🇺🇸🇬🇱 | Donald Trump Jr. landed in Nuuk to discuss the possibility of the US buying Greenland

To most, this idea sounds absurd. What's the point?

It's actually incredibly strategic & I believe I've pinpointed why this is likely to happen...🧵

https://x.com/i/status/1876619002258034795/video/1

Greenland is an island territory of the Kingdom of Denmark

Home to 56,000 people, Greenland is the least densely-populated region in the world and the third largest area in North America after Canada and the US

It's also already home to several US military bases

The ongoing saga of Volkswagen is emblematic of a dying Europe. It's worth paying close attention to because it encapsulates many issues surrounding the EU

🧵 Right now, 100k workers (1/3 of VW employees) are on strike as the company is scrambling to cut $11B in costs by next year...

This would include wage-cutting proposals, plant closures. This is in addition to the first German plant closure in the company's almost 90 yr history

DEBT JUBILEE: An ancient practice of hitting the reset button on debts for citizens 💰

What societies used this practice? Do we still have debt jubilees today (and you just don't know about it)?

🧵 Debt jubilees were a common practice in ancient cultures, where debts were forgiven en masse. These practices were designed to provide relief to those burdened with debt and to prevent economic stress on the lower class

How Oil Traders Fueled & Funded the Demise of Gaddafi in the Libyan Civil War 🛢️

How did a British commodity trader completely change the course of the Civil War in Libya and help usher in years of destabilization and endless bloodshed?

🧵 To start, we need to talk about commodity trading. Commodity traders wield an enormous amount of power in the world - & we don’t realize it

The gas to fill up our car, the coffee we drink before work, the metals in our phone… all underpinned by a constant international trade

Some thoughts after Powell/Fed:

Rates going up and Powell made it clear that they're going to fight inflation tooth and nail (bearish for markets)

Stocks nuked into the close today after Yellen said the govt may not be protecting all bank deposits With rates going up, we're going to see more things breaks

Banks, but also the next shoe to drop might be commercial real estate. After covid, CRE has become useless - WFH = less people in the office

Office space isn't needed to the degree it once was

The CIA has a hedge fund where they invest in high-tech companies...

Why does the CIA have its own investment arm to place large sums of cash in tech firms? How much influence does the agency have over these companies?

Time for a thread 🧵 In-Q-Tel (IQT) invests in companies that can deliver useful technology to the intelligence community. But since it's structured as a non-profit organization, it doesn't need to make money back for outside investors, and is funded by the deep pockets of the "black budget."

🚨Did Epstein's Island truly shut down, or did it just move?

There's a lot of weird shit that is slowly coming out in the fallout of #FTX going bankrupt...

🧵 FTX was founded in 2019 and somehow managed to quickly become the biggest name in crypto

Sponsored the MLB and basketball arenas, SBF heavily lobbying members of Congress, his face is all over the place as "the next Warren Buffet"