Great article! 👍 #trump #Europe | Cryptomaniac25 on Binance Square

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Great article! 👍#trump #Europe 

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Breaking News! ABC interview with Larry Summers who says Trump's accusations of manipulated jobs numbers are ‘preposterous’ Summers also criticized the firing of a top Bureau of Labor Statistics official. Also, during the interview: On Trump's bashing of Fed Chair Jerome Powell Stephanopoulos: Adding to that uncertainty is the president's campaign against Jerome Powell, the head of the Federal Reserve, saying he's been a 'moron,' I think was the word the president used for not lowering interest rates so far. What's the impact of that? Summers: Look, I think that this kind of political Fed-bashing is a fool's game. The Fed doesn't listen. So, short-term interest rates aren't going to be different because of it. The market does listen. So, longer-term interest rates are going to be higher, which is going to make it more expensive to buy a house. This is hurting the economy, not helping. “I think the president understands that. And what the president is doing is recognizing that for all kinds of reasons, of which his policies are very important ones, the economy's got a lot of risk, and he's looking to set up a scapegoat if the economy performs badly.”

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🍌rules! 🤣

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$SOL Looks like #Solana⁩ has just retraced 61.8% of the last up movement. That’s a healthy consolidation and might be the turning point for the next leg up (?). 🤞🙂

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Sunday night special (maybe off topic?). Here are some excerpts of the best article I read today: ‘Self-termination is most likely’: the history and future of societal collapse. (A book review.) ********************************************* I’m pessimistic about the future,” he says. “But I’m optimistic about people.” Kemp’s new book covers the rise and collapse of more than 400 societies over 5,000 years. “Today’s global civilisation, however, is deeply interconnected and unequal and could lead to the worst societal collapse yet, he says. The threat is from leaders who are “walking versions of the dark triad” – narcissism, psychopathy and Machiavellianism – in a world menaced by the climate crisis, nuclear weapons, artificial intelligence and killer robots.” “Inequality does not arise because all people are greedy. They are not, he says. Instead, it is the few people high in the dark triad who fall into races for resources, arms and status, he says. “Then as elites extract more wealth from the people and the land, they make societies more fragile, leading to infighting, corruption, immiseration of the masses, less healthy people, overexpansion, environmental degradation and poor decision making by a small oligarchy. The hollowed-out shell of a society is eventually cracked asunder by shocks such as disease, war or climate change.” “The three most powerful men in the world are a walking version of the dark triad: Trump is a textbook narcissist, Putin is a cold psychopath, and pres. Xi came to rule [China] by being a master Machiavellian manipulator.” *************************************** If you find this interesting, you may wanna pick up the book!?🤔

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