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"many Fed cuts-a-coming" Michael Hartnett on fiscal dominance driving interest rate policy: "US national debt up >$1tn YTD to >$35tn; interest payment on debt set to rise to $1.4tn by Jul'25 given debt dynamics if rates unchanged… even if Fed cuts 200bps (2%) interest payments rise to $1.2tn; reversal of fiscal impulse (US govt spend -5% YoY) + cost of debt = many Fed cuts-a-coming."

BREAKING REPORT: ⚠️ Hackers may have stolen the Social Security numbers of every American. Initial reports indicate 2.9 BILLION records were compromised. Teresa Murray, the consumer watchdog director for the U.S. Public Information Research Group, warned that the breach, which contains Social Security numbers and other sensitive information, could lead to a surge in identity theft, fraud, and other criminal activities. “If this in fact is pretty much the whole dossier on all of us, it certainly is much more concerning” than prior breaches, Murray said in an interview. “And if people weren’t taking precautions in the past, which they should have been doing, this should be a five-alarm wake-up call for them.” per L.A times

A major cyberattack has hit Iran today, impacting the Central Bank and many other national banks. People are currently unable to withdraw money from ATMs. The ATMs are displaying a message that says: "You can't withdraw your money because it was used by the Iranian government for terrorism and wars."

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From the art of war 😂

Il never understand why so many Jews change their names 🤔

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True then ,true now

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