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Click On Picture To See Larger PictureGermany's economy is falling apart. [CB] are purchasing gold, the most in 14 months. Oklahoma Senator says Bitcoin has gone mainstream. The Federal Reserve is now setting up the narrative that inflation will rise if Trump implements his policies. Right on schedule. The [DS] is now setting up the narrative for a [FF]. They are doing what ever they can to make the transition as difficult as possible. The [DS] is now planning to delay the confirmation hearing and they will use every trick in the book. The CA fires are to funnel money and destroy evidence and it's a narrative shift. The problem with everything [DS] is doing is that Trump has all the leverage, game over.

 

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Economy

Germany Faces Highest Number Of Bankruptcies Since Great Financial Crisis

Germany is bracing for a sharp rise in bankruptcies this year, with an anticipated 25–30 percent increase compared to 2024, reaching levels not seen since the 2009 financial crisis.

In 2024, 364 major companies with annual revenues exceeding €10 million filed for bankruptcy — a 30 percent increase over the previous year. This marks a stark contrast to 2020, the first year of the Covid-19 pandemic when 292 such companies went bankrupt.

The hardest-hit sectors include automotive suppliers, mechanical engineering, construction, and healthcare.

 

Automotive suppliers have been identified as the most at-risk sector for insolvency in 2025, with one in six major bankruptcies in 2024 stemming from this industry. The transition to electric vehicles, declining car production, and weaker demand in key markets like China have exposed cracks in the sector’s foundation.

 

The construction industry took a heavy hit last year, with bankruptcies rising by 53 percent. 

Source: zerohedge.com

https://twitter.com/KobeissiLetter/status/1877127164719423792

 Poland, Turkey, India, and China were the major buyers during this period. This trend continues to support gold prices which are up 28% since the beginning of 2024. Central banks can't get enough gold.

https://twitter.com/BitcoinMagazine/status/1877391549501264043

Federal Reserve Officials Sound Inflation Warning… Over Trump’s Policies  

Federal Reserve officials  sounded the alarm on inflation over Trump’s policies related to tariffs and immigration.

CNBC reported:

Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump’s policies could have, indicating that they would be moving more slowly on interest rate cuts because of the uncertainty, minutes released Wednesday showed.

Without calling out Trump by name, the meeting summary featured at least four mentions about the effect that changes in immigration and trade policy could have on the U.S. economy.

Since Trump’s November election victory, he has signaled plans for aggressive, punitive tariffs on China, Mexico and Canada as well as the other U.S. trading partners. In addition, he intends to pursue more deregulation and mass deportations.

However, the extent of what Trump’s actions will be and specifically how they will be directed creates a band of ambiguity about what is ahead, which Federal Open Market Committee members said would require caution.

https://twitter.com/YahooFinance/status/1854617758895325185?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1854617758895325185%7Ctwgr%5E8e409946574174b6243eee5ce85223e94ae2ecf5%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.

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Click On Picture To See Larger PictureTrump responds to Biden gas stove green new scam move, Trump is going to reverse it all. Gold prices are on the move. When the [CB] brings down the economy Trump can use International Emergency Economic Powers Act to implement his policies. The [DS] is now prepping the narrative for the [FF]. Two events, and the murder of the CEO home grown extremism. Drones in the sky we are being attacked. Trump is playing 4D Chess with the [DS]. Trump is pushing the EU, the Royal families to react to hime wanting to purchase Canada and Greenland. A beautiful new world lies ahead. 

 

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Economy

Trump Reportedly Mulls Executive Order Protecting Gas Stoves From Radical Left's Green Crusade

Nearly two weeks after the Biden administration quietly finalized new climate rules targeting natural gas-powered water heaters—following years of far-left politicians and shady "green" nonprofits waging war against NatGas stoves under the guise of improving "indoor air quality"—President-elect Donald Trump has reportedly had enough of these games. He plans to issue an executive order to protect NatGas-powered appliances.

Reuters

Source: zerohedge.com

https://twitter.com/KobeissiLetter/status/1877044177172611542

 

Sue, Baby, Sue: Trump Plan To "Un-Ban" The Biden Drilling Order Could Prove Difficult

After a presidential campaign where both President Joe Biden and Vice President Kamala Harris pushed back on claims that they were trying to shut down much of the fossil fuel industry, Biden waited until the final days of his administration to ban oil and gas drilling over 670 million acres of America’s coastline.

President-elect Donald Trump responded that “It’s ridiculous.I’ll un-ban it immediately. I have the right to un-ban it immediately.”

It will likely be more difficult than a simple “un-ban” order.

Environmental groups will likely push a “sue, baby, sue” campaign to counter Trump’s “drill, baby, drill.”

In his statement, Biden justified the move to counter the “climate crisis.”

So, there are grounds to assert this authority of reversal, but it will take years in court.

The alternative and preferred route would be Congress.

This is an issue that should ultimately rest with Congress. This ambiguous law is unfortunately common in poorly crafted provisions giving presidents sweeping authority.

Sen. Mike Lee (R., Utah), chair of the Senate Energy and Natural Resources Committee, has already pledged to “push back using every tool at our disposal.”

Source: zerohedge.com

https://twitter.com/pjcolbeck/status/1877054493025853510

  other modern electronics with military application. PLUS: Its geography is strategically important from a military perspective. Does this help convey why President Trump is interested in adding Greenland to the United States?

https://twitter.com/BehizyTweets/status/1877027031742874079

TAKE A LISTEN

If Donald Trump were President and faced a scenario where the stock market declines by 10,000 points and the country is in a deep recession, he could theoretically use the International Emergency Economic Powers Act (IEEPA) to declare a national emergency. Here's how this would work:

 

Criteria for Using IEEPA:

  The President must declare a national emergency based on an "unusual and extraordinary threat" to the national security, foreign policy, or economy of the United States that has its source in whole or substantial part outside the United States.

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Click On Picture To See Larger PictureEU continuing to have inflation, they are now saying it is because of high energy costs. Biden trying to block Trump is going to fail in the end. A bill has been introduced to stop federal funding of Newsom's train. Canada is now waking up to the [CB] and what causes inflation. The [CB] tried to trap Trump but he is on to them. The [DS] is struggling, the more they do in regards to [FF] the worse it gets for them. When the people are awake and thinking logically [FF] do not work on the people. The fake news does not control the narrative. The [DS] is weakening and they are exposed. When Trump said lets make America Great Again he was following the founding fathers, its time to expand the country.

 

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Economy

Euro zone inflation jumps in December on higher energy costs 

Euro zone inflation accelerated in December, an unwelcome but anticipated blip that is unlikely to derail further interest rate cuts from the European Central Bank.

Inflation in the 20 nations sharing the euro picked up to 2.4% last month from 2.2% in November, Eurostat said today, in line with expectations in a Reuters poll of economists, lifted by more expensive energy and stubbornly high services costs.

Source:  rte.ie 

https://twitter.com/libsoftiktok/status/1876507677192487018

https://twitter.com/WallStreetMav/status/1876651193126330575



 

Congress Report on LEGISLATED WITHDRAWAL PROVISION 1/15/2021 under @realDonaldTrump

crsreports.congress.gov/produc

From BLOOMBERG:

“Energy analysts say it WON’T MAKE MUCH OF A DIFFERENCE IN U.S. OIL PRODUCTION. Tom Kloza, Oil Price Service global head of energy analysis, said it’s NOT PARTICULARLY CONSEQUENTIAL FOR U.S. EXPLORATION & PRODUCTION GOING FORWARD…..there are plenty of existing offshore rigs pumping oil in the Gulf of Mexico. Don’t see it having ANY REAL IMPACT ON U.S. SUPPLY, EXPORTS, IMPORTS.”

From OFFSHORE:

“Biden's order would not affect central & western parts of the Gulf of Mexico, WHERE MOST U.S. OFFSHORE DRILLING TAKES PLACE.”

“The action is a law that gives presidents broad authority to withdraw federal waters from FUTURE oil/gas leasing & dev.”

“The move could allow the U.S. to meet future energy needs w/out jeopardizing areas important to NATIONAL SECURITY, coastal communities, marine life.”

ALSO NOTABLE 🚩🚩

Dem Rep Paul Tonko [NY] introduced

H.R.10508 on 12/18/2024: To amend the Outer Continental Shelf Lands Act to support responsible development of offshore renewable energy projects, establish Offshore Power Administration & other purposes.👀

https://twitter.com/Ultrafrog17/status/1876674290588020862

  Holdings, is the largest stakeholder in Greenland Minerals. So they have been essentially mining and moving their way into Greenland for years now. China is essentially processing rare earth concentrates that contains the radioactive elements uranium and thorium. So this isn't just for some meme that Trump is doing this. The land has strategic value. Around the exact same time that Trump first brought buying Greenland to the forefront, he told reporters that he was the "chosen one" to win the trade wars with China. Listen to him closely in this last clip: "Over the last five years, China has made 500 billion dollars. Ripped it out of the United States. Somebody had to do it. I am the chosen one. So I'm taking on China on trade. And you know what? We are winning. We are the piggy back, we are the ones that all these countries wants to rob and take advantage of. I was put here by people to do a great job and that...

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The green new scam is done, the evidence is now being produced that its always been a scam, the [DS] manipulated the numbers. Biden is now putting up economic road blocks so Trump cannot move forward with his policies. Trump confirms that Biden doesn't want a peaceful transition. Trump wants a big bill to kick everything off. The [DS] is losing ground World Wide. The installed politicians are now being forced out of their positions. Trudeau resigns, he can't event walk down the street. The cure is spreading WW. Trump was certified today, next is the inauguration, will the [DS] try something? Scavino sends message, the plan is moving forward and soon Trump will be back in office.

 

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Economy

Another Myth Busted: Latest Report Reveals 30 Year Drop in Hurricane Frequency and Power 

A new study found that there has been a 30-year drop in hurricane frequency and power.

This is a major blow to the junk scientists pushing to ban fossil fuels.

For years, the radical left and willing RINOs assured the public that hurricanes and tornadoes are worse today than ever thanks to manmade global warming.

Here is a recent list of the top hurricanes by force that made landfall in Florida.

Notice that only three of the top 10 hurricanes made landfall in the last 30 years.

Here is a list of the top hurricanes to make landfall in Florida.

A new report published in Nature in December found a 30-year drop in cyclone (hurricane) frequency and power.

Nature reported:

 

 

Source: thegatewaypundit.com

New Biden water heater ban will drive up energy prices for poor, seniors: expert 

A Biden administration ban on certain natural gas water heaters as part of the lame duck president’s climate agenda could send prices soaring for the elderly and the poor.

Under the policy, new non-condensing, natural gas-fired water heaters will be prohibited for sale starting in 2029 due to concerns about carbon-dioxide emissions.  .

If the policy takes effect, as it is slated to on March 11, a little less than 40% of the tankless water heaters currently on the market would be banned, according to an estimate from the Appliance Standards Awareness Project.

“When the rule goes into effect, all that manufacturing will basically be irrelevant,” Frank Windsor, president of Rinnai America, a water heater manufacturer, told the outlet.

Source: nypost.com

IT’ S OFFICIAL: Joe Biden Bans ALL Future Offshore Oil and Gas Drilling in Bid to Sabotage President Trump – Trump Responds

  reported, Joe Biden has officially banned ALL future offshore oil and gas drilling in an effort to sabotage President Trump’s vote to unleash American energy dominance, which includes offshore drilling. Trump has also vowed to ditch Biden’s environmentally damaging ‘green’ energy policies.

Biden announced Monday morning he is utilizing his power under the 70-year-old Outer Continental Shelf Lands Act to block all future oil and natural gas leasing in more than 625 million acres of federal waters. Established in 1953, this act gives the United States jurisdiction over submerged lands beyond state coastal waters and allows the federal government to lease offshore resources.

Biden’s ban will put a permanent halt to offshoring drilling in all federal waters off the East and West coasts, the eastern Gulf of Mexico, and portions of the northern Bering Sea in Alaska. The Western Gulf of Mexico, where drilling is already happening,

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Click On Picture To See Larger PictureThe green new scam that the [CB][WEF] have been pushing just fell apart. They want to make the world green by cutting down the green. People are leaving CA, Uhaul reports that there is no growth in CA. Prepare for the new economy because people see how the old economy doesn't work. The [DS] pushed two [FF] on the American people. They are now setting up the narrative to have the people and veterans out on the street rioting when they try to stop Trump. They want the people to get angry and push back. The next [FF] will not work, there will be no civil war. Trump sends a message on Jan 19, FISA is not the only game in town, Military Intelligence, we hear and see all.

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Economy

‘Not Incredibly Popular’: Blue State Primed To Clear Cut Hundreds Of Acres Of Forest To Make Way For Solar Panels

Michigan is poised to cut down hundreds of acres of forest in order to make space for a solar panel development, MLive reported Thursday.

The state will soon start competitive bidding on approximately 420 acres of forested land near Gaylord, Michigan, to clear space for a solar farm while generating revenue and advancing the state’s long-term green energy targets,

Notably, one study published by Harvard researchers found that clearing forests to replace with solar panel developments may actually lead to an overall increase in greenhouse gas emissions, and a paper published by Chinese researchers also reached similar conclusions. There are also oil and gas wellheads in other areas of the woods that remain forested, according to MLive.

“This is pretty amazing. Michigan is not like California, it’s not like the sun is always shining there,” Dan Kish, a senior research fellow at the Institute for Energy Research, told the Daily Caller News Foundation. “This is the theater of the absurd, and it’s all driven by tax credits and giveaways from the federal and state government, and by mandates that the governor there has implemented.”

Source: dailycaller.com

The Stunning Statistical Fraud Behind The Global Warming Scare

Global Warming: The National Oceanic and Atmospheric Administration may have a boring name, but it has a very important job: It measures U.S. temperatures. Unfortunately, it seems to be a captive of the global warming religion. Its data are fraudulent

What do we mean by fraudulent? How about this: NOAA has made repeated "adjustments" to its data, for the presumed scientific reason of making the data sets more accurate.

Nothing wrong with that. Except, all their changes point to one thing — lowering previously measured temperatures to show cooler weather in the past, and raising more recent temperatures to show warming in the recent present.

This creates a data illusion of ever-rising temperatures to match the increase in CO2 in the Earth's atmosphere since the mid-1800s, which global warming advocates say is a cause-and-effect relationship. The more CO2, the more warming.

But the actual measured temperature record shows something different: There have been hot years and hot decades since the turn of the last century, and colder years and colder decades. But the overall measured temperature shows no clear trend over the last century, at least not one that suggests runaway warming.

That is, until the NOAA's statisticians "adjust" the data. Using complex statistical models, they change the data to reflect not reality, but their underlying theories of global warming. That's clear from a simple fact of statistics: Data generate random errors,

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Click On Picture To See Larger PictureTrump sends warning to UK, get rid of windmills, do you see what is happening to Germany. China's economy is imploding, the stimulus is not working. Trump is going to use Bitcoin and strategic move to counter the [CB] and China. The [DS] is now making moves to create as much chaos as possible. Why did the [DS] use military in the [FF] events. Are they beginning a narrative about the military? Mike Johnson has become the speaker once again. Optics are very important. Trump and Mike Johnson are working together. Trump is holding a rally on national popcorn day.

 

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Economy



US oil firm Apache has announced plans to exit the North Sea because the windfall tax has made its UK operations "uneconomic".

The Texas firm will cease all production at its UK assets by December 2029, “well ahead of what would have been an otherwise reasonable time frame".

In addition to criticising the UK’s Energy Profits Levy — otherwise known as a windfall tax — John Christmann, chief executive of Apache parent firm APA, said UK regulators issued new rules that will require “substantial new emissions control investments” on facilities that operate in the North Sea beyond 2029.

He said: “After six months of evaluation, we have concluded that the investment required to comply with these regulations… coupled with the onerous financial impact of the Energy Profits Levy makes production of hydrocarbons beyond the year 2029 uneconomic.”

Apache took control of the Forties field in 2003 but suspended all new drilling activity last year. The firm will run a “very limited capital programme” in the North Sea next year before those assets are ultimately decommissioned, Mr Christmann said. 

https://twitter.com/KobeissiLetter/status/1875178346918879261

Why A US Bitcoin Strategic Reserve Is Critical To Fending Off China

 

China and Russia have shed billions of dollars worth of U.S. Treasury holdings while growing their stockpiles of gold. Our sanctions, designed to separate countries from the "Western" economic system, are no longer enough of a deterrent for those who can control financial activity within their borders and project their power outward.

Authoritarian adversaries — including China, Iran and Russia — are actively building parallel cross-border economic systems that will pull into their orbits not only neighboring countries but also our allies who trade heavily with them.

China sees financial technology and cryptocurrency as tools to extend its financial power and surveillance globally. The United States must respond in two ways: export our financial technology and systems worldwide and embrace bitcoin as a strategic reserve asset instead of stifling innovation.

Lawmakers and politicians on both sides of the aisle, most notably President-elect Donald Trump, recognize the power of holding bitcoin on the nation’s balance sheet as a hedge against inflation. This direction would also strengthen U.S. resilience against economic challenges posed by China’s financial strategies.

  in our rapidly digitizing world, the absence of a native digital asset in this portfolio is becoming increasingly conspicuous.

With its global reach and growing adoption, bitcoin is the ideal candidate to fill this gap. Often called “digital gold,” bitcoin is a scarce commodity. The U.S. is the largest nation-state holder of bitcoin, having seized 210,000 coins from illegal actors. This gives the U.S. a first-mover advantage and could secure our economic future.

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Click On Picture To See Larger PictureGermany is now struggling, they are telling their people not to use so much gas. Germany is facing a very long recession. Biden preparing to ban off shore drilling. Trump sends out a message, we will be moving away from income tax and moving back tariffs. The [DS] sent a message to Trump and Elon. They are now planning to push chaos across the country. From the very beginning the [DS] knew they couldn't cheat in the election with [KH]. The [DS] events are now planned for before the inauguration and after. The [DS] used these two events as a distraction, they are now casing the stadium where the Super Bowl will be held. Sum of all Fears. This will strengthen Trump and the people will be behind him, even the D's.

 

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Economy

German energy official asks citizens to save gas

 German households and businesses should save gas to avoid shortages, the country’s energy regulator, the Federal Network Agency, has requested, Die Welt reported on Wednesday. According to an analysis by the agency, the country has been consuming significantly more gas this heating season than last year.

The agency said total gas consumption in Germany rose by 5.8% from October to December 2024 against the same period the previous year, to 246 terawatt-hours (TWh). Industries recorded an increase in consumption of 9.1% compared to 2023, while the increase in households and businesses was more modest at 1.9%, the report noted.

Source: rt.com

https://twitter.com/disclosetv/status/1874803111015158123

https://twitter.com/disclosetv/status/1874864489264533821

 

https://twitter.com/KobeissiLetter/status/1874574095104295155

 December 2012. Furthermore, delinquency rates on these loans are rising twice as fast as during the 2008 Financial Crisis. Overall, there were more than $2 billion in office loans that became newly delinquent in December 2024. The commercial real estate crisis is worsening.



https://twitter.com/DC_Draino/status/1874553952907436269



Political/Rights

https://twitter.com/libsoftiktok/status/1874635685992583442

https://twitter.com/elonmusk/status/1874670277973713293

https://twitter.com/elonmusk/status/1874664089894695221

 

 

Geopolitical/Police State

BREAKING: Mass Shooting Reported at New York Nightclub — At Least Eleven People Hurt 

A mass shooting has been reported at a nightclub in Queens, New York.

While details about the attack still remain scarce, it is said to have taken place at the Amazura event hall located near Jamaica Long Island Rail Road station.

New York Metro reports:

Law enforcement sources said the gunfire erupted near the Amazura event hall at 91-12 144th Place in Jamaica, within the confines of the 103rd Precinct, at about 11:20 p.m. on Jan. 1.

At least three individuals wounded in the shooting walked into a local hospital seeking treatment, sources familiar with the investigation said.

 

The attack took place hours after the city of New Orleans was subject to an Islamist terror attack in which 16 people were killed by a car ramming.

Source: thegatewaypundit.com

War

https://twitter.com/WallStreetMav/status/1874772626469724655

Cyber Attacks

False Flags

https://twitter.com/disclosetv/status/1874855734124687532

Did they just send out a message that it's time for the plandemic. 

https://twitter.com/McCulloughFund/status/1874595028963590377

 hospitalizations or deaths. Conjunctivitis was seen in 93% of cases.

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The people are pushing back against the green new scam, Italy has banned ground mounted solar panels. Biden bans oil, gas drilling in Nevada. Credit card defaults are way up. The Treasury was hacked, the [CB] preparing to bring the system down. It's time to end the endless. The [DS] is now setting everything up to bring war, they are building friction in Europe and Ukraine. China is about to make a move on Taiwan. Trump sends a warning to the Senate. Be prepared for tricks by the [DS]. They will push back on the nominees, they will do everything possible to make sure they are not confirmed. Trump nomimated someone new to direct every agency but one. Trump controls the Top.

 

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Economy

https://twitter.com/PeterSweden7/status/1873872828220793268

Biden Regime Declares War on Energy Independence: Bans Oil, Gas, and Geothermal Development in Nevada’s Ruby Mountain for 20 Years — Mining Exempted 

The Biden regime announced   that it will bar oil, gas, and geothermal development in northeastern Nevada’s Ruby Mountains for the next 20 years.

This sweeping restriction covers an estimated 264,000 acres of federal land and effectively halts new energy exploration in the region.

Under the guise of environmental stewardship, the regime claims the move is in response to requests from Native American tribes, conservationists, and outdoor sports enthusiasts.

But critics argue this is another clear example of Biden’s commitment to strangling domestic energy production in favor of appeasing radical environmentalist groups.

The regime’s proposal begins a 90-day public comment period and triggers a two-year moratorium on new oil, gas, and geothermal leases in the area.

The lands will remain accessible for mining activities, leading some to question the consistency of the regime’s environmental policies.

More from Reuters:

Source: thegatewaypundit.com

Administrative Reversal: A future administration could choose to reverse or modify this decision. For example, President-elect Donald Trump, set to take office, has expressed intentions to ramp up domestic oil and gas production. This could mean rescinding or altering the withdrawal order if he chooses to do so upon taking office.

Legal Challenges: The decision could face legal challenges from industry groups or others who oppose the restriction. If successful, these challenges could lead to the decision being overturned or modified by court order. However, given the current legal framework, such challenges would need to navigate environmental laws and public interest considerations.

https://twitter.com/KobeissiLetter/status/1873777174320152967

 . Bottom-income consumers were hit the hardest due to years of elevated inflation and interest rates. Additionally, the savings rate of the bottom third is now 0%, according to Moody’s. The credit card debt bubble is popping.

https://twitter.com/BitcoinMagazine/status/1874075206853214691

DRILL BABY DRILL! Gas Prices Expected to Fall Further in 2025 – Trump Aiming For Under $2 a Gallon

At a speech back in September, Trump announced his intention to "get gasoline below $2 a gallon,” although De Haan believes this goal is overly ambitious.

Source: thegatewaypundit.com

U.S. Treasury Department Allegedly Hacked in Cyber Attack Launched by China

The Biden regime claimed today that an actor from our nation’s most formidable foreign adversary hacked the Treasury Department and gaine...

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Click On Picture To See Larger PictureThe housing market is mirroring the 2008 financial crisis. Job numbers are faked again. The Fed is knowingly making decision using fake data. The [CB] has revealed their plan, they want the US to default under Trump's Presidency. Playbook known, the [CB][DS] will be blamed. The [DS] is making their move. President Carter passes away at 100. Funeral is being planned for Jan 9 and the flags will be at half-mast for 30 days. Carter will lie in state starting in Jan 2025. Will the [DS] try to delay the certification. The [DS] will need an event to delay, this could include, cyber attack, riots at the capitol, or congress getting sick. Be ready, playbook known.

 

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Economy

https://twitter.com/KobeissiLetter/status/1873397611392360878

https://twitter.com/WallStreetMav/status/1873740208384188601

  out. Plus as soon as Trump takes office expect the entrenched left wing staff will start portraying the economic data has negative. We won't find out till much later during the revisions.

 

https://twitter.com/KobeissiLetter/status/1873595155812593737

The two times when the U.S. stock market posted back-to-back losses during the "Santa Claus" rally period were:

1999-2000

2007-2008

These instances are significant because they preceded broader market downturns, with 1999-2000 leading into the Dot-com bubble burst and 2007-2008 marking the beginning of the financial crisis

Yellen Says US Will Hit Debt Ceiling Mid-January, Forcing Treasury To Employ 'Extraordinary Measures'

Treasury Secretary Janet Yellen has warned that the United States will hit its statutory debt ceiling around the middle of January, a development she said will prompt the Treasury to resort to “extraordinary measures” to prevent the government from defaulting on its obligations.

Yellen outlined the looming fiscal challenge in a Dec. 27 letter to congressional leaders, urging them to act to protect the nation’s economic credibility and preserve fiscal stability.

Maya MacGuineas, president of CRFB, warned in a recent statement that the risks of rising debt include slower economic growth, higher inflation, and constrained fiscal flexibility that would hamper the government’s ability to respond to economic downturns or global crises.

Source: zerohedge.com

 

President Trump Slams Kevin McCarthy and House GOP for Debt Ceiling Deal: “One of the Dumbest Political Decisions in Years”

 they would prefer “Depression” as long as it hurt the Republican Party. The Democrats must be forced to take a vote on this treacherous issue NOW, during the Biden Administration, and not in June. They should be blamed for this potential disaster, not the Republicans!

Source: thegatewaypundit.com

Political/Rights

https://twitter.com/nypost/status/1873429589298667839

https://twitter.com/its_The_Dr/status/1873611695400382709

Geopolitical/Police State

https://twitter.com/C__Herridge/status/1873747039118569673

Leaked Defense Department Letter Acknowledges Injuries and Experiences “Are Real” “It’s a Cover Up...It Should Be Terrifying for All Americans.” Government Gaslighting

1:25 Foreign Adversary Likely Behind National Security Officials’ Havana Syndrome Injuries

2:40 High Powered Microwave System Weapon

3:37 Under Attack In Africa

4:01 Multiple Weapons Suspected

4:54 Crippling Cognitive + Neurological Symptoms Reported 

5:43 CIA Director Privately Blames Russia

6:20 2023 Intelligence Report Betrayal

Watch The X22 Report On Video

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The economies of the world is now breaking down, the installed politicians realize it and they are panicking. Employment in US is down. Biden admin tried to trap Trump in the H1B visa program by modifying the rules. Agenda exposed. The [DS] knows that Trump and the patriots have caught them all, they are desperately are trying to stop him but they do not have the leverage so they must resort to [FF] to distract the world from their crimes. Class action lawsuits can be very effective. Trump has caught the [DS] in everything they have done. These next 4 years is the accountability phase. Time is running out for the [DS].

 

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Economy

Around 170,000 retail workers lost their jobs in 2024 after major chains collapsed

Almost 170,000 retail employees lost their jobs this year after several major high street firms collapsed.

Homebase, Ted Baker, The Bodyshop, Carpetright and Lloyds Pharmacy were among 38 retailers that went into administration in 2024, according to figures compiled by the Centre for Retail Research.

It said a total of 169,395 retail jobs have been axed since January 1, which is 49,990 (or 41.9%) more than last year.

It is the highest number since more than 200,000 retail jobs were lost in 2020 in the aftermath of the Covid-19 pandemic which forced businesses to shut their stores during lockdowns.

Around a third of all retail job losses in 2024 – 55,914 in total -came as a result of administrations.

 Source: .msn.com/ 

https://twitter.com/KobeissiLetter/status/1873057355207766060

 recessions. In fact, similar declines have been seen during the 1990s and 2001 recessions. Meanwhile, state and local government full-time jobs have risen by ~400,000 year-over-year, twice as much as the pre-pandemic period. The US labor market is weaker than it seems.

the Biden administration has finalized changes to the rules governing H-1B visas. Here's an overview:

 On December 17, 2024, the Department of Homeland Security announced a final rule to modernize the H-1B program. The changes are set to take effect on January 17, 2025.

  The Biden administration finalized new rules for the H-1B visa program, described as an attempt to "modernize" it, which came into effect right before Trump's projected return to office. These changes include codifying agency deference for H-1B petitions, expanding eligibility, and potentially making it more challenging for Trump to reverse these policies due to the administrative rulemaking process. This has been viewed by some as an attempt to set a policy framework that could complicate future policy rollbacks by the Trump administration.

 these last-minute regulatory changes as a strategic move to lock in reforms that might be politically or legally difficult for a subsequent administration to undo quickly. This idea is supported by the notion that once regulations are in place, they require a formal rulemaking process to amend, including public comment periods, which can be time-consuming.

Political Context: This overhaul comes at the end of Biden's term, likely intended to cement changes into regulation before the transition to the next administration, potentially making it more difficult for a new administration to reverse these changes without going through a formal rulemaking process.

https://twitter.com/JackPosobiec/status/1873172920396382490

Despite New York Post Phone Call, Question and Answer, Donald Trump Companies Do Not Use H1B Visas