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20/07/24
03:02
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Originally posted by kacy:
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"How quickly the narrative changes? Are we seeing the beginning of the first leg down in what will eventually become the market crash?" Yep, I reckon so - it's a game changer. Look out below! Looks like Biden is dropping out and they are using this covid infection BS as the excuse why he can't continue. The truth is the economy is crumbling and Biden will be blamed for it if he stays - so he has to go. They will probably pick Kamala Harris as Biden's replacement and focus on welfare (handouts) as their re-election strategy. So, now the market will (has to) go down (along with the economy) so that they can justify giving everyone a big rate cut just before the election. The Republicans have said they are going to make the fed accountable (biased) if they cut rates before the election. So, to justify the rate cut, they need the market to go down and unemployment to go up. (Its already doing that.) The Republicans have to be careful, because Harris will say, "We gave you the rate cuts. The republicans tried to stop us." I doubt that this strategy will work with Trump. Its all going to zero regardless of who wins to defuse the debt bomb - expect the markets to drop by about 40-80%.
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Kamala wont make it to election day in that position. The Dems don't like her either. Just a play to get votes. Remember Roosevelt? His VP was a commie and was not given the Pres role when he died. I think the next one was Truman? Same will happen here.
Originally posted by ProfessorBen:
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Proof of how dangerous the world has become by giving one big company control of everything — airlines, hospitals, banks, power grid, water network. Now imagine giving all that power to AI sh*.
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Originally posted by wave4:
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Most of the blame must go to the individual companies who did not test the cloudstrike agent update in a test environment before moving it to a production environment? Seems to have only affected the self service portals (eg: Woolies, Bunnings,Virgin) which is running the Windows O/S. Card networks are all ok as I was able complete my transactions through a normal checkout.
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Isn't this a repeat of what happened a year ago with that external piece of software that had a backdoor built in (if I recall correctly)? Sun something... Lessons never learnt, or maybe the backdoor didn't work while scanning everyone's data? But I never told anyone that ok!! Oh and all this can be fixed with a CBDC