I want to direct you to some articles that you should read if you want to understand the train wreck that is occurring with the bankruptcy of Bankman Fried’s crypto-currency trading platform.
First up is James Howard Kunstler. He gets your blood boiling and shows how this is connected to the Ukraine disaster:
Thirty-seven billion more dollars for Ukraine? (That’s thirty-seven thousand millions of dollars, by the way.) Bringing the total this year to a click-or-two over ninety billion (ninety-thousand millions), on top of whatever Sam Bankman-Fried’s FTX company funneled through that sad-sack international money laundromat — soon to be the darkest backwater of a European failed state since Field Marshal Melchior von Hatzfeldt of Westphalia left Bohemia a corpse-strewn wasteland after the Battle of Jankau (1645).
It really doesn’t matter how much more money we pound down that rat-hole, you understand, because by the time various parties — the weapons-makers, Volodymyr Zelensky, sundry members of the US House of Representatives, the Biden family, the World Economic Forum — are finished creaming off their fair shares, poor Ukraine won’t have enough cash-on-hand to replace six fuse-boxes in Zaporizhzhia.
Damn RIGHT !!!! About time
Democrats Going DOWN !!!!! This is FAR Bigger than Watergate !!!!!
Trillions more imaginary dollars are on the way.
Govt now wants Bit-Coin & do away with CASH !!!!