Opinion
McConnell issues statement on Senate impeachment trial…
McConnell tells colleagues he’s undecided on impeachment, per spokesperson:
“While the press has been full of speculation, I have not made a final decision on how I will vote and I intend to listen to the legal arguments when they are presented” to Senate.
No Senate impeachment trial until after Trump leaves office.
Opinion
Jim Jordan masterpiece on House floor…
“Nineteen minutes into Trump’s administration at 12:19pm the Washington Post headline was “The campaign to impeach President Trump has begun”…Now with just one week left they are still trying.”
Economy
Bitcoin Is Unlike Any Other Bubble We’ve Seen So Far
(Bloomberg) — While the jury is still out on whether Bitcoin is a bubble, one thing is certain: it’s unlike any other bubble we’ve seen.
Source: Bloomberg
Previous speculative asset-inflation episodes were either a one-off, like tulip mania in the 17th century, or the boom-doom cycle took many years, like gold. Bitcoin, by comparison, has survived three peak-to-trough drawdowns of over 80% in less than 10 years. The cryptocurrency surged past $40,000 last week to set an all time high. It has fallen more than 15% since then.
Man Group, the world’s biggest publicly traded hedge fund firm, compares Bitcoin to Prometheus in Greek mythology, whose liver keeps growing back, every time a giant eagle pecked it out.
“Every time a Bitcoin bubble bursts, another grows back to replace it,” Man Group’s analysts wrote in a note dated Jan. 12. “This very frequency makes the Bitcoin narrative somewhat atypical relative to the great bubbles of the past.”
Here’s a table of some financial bubbles compiled by Man Group:
Read More:
Bitcoin’s Biggest Plunge Since March Shakes Faith in Crypto Boom
Bitcoin’s Wild Weekends Turn Efficient Market Theory Inside Out
Bitcoin’s Slide Dents Price Momentum That Dwarfed Everything
Department comes out with a stunning document after a recent power outage- Texas ordered by Department of Energy to turn off power.
CNN paid $35,000 To Left-Wing Activist For Footage Of Fatal Capitol Shooting…
Rush Limbaugh Dead at Age 70… Talk radio pioneer dominated decades…
Evidence shows ANTIFA being escorted into DC by police ahead of Jan. 6th MAGA Stop The Steal rally…
The voting software that was seized in Germany by the U.S. Military shows a Trump landslide, 410-128!
MSM COVER UP: Video shows BUSLOAD of ANTIFA infiltrating peaceful TRUMP PATRIOT PROTEST… FALSE FLAG EXPOSED!
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Local News4 months agoEvidence shows ANTIFA being escorted into DC by police ahead of Jan. 6th MAGA Stop The Steal rally…
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Politics6 months agoThe voting software that was seized in Germany by the U.S. Military shows a Trump landslide, 410-128!
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Opinion4 months agoMSM COVER UP: Video shows BUSLOAD of ANTIFA infiltrating peaceful TRUMP PATRIOT PROTEST… FALSE FLAG EXPOSED!
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World News4 months agoBlackout in multiple cities in Iran.
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World News5 months agoVIEW or DOWNLOAD FULL CCP LEAK: Complete List of 1.9M Members of Chinese Communist Party
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Politics4 months agoBREAKING: Democrat donor and Biden supporter, Gang Chen was arrested for illegally selling secrets to China while employed by MIT. The professor received $19M from the Obama administration and $29M from the Chinese Communist Party.
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Politics6 months agoTRUMP SAYS “I EASILY WIN” COUNTING LEGAL VOTES, MEDIA DECLARES BIDEN THE VICTOR, COURT BATTLE ENSUES…
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Politics6 months agoSidney Confirms Dominion sever was seized in Germany during a military raid.