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0 sats \ 0 replies \ @ExponentialBTC 28 Jul \ parent \ on: How Many Countries Will Exist in 100 Years? AskSN
Yup.
Texas is mostly unified, and their Fed district is nearly entirely the one state.
Texas seceding from the U.S. entirely would not be surprising. And a lot sooner than 100 years from now.
California is not unified. And they are only one of 9 states in that Fed district.
I could see a handful of counties in SoCal (San Diego, Orange County, and some or all of the Inland Empire (Imperial, Riverside, San Bernardino) seceding from the State of California, but staying within the U.S. yet. But for 100 years from now though, a lot could change.
We are witnessing the slye roundabout way of making the Fed less and less relevant and perhaps ultimately defunct.This is the real reason Scott Bessent wants stable coins. He gets to be in control of the money supply and ultimately the interest rates.
That connects some dots in a way I hadn't considered before.
There are more details in this ZeroHedge article: https://www.zerohedge.com/markets/trump-exempts-computers-handsets-chips-reciprocal-tariff-blitz
Just noticed that earlier there was this BBC article:
#941492
Living paycheck to paycheck means the funds from the one check are depleted by the time the next paycheck is received. For some, I suppose, they have part of their check go to retirement savings.
But the term generally refers to those where, if the next check doesn't come, life gets difficult. Fast.
These people don't have savings -- they live off their income, and have little-to-nothing to cover an emergency, nonetheless being able to get by for a while if the next check didn't come because of a layoff, or similar.
"Tether"-ed to the Titanic
Yes.
Unlike physical notes and coinage, Tether works just as well when you need 8,000 of them for a burger as $8 of them.
Though when that time comes, if a typical person can still justify the expenditure for a burger, I wouldn't know.
Firstly, this article is nearly a month old now. Though I wouldn't doubt that current numbers show little has improved on the spending front.
Secondly, everybody knows the saying: change is hard. But change is also expensive (in one form or another).
I know many of the actions (cuts) taken so-far have been spot-on based on my personal anecdotal evidence (i.e., from those with the most hatred towards "Elon Mussolini", which is what I've heard them refer to him as).