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Democracy Matters :verified:Make America Broke Again!!!!"Amid geopolitical tensions, streaming giants like Netflix are aggressively expanding their international production portfolios. Netflix’s commitment to invest $1 billion in Mexican film and TV production over the next four years exemplifies this trend. "<a href="https://mstdn.social/tags/CapitalFlight" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#CapitalFlight</a> <a href="https://mstdn.social/tags/RepublicansOwnThis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#RepublicansOwnThis</a> <a href="https://mstdn.social/tags/ImpeachTrumpNow" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ImpeachTrumpNow</a> <a href="https://mstdn.social/tags/USPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USPol</a>

acemaxx<a href="https://econtwitter.net/tags/FX" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FX</a> - The simultaneous surge in <a href="https://econtwitter.net/tags/euro" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#euro</a> and <a href="https://econtwitter.net/tags/German" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#German</a> Govt bonds this month suggests a <a href="https://econtwitter.net/tags/capitalflight" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#capitalflight</a> to <a href="https://econtwitter.net/tags/eurozone" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#eurozone</a>’s benchmark debt as a haven from trade war turmoil, chart @financialtimes.com <a href="https://www.ft.com/content/88f47b5b-c12c-49f1-ad3b-61545510c80d?segmentId=b0d7e653-3467-12ab-c0f0-77e4424cdb4c" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.ft.com/content/88f47b5b-c12c-49f1-ad3b-61545510c80d?segmentId=b0d7e653-3467-12ab-c0f0-77e4424cdb4c</a>

Uilliam Mac ᚒᚔᚂᚂᚔᚐᚋIf the richest 0.1 per cent of Earth's population were raptured off the face of the planet tomorrow never to return, would humanity be better off? <a href="https://mastodon.ie/tags/Polls" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Polls</a> <a href="https://mastodon.ie/tags/Oligarchs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Oligarchs</a> <a href="https://mastodon.ie/tags/CapitalFlight" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#CapitalFlight</a> <a href="https://mastodon.ie/tags/Capitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Capitalism</a>

Kevin Karhan :verified:<a href="https://infosec.exchange/@SpaceLifeForm" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@SpaceLifeForm</a> TBH, all <a href="https://infosec.space/tags/currency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#currency</a> - even antique <a href="https://infosec.space/tags/metal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#metal</a> <a href="https://infosec.space/tags/coins" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#coins</a> - is based off <a href="https://infosec.space/tags/fungibility" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#fungibility</a>. <ul><li>That's why <a href="https://infosec.space/tags/BurgerKing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BurgerKing</a> in <a href="https://infosec.space/tags/Germany" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Germany</a> accepted <a href="https://infosec.space/tags/USD" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USD</a> and not just <a href="https://infosec.space/tags/Euro" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Euro</a> and would happily sell me a Cheeseburger for a $5 note just as with a €5 note ( they only exchanged in Euro but that's beyond the point).</li></ul>The reason why I can't even buy fries with 5.000 KPW [North Korean Won] has nothing to do with North Korea, but entirely with the fact that noone wants that money.<ul><li>And that fungibility is why the <a href="https://infosec.space/tags/USD" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USD</a> is even relevant and why the <a href="https://infosec.space/tags/Euro" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Euro</a> is stable: Because you can actualy buy shit with it.</li></ul> <a href="https://infosec.space/tags/Gold" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Gold</a>, <a href="https://infosec.space/tags/Silver" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Silver</a>, <a href="https://infosec.space/tags/Platinum" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Platinum</a> and even <a href="https://infosec.space/tags/Copper" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Copper</a> are not only inconvenient beyond small sums because they weight a lot but because their value sometimes fluctuates harder than <a href="https://infosec.space/tags/Monero" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Monero</a> and with the exception of Copper there had been Mass <a href="https://infosec.space/tags/Confiscations" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Confiscations</a> aka. state-based <a href="https://infosec.space/tags/theft" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#theft</a> of these per law.<ul><li>Therefore it's absurd to think that any metal- or other commodity-based currency could be established that would see actual use-case beyond being an expensive <a href="https://infosec.space/tags/Shitcoin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Shitcoin</a> aka. <a href="https://infosec.space/tags/SecuritiesFraud" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#SecuritiesFraud</a>-based <a href="https://infosec.space/tags/Scam" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Scam</a>. </li><li>The only reason <a href="https://infosec.space/tags/Bitcoin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Bitcoin</a> has any value is because <a href="https://infosec.space/tags/Billionaires" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Billionaires</a> and <a href="https://infosec.space/tags/Oligarchs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Oligarchs</a> use it to commit <a href="https://infosec.space/tags/TaxFraud" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TaxFraud</a> and <a href="https://infosec.space/tags/CapitalFlight" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#CapitalFlight</a> in order to have an <a href="https://infosec.space/tags/ExitStrategy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ExitStrategy</a> left if or rather when their <a href="https://infosec.space/tags/Oligarchy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Oligarchy</a> - regardless if <a href="https://infosec.space/tags/Russia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Russia</a>, "P.R." <a href="https://infosec.space/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#China</a>, <a href="https://infosec.space/tags/UK" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#UK</a> or <a href="https://infosec.space/tags/USA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USA</a> implodes to buy themselves in elsewhere as "<a href="https://infosec.space/tags/EconomicRefugees" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#EconomicRefugees</a>" or rather <a href="https://infosec.space/tags/fugitives" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#fugitives</a> in a juristiction that doesn't extradite them for their *"<a href="https://infosec.space/tags/WhiteCollarCrime" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#WhiteCollarCrime</a>".</li><li>The only reason <a href="https://infosec.space/tags/Ethereum" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Ethereum</a> has any value is because it's the more "accessible" alternative to Bitcoin so mere <a href="https://infosec.space/tags/Millionaires" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Millionaires</a> can afford similar "<a href="https://infosec.space/tags/AssetProtection" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#AssetProtection</a>" strategies ...</li><li><a href="https://infosec.space/tags/Monero" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Monero</a> derives it's value not by having <a href="https://infosec.space/tags/Billions" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Billions</a> in on-paper-value locked in but entirely upon it's <a href="https://infosec.space/tags/fungibility" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#fungibility</a> and speed as a <a href="https://infosec.space/tags/PaymentSystem" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#PaymentSystem</a>, beating <a href="https://infosec.space/tags/Hawala" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Hawala</a> and <a href="https://infosec.space/tags/MoneyTransfer" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#MoneyTransfer</a> providers by so wide margins that it feels like <a href="https://infosec.space/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#US</a>-style <a href="https://infosec.space/tags/ACH" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ACH</a> Money Transfers getting steamrolled by <a href="https://infosec.space/tags/SEPA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#SEPA</a> <a href="https://infosec.space/tags/WireTransfer" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#WireTransfer</a>: They ain't even in the same millenium!</li></ul> So if you want to sell me on some <a href="https://infosec.space/tags/RareMetal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#RareMetal</a> <a href="https://infosec.space/tags/investment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#investment</a> scheme: Please fuck off!If not, disregard the last sentence...Thanks.

Norobiik @Norobiik@noc.socialThe many weaknesses in the Russian economy nonetheless remain apparent. <a href="https://noc.social/tags/GDP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#GDP</a> has not grown above pre-2014 levels because of Western financial sanctions and its odious <a href="https://noc.social/tags/kleptocracy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#kleptocracy</a>. It is not very stable. The exchange rate of the <a href="https://noc.social/tags/ruble" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ruble</a> jumps like a yo-yo. The underlying reason for this is massive <a href="https://noc.social/tags/CapitalFlight" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#CapitalFlight</a>, <a href="https://noc.social/tags/Russia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Russia</a>’s exclusion from international financial markets, and its limited liquid reserves. <a href="https://noc.social/tags/Ukraine" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Ukraine</a> <a href="https://noc.social/tags/UkraineWar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#UkraineWar</a> Why the Russian <a href="https://noc.social/tags/Economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Economy</a>’s Luck is Running Out <a href="https://www.themoscowtimes.com/2023/11/21/why-the-russian-economys-luck-is-running-out-a83165" rel="nofollow noopener noreferrer" target="_blank">https://www.themoscowtimes.com/2023/11/21/why-the-russian-economys-luck-is-running-out-a83165</a>

Norobiik @Norobiik@noc.social"The flight of $239 billion from <a href="https://noc.social/tags/Russia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Russia</a> last year, including $13 billion in the pre-invasion month of January, was four times the amount that was pulled out of the country in 2021, according to the analysis." <a href="https://noc.social/tags/UkraineWar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#UkraineWar</a> Russia Loses Record $253Bln in Wartime <a href="https://noc.social/tags/CapitalFlight" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#CapitalFlight</a> <a href="https://www.themoscowtimes.com/2023/07/24/russia-loses-record-253bln-in-wartime-capital-flight-a81948" rel="nofollow noopener noreferrer" target="_blank">https://www.themoscowtimes.com/2023/07/24/russia-loses-record-253bln-in-wartime-capital-flight-a81948</a>

Kevin Karhan :verified:<a href="https://mastodon.social/@atomicpoet" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@atomicpoet</a> <a href="https://venera.social/profile/fediversenews" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@fediversenews</a> tbh I can understand instances blocking <a href="https://mstdn.social/tags/Bitcoin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Bitcoin</a> <a href="https://mstdn.social/tags/fanboys" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#fanboys</a> for being <a href="https://mstdn.social/tags/cringe" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#cringe</a> cultists that refuse to accept their <a href="https://mstdn.social/tags/shitcoin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#shitcoin</a> only works for <a href="https://mstdn.social/tags/CapitalFlight" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#CapitalFlight</a> and <a href="https://mstdn.social/tags/MoneyLaundering" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#MoneyLaundering</a> for ultra-rich... <a href="https://youtu.be/YQ_xWvX1n9g?t=430" rel="nofollow noopener noreferrer" target="_blank">https://youtu.be/YQ_xWvX1n9g?t=430</a>

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