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Current News and Opinions

 

It is glaringly apparent the so called Mexican president is woefully ignorant of the geo politics that would mandate military excursions by the US into Mexico to take out the cartels OBVIOUSLY in bed with most government officials there. China is using fentanyl as a weapon of war against us and if tensions were to boil over between China and the USA then Mexico will become the whipping boy by virtue of what the world knows as government complicity with the cartels in regards to production and distribution. The Pablo Escobar murder 30 years ago showed how effective our military was in tracking these vermin down and cartel leaders have everything to fear if tide turns and we invade to cleanse country of this scourge.And I would venture to suggest the people not in the bosom of the cartels far outnumber the loyalists and would welcome a political and drug distribution and production cleansing out of the nation’s collective criminal DNA, much like the Hussein’s in Iraq in early 1990s.

https://www.msn.com/en-us/news/world/mexico-warns-republicans-about-border-...

Always liked Bill Ackman. Like any successful entrepreneur he has taken some hits at his flagship VC firm Pershing Square Capital where he is CEO but his take here on the SVB banking debacle speaks volumes on where we are at in all of this. Remember a 42B “run” on deposits was all done digitally in 24 hrs,unprecedented,and from what we can garner sparked a snowball effect triggered by the Founders Fund liquating their positions initially on Thursday. This was done after a capital call was made with some difficulty by them prompting a proactive move to protect assets and when word got out in tight knit VC community of the withdrawals the floodgates opened. We believe that this failure is a largely localized event with mild peripheral impacts for most, but not all in that a big reason SVB tanked was it’s targeted reliance on tech and crypto lending, an area shunned by most banks to this degree.Scares us that this seemingly unintended “move” to preserve assets morphed into this frenzy showing our enemies how a similar “situation” could be used to buckle our financial system. With the glaringly obvious disparity in bond prices being held in the banking industry as a whole outside of the more insulated big banks (some 625B by some estimates) it is food for thought going forward

Bill Ackman @BillAckman The gov’t has about 48 hours to fix...