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Author: Leslie Stewart
Elon Musk said at Joe Rogan’s show last week that Social Security is “the biggest Ponzi scheme of all time.”garbage. In the Ponzi scheme, CON artists lure investors into fake investment projects, pocket cash, then have new “investrs” collect cash on the old ones. The suction cup remains with a worthless bag.Social Security is not a Ponzi scheme. This is a very efficient part of the American social safety net and the opposite of the Ponzi scheme. That’s why the vast majority of Americans are against cutting it.Social Security is a “pay for you to go” program. Current workers fund…
HONG KONG – North Korea once again closed its borders and halted foreign tourism weeks after the secret state welcomed Western visitors for the first time in five years.North Korea sealed its borders in early 2020 at the start of the 2020 pandemic and gradually lifted restrictions in mid-2023.The first tourists were a group from Russia and entered the country in February 2024, while the first international visitors from other countries, including the UK, Canada, France and Germany, arrived in North Korea for the first time last month.Visits from the Western Group were limited to Layson, a remote northeastern city…
A Wisconsin teenager was arrested in Iowa and is more than 800 miles from the home where his mother and stepfather were murdered, authorities said Tuesday.Wakeney Police Chief Michael Romero said in a statement that the boy was stopped at 11:25pm in Wakeney, Iowa, and at 11:25pm on Friday.”Subjects were detained without further incidents. Subjects were identified and it turns out that a juvenile from Wisconsin was wanted,” Romero added. “The subject is someone interested in double murder, which the Wisconsin Sheriff’s Office is still under investigation.”Romero refused the driver’s name, but Waukesha County prosecutors identified the teen as a…
US President Donald Trump will present a signed executive order on cryptocurrency at his elliptical office in the White House, Washington, on January 23, 2025. Kevin Lamarck/Reuters In his true social account, Donald Trump promised on Sunday, March 2nd that the US is moving forward with the creation of a US “strategic reserve” in cryptocurrency. It has already been thought of several times since the election swing in 2024 in favor of these assets, but the president is now giving the first concrete details. According to Trump, the US reserve is made up of “valuable cryptocurrencies.” Among them are XRP,…
CSU Chairman and Bavarian President Friedrich Merz, Chair of the CDU/CSU, Chair of the CDU/CSU Parliamentary Group, Chair of the CDU/CSU Parliamentary Group, Chair of the CDU, Markus Söder (LR), Chair of the CDU, Chair of the CDU, Lars Klingbeil, Chair of the SPD Parliamentary Group, Chair of the SPD Party and Chair of the SPD, Chair of the SPD, Chair of the SPD, Chair of the SPD, Chair of the SPD, Chair of the SPD, Chair of the Lars Klingbeil, Press Conference on Exploratory Consultations between the CDU/CSU and the SPD.Kay Nietfeld/DPa | Photo Alliance | Getty ImagesGermany’s future…
Disclosure: The opinions and opinions expressed here belong to the authors solely and do not represent the views or opinions of the crypto.news editorial. The AI agent is on the way. In the first few months of the year, the field has had a wave of investment and excitement, with autonomous assistants committing to taking on more personal and professional tasks. From trading partners to scientific researchers, the applications are extensive. However, there is an important gap between promise and performance. Agents are as capable as data they can access. This data is often drawn from a patchwork of siloed,…
HONG KONG – The Hong Kong-based conglomerate has agreed to sell two Panama Canal port stakes to US and Swiss investors amid pressure on port ties from the Trump administration with China.CK Hutchison, a conglomerate founded by Hong Kong billionaire Li Ka-shing, agreed, in principle, to sell control stakes in units that operate the two ports in a consortium, including US asset manager BlackRock.President Donald Trump had argued that the Chinese-backed ports at the Pacific and Atlantic entrances of the canal pose a national security threat as they gave China’s military potential over the strategically important canal. CK Hutchison said…
People will shop at a supermarket in Manhattan Borough in New York City on February 20, 2025.Charlie Tribrorow | AFP | Getty ImagesAccording to Gregory Daco, chief economist at Ey-Parthenon, consumers are sure to face higher sticker prices as businesses prepare to pass the rising costs to buyers from tariffs.In an EY survey of 4,000 executives, nearly half said they were willing to pass two-thirds of their additional costs from tariffs to their customers. More than three in ten participants were willing to go a step further and give shoppers more than 90% of their additional costs, polls found.Observations from…
ESPN’s Discussion and Discussion Show, which has been a staple of sports networks for over 23 years, announced on Tuesday that it will air its final episode on May 23rd. The program premiered on November 4th, 2002 by host Max Kellerman and produced over 4,900 episodes. After Kellerman left ESPN to Fox Sports, Tony Reali took over in 2004 and has been at the helm ever since. “There’s been an astounding run around the corner for over 20 years. David Roberts, executive VP of ESPN and executive editor of Sports News and Entertainment, said in a statement. “We are particularly…
The trader works on the floor of the New York Stock Exchange (NYSE) in the financial district of New York City on March 4, 2025. Timothy A. Clary | AFP | Getty ImagesThe fear of growth in the economy is accompanied by concerns about a revival of inflation, which could potentially rekindle an ugly state the US has never seen in 50 years.Fear of “stagflation” has arisen as President Donald Trump appears to be determined to slap tariffs on those that come to the country while multiple indicators point to pullbacks of activity.The double threat of higher prices and slower…