The “”markets”” are up. Why the double quotes? Because they have been corrupted.

@federalreserve jams them (along with other central banks) because they are certain that (1) rich people are good and (2) you need to be ‘nudged’ into believing everything is under control and ok

/2 Notice the pattern in the chart above? The ecosystem of corruption loves to jam stock futures in overnight ""markets"" to create a big blast of fake buying to stimulate organic buying. These rallies are 100% fake. But the damage they do to us all is very real.

/3 Each green arrow is a big blast of fake buying at the open and has exactly nothing to do with anything real. It's fake as shit. Except when it comes to insiders lining their own grubby, greedy pockets and corroding the social contract. Those effects are very real. #BadEnds

Originally tweeted by Chris "Early Treatment" Martenson, PhD (@chrismartenson) on December 6, 2021.

Sensing Biden Inflation Weakness China Hits U.S. Supply Lines With Shipping Cargo Quarantine

When you are at war, you target the enemy supply lines.  A cunning move by the smart Panda targets Joe Biden’s domestic inflation vulnerability.

Beijing can see Joe Biden under internal political attack caused by massive domestic inflation.  China also knows Biden is weak strategically, handcuffed by the leftist demand for climate change / energy policy, and Beijing can see the administration trying to deflect from the consequences of their economic and energy policy.

After the U.S-China summit, used by cunning panda to size up the potential for backlash, anything China can do to further gain dominant position is now just a matter of easy chess moves on the board of dependency.

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Don’t Be Surprised When Trump’s Digital World Acquisition Corp. Stock Rockets Skyward

In an age where polarization is king, Digital World Acquisition Corp. (NASDAQ:DWAC) stock makes a lot of sense. 

The special purpose acquisition company (SPAC) has agreed to merge with former President Donald Trump’s social media venture, Truth Social

Truth Social is extremely interesting in and of itself. Essentially, investors who believe in its cause should have plenty of reason to consider purchasing DWAC shares. 

Trump Media & Technology Group has merged with Digital World Acquisition Corp. in order to create the Truth Social network.

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‘This one is next’ — here’s why WallStreetBets founder Jaime Rogozinski is tapping Trump’s new SPAC as the clear meme trade of the day

In late October, shares of Digital World Acquisition Corp skyrocketed from less than $10 apiece to as high as $175 before giving up some of the gains.

DWAC is a special purpose acquisition company that plans to merge with a social media company linked to former President Donald Trump.

Trump’s SPAC is clearly “a new stock on the menu” for the WallStreetBets crowd, Rogozinski told Stansberry.

When asked about which stocks he thought the forum would ride next, he answered, “I think it’s clear that this one is next and I think it’s going to be a while before they move on to the next one.”

“This is not a short squeeze situation. I believe the move is based off of inherent demand for this thing. There’s a lot of excitement and I think the price speaks for itself.”

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SPAC Short Selling Recap

There were only three SPACs with over $10 million of new short selling over the last thirty days. Digital World Acquisition Corp (DWAC), which is taking former President Trump’s social-media venture public, made up the majority of SPAC short selling. We saw DWAC’s short interest increase by $318 million as its stock price rose +581% in October.

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Digital World Acquisition Corp.: Date of Report (Date of earliest event reported): October 20, 2021

On October 20, 2021, Digital World Acquisition Corp., a Delaware corporation (the “Company”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with DWAC Merger Sub Inc., a Delaware corporation and a wholly-owned subsidiary of the Purchaser (“Merger Sub”), Trump Media & Technology Group Corp., a Delaware corporation (“TMTG”), ARC Global Investments II, LLC, a Delaware limited liability company, in the capacity as the representative for certain stockholders of the Company, and TMTG’s Chief Legal Officer, in the capacity as the representative for stockholders of TMTG. Pursuant to the Merger Agreement, and subject to the terms and conditions set forth therein, upon the consummation of the transactions contemplated thereby (the “Closing”), Merger Sub will merge with and into TMTG, with TMTG surviving as a wholly-owned subsidiary of the Company (the “Business Combination”), and with TMTG’s equity holders receiving shares of the Company’s common stock.

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DWAC information. ABN

Additional information: https://www.sec.gov/Archives/edgar/data/1849635/000110465921128231/tm2130724d1_8k.htm

Banks warn that ‘Americans from all income levels’ will still be snooped on by IRS if Biden raises annual threshold from $600 to $10,000

The banking groups lauded the administration’s ‘good-faith attempt’ to make sure all Americans pay the taxes they owe, but wrote: ‘our members, and the American people, believe that they have a reasonable right to privacy and this overly broad proposal to report gross annual inflows and outflows from nearly every account is disconnected from its purported narrow purpose of focusing government scrutiny on Americans with actual income above $400,000.’ 

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Evergrande falls further pulling more companies down the drain

After weeks of being halted for trading since the last day of September, on Thursday trading in shares of China’s most insolvent property developer, Evergrande, resumed. In retrospect, it was not a great idea.

Evergrande shares slumped as much as 14.2% after the debt-strapped developer sought unsuccessfully to sell a controlling stake in its property management business. The collapse of talks to sell the 50.1% stake in Evergrande Property Services to Hopson Development Holdings for 20.04 billion Hong Kong dollars ($2.58 billion), revealed in an exchange filing late Wednesday evening, ratcheted up the odds that Evergrande will default on an offshore bond this weekend when the 30 day grace period expires on an offshore bond coupon payment that was due a month ago and was never paid.

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