US Judge Grants Asylum To Chinese National Who Filmed China's Uyghur Prison Camps

Authored by Frank Fang via The Epoch Times (emphasis ours),

A pro-democracy activist who fled China after documenting what he described as concentration camps in the Xinjiang region was granted asylum on Jan. 28 by a New York state immigration judge, amid widespread concern about the risks he would face if deported.

Guan Heng speaks in a YouTube video that documents his trip to China’s Xinjiang region in October 2020. Screenshot/The Epoch Times

Guan Heng, 38, applied for asylum after arriving in the United States illegally in 2021. He was living in New York state before he was detained by Immigration and Customs Enforcement in August 2025.

The case attracted international scrutiny in December 2025, with lawmakers in two dozen countries, including the United States, urging the Department of Homeland Security (DHS) to abandon its plan to deport him to Uganda. The agency subsequently canceled the plan.

During the Jan. 28 hearing in Napanoch, New York, Judge Charles Ouslander said that because Guan had filmed a video of the Xinjiang region, Guan had a “well-founded fear” of being persecuted if he were sent back to China.

Guan was asked whether he filmed the detention camps and released the video shortly before arriving in the United States to support his asylum case. He said that was not his intent.

“I sympathized with the Uyghurs who were persecuted,” Guan, speaking by video link from the Broome County Correctional Facility in Binghamton, New York, told the court through a translator.

Human Rights in China (HRIC), a New York City-based advocacy group that has advocated for Guan’s release, has detailed Guan’s journey from China to the United States. In 2020, he read a BuzzFeed News report on detention centers in the Xinjiang region and decided to verify it, HRIC said.

In October 2020, Guan traveled to the Xinjiang region alone. He released most of his video footage on YouTube in October 2021, the same month he arrived in Florida by boat after sailing from the Bahamas, to which he had traveled from Ecuador after fleeing China, according to the advocacy group.

HRIC characterized Guan’s video footage as an “extremely rare, first-person, on-the-ground video from a Chinese citizen.”

A month after Guan released his video, Chinese authorities, led by state security officials, began systematically targeting Guan’s relatives in China in what HRIC called “collective punishment.”

Guan told the judge that Chinese police had questioned his father three times since he released the video.

Guan’s attorney, Chen Chuangchuang, argued in his closing statement that his client’s case represents a “textbook example of why asylum should exist” and said that the United States has both a “moral and legal responsibility” to grant Guan asylum.

In December, before the DHS shelved its plan to deport Guan to Uganda, Chen spoke to NTD, a sister outlet of The Epoch Times, about how the Ugandan government “has a troubling record of cooperating with the Chinese Communist Party in making arrests in Uganda.”

“Sending a well-known dissident like Mr. Guan to Uganda would be unsafe,” Chen told NTD, according to a translation of his remarks in Chinese.

The judge said in his ruling that Guan had proven his legal eligibility for asylum, describing him as a credible witness. He said Guan faced a real risk of retaliation if returned to China, noting that Chinese authorities had questioned his family members and asked about his whereabouts and previous activities.

Guan was not released immediately, as a DHS lawyer said the agency reserves the right to appeal within 30 days. The judge urged the department to make a swift decision, noting that Guan has been detained for about five months.

Rights groups and activists have welcomed the judge’s decision.

Clayton Weimers, executive director of Reporters Without Borders North America, applauded the court for recognizing “Guan Heng’s courageous work and the risks he would have faced if deported,” according to his statement.

“His footage of Uyghur concentration camps was invaluable to journalism that helped expose the horrors in Xinjiang, a region where the Chinese Communist Party (CCP) has committed crimes against humanity and genocide, according to the US State Department,“ Weimers said in the statement. ”Guan’s asylum is a rare win for press freedom under the current administration.”

Both the Trump and Biden administrations have formally declared the Chinese regime’s treatment of Uyghurs as “genocide” and “crimes against humanity.”

Rayhan Asat, a human rights lawyer of Uyghur heritage at the Atlantic Council, said “the American people stood up to defend Guan Heng’s rights and American values,” according to a post on X.

“The rule of law prevailed,“ Asat wrote. ”America will be better today because Guan Heng will be part of the American dream.”

The Associated Press contributed to this report.

Tyler Durden Fri, 01/30/2026 - 20:55

Trump Sues US Treasury For $10 Billion Over Tax-Returns Leak

In the latest sign that we're living in unusual times, the sitting president of the United States is suing the US Treasury and Internal Revenue Service -- both housed in his executive branch -- and asking to be paid at least $10 billion in compensation for "reputational and financial harm," according to a complaint first publicized Thursday.  

We're printing money willy-nilly -- so what's another $10 billion for Trump & Sons? 

The suit springs from the IRS's failure to maintain the confidentiality of President Trump's tax returns. Between 2018 and 2020, then-IRS consultant Charles E. Littlejohn stole Trump's tax files and handed them over to The New York Times and ProPublica, which reported extensively on them. In 2024, Littlejohn was sentenced to five years in prison for stealing not only Trump's files, but also those of thousands more wealthy Americans, and giving them to the two news outlets. Prosecutors said he sought a role at the IRS with the intention of gaining access to Trump's information. He found such a role via Booz Allen Hamilton, which had a contract with the IRS. Citing the breach, Treasury killed all its remaining contracts with the firm earlier this week. 

The Trump lawsuit makes for some strange dynamics within the executive branch: Trump-chosen Scott Bessent is both Treasury Secretary and acting IRS commissioner, and he'll have to figure out how to respond to a $10 billion demand presented by his own boss. Trump is joined in the suit by his two eldest sons, Donald and Eric, both executive VPs at the Trump Organization. In a 27-page complaint filed with the US District Court for the Southern District of Florida, the Trumps allege:  

"[Treasury and the IRS] have caused Plaintiffs reputational and financial harm, public embarrassment, unfairly tarnished their business reputations, portrayed them in a false light, and negatively affected President Trump, and the other Plaintiffs’ public standing."

According to the complaint, the Treasury Inspector General for Tax Administration had warned the IRS about its insufficient protections for confidential taxpayer information -- not just once, but every year from 2010 to 2020. The uncorrected deficiencies enabled Littlejohn to steal Trump's information, upload it to a website and then share it, the Trumps allege: "Defendants were obligated to have appropriate technical, employee screening, security, and monitoring systems to prevent Littlejohn’s unlawful conduct. Defendants failed to take such mandatory precautions." 

Trump says the US government owes him $10 billion for failing to prevent Charles Littlejohn from stealing his sensitive tax files

In late September 2020 -- about five weeks before that year's presidential election pitting Trump against Joe Biden -- the Times published a sprawling, multi-article analysis of Trump's tax filings, determining that he'd only paid $750 in taxes in 2016, and no taxes in 10 out of the previous 15 years. "His reports to the IRS portray a businessman who takes in hundreds of millions of dollars a year yet racks up chronic losses that he aggressively employs to avoid paying taxes," reported the Times. (In a telling indicator that leftist media's relentless obsession with Russia scaremongering was still going strong in 2020, the Times laughably had to acknowledge that the documents failed to "reveal any previously unreported connections to Russia.")

Trump was clearly done wrong by having his tax files exposed to public view without his consent. However, Trump's lawsuit underscores an exasperating aspect of man's relationship to the state: When governments do wrong and are compelled to pay damages, the cost is always passed on to the citizenry, whether through taxation or inflation. 

Tyler Durden Fri, 01/30/2026 - 20:30

Cold Weather Delays NASA Moon Launch At Least Two Days

Authored by T.J. Muscaro via The Epoch Times (emphasis ours),

CAPE CANAVERAL, Fla.—Humanity’s return to the Moon’s orbit will have to wait at least another two days.

NASA’s Space Launch System Moon rocket prepares for launch ahead of Artemis II at Launch Complex 39B at Kennedy Space Center, Florida, on Jan. 30, 2026 (T.J. Muscaro/The Epoch Times).

NASA said on Jan. 30 that the earliest launch date for the Artemis II mission—the first crewed mission to fly around the Moon in more than 50 years—was pushed back from Feb. 6 to Feb. 8 due to the unusually cold weather disrupting critical pre-launch operations.

“Managers have assessed hardware capabilities against the projected forecast, given the rare arctic outbreak affecting the state, and decided to change the timeline,” the space agency said in a press release.

“Teams and preparations at the launch pad remain ready for the wet dress rehearsal.

“However, adjusting the timeline for the test will position NASA for success during the rehearsal, as the expected weather this weekend would violate launch conditions.”

Before the behemoth Moon rocket called the Space Launch System can be cleared for launch, it needs to undergo a “wet dress rehearsal,” which is a run-through of launch day operations.

They include fully loading and unloading the rocket, powering up, powering down, and recycling critical systems.

It is at this time that any lingering problems with the spacecraft, such as fuel leaks, reveal themselves, as was the case for Artemis I.

Artemis II’s wet dress rehearsal was scheduled for Jan. 31.

However, mission managers decided the day before that it would be too cold and they are now targeting Feb. 2, with the simulated launch window beginning at 9 p.m. (ET).

While the space agency rules out a launch on the first two days of the February window—Feb. 6 and Feb. 7—a finalized launch date won’t be announced until after teams have reviewed the outcomes of the wet dress rehearsal.

According to NASA’s weather criteria for the Space Launch System, fueling cannot be initiated if the 24-hour average temperature at key points of the rocket is below 41.1 degrees Fahrenheit.

The National Weather Service office in Melbourne, Florida, warned of an extreme cold and freeze watch for Cape Canaveral, and several other counties across Central Florida for Jan. 31 through Feb. 1.

Temperatures could drop as low as 20 degrees Fahrenheit, with a cold wind chill possibly hitting as low as seven degrees Fahrenheit.

Strong gusts reaching 45 mph were also possible for the morning of Jan. 31, which would also violate launch conditions.

Now, NASA plans to keep the Moon rocket and Orion crew capsule out on Launch Complex 39B in the meantime, as engineers take precautions to maintain the vehicle through the cold.

Those include keeping the Orion capsule powered up and configuring purges to ensure proper environmental conditions for certain elements of the boosters and spacecraft are maintained.

Meanwhile, the Artemis II crew remains in their pre-flight quarantine in Houston.

Mission managers were still assessing when the crew would arrive at Kennedy Space Center ahead of the launch.

Tyler Durden Fri, 01/30/2026 - 20:05

Watch: Jennings Destroys Dems For Refusing To Condemn DA's Vow To "Hunt Down Nazi" ICE Agents

Authored by Steve Watson via Modernity.news,

CNN contributor Scott Jennings unloaded on Democrats during a heated panel discussion, exposing their failure to denounce Philadelphia District Attorney Larry Krasner’s inflammatory threats against federal ICE agents enforcing immigration laws.

Jennings highlighted how such rhetoric from left-wing officials undermines law enforcement and fuels division, especially as the Trump administration ramps up deportations of criminal illegal immigrants.

“Yeah, this is highly inappropriate. No prosecutor in America should be doing that, let alone yelling at and about law enforcement officers,” Jennings urged.

? BREAKING: Scott Jennings just DROPPED THE MIC on every Democrat in America

"The fact that Democrats cannot, in unison, condemn a loony tunes prosecutor for vowing to 'HUNT DOWN' ICE agents like 'Nazis' is beyond chilling!"

"Yeah, this is highly inappropriate. No prosecutor… pic.twitter.com/cRoDA6PibL

— Eric Daugherty (@EricLDaugh) January 29, 2026

He laid out the core issue plainly: “Look, this debate, a lot of words and a lot of talking around it. We have existing federal immigration law. We have law enforcement agencies, duly sworn officers that have been ordered by the president to go out and enforce those laws. That’s really all the debate is about here.”

Jennings pointed to successful enforcement elsewhere: “And in most jurisdictions, these laws are being enforced quite amicably. There are no incidents. Transfers are happening.”

“People are being deported that have a reason to be deported. It’s just in this specific jurisdiction, people have decided that federal immigration law shouldn’t apply!” he added.

He then escalated his critique to the broader pattern among Democrats: “And now you have sort of radical Democrats around the country ramping this up even further by claiming that they’re going to ‘hunt down’ federal law enforcement officers as though they were Nazis.”

Jennings called out Rep. Eric Swalwell specifically: “You have Eric Swalwell in California promising a reign of terror if he becomes governor against anybody who’s ever worked for ICE!”

“I mean, this kind of division and this kind of threat against people who basically signed up to enforce the law and do public service, it’s outrageous. And any Democrat ought to be able to sit here and say this is way over the line!” Jennings concluded.

The outburst came in response to Krasner’s recent vows during a City Hall event in Philadelphia, where he joined city councilmembers to unveil the “ICE OUT” legislation package. 

The bills aim to bar ICE agents from city-owned property, restrict agency cooperation and data sharing, and limit access to public facilities like libraries, shelters, and health centers without a judicial warrant.

Krasner labeled ICE agents as “a small bunch of wannabe Nazis” and threatened, “If we have to hunt you down the way they hunted down Nazis for decades, we will find your identities. We will find you. We will achieve justice.”

Backlash has been swift. Pennsylvania State Sen. Jarrett Coleman dismissed the comments as “empty threats,” emphasizing that local officials cannot interfere with federal law enforcement. 

House Minority Leader Jesse Topper called them “not just hypocritical [but] outright laughable,” urging focus on community security instead. 

The White House noted a 1,300% surge in assaults on ICE officers, blaming “dangerous, untrue smears by elected Democrats” and praising agents for “act[ing] heroically to enforce the law and protect American communities.”

This rhetoric from Krasner fits into a larger pattern of incitement from Democrat-led cities against federal immigration enforcement. 

As we highlighted earlier, Chicago Mayor Brandon Johnson admitted to coordinating with other Democrat mayors, including Minneapolis’ Jacob Frey and Boston’s Michelle Wu, to impede ICE operations. 

Johnson has even established “ICE-Free Zones” prohibiting agents from city properties without warrants and is pushing measures to hold them accountable for alleged misconduct.

Tucker Carlson accused Minnesota Gov. Tim Walz and Mayor Frey of deliberately fueling chaos to spark a “color revolution” and civil war by refusing to protect citizens and allowing riots. 

Carlson warned that such actions lead to states rejecting federal authority, resulting in “warring nations within the same borders” and “killing at scale.”

These escalating threats from radical Democrats not only endanger federal agents doing their jobs but also erode the rule of law that protects American communities from criminal elements. 

With polls showing a majority of Americans supporting mass deportations, this resistance looks increasingly out of touch and dangerous. 

Enforcing immigration laws isn’t optional—it’s essential to putting America First and restoring order after years of open-border chaos.

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 Fri, 01/30/2026 - 14:17

Tesla Shares Jump 5% After Musk Reportedly Mulls Merging SpaceX, xAI, Tesla Merger

Tesla shares jumped about 5% on Friday after reports suggested that Elon Musk is considering bringing his companies closer together through a possible merger involving SpaceX, Tesla, and artificial intelligence startup xAI. The news helped reverse losses from the previous session, when the stock slid following the company’s earnings report.

According to people familiar with the discussions, SpaceX has been evaluating different ways to combine parts of Musk’s business portfolio ahead of a potential public offering. One option involves a tie-up with Tesla, while another centers on xAI. These talks are still preliminary, and no agreement has been reached, but investors welcomed the possibility of deeper cooperation across the group.

The market reaction was swift. After falling to its lowest level in two months on Thursday, Tesla rebounded strongly in early Friday trading. The rally lifted the company’s valuation back toward $1.65 trillion, signaling renewed confidence in Musk’s long-term strategy despite recent financial pressures.

Much of that optimism reflects the potential overlap between the companies’ ambitions. Musk has repeatedly floated the idea of using SpaceX technology to support large-scale computing in orbit, which could benefit xAI’s push to expand its artificial intelligence systems. Tesla, meanwhile, could contribute through its battery, energy storage, and manufacturing operations, creating a tightly linked ecosystem spanning transportation, robotics, space, and AI.

Financial ties between the firms have already been growing. Tesla recently committed $2 billion to xAI, matching a similar investment made earlier by SpaceX. In a shareholder letter, Tesla said, “As set forth in Master Plan Part IV, Tesla is building products and services that bring AI into the physical world. Meanwhile, xAI is developing leading digital AI products and services, such as its large language model (Grok).”

Musk reinforced that view during the earnings call, arguing that collaboration is central to Tesla’s future. “But if there are things xAI can help accelerate our progress, then why should we not do that?” he said. “And that is the reason why we’ve gone ahead with such an investment. Because this is part of the strategic initiative.” The company has also highlighted links between AI development, its Optimus robots, and autonomous driving systems.

Still, significant uncertainty surrounds any potential deal. People close to the matter say the companies may ultimately decide against merging, and any transaction could complicate SpaceX’s plans for a major stock market debut later this year. That offering, if it moves forward as expected, could be one of the largest in history.

The surge in Tesla’s share price also comes as the company faces near-term challenges. Recent earnings showed weaker profitability, and management has warned that heavy spending is coming as it ramps up investments in autonomy and robotics.

Musk acknowledged the scale of those plans, saying, “This year for Tesla is the first major steps as we increase vehicle autonomy and begin to produce Optimus robots at scale — we’re making very, very big investments.” For now, investors appear to be focused less on short-term risks and more on the possibility that Musk’s interconnected vision could unlock new sources of growth.

Tyler Durden Fri, 01/30/2026 - 14:00

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.

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

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.