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originally posted by: F2d5thCavv2
a reply to: fringeofthefringe
but leaving Guatemala or any other corrupt country to come here is not going to be a winning strategy.
No easy way out.
For us OR them.
Cheers
And there is a mirror to that. When people from countries like Guatemala come to the USA who are not criminals and who are willing to work because they see more opportunity
DARPA plans to create wireless energy transfer infrastructure to supply near-uninterruptable power to U.S. military bases worldwide. The plan, as reported by Popular Mechanics, is to use laser technology to beam electricity around the planet. Famously a dream of Nikola Tesla over 100 years ago, if successful, this technology, called fittingly enough POWER ("Persistent Optical Wireless Energy Relay"), would make the U.S. military less reliant on liquid fuel like diesel and vulnerable power lines, which can be intercepted or sabotaged by enemy forces.
First of all, the environment has changed, and the need for more resilient energy transport methods for military operations is at a premium,” explained Col. Paul “Promo” Calhoun to Popular Mechanics in an exclusive interview. American forces operate globally like the special operations units he resupplied as a C-17 cargo pilot, from outposts in the South China Sea to the Iraqi desert. Since there is no simple way to power them, many forces use their radars, anti-drone microwave weapons, lasers, or other energy-intensive equipment. And with each passing year, the severity of the issue increases.
POWER is an optical power beaming program,” Calhoun says. “There are other potential power-beaming modalities, such as microwaves, that we intend to explore in future programs. For POWER, the propagating wave is a laser [that] provides long-range high-throughput capability when transmitted at high altitudes. The relays redirect the laser energy without conversion, and then the end-user converts that laser energy back into electricity using narrow-bandgap-tuned monochromatic photovoltaics,” he added.
Relays in the form of long-endurance drones and satellites will play a crucial role in the future. These drones, hovering at high altitudes, will transmit laser energy to each other over extended distances before delivering it to a U.S. military base. Similarly, satellites will perform the same mission in space.
POWER is developing stratospheric platforms with small apertures ranging approximately 100 kilometers between nodes. With larger apertures and a more benign environment like space, distances between nodes of up to 1,000 kilometers are reasonable,” Calhoun added. The result would be a “globally scalable energy distribution network.”
On Sunday as the U.S. government worked behind the scenes with two major banks to engineer the latest financial rescue plan, the Bitcoin network hit a new all-time high for the number of daily transactions processed. There were more confirmed transactions than it ever had in its 14-year history, beating the previous record set during the 2017 bull run. Today, JPMorgan Chase has acquired First Republic after the distressed bank’s assets were seized by regulators, becoming the second-largest bank failure in U.S. history.
Our government invited us and others to step up, and we did,” JPMorgan CEO Jamie Dimon said. Crypto fans may know Dimon as one of the highest-profile advocates of “blockchain” and long-time bitcoin critic. First Republic’s failure is second only to Washington Mutual, which failed during the Great Financial Crisis that also gave rise to bitcoin. While some amount of blame could be put on First Republic’s management, economists are largely aligned in thinking its collapse is at least partially due to rising interest rates and the Federal Reserve’s hawkish monetary policy that also brought down the Silvergate, Silicon Valley and Signature banks early this year.
While Swift isn't directly creating a central bank digital currency, it is providing space for others to build support for cross-border payments involving different CBDCs as well as transactions that bridge CBDCs and traditional currency.
CBDC projects or experiments are underway in nearly 100 countries. But almost all of the work is focused on domestic payments.
Swift, which provides messaging standards for international payments, plans to launch a product in its sandbox for CBDC developers that will enable central banks, commercial banks or a mix of organizations to develop use cases for CBDCs to work across borders. Swift's initiative comes as CBDC proponents try to develop international networks to boost efficiency for cross-border payments while allowing digital currencies to reach more markets.
Our ground-breaking new innovation lays a path for digital currencies and tokenised assets to integrate seamlessly with the world’s existing financial ecosystem
We see inclusivity and interoperability as central pillars of the financial ecosystem, and our innovation is a major step towards unlocking the potential of the digital future.”
Nine out of ten central banks have been actively exploring digital currencies, but their focus has largely been on domestic usage. Interoperability is a central pillar to Swift’s strategy – and our experiments, carried out with Capgemini, have achieved successful transactions between different CBDC networks, as well as with fiat-to-CBDC flows between these networks and a real-time gross settlement system.
The experiment run by the Bank of England and the Bank for International Settlements shows it's possible to settle large synchronized transactions in central bank money, a report said.
The Bank of England ran "Project Meridian" through the Bank for International Settlements' (BIS) London innovation hub to build a prototype that could potentially speed up and reduce costs of transactions in central bank Real-Time Gross Settlement (RTGS) systems.
Meridian is one of several projects by the BIS Innovation Hub dedicated to examining new developments in fintech, from decentralized finance to CBDC systems.
As Wall Street’s slump in IPOs and mergers deepens this year, top advisory firms including Morgan Stanley
, Bank of America
and Citigroup
have turned to job cuts in recent weeks.
Morgan Stanley plans to eliminate roughly 3,000 positions by the end of June, according to a person with knowledge of the plans.
Major stock indexes headed toward their worst day in more than a month on Tuesday as a slew of regional bank stocks continued to collapse following First Republic's weekend failure—adding to investor unease ahead of a critical Federal Reserve meeting.
Veteran investor and Shark Tank star Kevin O’Leary warns that more regional banks could go under as they face immense losses from their exposure to one sector of the economy.
The majority of risk right now in the infrastructure of both regional and money center banks is commercial real estate... We have 11 sectors in the economy. The 11th, the newest is real estate…
Mexico is running towards BRICS+ inclusion, should the playing field go fully level, I'd expect folks to return to their home areas if prospects improve quickly.
Regional bank stocks fell sharply Tuesday as the fallout from the third major bank failure this year continued to put pressure on the sector.
Shares of PacWest fell nearly 28% on Tuesday and was on track for its fourth-straight negative session. The stock was halted for volatility multiple times.
originally posted by: socialmediaclown
US could default on its debt as soon as June 1 if Congress doesn't act, Yellen says
The US could default on its obligations as soon as June 1 if Congress doesn't address the debt limit before then, Treasury Secretary Janet Yellen said Monday.
"After reviewing recent federal tax receipts, our best estimate is that we will be unable to continue to satisfy all of the government's obligations by early June, and potentially as early as June 1, if Congress does not raise or suspend the debt limit before that time," Yellen wrote in a letter to House Speaker Kevin McCarthy.
amp.cnn.com...
There aren't enough trees on the planet to keep up with their debt. They have no choice but to go digital.
originally posted by: PeteMitchell
a reply to: F2d5thCavv2
To be fair, what happened in Guatemala and other countries, we’ve effectively sat around and watched happen here in the US as well.
You, dask, me, and others are powerless to stop the big d*ck swinging of the US govt
And this is the fashion which thou shalt make it of: The length of the ark shall be three hundred cubits, the breadth of it fifty cubits, and the height of it thirty cubits.
www.tabletmag.com...
PacWest (PACW) and Western Alliance (WAL) plunged Tuesday as investors remain convinced the worst is not yet over for troubled regional banks.
Their stock drops of more than 20% in morning trading come one day after JPMorgan Chase (JPM) purchased the bulk of First Republic (FRC), in a deal that was designed to restore stability to the banking system after two months of turmoil.
Other regional banks also plummeted, including Zions (ZION), Comerica (CMA) and Key (KEY).
originally posted by: RelSciHistItSufi
a reply to: 13Kiwi20qYes
13Kiwi20qYes, re the coronation, I have a few thoughts:
1) Post #100 seems to be setting our focus for the coronation?
Anonymous ID: L8quGPI9 No.148143562 📁
Nov 5 2017 18:41:11 (EST)
Who is the Queen of England?
How long in power?
With power comes corruption.
What happened to Diana?
What did she find out?
Why was she running?
Who did she entrust to help her flee?
What was the cover?
Why is this relevant?
Why now?
Old.
Connection.
News.
Bad actor.
London Mayor.
Background?
Affiliation?
Connection to Queen?
British MI6 agents dead.
When?
How?
What was reported?
What really happened?
Why is this relevant?
Wealth.
Corruption.
Secret society.
Evil.
Germany.
Merkel.
Migrants.
Why are migrants important?
Assets.
What are assets?
Define assets?
Why are migrants so important?
What are assets?
Why are migrants so important?
What are assets?
Why are migrants so important?
Operations.
Satan.
Who follows?
What political leaders worship Satan?
What does an upside down cross represent?
Who wears openly?
Why?
Who is she connected to?
Why is this relevant?
Spirit cooking.
What does Spirit Cooking represent?
Cult.
What is a cult?
Who is worshipped?
Why is this relevant?
Snow White
Godfather III
Speed.
Q
a) May 2nd, today, encoded 3 times in the timestamp!
b) There have been claims (documented in thread?) that when European monarchy congregate at large events they have a spirit-cooking meal after (Windsor castle perhaps) - opportunity to get caught in the act?
2) London Mayor, Sadiq Khan; muslim, labour party... connection to migrants perhaps?
a) The London Mayor is in charge of the metropolitan police - so consider his role in the policing of the coronation?
b) On May 4th, "May the Fourth be with you!", it is local elections day in the UK, including many London metropolitan districts. For the first time VOTER ID will be required to be allowed to vote!!... Will we see voter fraud orchestrated by Sadiq Khan? Will the influx of migrants try to vote?
Seevideo in this BBC article
c) The timing of the elections... 3 days after a bank holiday and 2 days before a coronation, means that turnout will likely be very low... making cheating harder?