For want of doubt, consider what has happened to one of the shiny objects in the crypto space in recent weeks. We are referring to a financial product aptly called “Fartcoin”, which is a newly minted cryptocurrency most assuredly worth $0.000. That is, it pays no interest or dividend, earns nothing, has a zero use case and exists solely to absorb some of the oceanic volume of speculative credit the Fed has unleashed upon the financial system.
Nevertheless, in a matter of weeks Fartcoin has skyrocketed from an initial market cap (ICO) of $3 million on October 18 to a recent peak of $1.5 billion on January 3rd. That’s a 510X gain in barely 70 days, including weekends and Christmas.……Fartcoin is now worth more than around 1,000 companies in the Russell 3000 Index, — companies with products and services, many of which are generating cash, others that are on a path to generating cash.
“Biggest Transnational Crime Group on Earth”: Why Canada Must Break Free From China
A group of top national security experts is sounding the alarm: Canada’s relationship with the Chinese Communist Party (CCP) has crossed from economic engagement into a full-blown democratic threat.
At a Dec. 6 forum in Toronto, former RCMP proceeds-of-crime director Garry Clement called the CCP “the biggest transnational organized crime group ever seen,” warning that Beijing is actively infiltrating Canada’s political, business, and cultural institutions. Through the United Front Work Department, the CCP co-opts elites, business leaders, community organizations, and media outlets—while intimidating and surveilling dissidents “on a daily basis.”
Clement also linked Beijing to the fentanyl crisis, saying the CCP could shut down precursor shipments to Canada “if they really wanted to,” but instead allows the flow as a form of “disruptive warfare,” echoing the tactics of the Opium Wars....
