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Iran Regime Change Would Be 'Best Thing', Trump Signals

Zero Hedge -

Iran Regime Change Would Be 'Best Thing', Trump Signals

President Donald Trump continues to signal that he wants to see government overthrow in Iran, having told reporters Friday that regime change in Iran "would be the best thing that could happen" - at a moment he's also confirmed a second carrier group has been dispatched to the region.

Speaking to reporters after visiting troops at Ft. Bragg, North Carolina, Trump doubled down just hours after confirming he is sending the second carrier strike group from where it was operating in the Caribbean.

"It seems like that would be the best thing that could happen," Trump said when asked about pushing for the removal of the Ayatollah and the Islamic Republic. "For 47 years, they’ve been talking and talking and talking."

All of this also comes days after Trump hinted that another round of nuclear talks with Iran could be imminent. Those discussions have so far failed to materialize, and there are reports saying more Oman-based talks are slated for next week.

"In case we don’t make a deal, we’ll need it," Trump said of the USS Gerald R. Ford carrier deployment. "It’ll be leaving very soon."

At the moment, inside Iran, forty-day mourning ceremonies are underway for thousands killed during last month’s sweeping crackdown on nationwide protests; however, police and security services are still firmly in control of the streets and the country.

The Ford will reinforce the USS Abraham Lincoln and its guided-missile destroyers, which have been operating in the region for more than two weeks.

US Navy officials expected that it will take the Ford a least a week to arrive in Mediterranean waters, but from there it's unclear whether it would then go through the Suez Canal to get closer to southern Iran.

Trump had also earlier made clear to Tehran that failure to cut a deal would be "very traumatic" even as US diplomacy clings to the possibility of a quick agreement.

Early this past week, he told Axios: "Either we will make a deal or we will have to do something very tough like last time," he told Axios to kick off the week. The Iranians will no doubt have this ringing in their ears headed into a planned second round of talks.

Tyler Durden Sat, 02/14/2026 - 13:25

'Miss America' Org Dethrones Winner For Daring To Say 'A Woman Is A Woman'

Zero Hedge -

'Miss America' Org Dethrones Winner For Daring To Say 'A Woman Is A Woman'

Authored by Steve Watson via Modernity.news,

Kayleigh Bush, the 2024 Miss North Florida champion, has been stripped of her title and barred from competing in the Miss America nationals—all because she wouldn’t sign a revised contract that essentially erases the biological definition of womanhood to include men who’ve undergone surgeries.

The Miss America organization demanded Bush affirm transgender participation, turning a century-old celebration of women into another battleground for gender ideology. 

Bush, standing her ground on basic truth, called it out as a betrayal of the pageant’s legacy.

Bush revealed the ordeal in a recent interview, explaining how she was pressured months after her win to accept new language in the contract. The rules now define eligible “women” as including those who’ve completed “Sex Reassignment Surgery via Vaginoplasty (from male to female).” Bush refused, stating flatly that she couldn’t agree to the idea that “a little boy could mutilate his body and become a woman.”

“It was heartbreaking. It was confusing. It was disappointing,” Bush said. “Because Miss America has been honoring women for over 100 years, and now they can’t even define what a woman is.”

She added that the organization had changed the contract four weeks after her victory, forcing her into a corner. “I didn’t lose my crown because I broke a rule. I lost the crown because I was unwilling to rewrite the truth,” Bush told TMZ.

Her mother joined the fight, leading to weeks of appeals, emails, and even involvement from Liberty Counsel, a legal group defending religious freedoms. But Miss America doubled down, refusing to budge.

A spokesperson for the pageant defended the decision, claiming it’s about “fairness to all contestants and adherence to nondiscrimination principles.” 

They further insisted the contract doesn’t force personal belief changes but ensures no “discriminatory conduct.” In other words, contestants must play along with the fiction or get booted—hardly the empowerment women were promised.

This is far from an isolated incident; it’s part of a broader pattern where transgender individuals are infiltrating and dominating women’s spaces, even pageants.

Back in 2023, the Miss Universe pageant made headlines when its new owner, a transgender businesswoman, celebrated the event as being “run by women”—prompting widespread mockery for the obvious irony.

Miss Universe’s shift under transgender ownership turned it into what many called an “international drag queen show.”

Examples abound. In 2018, Angela Ponce became the first transgender contestant in Miss Universe, representing Spain. 

By 2022, an individual known as Kataluna Enriquez won Miss Nevada USA, and in 2023, Rikkie Kollé took the Miss Netherlands crown.

Amid the push for transgender inclusion, not all pageants are folding to the pressure. In a refreshing contrast, the Miss Italy pageant doubled down on biology back in 2023, explicitly banning transgender contestants and requiring all entrants to be “a woman from birth.”

Patrizia Mirigliani, the competition’s patron, described the policy as longstanding, predicting even then that gender ideologies might try to warp beauty standards.

 

Mirigliani slammed other contests for chasing media buzz by including trans participants, calling it “a little absurd” and refusing to “jump on the glittery bandwagon of trans activism.” She emphasized avoiding “excesses” that distort aesthetics, framing it as part of a broader defense of traditional views on womanhood.

Critics argue this trend isn’t about inclusion—it’s about conquest. Women’s sports have seen similar invasions, with transgender athletes like Lia Thomas dominating swimming events and sparking lawsuits from displaced female competitors. 

Beauty pageants, once a platform for empowering young women, now risk becoming performative spectacles where biology takes a backseat to ideology.

Bush remains hopeful, urging Miss America to “return to truth.” Her stance echoes a growing resistance among Americans tired of forced compliance with radical gender theories. Groups like Liberty Counsel are stepping up, framing these battles as defenses of free speech and religious liberty against corporate wokeness.

If even pageants can’t uphold the simple reality that women are women, what’s left for actual women to celebrate?

Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews.

Tyler Durden Sat, 02/14/2026 - 12:50

More Nations Are Mulling Social Media Bans For Teens

Zero Hedge -

More Nations Are Mulling Social Media Bans For Teens

After Australia's first-of-its-kind social media ban for adolescents under the age of 16 came into effect in December, more countries in Europe and elsewhere are taking steps to implement their own restrictions.

As Katharina Buchholz reports, according to Statista research, France and the United Kingdom have gotten furthest, with laws passing in one chamber each of the countries' bicameral legislatures as of early February. While the latter country is also aiming to ban social media for kids under the age of 16, France's proposed law targets only those under the age of 15.

 More Nations Are Mulling Social Media Bans for Teens | Statista

You will find more infographics at Statista

Six more nations have seen country leaders announce initiatives aiming to ban social media access for adolescents.

While Indonesia, Malaysia, New Zealand and Spain all have more restrictive regulations in mind, excluding those under the age of 16, Greece is aiming to exclude those under the age of 15 and Austria those under the age of 14 from social media.

Social media, including personalized algorithms and the possibility to scroll endlessly, is receiving scrutiny for its effect on mental health, especially in younger people.

Social media addiction can affect any age group, but it is seen as especially harmful in adolescents which are still developing social behaviors, body image and time management skills.

Two more planned bans announced in Europe, by Portuguese and Danish leadership, are reportedly willing to leave a back door open for parental consent, putting them in a different category that already exists in several nations like France, Italy and, since recently, Brazil, where children of the applicable ages can access social media sites if their parents are in agreement.

While outright bans like the Australian one often plan implementation via a strict official age-verification mechanism, parental consent regulation can work by linking parents accounts, for example. Instagram has meanwhile already rolled out this feature in Europe, the U.S., Australia and Canada, with teenagers between the ages of 13 to 15 only in the position to disable a special restricted account mode with the consent of their parent's account. Like other platforms, Instagram accepts users from the age of 13, but this restriction is so far not tied to verification. In the EU, social media sites are since 2018 under further restrictions concerning the use of personalized ads for minors.

Tyler Durden Sat, 02/14/2026 - 12:15

Venezuela Oil Revenue Projected To Hit $5 Billion Under U.S. Control

Zero Hedge -

Venezuela Oil Revenue Projected To Hit $5 Billion Under U.S. Control

By Tsvetana Paraskova of OilPrice.com,

Venezuela’s oil sales, under the control of the United States for five weeks now, are set to bring $5 billion over the next few months, U.S. Energy Secretary Chris Wright told NBC News in an interview.   

“Sales today are over a billion dollars, and in fact, we have sort of short-term agreements over the next few months that will bring in another $5 billion,” Secretary Wright said in the interview during a historic visit to Venezuela to meet with the interim President Delcy Rodríguez.  

The United States has already transferred $500 million in proceeds from sales of Venezuelan crude oil to Caracas, following the deal agreed by the two governments in January.  

All the money from the oil sales, handled by top commodity traders Vitol and Trafigura, goes back to Venezuela from a U.S. Treasury-controlled account, Secretary Chris told NBC News.  

There is a lot of work to be done and massive investments need to flow for Venezuela to restore its oil industry, “But it's on the road to becoming investable,” Secretary Wright told NBC News.  

At last month’s White House meeting of U.S. President Trump with oil executives, ExxonMobil’s CEO Darren Woods said that “If we look at the legal and commercial constructs—frameworks—in place today in Venezuela, today it’s uninvestable.”  

During the visit to Venezuela, Secretary Chris said earlier this week that Venezuela’s crude oil production could surge as soon as this year.

“This year, we can drive a dramatic increase in Venezuelan oil production, in Venezuelan natural gas production and Venezuelan electricity production,” the U.S. official said. 

Commenting on a recent change in Venezuela’s oil law, Wright said that it was “a meaningful step in the right direction”, as quoted by AP, but “probably not far and clear enough to encourage the kind of large capital flows.”

Tyler Durden Sat, 02/14/2026 - 11:40

Demented: Councillor Pushes Kids To Send Valentine's Cards To Illegal Male Migrants

Zero Hedge -

Demented: Councillor Pushes Kids To Send Valentine's Cards To Illegal Male Migrants

Authored by Steve Watson via Modernity.news,

A Green Party councillor in the UK has sparked outrage by announcing plans to take her young grandchildren to deliver handmade Valentine’s Day cards to adult male asylum seekers at a migrant camp.

This comes amid widespread local opposition to the government’s decision to house hundreds of illegal migrants in a former military base, and fresh revelations about horrific crimes committed by similar arrivals.

Anne Cross, an East Sussex County councillor, made the announcement at a heated public meeting, claiming it would help “dispel fear” by encouraging people to “hear the stories” of the migrants. “There is nothing like getting to know people and hearing their stories in order to dispel fear,” she said. “My grandchildren and I painted some Valentine’s Cards at the weekend which we are going to be presenting to the men at Crowborough as a welcome.”

The camp in Crowborough, a former army cadet training site, has been repurposed by the Home Office to accommodate up to 540 male migrants who arrived via small boats. Local residents have protested the move, with demonstrations highlighting concerns over safety and community impact. The additional policing costs alone are projected at £5.62 million, according to Sussex Police and Crime Commissioner Katy Bourne.

Cross urged community representatives to “stand with all those who share the love,” but her plan has been met with fierce backlash. Sussex Weald Conservative MP Nus Ghani called it “disturbing” and “highly irresponsible,” pointing to “widespread concern locally” and a lack of “regard for safeguarding” when involving children with “single adult men.”

Unfazed, Cross insisted the cards would be anonymous and that “there has been much misinformation about the men who will be housed in the camp and this has created a climate of fear.” She added, “But there is no evidence children or women are at a higher risk from people seeking asylum than other sections of our society.”

This naive stance ignores a pattern of sexual crimes linked to asylum seekers across the UK. Just days ago, details emerged of a chilling case where Ahmed Müller, a 23-year-old Afghan national who arrived illegally by small boat four months prior, was convicted of abducting, raping, and filming a 12-year-old girl in Nuneaton.

The victim described the ordeal: “He was trying to strip my clothes off. He said nothing. He was laughing. I was saying, ‘Get off me.’ But he didn’t say anything. He just carried on. He was saying that he was going to kill my family. I was scared. He took photos. It felt weird. Why was he taking pictures of that?”

Müller showed no remorse, even blaming the child by claiming she demanded he film the attack. Immediately after, he used a government-issued debit card to buy a drink, which helped identify him. Warwickshire Police initially withheld his identity as an illegal migrant, citing “community cohesion,” and threatened a local councillor with contempt of court for trying to reveal it.

As reported on GB News, Crowborough resident Sammy White slammed Cross’s idea as “downright dangerous,” noting, “These men have very little respect for women and children.” She expressed being “appalled” at the councillor’s plan to deliver cards to asylum seekers in Crowborough.

Cross, elected in August 2023 and proudly captioning a family photo “AnnMa’s crew” with a kiss emoji, defends the gesture as a common practice among refugee charities. Yet, with Afghan nationals committing sex crimes at a rate 20 times higher than the British population since 2021, and over 37,000 imported in that time, such actions expose the reckless hypocrisy of open-borders advocates.

The government’s dispersal of migrants into houses of multiple occupancy (HMOs) means families could unknowingly live near potential threats.

This episode underscores the failures of unchecked mass migration, where virtue signaling trumps child safety and community concerns. Until borders are secured and deportations ramped up, these dangers will persist, eroding the fabric of British society.

Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews.

Tyler Durden Sat, 02/14/2026 - 10:30

MiB: Douglas and Heather Boneparth, Money Together

The Big Picture -



 

 

Valentine’s Day Special!

This week, I speak with Douglas and Heather Boneparth. Doug is the president of Bone Fide Wealth and Heather is the firm’s Director of Business and Legal Affairs and Chief Compliance Officer. They also discuss their new book “Money Together.” They discuss the challenges couples can face discussing their finances, why marriages with joint checking accounts tend to last well, and how to navigate money as a couple.

They discuss why in relationships, money issues are sometimes not about money, but something else.

A list of their current reading/favorite books is here; A transcript of our conversation is available here Tuesday.

You can stream and download our full conversation, including any podcast extras, on Apple Podcasts, SpotifyYouTube, and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here.

Be sure to check out our Masters in Business next week with Hilary Allen, Professor of Law at the American University Washington College of Law. She specializes in financial regulation, banking law, securities regulation, and technology law, with a particular focus on how new financial technologies like fintech, crypto, and AI intersect with financial stability and public policy.

 

 

 

Published Book

 

Current Reading/Favorite Books

 

Books Barry Mentioned

 

The post MiB: Douglas and Heather Boneparth, Money Together appeared first on The Big Picture.

In Latest Blow To Free Speech, German Courts Could Issue "Speaking Ban" Against Top AfD Politician

Zero Hedge -

In Latest Blow To Free Speech, German Courts Could Issue "Speaking Ban" Against Top AfD Politician

Via Remix News,

German courts are currently deliberating whether leading Alternative for Germany (AfD) politician Björn Höcke could be hit with a “speaking ban” during a campaign event in the city of Lindenberg im Allgäu.

The move could signal a worsening of free speech in Germany, with Höcke using the legal proceedings to make the case that his fundamental rights are being violated.

Democrats of all countries, look to Germany! Right now, German courts are seriously deliberating whether I should be issued a speaking ban for political events! I am entitled to the fundamental right to exercise freedom of speech. I am a member of a constitutional body. I am the opposition leader of a German parliament,” wrote Höcke.

“And then there is also the party privilege: So in the future, a supposedly neutral administration should be allowed to decide with whom a party may conduct election campaigning and with whom not? That is absurd! What we are witnessing here is yet another attack on parliamentary democracy in Germany,” he added.

The move to ban Höcke from speaking comes after the city of Lindenberg im Allgäu lost its initial effort to ban the campaign event entirely. Now, the city is shifting its strategy to specifically bar Björn Höcke from the stage.

The city originally attempted to cancel the AfD’s rental of the town hall entirely. However, the Augsburg Administrative Court blocked this move during urgent proceedings, declaring the total revocation of the hall inadmissible. Crucially, the judges noted that “as a milder priority measure, a ban on speaking for Mr. Höcke” was a legally viable alternative.

According to a city spokesperson, Lindenberg is now pursuing this option, according to the BR news outlet.

In response, the Westallgäu-Lindau AfD district association has signaled its intent to challenge this speech ban in court. In a court hearing expected to take place in Augsburg today, a final ruling is expected to be issued.

The dispute centers on a rally scheduled for Sunday, Feb. 15, in the municipal Löwensaal, where the AfD intends to introduce its candidates for the upcoming local elections on March 8. The city moved to reclaim the hall once it became clear that Höcke, the Thuringian AfD leader, was on the guest list.

City officials justified the move by stating they expected “criminal statements as well as statements approving of the Nazi dictatorship and anti-Semitic statements” from Höcke, specifically citing his two previous convictions for using a prohibited Nazi slogan.

While the Administrative Court found the city’s concerns to be “understandable,” they ruled that canceling the rental outright violated the principle of equal treatment for political parties. The court maintained that the administration’s arguments were “not sufficient for such a step.”

As the legal battle continues, local tensions are high. Opponents of the AfD have organized rallies and a demonstration, with at least 2,000 participants expected to gather in Lindenberg.

Lindenberg is not the only municipality fighting a “Höcke appearance” this week. A similar battle is unfolding in Seybothenreuth, Upper Franconia, where Höcke is slated to speak on Saturday. The local municipality is also attempting to block his speech, and a decision from the Bayreuth Administrative Court is expected this Thursday.

Read more here...

Tyler Durden Sat, 02/14/2026 - 09:55

Newsom Tells Europe "Trump Is Temporary," Doubles Down On Failing Green Agenda

Zero Hedge -

Newsom Tells Europe "Trump Is Temporary," Doubles Down On Failing Green Agenda

California Gov. Gavin Newsom spoke at the Munich Security Conference earlier on Friday, telling European elites that President Trump is "temporary" and will be gone within three years.

Newsom, noticeably angered by Trump's push for deregulation and the rollback of climate policy, lashed out at the president, calling him "more destructive" than the current occupant of the White House.

The issue for Newsom is that he still operates within the climate crisis framework promoted by globalists, even as the West is moving on from two decades of nation-killing green policy regime that hollowed out parts of the industrial base and fueled inflation.

On Thursday, President Trump rescinded the 2009 Obama-era "Endangerment Finding," a determination that greenhouse gases threaten public health and welfare, which he said has been used by the radical left to justify $1.3 trillion in regulatory costs that have hurt American households and sent consumer prices soaring, especially for automobiles.

"The single largest deregulatory action in American history. That's a big statement in American history, and I think we can add the words by far," Trump told reporters.

Also this week, there was considerable discussion among industry leaders in Europe about Brussels watering down carbon-pricing markets, which have made electricity outrageously expensive and crushed the industrial base (Goldman explained more here).

And it is not just Trump and European industry leaders pushing to unwind green policies that have financially crushed working-class families and hollowed out the industrial base; major companies are also dialing back EV production plans and softening green targets as the net-zero dream collides with reality.

Here's what Newsom said earlier at the MSC (courtesy of Real Clear Politics):

GOV. GAVIN NEWSOM: Donald Trump is doubling down on stupid.

California has been a leader in climate policy going back to Ronald Reagan. In 1967, Governor Ronald Reagan established the first tailpipe emissions standards in the United States of America and created the California Air Resources Board. Three years later, a president by the name of Richard Nixon — another Republican — codified California's leadership under the Clean Air Act.

Never in the history of the United States of America has there been a more destructive president than the current occupant in the White House in Washington, D.C. He's trying to recreate the 19th century. He's a wholly owned subsidiary of big oil, gas, and coal. He's quite literally reopening coal plants in the United States of America.

He's received close to half a billion dollars in campaign contributions. He asked for $1 billion — look it up — in return for basically eliminating all regulations in the United States of America. De facto, he just did that yesterday with federal regulations and the endangerment finding.

It is code red in terms of American leadership in this space — low-carbon, green growth — and I know a thing or two about this. I represent the fourth-largest economy, from a GDP perspective, in the world, and we ran the fourth-largest economy last year nine out of ten days on 100% clean energy — two-thirds renewable energy.

We've seen our GDP grow by 81% since 2000, and we've reduced our greenhouse gas emissions by 21%. Seven times more clean energy jobs than fossil fuel jobs.

We're proving at scale that we can implement, we can compete, and we can dominate. But Donald Trump is trying to turn back the clock. And so we're showing up, but we're also showing what can be accomplished — the power of emulation.

We are in the great implementation in my state.

Final word. I hope, if there's nothing else I can communicate today: Donald Trump is temporary. He'll be gone in three years. California is a stable and reliable partner in this space, and it's important for folks to understand the temporary nature of this current administration in relationship to the issue of climate change and climate policy.

MODERATOR]: Governor, many have called Joe Biden the climate president, but that didn't help with his re-election. So how important do you think climate issues will be for the 2028 presidential election?

GAVIN NEWSOM: Well, you may not believe in science, but you've got to believe your own eyes. I mean, people are burning up, choking up, heating up. We have simultaneous droughts and floods. Historic wildfires. You may know little about California, but you've seen those images of these wildfires.

Talk about being as dumb as we want to be — places, lifestyles, traditions being wiped off the map. Greenville. Paradise, California.

And so this issue has been brought home in a very personal way, not a political way. Senator Whitehouse is here — he's also someone who deeply understands that climate risk is financial risk. It's becoming uninsurable.

This is an economic issue, not just a moral issue. It's not just a competitiveness issue. And so it's incredibly important that we talk in those terms to address some of the political dynamics. But it's again something we're on the other side of in California.

It's a big blue state, but it also has more Republicans than most Republican states. And we have long moved beyond the partisanship on this issue, because there is no Republican thermometer, there's no Democratic thermometer — there's just reality.

And people in my state have been mugged by reality. Those that have been in denial understand that we're on the other side of the debate.

Watch Here:

The key question is why Newsom continues to prioritize a failed green agenda instead of pursuing deregulation and other relief measures for working-class families; for now, Trump is the one pressing ahead with what he describes as historic deregulation.

We think we know why. Newsom serves...

Tyler Durden Sat, 02/14/2026 - 08:45

UK's Insane New Trans Guidance Says School Kids As Young As Four Can 'Change Gender'

Zero Hedge -

UK's Insane New Trans Guidance Says School Kids As Young As Four Can 'Change Gender'

Authored by Steve Watson via Modernity.news,

The UK government has issued new guidance allowing primary school children, some as young as four, to ‘socially transition’ the gender by changing their pronouns at school.

According to reports in The Times, the guidelines state that parents should be involved in the “vast majority” of cases where a child questions their gender, and schools should not initiate steps towards social transitioning.

However, the move has sparked outrage, with critics arguing it undermines parental rights and exposes vulnerable children to harmful ideologies.

 

The guidance specifies that “social transitioning in primary schools should happen very rarely,” but “children will be allowed to change their gender and adopt different pronouns.”

Helen Joyce, director of advocacy at Sex Matters, lambasted the new guidance during an appearance on TalkTV, asserting that schools have been “indoctrinating children” with trans ideology for a decade, influenced by online content, influencers, and lobby groups like Stonewall and Mermaids that have been “mis-training teachers.”

She emphasized that “the government has started a de-radicalisation programme but we actually need to de-radicalise a whole generation of teachers,” adding that the guidance falls short because “only total clarity will stop it” at this point, as the issue has “gone so far.”

Joyce urged the public to respond to the 10-week consultation on keeping children safe in education, stressing that “no child can change sex.”

Maya Forstater, chief executive of the campaign group Sex Matters, said: “It should be clear by now that allowing children and parents to think that a child who starts their education as a girl can graduate as a boy, or vice versa, is a dangerous fairytale.”

Forstater noted that while the guidance has generated backlash, there are elements of it that constitute a step forward.

This latest development comes amid ongoing controversies over gender ideology and children, with trans lobbyists continuing to push extreme agendas.

Radicals from Stonewall have demanded schools stop calling pupils ‘boys and girls’ and that they replace ‘he’ and ‘she’ with ‘they’ to “remove any unnecessarily gendered language” from classrooms.

The group also advocated for gender-neutral bathrooms and uniforms in schools, even offering rewards for compliance.

A publicly funded LGBT group in Scotland was exposed for urging teachers not to inform parents about children ‘transitioning,’ with guidance stating that “a transgender young person may not have told their family about their gender identity” and that inadvertent disclosure could cause stress or risk.

These lobbyists, including LGBT Youth Scotland receiving nearly £1 million in taxpayer funds annually, have signed up over half of Scotland’s secondary schools and 40 primary schools to their schemes.

The new English guidance appears to continue this trend, despite the landmark Cass Review in 2024, which concluded that evidence for puberty blockers and gender-affirming care for children is “remarkably weak” and built on “shaky foundations.” 

The review led to a ban on puberty blockers for under-18s outside clinical trials, highlighting risks like impacts on bone health and fertility.

Yet, controversy persists with a planned clinical trial in 2026 assessing puberty blockers’ risks and benefits for about 220 children under 16. 

Campaigners have launched legal efforts and petitions to suspend it, arguing it could harm vulnerable kids, with a government response acknowledging the “unacceptable safety risk” but proceeding to gather evidence.

The new guidance also comes despite the UK Supreme Court ruling in April 2025 that the legal definition of sex under the Equality Act 2010 is based on biological sex at birth, not altered by a Gender Recognition Certificate.

The latest development is thus a massive step backward, allowing activist-driven policies to once again infiltrate education while sidelining science and parental authority.

With detransition lawsuits mounting and evidence mounting against hasty transitions, protecting children’s innocence from ideological overreach remains paramount.

Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews.

Tyler Durden Sat, 02/14/2026 - 08:10

UK's Insane New Trans Guidance Says School Kids As Young As Four Can 'Change Gender'

Zero Hedge -

UK's Insane New Trans Guidance Says School Kids As Young As Four Can 'Change Gender'

Authored by Steve Watson via Modernity.news,

The UK government has issued new guidance allowing primary school children, some as young as four, to ‘socially transition’ the gender by changing their pronouns at school.

According to reports in The Times, the guidelines state that parents should be involved in the “vast majority” of cases where a child questions their gender, and schools should not initiate steps towards social transitioning.

However, the move has sparked outrage, with critics arguing it undermines parental rights and exposes vulnerable children to harmful ideologies.

 

The guidance specifies that “social transitioning in primary schools should happen very rarely,” but “children will be allowed to change their gender and adopt different pronouns.”

Helen Joyce, director of advocacy at Sex Matters, lambasted the new guidance during an appearance on TalkTV, asserting that schools have been “indoctrinating children” with trans ideology for a decade, influenced by online content, influencers, and lobby groups like Stonewall and Mermaids that have been “mis-training teachers.”

She emphasized that “the government has started a de-radicalisation programme but we actually need to de-radicalise a whole generation of teachers,” adding that the guidance falls short because “only total clarity will stop it” at this point, as the issue has “gone so far.”

Joyce urged the public to respond to the 10-week consultation on keeping children safe in education, stressing that “no child can change sex.”

Maya Forstater, chief executive of the campaign group Sex Matters, said: “It should be clear by now that allowing children and parents to think that a child who starts their education as a girl can graduate as a boy, or vice versa, is a dangerous fairytale.”

Forstater noted that while the guidance has generated backlash, there are elements of it that constitute a step forward.

This latest development comes amid ongoing controversies over gender ideology and children, with trans lobbyists continuing to push extreme agendas.

Radicals from Stonewall have demanded schools stop calling pupils ‘boys and girls’ and that they replace ‘he’ and ‘she’ with ‘they’ to “remove any unnecessarily gendered language” from classrooms.

The group also advocated for gender-neutral bathrooms and uniforms in schools, even offering rewards for compliance.

A publicly funded LGBT group in Scotland was exposed for urging teachers not to inform parents about children ‘transitioning,’ with guidance stating that “a transgender young person may not have told their family about their gender identity” and that inadvertent disclosure could cause stress or risk.

These lobbyists, including LGBT Youth Scotland receiving nearly £1 million in taxpayer funds annually, have signed up over half of Scotland’s secondary schools and 40 primary schools to their schemes.

The new English guidance appears to continue this trend, despite the landmark Cass Review in 2024, which concluded that evidence for puberty blockers and gender-affirming care for children is “remarkably weak” and built on “shaky foundations.” 

The review led to a ban on puberty blockers for under-18s outside clinical trials, highlighting risks like impacts on bone health and fertility.

Yet, controversy persists with a planned clinical trial in 2026 assessing puberty blockers’ risks and benefits for about 220 children under 16. 

Campaigners have launched legal efforts and petitions to suspend it, arguing it could harm vulnerable kids, with a government response acknowledging the “unacceptable safety risk” but proceeding to gather evidence.

The new guidance also comes despite the UK Supreme Court ruling in April 2025 that the legal definition of sex under the Equality Act 2010 is based on biological sex at birth, not altered by a Gender Recognition Certificate.

The latest development is thus a massive step backward, allowing activist-driven policies to once again infiltrate education while sidelining science and parental authority.

With detransition lawsuits mounting and evidence mounting against hasty transitions, protecting children’s innocence from ideological overreach remains paramount.

Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews.

Tyler Durden Sat, 02/14/2026 - 08:10

European Official Warns That Americans Can Be Silenced By EU Online Speech Laws

Zero Hedge -

European Official Warns That Americans Can Be Silenced By EU Online Speech Laws

Authored by Kevin Stocklin via The Epoch Times (emphasis ours),

Europeans who face criminal charges for what they said or wrote warned that Europe’s speech laws can silence Americans as well, regardless of the U.S. Constitution’s First Amendment protections. 

Finnish Member of Parliament Paivi Rasanen arrives to attend a court session at the Helsinki District Court in Helsinki, Finland, on Jan. 24, 2022. Antti Aimo-Koivisto/Lehtikuva/AFP via Getty Images

While testifying before the House Judiciary Committee last week, Paivi Rasanen, a member of parliament in Finland, recounted how she has been prosecuted since 2021 for quoting Bible verses to church members and on social media that questioned her church’s participation in a Gay Pride march. Although she was acquitted, first by a local district court and then by an appellate court, prosecutors appealed the decision to Finland’s supreme court, where the case currently sits. 

“My prosecution shows how quickly democratic societies can abandon free expression when the state decides which beliefs are acceptable,” Rasanen told The Epoch Times. 

“I never imagined that quoting the Bible in a Twitter post would lead to years of criminal charges, yet this is now the reality in Europe,” she said. “Americans should be concerned because once censorship is normalized, it never stays confined to one country.”

The trend among Western countries to restrict religious speech has spread beyond Europe, with the Canadian government currently advancing a bill that would remove a religious exemption from “hate speech” laws in the country’s Criminal Code. Similarly, newly proposed legislation in Queensland, Australia, would criminalize certain symbols and phrases, with penalties of up to two years in prison. 

While speaking before Congress, Rasanen was joined by Graham Linehan, an Irish writer and comedian who was arrested upon traveling through Heathrow Airport in 2025 for statements he had made in America on transgender issues. 

“For a decade, the British police have harassed me for expressing views that the majority of the public share,” Linehan stated. “We have simply been punished for objecting to fashionable yet incoherent orthodoxies.”

‘Foreign Censorship Threat’

Their testimony was underscored by the release of a Feb. 3 House report titled “The Foreign Censorship Threat,” which charged that “The European Commission, in a comprehensive decade-long effort, has successfully pressured social media platforms to change their global content moderation rules, thereby directly infringing on Americans’ online speech in the United States.”

More specifically, the report states that “though ostensibly meant to combat ‘misinformation’ and ‘hate speech,’ nonpublic documents produced to the Committee show that for the last 10 years, the European Commission has directly pressured platforms to censor lawful, political speech in the European Union and abroad.” 

This included regular meetings between U.S. tech companies and European Union regulators to put “content moderation” policies and algorithms in place to conform to European laws regarding “hate speech” and “misinformation,” the report states. The EU claims these initiatives were voluntary, but subpoenaed emails from tech executives stated that “we don’t really have a choice.”

Judicial Committee Chair Jim Jordan (R-Ohio) told hearing attendees that, based on subpoenas issued to U.S. tech companies regarding their correspondence with EU officials, a pattern of compelled censorship emerged that included U.S. citizens.

The European Commission successfully pressured social media companies to change their global content moderation rules, directly harming the speech of Americans in the United States,” Jordan stated. He also referenced an incident in which European commissioner Thierry Breton warned X owner Elon Musk that his company may face penalties for posting an interview with Donald Trump during the 2024 presidential campaign. 

“The European Commission is trying to censor speech and meddle in elections worldwide,” Jordan said. “When the European Commission makes censorship demands, platforms have to listen.”

Safety or Control?

According to the European Commission’s website, the Digital Services Act (DSA) “empowers citizens by strengthening the protection of their fundamental rights online and giving them greater control and more choices when they navigate online platforms and search engines.” The DSA also requires platforms to “minimise the risks of exposing citizens, including children and young people, to illegal and harmful content.”

Critics of EU speech laws say they have become a tool to punish U.S. tech companies for allowing any content that a European country has deemed to be illegal. In countries such as Germany, that could include insulting government officials.

French member of the European Parliament Virginie Joron called the DSA a “Trojan horse for surveillance and control.” Joron accused government officials of having “seized upon the DSA as a political tool to control speech, particularly targeting platforms like X, Facebook, and Telegram.”

And legal analysts say that the reach of the DSA extends beyond Europe. 

The DSA “creates a pathway for foreign governments to influence public debate inside the United States without ever passing a single American law,” Lorcan Price, an Irish barrister who defended Rasanen and testified at the House hearing, told The Epoch Times. 

“The EU’s Digital Services Act gives European regulators unprecedented leverage over American tech companies, which means European speech rules can end up shaping what Americans are allowed to say online,” Price said. “Once U.S. platforms are forced to comply with European censorship demands to avoid massive fines, those restrictions don’t stop at Europe’s borders.”

Enormous Fines and ‘Days of Action’

According to Price, U.S. companies have already been fined €3.8 billion for violating EU speech codes, and Spain has announced that it will impose criminal charges against company owners for violations.

“The enormous fines levied on X corporation by the European Commission since the last hearing, has proved beyond all doubt that the European Union means to strangle free speech by a systemic assault on U.S. companies,” Price told hearing attendees. “The EU has a multi-pronged strategy to open multiple investigations, to add more and more regulations and to impose crippling fines, and ultimately, I fear, to attempt to break up or ban companies such as X who are pro-free speech.” 

Europe has become increasingly aggressive in prosecuting speech crimes, with Germany leading the effort. In June 2025, German police conducted early morning raids on 140 residents who were accused of violating speech laws, as part of Germany’s 12th annual “day of action against hate-posts.”

Germany prosecuted 10,732 of its citizens for “hate speech” or “harmful speech” in 2024, according to Germany’s Federal Criminal Police Office. Similar actions have taken place in at least a dozen other European countries, according to Europol, the EU’s law enforcement agency.

These prosecutions have had a chilling effect on public expression. In a 2025 Cato report, author David Inserra stated that Germans now feel increasingly “unable to express their opinions, with multiple polls finding around 44 percent of Germans expressing such concerns, up from 16 percent in 1990.”

The Risks of an Unregulated Internet

The issue of online censorship has recently been complicated by the spread of child sexual abuse images and nonconsensual sexualized images of public figures, many of which were created by artificial intelligence.

On Feb. 3, French police raided the offices of X, the social media company owned by Elon Musk, charging the company with permitting child pornography and pornographic deepfake images on its site. They also summoned Musk for questioning.

British regulators are also investigating instances in which Grok, X’s AI chatbot, created numerous sexualized nonconsensual deepfake images at the request of X’s users. In 2025, the United States passed the “Take It Down Act,” which requires internet service providers, social media sites, and search engines to take down nonconsensual sexual material within 48 hours of being notified, and subjects individuals who post such material to up to two years imprisonment. 

In addition, children’s access to online pornography has prompted many lawmakers, in Europe and America, to advocate for higher age limits to be imposed on internet access. 

In the United States, the age limit for children to access the internet is currently 13. Compliance with such laws, however, generally requires that tech companies verify the identity of whoever uses their apps and websites. 

Tyler Durden Sat, 02/14/2026 - 07:00

European Official Warns That Americans Can Be Silenced By EU Online Speech Laws

Zero Hedge -

European Official Warns That Americans Can Be Silenced By EU Online Speech Laws

Authored by Kevin Stocklin via The Epoch Times (emphasis ours),

Europeans who face criminal charges for what they said or wrote warned that Europe’s speech laws can silence Americans as well, regardless of the U.S. Constitution’s First Amendment protections. 

Finnish Member of Parliament Paivi Rasanen arrives to attend a court session at the Helsinki District Court in Helsinki, Finland, on Jan. 24, 2022. Antti Aimo-Koivisto/Lehtikuva/AFP via Getty Images

While testifying before the House Judiciary Committee last week, Paivi Rasanen, a member of parliament in Finland, recounted how she has been prosecuted since 2021 for quoting Bible verses to church members and on social media that questioned her church’s participation in a Gay Pride march. Although she was acquitted, first by a local district court and then by an appellate court, prosecutors appealed the decision to Finland’s supreme court, where the case currently sits. 

“My prosecution shows how quickly democratic societies can abandon free expression when the state decides which beliefs are acceptable,” Rasanen told The Epoch Times. 

“I never imagined that quoting the Bible in a Twitter post would lead to years of criminal charges, yet this is now the reality in Europe,” she said. “Americans should be concerned because once censorship is normalized, it never stays confined to one country.”

The trend among Western countries to restrict religious speech has spread beyond Europe, with the Canadian government currently advancing a bill that would remove a religious exemption from “hate speech” laws in the country’s Criminal Code. Similarly, newly proposed legislation in Queensland, Australia, would criminalize certain symbols and phrases, with penalties of up to two years in prison. 

While speaking before Congress, Rasanen was joined by Graham Linehan, an Irish writer and comedian who was arrested upon traveling through Heathrow Airport in 2025 for statements he had made in America on transgender issues. 

“For a decade, the British police have harassed me for expressing views that the majority of the public share,” Linehan stated. “We have simply been punished for objecting to fashionable yet incoherent orthodoxies.”

‘Foreign Censorship Threat’

Their testimony was underscored by the release of a Feb. 3 House report titled “The Foreign Censorship Threat,” which charged that “The European Commission, in a comprehensive decade-long effort, has successfully pressured social media platforms to change their global content moderation rules, thereby directly infringing on Americans’ online speech in the United States.”

More specifically, the report states that “though ostensibly meant to combat ‘misinformation’ and ‘hate speech,’ nonpublic documents produced to the Committee show that for the last 10 years, the European Commission has directly pressured platforms to censor lawful, political speech in the European Union and abroad.” 

This included regular meetings between U.S. tech companies and European Union regulators to put “content moderation” policies and algorithms in place to conform to European laws regarding “hate speech” and “misinformation,” the report states. The EU claims these initiatives were voluntary, but subpoenaed emails from tech executives stated that “we don’t really have a choice.”

Judicial Committee Chair Jim Jordan (R-Ohio) told hearing attendees that, based on subpoenas issued to U.S. tech companies regarding their correspondence with EU officials, a pattern of compelled censorship emerged that included U.S. citizens.

The European Commission successfully pressured social media companies to change their global content moderation rules, directly harming the speech of Americans in the United States,” Jordan stated. He also referenced an incident in which European commissioner Thierry Breton warned X owner Elon Musk that his company may face penalties for posting an interview with Donald Trump during the 2024 presidential campaign. 

“The European Commission is trying to censor speech and meddle in elections worldwide,” Jordan said. “When the European Commission makes censorship demands, platforms have to listen.”

Safety or Control?

According to the European Commission’s website, the Digital Services Act (DSA) “empowers citizens by strengthening the protection of their fundamental rights online and giving them greater control and more choices when they navigate online platforms and search engines.” The DSA also requires platforms to “minimise the risks of exposing citizens, including children and young people, to illegal and harmful content.”

Critics of EU speech laws say they have become a tool to punish U.S. tech companies for allowing any content that a European country has deemed to be illegal. In countries such as Germany, that could include insulting government officials.

French member of the European Parliament Virginie Joron called the DSA a “Trojan horse for surveillance and control.” Joron accused government officials of having “seized upon the DSA as a political tool to control speech, particularly targeting platforms like X, Facebook, and Telegram.”

And legal analysts say that the reach of the DSA extends beyond Europe. 

The DSA “creates a pathway for foreign governments to influence public debate inside the United States without ever passing a single American law,” Lorcan Price, an Irish barrister who defended Rasanen and testified at the House hearing, told The Epoch Times. 

“The EU’s Digital Services Act gives European regulators unprecedented leverage over American tech companies, which means European speech rules can end up shaping what Americans are allowed to say online,” Price said. “Once U.S. platforms are forced to comply with European censorship demands to avoid massive fines, those restrictions don’t stop at Europe’s borders.”

Enormous Fines and ‘Days of Action’

According to Price, U.S. companies have already been fined €3.8 billion for violating EU speech codes, and Spain has announced that it will impose criminal charges against company owners for violations.

“The enormous fines levied on X corporation by the European Commission since the last hearing, has proved beyond all doubt that the European Union means to strangle free speech by a systemic assault on U.S. companies,” Price told hearing attendees. “The EU has a multi-pronged strategy to open multiple investigations, to add more and more regulations and to impose crippling fines, and ultimately, I fear, to attempt to break up or ban companies such as X who are pro-free speech.” 

Europe has become increasingly aggressive in prosecuting speech crimes, with Germany leading the effort. In June 2025, German police conducted early morning raids on 140 residents who were accused of violating speech laws, as part of Germany’s 12th annual “day of action against hate-posts.”

Germany prosecuted 10,732 of its citizens for “hate speech” or “harmful speech” in 2024, according to Germany’s Federal Criminal Police Office. Similar actions have taken place in at least a dozen other European countries, according to Europol, the EU’s law enforcement agency.

These prosecutions have had a chilling effect on public expression. In a 2025 Cato report, author David Inserra stated that Germans now feel increasingly “unable to express their opinions, with multiple polls finding around 44 percent of Germans expressing such concerns, up from 16 percent in 1990.”

The Risks of an Unregulated Internet

The issue of online censorship has recently been complicated by the spread of child sexual abuse images and nonconsensual sexualized images of public figures, many of which were created by artificial intelligence.

On Feb. 3, French police raided the offices of X, the social media company owned by Elon Musk, charging the company with permitting child pornography and pornographic deepfake images on its site. They also summoned Musk for questioning.

British regulators are also investigating instances in which Grok, X’s AI chatbot, created numerous sexualized nonconsensual deepfake images at the request of X’s users. In 2025, the United States passed the “Take It Down Act,” which requires internet service providers, social media sites, and search engines to take down nonconsensual sexual material within 48 hours of being notified, and subjects individuals who post such material to up to two years imprisonment. 

In addition, children’s access to online pornography has prompted many lawmakers, in Europe and America, to advocate for higher age limits to be imposed on internet access. 

In the United States, the age limit for children to access the internet is currently 13. Compliance with such laws, however, generally requires that tech companies verify the identity of whoever uses their apps and websites. 

Tyler Durden Sat, 02/14/2026 - 07:00

10 Weekend Reads

The Big Picture -

The weekend is here! Pour yourself a mug of Danish Blend coffee, grab a seat outside, and get ready for our longer-form weekend reads:

Something Big Is Happening: Here’s the thing nobody outside of tech quite understands yet: the reason so many people in the industry are sounding the alarm right now is because this already happened to us. We’re not making predictions. We’re telling you what already occurred in our own jobs, and warning you that you’re next A developer’s firsthand account of the step-change in AI coding capabilities and what it means for software engineering as a profession. (shumer.dev) see also The Doomsday Scenario for AI and Jobs: What are the strongest cases for it and against it? Derek Thompson on the biggest divide in his coverage of the economy — the growing possibility that AI displaces workers faster than new jobs can be created, and why even optimists should take the downside case seriously. (Derek Thompson)

Inside the Booming Business of Monster Porn: Teratophiliacs were once a niche group that bonded over their sexual attraction to monsters in obscure forums. Now—as online communities proliferate and genres like romantasy grow—monster porn is going mainstream. (GQ)

The Big Scary Myth Stalking the Stock Market: The concentration of the S&P 500 in a handful of mega-caps has everyone spooked, but the historical record suggests top-heaviness is more normal than you think. (Wall Street Journal) see also The Fallacy of Concentration: The academic paper making the rounds on why index concentration isn’t the risk everyone assumes it is. (SSRN)

26 Rules to Be a Better Thinker in 2026: Ryan Holiday’s annual list of mental models and Stoic-flavored advice for sharpening your thinking. (Ryan Holiday)

Is inherited wealth bad? Despite associations with the idle rich, the fact that inheritances are rising is a sign of a healthy, growing economy. (Aeon)

Betting Men: Inside Kalshi and Polymarket’s Bull Market: The CEOs of Kalshi and Polymarket Are Betting On the Most Hated Experiment in Business. Prediction markets entice enterprising nerds to make and lose fortunes by wagering on everything from politics to the weather. Here’s why they’re unstoppable—and only getting more powerful. The prediction market wars are heating up, with billions in weekly volume and a legal battle over whether these are financial instruments or just gambling with extra steps. (Vanity Fair) see also Thousands of Amateur Gamblers Are Beating Wall Street Ph.D.s  Prediction market bettors on Kalshi are proving just as accurate as professional forecasters at predicting economic indicators — and even better on inflation. Turns out the crowd has one big edge: they only bet when they’re confident, while the pros have to guess every month regardless. (New York Times)

Are We Tripping? The next billion-dollar blockbuster drug could be a psychedelic. There’s just one problem. (Slate)

Even a Decade of Accidental Shootings Hasn’t Slowed America’s Top Pistol Maker: For years, gun owners have been suing Sig Sauer for alleged design defects in its flagship handgun, the P320. The company’s solution is to ban the lawsuits.  (Businessweek)

Learning About Longevity From Long-Lived Animals: The secrets to extending human lifespans might lie in the animals that can already live for centuries. What naked mole-rats, Greenland sharks, and immortal jellyfish can teach us about aging — and why the biology of extreme longevity is more complex than any supplement pitch. (Works in Progress)

The ‘Harvard of Umpire Schools’ Closes as Changing Times Favor Tech Over Tradition: The last independently-run umpire school recognized by MLB is shutting down — a casualty of robo-umps and a sport that increasingly trusts sensors over human eyes. (The Athletic)

Be sure to check out our Masters in Business this week with Heather & Doug Bonaparthe, a married couple who work together and wrote a book on the financial challenges couples face: “Money Together: How to find fairness in your relationship and become an unstoppable financial team.” Our discussion sits somewhere in between financial planning and couples therapy, built around real stories that try to help couples find a healthier approach to money.

 

The Global Cost of Living Index 2026

Source: Visual Capitalist

 

Sign up for our reads-only mailing list here.

 

The post 10 Weekend Reads appeared first on The Big Picture.

Peter Schiff: Printing Money Is Not the Cure for Cononavirus

Financial Armageddon -


Peter Schiff: Printing Money Is Not the Cure for Cononavirus



In his most recent podcast, Peter Schiff talked about coronavirus and the impact that it is having on the markets. Earlier this month, Peter said he thought the virus was just an excuse for stock market woes. At the time he believed the market was poised to fall anyway. But as it turns out, coronavirus has actually helped the US stock market because it has led central banks to pump even more liquidity into the world financial system. All this means more liquidity — central banks easing. In fact, that is exactly what has already happened, except the new easing is taking place, for now, outside the United States, particularly in China.” Although the new money is primarily being created in China, it is flowing into dollars — the dollar index is up — and into US stocks. Last week, US stock markets once again made all-time record highs. In fact, I think but for the coronavirus, the US stock market would still be selling off. But because of the central bank stimulus that has been the result of fears over the coronavirus, that actually benefitted not only the US dollar, but the US stock market.” In the midst of all this, Peter raises a really good question. The primary economic concern is that coronavirus will slow down output and ultimately stunt economic growth. Practically speaking, the world would produce less stuff. If the virus continues to spread, there would be fewer goods and services produced in a market that is hunkered down. Why would the Federal Reserve respond, or why would any central bank respond to that by printing money? How does printing more money solve that problem? It doesn’t. In fact, it actually exacerbates it. But you know, everybody looks at central bankers as if they’ve got the solution to every problem. They don’t. They don’t have the magic wand. They just have a printing press. And all that creates is inflation.” Sometimes the illusion inflation creates can look like a magic wand. Printing money can paper over problems. But none of this is going to fundamentally fix the economy. In fact, if central bankers were really going to do the right thing, the appropriate response would be to drain liquidity from the markets, not supply even more.” Peter explained how the Fed was originally intended to create an “elastic” money supply that would expand or contract along with economic output. Today, the money supply only goes in one direction — that’s up. The economy is strong, print money. The economy is weak, print even more money.” Of course, the asset that’s doing the best right now is gold. The yellow metal pushed above $1,600 yesterday. Gold is up 5.5% on the year in dollar terms and has set record highs in other currencies. Because gold is rising even in an environment where the dollar is strengthening against other fiat currencies, that shows you that there is an underlying weakness in the dollar that is right now not being reflected in the Forex markets, but is being reflected in the gold markets. Because after all, why are people buying gold more aggressively than they’re buying dollars or more aggressively than they’re buying US Treasuries? Because they know that things are not as good for the dollar or the US economy as everybody likes to believe. So, more people are seeking out refuge in a better safe-haven and that is gold.” Peter also talked about the debate between Trump and Obama over who gets credit for the booming economy – which of course, is not booming.






Dump the Dollar before Bank Runs start in America -- Economic Collapse 2020

Financial Armageddon -












We are living in crazy times. I have a hard time believing that most of the general public is not awake, but in reality, they are. We've never seen anything like this; I mean not even under Obama during the worst part of the Great Recession." Now the Fed is desperately trying to keep interest rates from rising. The problem is that it's a much bigger debt bubble this time around , and the Fed is going to have to blow a lot more air into it to keep it inflated. The difference is this time it's not going to work." It looks like the Fed did another $104.15 billion of Not Q.E. in a single day. The Fed claims it's only temporary. But that is precisely what Bernanke claimed when the Fed started QE1. Milton Freedman once said, "Nothing is so permanent as a temporary government program." The same applies to Q.E., or whatever the Fed wants to pretend it's doing. Except this is not QE4, according to Powell. Right. Pumping so much money out, and they are accusing China of currency manipulation ? Wow! Seriously! Amazing! Dump the U.S. dollar while you still have a chance. Welcome to The Atlantis Report. And it is even worse than that, In addition to the $104.15 billion of "Not Q.E." this past Thursday; the FED added another $56.65 billion in liquidity to financial markets the next day on Friday. That's $160.8 billion in two days!!!! in just 48 hours. That is more than 2 TIMES the highest amount the FED has ever injected on a monthly basis under a Q.E. program (which was $80 billion per month) Since this isn't QE....it will be really scary on what they are going to call Q.E. Will it twice, three times, four times, five times what this injection per month ! It is going to be explosive since it takes about 60 to 90 days for prices to react to this, January should see significant inflation as prices soak up the excess liquidity. The question is, where will the inflation occur first . The spike in the repo rate might have a technical explanation: a misjudgment was made in the Fed's money market operations. Even so, two conclusions can be drawn: managing the money markets is becoming harder, and from now on, banks will be studying each other's creditworthiness to a greater degree than before. Those people, who struggle with the minutiae of money markets, and that includes most professionals, should focus on the causes and not the symptoms. Financial markets have recovered from each downturn since 1980 because interest rates have been cut to new lows. Post-2008, they were cut to near zero or below zero in all major economies. In response to a new financial crisis, they cannot go any lower. Central banks will look for new ways to replicate or broaden Q.E. (At some point, governments will simply see repression as an easier option). Then there is the problem of 'risk-free' assets becoming risky assets. Financial markets assume that the probability of major governments such as the U.S. or U.K. defaulting is zero. These governments are entering the next downturn with debt roughly twice the levels proportionate to GDP that was seen in 2008. The belief that the policy worked was completely predicated on the fact that it was temporary and that it was reversible, that the Fed was going to be able to normalize interest rates and shrink its balance sheet back down to pre-crisis levels. Well, when the balance sheet is five-trillion, six-trillion, seven-trillion when we're back at zero, when we're back in a recession, nobody is going to believe it is temporary. Nobody is going to believe that the Fed has this under control, that they can reverse this policy. And the dollar is going to crash. And when the dollar crashes, it's going to take the bond market with it, and we're going to have stagflation. We're going to have a deep recession with rising interest rates, and this whole thing is going to come imploding down. everything is temporary with the fed including remaining off the gold standard temporary in the Fed's eyes could mean at least 50 years This liquidity problem is a signal that trading desks are loaded up on inventory and can't get rid of it. Repo is done out of a need for cash. If you own all of your securities (i.e., a long-only, no leverage mutual fund) you have no need to "repo" your securities - you're earning interest every night so why would you want to 'repo' your securities where you are paying interest for that overnight loan (securities lending is another animal). So, it is those that 'lever-up' and need the cash for settlement purposes on securities they've bought with borrowed money that needs to utilize the repo desk. With this in mind, as we continue to see this need to obtain cash (again, needed to settle other securities purchases), it shows these firms don't have the capital to add more inventory to, what appears to be, a bloated inventory. Now comes the fun part: the Treasury is about to auction 3's, 10's, and 30-year bonds. If I am correct (again, I could be wrong), the Fed realizes securities firms don't have the shelf space to take down a good portion of these auctions. If there isn't enough retail/institutional demand, it will lead to not only a crappy sale but major concerns to the street that there is now no backstop, at all, to any sell-off. At which point, everyone will want to be the first one through the door and sell immediately, but to whom? If there isn't enough liquidity in the repo market to finance their positions, the firms would be unable to increase their inventory. We all saw repo shut down on the 2008 crisis. Wall St runs on money. . OVERNIGHT money. They lever up to inventory securities for trading. If they can't get overnight money, they can't purchase securities. And if they can't unload what they have, it means the buy-side isn't taking on more either. Accounts settle overnight. This includes things like payrolls and bill pay settlements. If a bank doesn't have enough cash to payout what its customers need to pay out, it borrows. At least one and probably more than one banks are insolvent. That's what's going on. First, it can't be one or two banks that are short. They'd simply call around until they found someone to lend. But they did that, and even at markedly elevated rates, still, NO ONE would lend them the money. That tells me that it's not a problem of a couple of borrowers, it's a problem of no lenders. And that means that there's no bank in the world left with any real liquidity. They are ALL maxed out. But as bad as that is, and that alone could be catastrophic, what it really signals is even worse. The lending rates are just the flip side of the coin of the value of the assets lent against. If the rates go up, the value goes down. And with rates spiking to 10%, how far does the value fall? Enormously! And if banks had to actually mark down the value of the assets to reflect 10% interest rates, then my god, every bank in the world is insolvent overnight. Everyone's capital ratios are in the toilet, and they'd have to liquidate. We're talking about the simultaneous insolvency of every bank on the planet. Bank runs. No money in ATMs, Branches closed. Safe deposit boxes confiscated. The whole nine yards, It's actually here. The scenario has tended to guide toward for years and years is actually happening RIGHT NOW! And people are still trying to say it's under control. Every bank in the world is currently insolvent. The only thing keeping it going is printing billions of dollars every day. Financial Armageddon isn't some far off future risk. It's here. Prepare accordingly. This fiat system has reached the end of the line, and it's not correct that fiat currencies fail by design. The problem is corruption and manipulation. It is corruption and cheating that erodes trust and faith until the entire system becomes a gigantic fraud. Banks and governments everywhere ARE the problem and simply have to be removed. They have lost all trust and respect, and all they have left is war and mayhem. As long as we continue to have a majority of braindead asleep imbeciles following orders from these psychopaths, nothing will change. Fiat currency is not just thievery. Fiat currency is SLAVERY. Ultimately the most harmful effect of using debt of undefined value as money (i.e., fiat currencies) is the de facto legalization of a caste system based on voluntary slavery. The bankers have a charter, or the legal *right*, to create money out of nothing. You, you don't. Therefore you and the bankers do not have the same standing before the law. The law of the land says that you will go to jail if you do the same thing (creating money out of thin air) that the banker does in full legality. You and the banker are not equal before the law. ALL the countries of the world; Islamic or secular, Jewish or Arab, democracy or dictatorship; all of them place the bankers ABOVE you. And all of you accept that only whining about fiat money going down in exchange value over time (price inflation which is not the same as monetary inflation). Actually, price inflation itself is mainly due to the greed and stupidity of the bankers who could keep fiat money's exchange value reasonably stable, only if they wanted to. Witness the crash of silver and gold prices which the bankers of the world; Russian, American, Chinese, Jewish, Indian, Arab, all of them collaborated to engineer through the suppression and stagnation of precious metals' prices to levels around the metals' production costs, or what it costs to dig gold and silver out of the ground. The bankers of the world could also collaborate to keep nominal prices steady (as they do in the case of the suppression of precious metals prices). After all, the ability to create fiat money and force its usage is a far more excellent source of power and wealth than that which is afforded simply by stealing it through inflation. The bankers' greed and stupidity blind them to this fact. They want it all, and they want it now. In conclusion, The bankers can create money out of nothing and buy your goods and services with this worthless fiat money, effectively for free. You, you can't. You, you have to lead miserable existences for the most of you and WORK in order to obtain that effectively nonexistent, worthless credit money (whose purchasing/exchange value is not even DEFINED thus rendering all contracts based on the null and void!) that the banker effortlessly creates out of thin air with a few strokes of the computer keyboard, and which he doesn't even bother to print on paper anymore, electing to keep it in its pure quantum uncertain form instead, as electrons whizzing about inside computer chips which will become mute and turn silent refusing to tell you how many fiat dollars or euros there are in which account, in the absence of electricity. No electricity, no fiat, nor crypto money. It would appear that trust is deteriorating as it did when Lehman blew up . Something really big happened that set off this chain reaction in the repo markets. Whatever that something is, we aren't be informed. They're trying to cover it up, paper it over with conjured cash injections, play it cool in front of the cameras while sweating profusely under the 5 thousands dollar suits. I'm guessing that the final high-speed plunge into global economic collapse has begun. All we see here is the ripples and whitewater churning the surface, but beneath the surface, there is an enormous beast thrashing desperately in its death throws. Now is probably the time to start tying up loose ends with the long-running prep projects, just saying. In other words, prepare accordingly, and Get your money out of the banks. I don't care if you don't believe me about Bitcoin. Get your money out of the banks. Don't keep any more money in a bank than you need to pay your bills and can afford to lose.











The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more













The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Hillary Clinton's Top Secret Files Revealed Here

Financial Armageddon -

The FBI released a summary of its file from the Hillary Clinton email investigation on Friday, showing details of Clinton's explanation of her use of a private email server to handle classified communications. The release comes nearly two months after FBI Director James Comey announced that although Clinton's handling of classified information was "extremely careless," it did not rise to the level of a prosecutable offense. Attorney General Loretta Lynch announced the next day that she would not pursue charges in the matter. "We are making these materials available to the public in the interest of transparency and in response to numerous Freedom of Information Act (FOIA) requests," the FBI noted in a statement sent to reporters with links to the documents. The documents include notes from Clinton's July 2 interview with agents, as well as a "factual summary of the FBI's investigation into this matter," according to the FBI release. Throughout her interview with agents, Clinton repeatedly said she relied on the career professionals she worked with to handle classified information correctly. The agents asked about a series of specific emails, and in each case Clinton said she wasn't worried about the particular material being discussed on a nonclassified channel.





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