BitHouden's profile picture. Financial investigator interested in macro economics, cybersecurity, investing, China and politics.

Houden

@BitHouden

Financial investigator interested in macro economics, cybersecurity, investing, China and politics.

The old, “you owe me one” appointment.

On David Johnston, @JustinTrudeau in 2017: "I've known (Johnston) since I was a kid... getting to know someone as a family friend or a friend of your father's is very different from having the honour of working alongside them." #cdnpoli #ccp #ufwd youtu.be/02XXRCXvu8g?t=…

bobmackin's tweet card. David Johnston says he has ‘cherished’ being Governor General

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David Johnston says he has ‘cherished’ being Governor General



Looks like the banking crisis was contained the same way inflation was transitory.


Barney Frank defends role at Signature Bank: ‘I need to make money’ - FT


Good point, a fully backed bank leads to an outflow of deposits from other banks. @CaitlinLong_

We need a "Vanguard" version of checking accounts. Stores all deposits at Fed, processes payments & transfers, passes all interest on to depositors, after tiny fee. Eminently do-able, but Fed will not allow it, b/c would cause bank runs everywhere else. bloomberg.com/opinion/articl…



Cool move, but Shopify lawyers …

Email we just sent to affected Shopify merchants

tobi's tweet image. Email we just sent to affected Shopify merchants


My guess, if the only thing that broke was a couple banks, then they backstopped “all” deposits for every bank and settled things, they can keep raising rates. Nothing that bad broke yet.


If the US gov is prepared to initiate a banking crisis to try to kill crypto, it speaks volumes to how petrified they are of crypto. Crypto has gone from irrelevant for them to threatening the dollar and US financial system.


Shareholders of the bank should sue the government.

We just got confirmation, from an insider, that regulators are executing a plan to kill crypto. Barney Frank told Bloomberg Radio today that: 1. Signature Bank was shuttered because the regulators "wanted to send a message to get people away from bloomberg.com/news/articles/…



It’s a special financial operation.

So effectively QE is back, however you are not allowed to call it QE?!



The Canadian government is paying Twitter to advertise to Canadians on how to make a newcomer to Canada feel welcome. 1) We know how to make someone feel welcome. 2) Stop wasting taxpayer money.

Everyone can help build more welcoming communities for newcomers. Where could you get involved to make your neighbourhood a better place? Give a warm welcome: bit.ly/EN-Charitable-…



Qudos to those who submitted the wires on Friday.

3) Wires that were received by SVB before 8am PST Friday will be honored and should begin to be processed as of Monday morning as well.



$2.5 mil to promote Beijing’s agenda in Canada.

Senator @yuenpauwoo with China’s Deputy Consul Gen. Wang Chengjun in Vancouver in 2021. The Trudeau appointee celebrated his 60th birthday March 2. Should he remain in the senate for the next 15 years, he’ll receive total gross pay of at least $2.467 million. #cdnpoli #ufwd #ccp

bobmackin's tweet image. Senator @yuenpauwoo with China’s Deputy Consul Gen. Wang Chengjun in Vancouver in 2021. The Trudeau appointee celebrated his 60th birthday March 2. Should he remain in the senate for the next 15 years, he’ll receive total gross pay of at least $2.467 million. #cdnpoli #ufwd #ccp


No longer ‘hiding in plain sight’, he is now just ‘in plane sight’. “Beijing-friendly Liberal politician calls for inquiry into CSIS”. nationalpost.com/news/canada/mi…


“Always”

BitHouden's tweet image. “Always”

Shit.

JP Morgan is a fortress



Ok, but Binance banks somewhere too…

They FUD us, and banks fail. 🤷‍♂️



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