_________________ “Finding ‘common ground’ with the thinking of evil men is a fool’s errand” ~ Herschel Smith
"The said Constitution shall never be construed to authorize Congress to prevent the people of the United States who are peaceable citizens from keeping their own arms." ~ Samuel Adams
“A return to First Principles in a Republic is sometimes caused by simple virtues of a single man. His good example has such an influence that the good men strive to imitate him, and the wicked are ashamed to lead a life so contrary to his example. Before all else, be armed!” ~ Niccolo Machiavelli
Láodòng zhèng zhūwèi zìyóu
FJB
Tue Sep 26, 2023 8:01 am
Col_Temp
Site Supporter
Location: Lake Stevens Joined: Fri Jan 3, 2014 Posts: 6240
Real Name: Paris
Synopsys: Your crypto transactions are likely already tracked and yes you have to treat them like a stock so every transaction better be documented and reported.
_________________ Paris You can never be too prepared. Consider the ant thou sluggard. Proverbs 27:12 -- “A prudent person foresees the danger ahead and takes precautions. The simpleton goes blindly on and suffers the consequences.” Need Long term Food or Survival Supplies, I have extras, Grab the Supplies_Available.pdf. Prices Quoted are close to my actual cost: https://backupcomputing.workplace.datto.com/filelink/6af06-883bf7e-31d469c0e1-2 Link corrected 1/30/2021.
The prudent Wagunner trains and prepares to defend themselves and their families, friends, and neighbors. They also are prepared to feed, shelter, and provide aid as well. Danger is coming and may already be here, how prepared are you? Click the link above for lots of good info to get started.
Wed Sep 27, 2023 7:56 am
sportsdad60
Site Supporter
Location: The banana belt of MT Joined: Wed Dec 30, 2015 Posts: 8589
Real Name: Brian
What's XRP? Should I be buying old 18 volt DeWalt drill batteries?
I had to google it too. "XRP is a cryptocurrency and token Ripple Labs uses to facilitate transactions on its network"
You could have just watched the video I posted two or three posts up for a cogent explanation.
_________________ “Finding ‘common ground’ with the thinking of evil men is a fool’s errand” ~ Herschel Smith
"The said Constitution shall never be construed to authorize Congress to prevent the people of the United States who are peaceable citizens from keeping their own arms." ~ Samuel Adams
“A return to First Principles in a Republic is sometimes caused by simple virtues of a single man. His good example has such an influence that the good men strive to imitate him, and the wicked are ashamed to lead a life so contrary to his example. Before all else, be armed!” ~ Niccolo Machiavelli
Fed losses breach $100 billion as interest costs rise
NEW YORK, Sept 15 (Reuters) - Federal Reserve losses breached the $100 billion mark, central bank data released on Thursday showed, and they're likely to go a lot higher before the red ink stops.
‘Unconscionable’: Baby boomers are becoming homeless at a rate ‘not seen since the Great Depression’ — here’s what’s driving this terrible trend
Many baby boomers across the country are now coming to terms with the hard reality that working for your entire adult life is no longer enough to guarantee you’ll have a roof over your head in your later years.
Annnnd its gone. So it begins. Again. The next wave of bank failures….starts….now. First republic? 6b. This wave there will be many. Heads up ladies and gentleman. The trolls will argue. And misdirect the message. But facts are, well facts.
Sat Apr 27, 2024 2:38 pm
RocketScott
Site Supporter
Location: Kentucky Joined: Fri Jan 16, 2015 Posts: 11140
Bank failure is common; back in teh 80's it was roughly two financial institutions per week (7 days) going under. Nobody talked about it back then, because the "media" didn't report on it as much.
Now, we have barely any financial institutions failing in comparison to what many think was the greatest decade ever, and the town criers act like it's the sign of the apocalypse. Go outside, throw a baseball, life is good, open a credit union account.
_________________ Rara Temporum Felicitas Ubi Sentire Quae Velis Et Quod Velis Dicere Licet. ― Tacitus "Well, nobody's perfect." ― Osgood Fielding III
Sat Apr 27, 2024 7:34 pm
Pitbull
Location: Snohomish Joined: Sun Mar 10, 2019 Posts: 364
"Speaking with CNBC on Tuesday, Sternlicht says he thinks that primary real estate lenders - community and regional banks - are about to get whacked.
"You're going to see a regional bank fail every day, or not — every week, maybe two a week," he said, adding that Fed Chair Jerome Powell's ongoing rate hikes will continue to have consequences for the real estate sector.
"He's got a hard task with a blunt tool, and the consequence is the real estate markets are taking it on the chin because rates rose so fast. We could have handled this, but we couldn't handle it this fast," he said. "The 1.9 trillion of real estate loans, that's a fragile animal right now."
_________________ “Finding ‘common ground’ with the thinking of evil men is a fool’s errand” ~ Herschel Smith
"The said Constitution shall never be construed to authorize Congress to prevent the people of the United States who are peaceable citizens from keeping their own arms." ~ Samuel Adams
“A return to First Principles in a Republic is sometimes caused by simple virtues of a single man. His good example has such an influence that the good men strive to imitate him, and the wicked are ashamed to lead a life so contrary to his example. Before all else, be armed!” ~ Niccolo Machiavelli
Láodòng zhèng zhūwèi zìyóu
FJB
Fri May 10, 2024 4:18 pm
Pitbull
Location: Snohomish Joined: Sun Mar 10, 2019 Posts: 364
Way to stay on task jukk. Good job being the bridge that separates the adventurers from the trolls on such an overlooked, and concerning situation. And the trolls are many here. And they pollute the message with silly comments and questions. Deliberately. Like making a joke when their lost, to relieve the tension of the unknown outcome, although odds are the outcome is bleak. They still wont focus on the impending scenario thats en route already. But its their choice to do so
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