Economy
Luke Groman provides an analysis of the U.S. fiscal landscape, suggesting that a recession akin to 2001 is unlikely due to the significant fiscal deficit and the government’s potential strategy of printing money to manage interest payments. Groman highlights the diminishing returns of debt and fiscal spending, noting that the U.S. has reportedly surpassed this threshold, leading to a scenario where nominal GDP grows while real GDP declines. This economic environment, distinct from past downturns, is characterized by high deficits and foreign dollar-denominated debt. Groman also discusses the low volatility in the S&P 500 and VIX, attributing it to a purported U.S. Treasury volatility cap, which he claims has resulted in rising asset prices relative to treasuries. Additionally, he draws parallels between MicroStrategy’s Bitcoin strategy and historical commodity strategies, suggesting potential government interventions in Bitcoin pricing.
In the agricultural sector, orange juice prices are nearing record highs due to fears of a disastrous Florida harvest, exacerbated by Hurricane Milton’s impact on citrus groves. Industry experts warn that the next harvest could be the worst since the late 1920s, with U.S. orange production potentially reaching its lowest level in over a century. Brazil, the leading orange juice producer, is also facing challenges due to a severe drought and crop disease, further straining global supply. As a result, orange juice futures have surged, reflecting the market’s stress and the potential for continued price increases.
Geopolitics
Tensions between Canada and India have reportedly escalated as Canada seeks support from its “five eyes” intelligence partners and G-7 nations to potentially impose sanctions on India. This move follows allegations that India is involved in transnational attacks on Khalistani terrorists within Canada. Canadian Prime Minister Justin Trudeau has accused India of engaging in activities that threaten public safety, although India has not cooperated with the investigation. Meanwhile, the U.S. is investigating an Indian government employee linked to a plot against a U.S. citizen, further complicating diplomatic relations.
In Germany, protests advocating for Sharia law and an Islamic caliphate are reportedly becoming more frequent, particularly in Hamburg. Organized by the group Muslim Interaktiv, these demonstrations have drawn thousands of participants. Despite the growing number of protests, German authorities have not taken legal action, viewing the calls for a caliphate as politically absurd but not illegal. This stance contrasts with the treatment of other forms of expression, highlighting a perceived double standard. The protests are protected by freedom of speech, and demographic trends suggest that Germany’s Muslim population could grow significantly, potentially increasing political influence and leading to more frequent demonstrations. Meanwhile, security concerns have led to the cancellation of events like a Jewish Street Festival in Hamburg due to fears of Islamist attacks.
Lastly, in a public letter addressed to Chris Martenson, an analysis of audio and seismic evidence related to the collapse of World Trade Center Building 7 on September 11, 2001, suggests the possibility of a controlled demolition. Some experts have identified explosion sounds in video footage and seismic signals consistent with demolition device detonations, challenging the official explanations provided by NIST. Eyewitness accounts and detailed analyses support the hypothesis of a controlled demolition, raising questions about the events surrounding the collapse and the explanations offered by authorities. This ongoing investigation into the collapse of WTC 7 continues to fuel debate and scrutiny over the official narrative of the events of September 11.
Sources
Luke Gromen on Recession Risks, Debt Dynamics, and the Future of Bitcoin
10-year treasuries at the long end, they must be made certificates of confiscation on a real basis to keep the debt sustainable on a nominal basis.
Source | Submitted by rhollenb
Explosive Revelations: Audio Analysis Regarding the World Trade Center Collapse
The detonation of demolition devices over a period of about eight seconds is supported by seismic, audio, and eyewitness evidence as well as by the ‘severe erosion’ found in ‘several beams’ from WTC 7.
Source | Submitted by Gene Laratonda
Canada Rallies Allies for Sanctions Against India Amid Allegations of Transnational Hits on Khalistani Terrorists
“Everything is on the table,” Canada’s Foreign Minister Mélanie Joly said at a news conference when asked if Ottawa is considering sanctions against India.
Source | Submitted by edmontonsnowman
Orange Juice Prices Soar as Florida Faces Worst Harvest Since the 1920s Amid Global Supply Woes
Orange Juice Prices Near Record Highs Amid Fears Of Worst Florida Harvest In A Century
Source | Submitted by IrishPrince
Germany’s Pro-Caliphate Protests: A Growing Trend Amid Political Shrugs and Demographic Shifts
Pro-Sharia-Law Protests Are Becoming A Regular Thing In Germany
Source | Submitted by IrishPrince
