Miscellaneous News

FriedButter

FriedButter

Colonel
Registered Member

Trump’s Treasury pick Bessent​

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‘No reason’ for U.S. to have central bank digital currency, Bessent says​

Bessent indicated that he did not think the Treasury should continue to examine the potential creation of a central bank digital currency.

“I see no reason for the U.S. to have a central bank digital currency. In my mind, a central bank digital currency is for countries who have no other investment alternatives,” Bessent said.

A digital currency makes more sense for countries that tend to hold other foreign currencies, such as the Chinese yuan, he said.

“If you hold U.S. dollars, you can hold a variety of very secure U.S. assets,” Bessent said.

A 2022 executive order from President Joe Biden called for the government to research a digital dollar.
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Digital Dollar is put on ice for the next 4 years.

Bessent says heavier sanctions on the way for Russia​

Russia, and particularly oil companies, can look forward to tougher sanctions under the Trump administration.

“If any officials in the Russian Federation are watching this confirmation hearing, they should know that if I’m confirmed, and if President Trump requests as part of his strategy to end the Ukraine war, that I will be 100% on board from taking sanctions up, especially on the Russian oil majors to levels that would bring the Russian Federation to the table,” Bessent said.
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And as predicted. They are going to attempt to strong arm Russia again, which is basically an unconditional surrender.
 
GOODTREE

GOODTREE

Junior Member
Registered Member
BREAKING: Evacuation orders have been issued after a lithium battery plant caught fire releasing hazardous toxins into the air
Currently, numerous emergency crews are on the scene of a massive fire broke out at the Moss Landing Power Plant's lithium battery storage facility in California. Evacuation orders have been issued, and residents in the vicinity are advised to shelter in place immediately due to hazardous toxins being released into the air. Authorities are urging people to follow these safety measures Seal all doors and windows: Use tape or damp towels to cover gaps and prevent smoke ingress. Turn off ventilation systems: Disable fans, heaters, and air conditioners to avoid drawing in outside air. This incident marks at least the fourth occurrence of battery-related emergencies at the Moss Landing facility this is still developing.

https://twitter.com/i/web/status/1880115898276597875
 
tygyg1111

tygyg1111

Captain
Registered Member
tygyg1111

tygyg1111

Captain
Registered Member
GOODTREE said:
BREAKING: Evacuation orders have been issued after a lithium battery plant caught fire releasing hazardous toxins into the air
Currently, numerous emergency crews are on the scene of a massive fire broke out at the Moss Landing Power Plant's lithium battery storage facility in California. Evacuation orders have been issued, and residents in the vicinity are advised to shelter in place immediately due to hazardous toxins being released into the air. Authorities are urging people to follow these safety measures Seal all doors and windows: Use tape or damp towels to cover gaps and prevent smoke ingress. Turn off ventilation systems: Disable fans, heaters, and air conditioners to avoid drawing in outside air. This incident marks at least the fourth occurrence of battery-related emergencies at the Moss Landing facility this is still developing.

https://twitter.com/i/web/status/1880115898276597875
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This is what happens when 91 IQ's try to copy 105 IQ battery tech
 
tygyg1111

tygyg1111

Captain
Registered Member
Chevalier said:
https://twitter.com/i/web/status/1879888996232569045

“Do, you hear the people sing? Singing the song of angry men….”
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I can imagine, after XHS and all other windows into Chinese everyday life get banned in the US, that a new breed of China explainers arise, and begin spreading the word that every Chinese is financially free, you can own anything you want (without the IRS cracking down on you for unlawful ownership like in the US), where the ultimate achievement is emigrating to the financially free China, where the air smells sweeter, and the every person, regardless of age, sex or race, can vote freely with their wallet
 
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