Americans have $1.14T in credit card debt. US Govt has $35T in debt. No worries, I hereby forgive it all. Average consumer now carries $6,329 in credit card debt. 'People are stretched'

CNBC

Average consumer now carries $6,329 in credit card debt. 'People are stretched,' expert says

Americans are racking up credit card debt and increasingly falling behind on their payments, recent reports show.

That’s a lot of Rat Poison!

We can always use a reminder of the beauty of the planet we are all part of.

On the one hand, nation-states contemplating using BTC as a reserve asset is an obvious sign of growing acceptance and adoption and so is positive. On the other hand, if the potential for the power behind a large store of BTC leads to a repetition of exploitative, extractive, and war-mongering policies, it will not “fix the money, fix the world.” We need to base the creation of a new system on universal principles to create a freer, fairer, and more peaceful world. This is the principal thesis of my upcoming book.

Always informative and enlightening. View quoted note →

“Bitcoin offers the potential to free ourselves from the parasitic financial leeches draining the lifeblood from the economic body of humanity.” Quote from my upcoming book.

Despite Dr. Seuss, Goolsebee and gang will fix it all.

The Fed’s job is to maximize shareholder value. Oh yeah, only banks are shareholders. The rest of us, we’re the pawns.

Peach the size of a softball!

Beautiful Madeira!

Any ideas what they could add to the portfolio to help?

The mountains of Madeira.

Turning off the spigot of unrestricted financing of the military industrial complex by US’s debt privilege under the Petrodollar system can fuel a more peaceful world. View quoted note →

Bitcoin rising over Madeira. Photo credit Denise Dolan.