1/ In @RayDalio's perspective, we are at the very late stages of the long term debt cycle. These long term debt cycles typically take 50-75 years to play out. This cycle began in 1945 when World War II ended and we began the US dollar-dominated world order.

*The Evidence Collection*

There is overwhelming evidence of election fraud. Therefore it is the duty of the Executive, Legislative, & Judicial branches to throw out the fraudulent votes & to honor their oath to protect & defend the Constitution of the USA.🇺🇸🦅

A list below.🔻

1/ Navarro Report: The Immaculate Deception - Six Key Dimensions of Election Irregularities -

2/ Analysis of 3,000 U.S. counties shows Joe Biden received 5.6 % more votes in counties using Dominion Voting Systems (Video) -

3/ Antrim Michigan Dominion Voting Systems Forensics Report -

4/ Evidence Grows: ’20 Election Was Rigged -

SEN. LANKFORD: December 2016, a poll said 32% of Americans believed that the Russians had influenced the outcome of the election. Based on that belief, we spent millions investigating it, we had 6 congressional hearings, etc because 32% of Americans didn't trust that election.

2/ A few days ago, a poll said 46% of Americans believe there was election & voter fraud in the 2020 election. 80% of Trump supporters and 16% of Biden supporters believe there was fraud. Now, amazingly after the 2020 election, everyone is saying "lets move on and ignore this."

3/ In my state on election night, like 27 other states in the country, by that evening, we were counting votes, and all absentee ballots had been received. There was much less opportunity for fraud because all of our absentee ballots were in.

4/ Amazingly, a week after this election, some states were still telling us, they weren't sure how many ballots were left to count. That gives opportunity for fraud, questions, and problems. It's reasonable to ask if there was fraud when you mail a ballot to everyone in a state.

5/ Even if they didn't ask for a ballot. Especially, when the state did not first purge or verify those addresses & they sent thousands of ballots to people that no longer live there. That's a problem. There were at least 91,000 registered voters that are dead. That's a problem.

ZUCKERBERG'S ELECTION🚨

1/ Funded by $350 Million from Facebook founder Mark Zuckerberg, activist organizations created a two-tiered election system that treated voters differently depending on whether they lived in Democrat or Republican strongholds.🔻

2/ Mark Zuckerberg was invited into the counting room, and the American people were kicked out. Zuckerberg-CTCL funds allowed these Democrat strongholds to spend roughly $47 per voter, compared to $4 to $7 per voter in traditionally Republican areas of the state.🔻

3/ In Michigan, $5,939,235 was awarded to jurisdictions where Clinton won & $402,878 where Trump won.

In Pennsylvania, $13,063,828 for Clinton and $692,742 for Trump.

CTCL hidden COVID-19 grant agenda was to increase the votes for Democratic presidential candidate Joe Biden.🔻

4/ Zuckerberg money & money from other "leftist" organizations totaled $500M, while the Federal Government only appropriated $400M for the 2020 election. This effectively created a "two-tiered election system" and a "shadow government" running our elections.🔻

5/ WISCONSIN🚨

The “Wisconsin Safe Election Plan” was not authored by the state. Effectively, CTCL managed the election in these five cities.

•Promote no voter ID "indefinitely confined"
•Drop Boxes breaching chain of custody
•Consolidating counting centers🔻

GEORGIA🚨

Negative votes & vote switches should *NEVER* happen on your CNN, ABC, & NBC live news feeds. This is according to the data scientist & programmers who presented at the State Senate hearings. They previously worked for the US Navy, the CIA, & Big 4 Accounting Firms.🔻

GEORGIA🚨

Elections are an additive process — you count the votes — and add them up. Votes should never be going down on live television. Votes should never be switching between candidates on live television. This is election fraud & it happened all across the nation.🔻

GEORGIA🚨

It happened last night.

774,723 - 742,323 = 32,400

32,400 votes subtracted from @Perduesenate live on ABC last night during the Senate Runoff.

GEORGIA🚨

2,130,535 - 2,125,535 = 5,000

32,400 votes subtracted from @Perduesenate live on ABC last night during the Senate Runoff.

FULL

1/10

This is a really tough problem to resolve, especially if the massive increase in inflows from the trade and financial accounts are sustained, as I expect they will be well into 2021.

Clearly the PBoC would like to see the RMB gradually...

2/10

strengthen. This would keep financial markets stable and promote rebalancing, but the RMB has already strengthened a lot, and this puts unwanted pressure on exporters and “international circulation”.

Although PBoC reserves have been flat, other state-controlled Chinese...

3/10

banks have bought large amounts of dollars, but this is expensive. If these banks have half a trillion dollars of exposure, for example, they are losing at least $15-17 billion annually on negative carry, plus another $20-30 billion just this year from the rise of the RMB.

4/10

Beijing seems also to be trying other measures to slow the rise. The regulators are relaxing capital controls on outflows. In mid October the PBoC cut to zero the reserve requirement ratio for banks doing FX forward trading. This requirement was created in 2018 to reduce...

5/10

downward pressure on the RMB. In late October it suspended the counter-cyclical factor in RMB fixing, which was introduced in 2017 also to reduce downward currency pressure. But in both cases while the RMB dropped a few pips on the news, it quickly resumed its upward climb.

Interpretation of Financial Statements - preliminary filters.

1. Looking for sustainable competitive advantage:

When looking for sustainable moat, you wanna see consistency - in earnings, in having low debt, in having growing earnings, low spending in capital expenditures, etc.

The longer the company has existed, and if it sells you the same product for years (like Coca Cola), it reduces production costs and other costs (R&D, Training, marketing) slowly as the company ages.

When costs are reduced, margins and profits increase.

2. What to look for in an income statement:

Let's take a look at Apple:

i) You want to see earnings grow at a steady pace. Take a look at the net income below.

ii) Another thing that's important is a consistent and high gross margin.

As a thumb rule, Warren Buffett wants to see a gross margin of around 40% or above.

Although not quite 40%, it's around that range with respect to Apple.

Compare this to Apple's competitors.

Samsung's gross margins are around similar range, highest being 45.7% in 2018, and Huawei had a gross margin of 38.6%.

To see how the innovation economy has left much of the US behind, we traveled to the small town of Bryan, in northwestern Ohio's Williams County. This is a thread about how to fix what the innovation economy broke about America.

This is Valerie. She’s 46 and has worked all her life—three jobs currently—yet she has just $65 in her checking account. Her husband works full time at a metal fastener plant.

Altogether, after health insurance premiums but before taxes, Valerie and her husband make about $45,000 a year.

The story of her working life is also the story of Bryan. The town is broken in some of the same ways that much of the rest of the country is broken. Understanding what broke Bryan is crucial to understanding how it might be fixed.

For decades, America’s political and business leaders acted as if places like Bryan didn’t matter.