Americans Are Getting Behind On Their Debts At A Very Frightening Pace

Hong Kong And The Quiet Rewiring Of The Dollar System Authored by Peter C. Earle, Ph.D, Hong Kong’s decision to move forward with its first stablecoin issuer licenses may prove to be about far more than digital payments. With HSBC and a Standard Chartered-led venture among the first approved issuers under the Hong Kong Monetary Authority’s new framework, the city is placing major regulated banks at the center of the next phase of monetary technology. Stablecoins remain overwhelmingly USD- and US Treasury-denominated, with more than 90 percent of the market’s roughly...

Trump Sending 5,000 Additional Troops To Poland, After Same Number Reduced From Germany President Trump announced in a post on Truth Social late Thursday that he will send 5,000 additional troops to Poland, which has raised a lot of questions and introduced some level of confusion, given this is precisely the same number of troops the Pentagon has announced it plans to pull out of Germany. "Based on the successful Election of the now President of Poland, Karol Nawrocki, who I was proud to Endorse, and our relationship with him, I am pleased...

Newsom Says He's Like Blacks Because He 'Can't Read' And Got Low SAT Score California Governor Gavin Newsom (D) needs to work on his pandering skills - after telling a crowd of black people that he's just like them because he can't read and got a low SAT score.  "I’m not trying to impress you, I’m just trying to impress upon you, ‘I’m like you. I’m not better than you.’ I’m a 960 SAT guy," Newsom told Atlanta Mayor Andre Dickins during a Sunday night event promoting his new book.  "And I’m not...