Video yükleniyor...

Video Yüklenemedi

Ana Sayfaya Dön

Trump thinks that tariffs can replace income tax. Let’s do the math: 🔹US individual income tax: $2 trillion 🔹US imports of goods: $3 trillion So, he needs a 70% tariff on ALL goods. 1. It means massive inflation! 2. Imports would plunge, meaning tariff revenue would also go down...

12,583 görüntüleme • 1 yıl önce •via X (Twitter)

0 Yorum

Yorum bulunmuyor

Orijinal gönderinin yorumları burada görünecek

Benzer Videolar

🧵 Why China Does Not Want War With the United States—Even If It Has Military Supremacy It is becoming increasingly clear that China now holds a decisive military edge in many areas over the United States. It has built a war machine optimized for network-centric warfare, outpacing the U.S. in electronic jamming, long-range missile precision, radar integration, and regional air dominance. It can deny access, blind satellites, and overwhelm fleets. But military supremacy doesn’t mean recklessness. China has the ability to win battles. But it has no interest in starting a war—because it understands the cost of victory might be national suicide. Let us begin with a basic truth. China is not self-sufficient when it comes to economic demand. Its internal market is still maturing. Who feeds the Chinese people economically? The answer is: the world—especially the rich, Western world. China’s total foreign trade in 2024 hit 43.85 trillion yuan (~US$6 trillion), with exports accounting for 25.45 trillion yuan (~US$3.47 trillion). This figure is often downplayed by critics who claim “exports only represent around 18–30% of China’s GDP.” But such figures miss the structural importance of exports: they power the coastal provinces, which in turn power the entire nation. The bulk of China’s industrial and export muscle is concentrated in six coastal provinces: 1. Guangdong (~US$888 billion exports) 2. Zhejiang (~US$532 billion) 3. Jiangsu (~US$518 billion) 4. Shandong (~US$272 billion) 5. Shanghai (~US$255 billion) 6. Fujian (~US$167 billion) Together, these provinces account for the majority of China's exports. They are also home to China’s largest ports—Shenzhen, Shanghai, Ningbo, Qingdao—which function as lifelines for both imports and exports. Once war breaks out, these ports will shut down—either by enemy blockade, missile strikes, or insurance collapse. That means factories stop, logistics freeze, and tens of millions are thrown into unemployment. Some believe China can pivot to trade with the Global South—BRICS, Belt and Road nations, Africa, Latin America. It’s a comforting illusion. Here’s the problem: China mainly imports resources from the Global South—oil, gas, lithium, bauxite, copper, iron ore—not finished goods. It uses these to manufacture high-end products. But who consumes these products? The West. In 2024: Exports to the United States totaled 3.73 trillion yuan (approx. 514 billion USD) Exports to the European Union: 3.68 trillion yuan (approx. 508 billion USD) Exports to Japan and South Korea: over 1.5 trillion yuan combined (approx. 207 billion USD) - ASEAN nations were the top partner bloc, but much of this was processing trade with end-markets in the West This adds up to nearly half of China's total exports going to Western or high-income markets. These are the only markets with the income level and consumer appetite to absorb the full output of Chinese industry. Remove them from the equation—and the entire chain collapses. Here’s how a war, or even a serious blockade, would detonate the economy: 1. Western demand disappears 2. China stops exporting to Europe, the U.S., Japan, South Korea. 3. China no longer needs to import energy, iron ore, or copper from BRICS and the Global South 4. Global South trade drastically drops—because there’s no downstream use 5. Coastal factories go silent 6. Wealth stops flowing inland 7. Domestic consumption drops 8. Local governments collapse under fiscal pressure 9. Unemployment skyrockets 10. Social unrest erupts That’s the chain reaction. It would a few months, not years. Despite all efforts to de-dollarize, to promote RMB trade, to build an alternative system—this is still a Western-centric global economy. Even in 2024, over 59% of Chinese exports were mechanical and electrical products—designed for Western consumers, not subsistence economies. 👇

America-China Watcher

25,099 görüntüleme • 1 yıl önce

Iran war, day 68 summary! Trump’s blockade fails, his tariffs are deemed illegal again so he doubled down on stupid! How did Trump fail again today? -Saudi and Kuwait blessed operation freedom 2.0 -Trump tried to physically reopen the SOH and failed. -He thought he could get away with striking an Iranian oil tanker. -found out the hard again that the U.S. is a paper tiger! 1. America fired at an Iranian oil tanker. 2. IRGC Navy responded by firing on 3 U.S. warships. They fled. 3. U.S. then strikes launch origin points in Qeshm and Bandar Abbas. 4. After Trump’s disaster operation, he claims the ceasefire is still on How did the US & UAE coordinate their attacks on Iran today? -Reliable sources: US terror destroyers were struck and possibly destroyed. -kosher media will cover this up. -Tehran’s air defence systems active! -Iranian State Media Reports Commercial Pier Struck Near Bandar Abbas -Bahman Qeshm pier, part of Qeshm Island at the entrance to the Strait of Hormuz, was struck -Iran took out 2 drones in Bandar Abbas. -attacks done by UAE -joint U.S-Emirati operation, with American logistics backing. -Israel immediately denied involvement -the kosher mafia lives in perpetual fear How else did Trump fail again today? -Fed trade court ruled Trump's 10% global tariffs are unlawful. -US Supreme Court previously ruled that trump tariffs are illegal. -Trump refunding tariff revenue -so much for those $2k divided cheques Did Trump finally learn a lesson? Rhetorical question -Trump threatened to raise tariffs on the EU if it does not drop tariffs to zero by July 4 How was Trump caught lying again today? -CIA: Iran retains 75 percent of its prewar inventories of mobile launchers -70% of its prewar stockpiles of missiles — Washington Post! -But Trump said Iran has maybe 18-19% of its missile inventory. -and somehow Iran was able to strike and damage 3 U.S. destroyers today Trump keeps lying about gas prices & bragging about the stock market, which only impacts about 10% of Americans. Remains completely out of touch.

Truth_teller 🇷🇺

10,617 görüntüleme • 2 ay önce

NEW: Is a Never Trumper White House health advisor who is the brother of the Trump appointed US Surgeon General committing Tax fraud? I’m very concerned about the The White House’s decision to not only nominate Casey Means, MD as the US Surgeon General, but to also have her brother Calley Means, who has a long history as a Never Trumper, working in the position of health advisor in the Trump admin under Robert F. Kennedy Jr. Did you know that Calley's company, TrueMed Anthony J Milio provides "letters of medical necessity", from a doctor, tantamount to a prescription, that allow people to purchase health and wellness products TAX-FREE through their HSAs/FSAs? However, there is one big problem. Sources have come to me today to say they believe the letters from True Med are allegedly auto-generated instantaneously, auto signed, and not actually reviewed by a doctor. They are legally required to be reviewed by a licensed doctor to receive a tax deduction. If these claims are true, and the letters are being auto generated as opposed to being reviewed by a doctor, that would be TAX FRAUD! There definitely needs to be an investigation to find out if True Med is autogenerating their “letters of medical necessity". This could create a massive scandal for the Trump admin. We don’t want the Trump admin being accused of having advisors involved in any tax scandals. Bad look! Hope someone investigates soon before the Means siblings tarnish the Trump admin. I hear someone is already working on a big expose… only a matter of time before it drops. Heard it’s going to be with a pretty big Consevative publication too.

Laura Loomer

157,195 görüntüleme • 1 yıl önce

🔥Strategy's STRC is the FIXED INCOME KILLER APP🔥 11% dividends on an annualized basis. PAID MONTHLY. This SMOKES every other traditional fixed income product. And the dividends are ROC, which means they are TAX-DEFERRED. These are NOT taxed as income. Every “safe yield” product in America is the same movie with different actors: You hand them dollars They hand you a coupon Inflation quietly eats the principal You clap because the number went up STRC is a different animal. STRC is what happens when fixed income stops pretending the denominator is stable. Traditional fixed income = yield paid from a system that’s structurally losing purchasing power. STRC = yield funded by a balance sheet that’s actively compounding a harder asset. So yeah, the headline yield matters (11% variable, paid monthly). But the real edge is that your “coverage” isn’t coming from hope, it’s coming from Bitcoin reserves + capital markets machinery. Compare the usual “popular” choices: T-Bills: “Congrats on matching the Fed… until the cuts.” IG corporates: “Enjoy the spread… until credit risk wakes up.” High yield: “You’re underwriting zombies for a few extra points.” Munis: “Great if you’re high bracket… still capped by fiat math.” CDs: “Locked up for a rate you’ll hate in 6 months.” Preferred ETFs: “Equity risk cosplay with bond marketing.” Money markets: “Cash that thinks it’s investing.” STRC is basically: “Here’s a real coupon, and the issuer is playing offense with the treasury instead of praying the CPI gods behave.” Fixed income has been a retirement home for capital. STRC is fixed income with teeth. Not financial advice. I’m just saying the bond market is getting dunked on by a ticker that acts like a money printer stapled to a war chest. $10,000 into STRC vs. traditional fixed income after 20 years: Strategy STRC (11%): $80,623 3-M T-Bill: $20,483 10-Yr Treasury: $22,726 IG Corporate: $25,638 High-Yield Corp: $35,236 AAA Muni: $17,372 Series I Bond: $22,038 1-Yr CD: $22,336 Preferred ETF: $34,386 Gov MMF: $20,208 Fixed income built on Bitcoin is THE FUTURE.

Adam Livingston

61,147 görüntüleme • 6 ay önce

$IREN "we haven't disclosed the specific amount of GPUs" 1. 🤮 reminds me of $NBIS 2. Setting a terrible precedent here for future deals 3. Making it purposely difficult, to not let analysts properly value your 2027 revenue 4. Increasing the polarized view on IREN by the market However: "approximately 60MW of air-cooled Blackwells" 1. You typically don't talk about gross capacity in a deployment like this 2. If it would be gross capacity, the GPU hour rate at IT level would be crazy high (at PUE 1.2, $680m / 50 = 13.6m/MW) 3. At 60MW IT load, and ~14kW draw at DGX server level, we can get to ~4,286 DGX systems with 8 GPUs per. 4. Based on this we can conclude that 60MW of IT load can run approximately 34k DGX B300. 5. 34k DGX B300 at $680m/yr, would represent a GPU hour price of $2.28 Now this is the problem with not disclosing your GPU quantity. You purposely make your business model look bad, because by approach, you get to a GPU hour price that would imply a payback period of 4 years, where only the last year of the contract is 100% margin. But of course, we can also take "the glass is half full" approach. IREN has ordered 50K B300s from Dell. They have 2 purchase orders for this, 1 between Dell Canada and IE CA Leasing Ltd for 4 phases, and 1 between Dell USA and IE US Hardware 1 Inc (amended from IE US Hardware 4 Inc on April 27, 2026). The order for Canada is divided in 4 phases, and are going to Mackenzie for 80MW of gross capacity, which happens to be 4 buildings of 20MW. The order for Childress is divided in 2 phases, and are going to DC35 and DC36, (as depicted in the earnings presentation) and those are 50MW gross. The purchase price of the order for Childress was $1.2B, and for Canada it was $2.3B If we go with 50,000 B300s for a total of $3.5B then $1.2 would represent 34.285% of the 50,000 GPUs, or 17,140 B300s rounded down. For this calculation I will consider that $IREN will deploy 17,140 GPUs in 50MW gross capacity in DC35 and DC36 of block 3 in Childress.. That would imply at 1.2 PUE, IREN can run 17,140 B300s in 41.67MW IT load. Now by that ratio, they can run 24,680 GPUs in 60MW IT load — a massive difference with 34k units through the Nvidia DGX reference calculation. If common sense is applied, you can still get to 2 completely different outcomes, that show a difference of more than 9k GPUs. The GPU hour rate at 24.68k GPUs would be $3.145 per B300, as MASSIVE difference from the earlier calculated $2.28. Sure, the DGX system may be a factor here. And I'm sure that the reality is somewhere in the middle. But I personally hate this as an investor, to be unable to calculate profitability on unit economic basis. After all, contracts are signed on a $/GPU hour basis. Why hide this from your investors? Not being able to calculate payback periods, unable to calculate ROIC. And most importantly, we cannot properly assess the $NVDA deal on a contract basis. I really hope the payback period of this contract is not 4 years. I want the glass to be half full, but by starting to censor the purchases, IREN is taking a step in the wrong direction. Not a fan of this.

Frans Bakker

146,717 görüntüleme • 2 ay önce

Inside Kenya’s Multi-Million Smuggling Web: KRA Officials, Dual Citizen in High-Stakes Tax Evasion Syndicate A major tax evasion and smuggling scandal is unfolding in Kenya, placing senior officials from the Kenya Revenue Authority (KRA) under intense scrutiny alongside a Kenyan–US dual citizen accused of orchestrating a sophisticated contraband network that could expose deep-rooted weaknesses in the country’s customs enforcement systems. According to sources familiar with the investigation, detectives from Interpol have launched a probe into an elaborate scheme involving the importation and illegal clearance of goods into the Kenyan market. The operation allegedly exploited loopholes within customs systems and involved collusion with insiders, pointing to what investigators fear could be a well-organized cartel operating across borders. The mastermind, Peter Mwaniki Maina, is now on the police radar alongside his second wife, Stacy Wangari Njiri. Njiri is believed to be the key figure handling the local operations of the syndicate both have been advertising the company Arisilva logistics on different social media outlets. She reportedly resides along the posh Kiambu Road in a house allegedly purchased by Mr. Maina, from where authorities suspect coordination of logistics, storage, and distribution of the smuggled goods has been taking place. How the Scheme Allegedly Worked Investigations reveal that a suspicious container—number MAGU5438993 was cleared through the Compact Special Economic Zone (SEZ) in Nairobi under questionable circumstances. The clearance is said to have been facilitated by senior KRA officials within the verification department, raising serious concerns about internal controls and possible compromise of key clearance procedures. However, in a dramatic twist, internal whistleblowers within KRA reportedly leaked the irregularities to the Commissioner General’s office. Acting swiftly, enforcement officers tracked and seized the container while it was being offloaded at Viken Thirty Industrial Park in Kamakis, Nairobi an operation that insiders describe as a “near miss” in stopping what could have been a massive circulation of contraband into the Kenyan economy. Authorities say the shipment, valued at millions of shillings, contained undeclared goods. Even more alarming are suspicions that the consignment may have included counterfeit products and possibly illicit substances, widening the scope of the investigation from tax evasion to potential public health and safety risks. A Growing Pattern of Smuggling Through Kenyan Ports This case highlights a broader and persistent challenge facing Kenya’s trade and border control systems. The Kenya Ports Authority (KPA), particularly the Port of Mombasa, has long been identified as a critical entry point vulnerable to contraband smuggling despite increased surveillance and digitization efforts. Over the years, authorities have intercepted a wide range of illegal imports, including: * Counterfeit electronics and textiles flooding local markets and undermining legitimate businesses * Untaxed luxury goods falsely declared as household items to evade customs duties * Restricted pharmaceuticals and narcotics posing serious health and security threats * Vehicles imported under the “returning residents” scheme using falsified documentation Experts note that criminal networks often exploit tax exemptions, insider collusion, and weak verification mechanisms. In some cases, forged passports are used to falsely qualify for tax waivers, while bribery within clearance chains enables goods to pass undetected through official systems. The Alleged Mastermind At the center of the investigation is a Kenyan national with dual US citizenship, accused of running a highly coordinated smuggling ring with both international and local linkages. Detectives believe the suspect used fake identities and manipulated the “returning residents” tax exemption scheme to evade millions in taxes while maintaining a low profile behind legitimate-looking business operations. Authorities further allege that close associates, including Njiri, played a crucial role in logistics overseeing the deconsolidation, storage, and redistribution of goods into local markets. Social media platforms were also reportedly used to promote a logistics company linked to the network, helping to mask illicit operations under the guise of legitimate trade. A Potential Transnational Crime Case Investigators now believe the case could extend far beyond Kenya’s borders, describing it as a possible multinational smuggling syndicate with links to international supply chains. The involvement of Interpol signals the seriousness of the probe and raises the likelihood of coordinated cross-border arrests and asset tracing. If proven, the suspects could face serious charges under international law, including tax fraud, organized crime, and trafficking of illegal goods offenses that carry heavy penalties and could trigger extradition proceedings.

Cyprian, Is Nyakundi

112,321 görüntüleme • 3 ay önce