Jeffrey Epstein last interview from his home (from the Epstein files)
In a conversation with Steve Bannon, Epstein discusses the financial literacy of world leaders.
"Most political leaders don't come out of a background of finance. Most political leaders come out of a background of being popular."
He notes that depending on the country, leaders might have been a military general, a disc jockey, or an actor.
Their financial knowledge, if any, comes from "their own checking account or bank account and filling in their own taxes."
"So many world leaders who don't really have a financial underpinning make fundamental errors when it comes to money on a country or institutional level."
He then walks through an example about how banks work.
If your assets increased, you'd feel wealthier.
If your debt increased, you'd feel poorer. That's how most people think. But banks operate differently.
"You doubled your assets. Sounds good. But what does it really mean? It means people owe you more money. You don't have any money."
"A bank's assets are how much it is owed by other people."
So when a bank goes from $2 billion in assets to $10 billion, it means people owe it an additional $8 billion, not that the bank has more cash on hand.
@AfricanHub_ That’s the Mercatorprojection of the world map which is not at scale but used for sea transport in the past. The Gall-Peters-Projection and Winkel-Tripel-Projection is a more realistic scale. The question is why are more realistic scales not the standard today.
@XboxWire@XboxP3 Make a deal with Nintendo to allow Xcloud streaming from Switch where all native games supported by Switch are disabled for Xcloud streaming to Switch!
Later this year the Xbox app will come to LG Smart TVs, meaning Game Pass Ultimate players will be able to stream their games via Xbox Cloud Gaming: news.xbox.com/en-us/2025/01/…
@thedarshakrana Your conclusions assume human biological rhythm is absolute while it could be relative to it’s environment as well. In case of the latter your conclusions don’t hold for sure.
SHOCKING 🚨 :
In 1972, A French scientist Michel Siffre volunteered to lose his mind.
He spent 180 days alone in a cave 440 feet underground with:
- No clock.
- No sun.
- No human contact.
What he discovered haunts scientists to this day:
@geertwilderspvv@telegraaf Haha 150 miljoen om Marechaussee personeel in te zetten voor grenscontroles. Waar is die zelfde Marechaussee dan druk mee als ze geen grens posten bewaken?