye Dunaway from the Condor-Chinatown-Network years.
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Wall Street Mav
Wall Street Mav@WallStreetMav·
Real actors and actresses are basically optional in the near future.
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RadioGenoa
RadioGenoa@RadioGenoa·
If the colors were reversed, they would have talked about racism.
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🏴‍☠️
🏴‍☠️@calvinfroedge·
The move in metals as explained by Neel Kashkari
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David McClure
David McClure@david_mcclure·
Fabulous AI mashup, but imagine what comes next with this frame layered onto a humanoid robot. / Firstly, it's alarming, then it's saddening. It's fascinating, guised as entertainment. But ultimately, AI this is going to be VERY disruptive to society as a whole. And there's no "business opportunity" that is worth that cost.
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PEDRÃO
PEDRÃO@Itspedrito·
finalmente usaram a IA pra fazer algo que preste
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David McClure
David McClure@david_mcclure·
@JamesMelville Firstly, it's alarming, then it's saddening. It's fascinating, guised as entertainment. But ultimately, AI this is going to be VERY disruptive to society as a whole. And there's no "business opportunity" that is worth that cost.
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James Melville 🚜
James Melville 🚜@JamesMelville·
AI is eventually going to eat us. In particular, the creative industries. With the click of a button, music artists (both dead and alive) are transported into a fake virtual reality mashup. I am uncomfortable about this. What do you think?
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David McClure
David McClure@david_mcclure·
@Schwarzenegger @Jabreu89 You’re a good man, Arnold. Much respect. But the CIA, the American deep state and NATO “started” this war many years ago with a long-term plan.
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Arnold Schwarzenegger
Arnold Schwarzenegger@Schwarzenegger·
I love the Russian people. That is why I have to tell you the truth. Please watch and share.
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Rock'n Roll of All
Rock'n Roll of All@rocknrollofall·
Can you name a better guitarist? I don't think so.
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Basil the Great
Basil the Great@BasilTheGreat·
I couldn't believe this at first But it's a real video of an imam in Aberdeen Mosque teaching children how to use their fingers to clean their backsides Why are we importing this culture? This is disgusting
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David McClure
David McClure@david_mcclure·
@karma44921039 Eric, c'mon. Don't be naive about the UKR war. The valve to turn it off is at the funding level--not on the battlefield
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karma
karma@karma44921039·
🚨 WATCH: Ex-Google CEO's BANNED Interview LEAKED: "You Have No Idea What's Coming" Ex-Google CEO Eric Schmidt recently made headlines with some controversial comments about AI during an interview conduced at Stanford University. This interview was taken down at his request
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Massimo
Massimo@Rainmaker1973·
«Government ministers pretending they do something»
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