iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
22,033 Blog Posts

BIDEN SAYS U.S. WILL DEFEND TAIWAN MILITARILY AGAINST CHINESE INVASION

Morning lads.

Some insane fucking headlines this morning, starting off with the shit coming out from Biden’s mouth in Japan.

Here we go.

BIDEN: CHINA DOES NOT HAVE THE JURISDICTION TO USE FORCE TO TAKE OVER TAIWAN

RUBLE HITS 4 YR HIGHS

RUSSIA TO INTRODUCE THE RUBLE IN OCCUPIED KHERSON REGION – TASS

BIDEN ADMINISTRATION HAS NOTED ‘WORRISOME DECLINE’ IN DIESEL INVENTORIES IN NORTHEAST IN RECENT WEEKS

Indonesia summoned Britain’s ambassador on Monday to explain the raising of a lesbian, gay, bisexual and transgender (LGBT) flag at its embassy, and urged foreign missions to respect local “sensitivities” following a backlash among conservatives.

On the war front, it is decidedly Russian dominance in the Donbas. The momentum has completely shifted once Russia began to fight a conventional styled war.

I sold out from both my MONKEYPOX stocks at 4am for big gains, now long TZA and CHK. I’ll likely move to cash at the open and sit out most of the session, having already made 1% for the day.

If you enjoy the content at iBankCoin, please follow us on Twitter

11 comments

  1. purdy

    or “U.S. will defend China militarily against China if China invades China”

    • 1
    • 0
    • 0 Deem this to be "Fake News"
  2. juice

    Each new military debacle is another nail in the coffin of Pax Americana. https://scheerpost.com/2022/05/23/hedges-no-way-out-but-war/

    • 1
    • 0
    • 0 Deem this to be "Fake News"
    • traderconfessions
      traderconfessions

      Hmm.. now which party has voted against every one of the items below…

      No high speed trains. No universal health care. No viable Covid relief program. No respite from 8.3 percent inflation. No infrastructure programs to repair decaying roads and bridges, which require $41.8 billion to fix the 43,586 structurally deficient bridges, on average 68 years old. No forgiveness of $1.7 trillion in student debt. No addressing income inequality. No program to feed the 17 million children who go to bed each night hungry. No rational gun control or curbing of the epidemic of nihilistic violence and mass shootings. No help for the 100,000 Americans who die each year of drug overdoses. No minimum wage of $15 an hour to counter 44 years of wage stagna

      • 1
      • 4
      • 0 Deem this to be "Fake News"
      • metalleg

        Dumbbell

        • 3
        • 0
        • 0 Deem this to be "Fake News"
      • juice

        https://twitter.com/blackintheempir/status/1528739829294440448

        If the Dems had run on trying to start WWIII, American citizens giving $54 billion to weapons manufacturers to arm Nazis, soaring inflation, running out of baby formula, high gas prices and food shortages, they could say ‘Promises made, Promises kept’

        • 2
        • 0
        • 0 Deem this to be "Fake News"
      • j

        1.You don’t need high speed rail for the most part. The US is a plane and car culture.

        2. Covid relief program is taking a pain tablet and going to bed.

        3. The US has huge debt. The US also has first rate infrastructure. Remain silent.

        4. Debt is debt and is meant to be paid back- unless you’re a demonrat.

        5. Income inequality is a feature of the capitalist system. Don’t like it, emigrate to North Korea.

        6. No one goes hungry in the US, you drama queen.

        7.there are numerous restrictions to purchasing guns. You’re really for a total ban. Not going to happen unless there’s a constitutional change.

        8.lock up the southern border.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
  3. Mr. Cain Thaler
    Mr. Cain Thaler

    We aren’t going to do shit if China invades Taiwan. Now is the perfect time for every foreign autocrat who’s been biding their time to strike.

    • 2
    • 0
    • 0 Deem this to be "Fake News"
  4. traderconfessions
    traderconfessions

    Your boy Trump just endorsed Civil War on the interweb. No problem with that I assume? Better get your NJ ass back up the turnpike before they start executing Northerners.

    • 2
    • 6
    • 1 Deem this to be "Fake News"
  5. roguewave

    B also said he graduated with a triple major and in the top half of his class.
    none of it true
    and that was pre-senility

    • 3
    • 0
    • 0 Deem this to be "Fake News"
  6. Cricket

    Things are getting a bit hot around the world.

    Increased activity in Syria. Russia is scaling back troop deployment but these are being replaced by Iranian military. Increased activity by the PKK (Kurdistan) and Turkey in the north of Syria. Israel getting more belligerent.

    The Republic of South Ossetia + The State of Alania (previously part of Georgia) is to hold a referendum in July on becoming a part of Russia. This region is another flash point – on the Black Sea just to the north of Turkey. The remaining bits of Georgia, like Ukraine, have turned to the United States for support. They may learn, like Ukraine, that this is a fatal mistake.

    I wondered all along if the pause by Russia was related to Orthodox Easter which is the most important religious celebration of the Orthodox faith. This year it fell on April 24-25, but there were 40 days of fasting and 7 days for “Lazarus Week” prior. Just speculating though.

    Moscow is the current centre of the Orthodox faith, with an intent to return it to a restored Christian Constantinople. No doubt there will be great celebrations at Hagia Sophia when this happens.

    Now Biden has just done the equivalent of lighting a match in a Chinese fireworks factory. White House spox are trying to walk it back.

    But Ukrainian officials are claiming that the US is laying plans to destroy the Russian fleet that is currently blockading the Black Sea ports of southern Ukraine and Moldova. This won’t go down well in the Kremlin.

    And of course Finland and Sweden have said “we’re going to join NATO, but don’t worry Russia, we won’t allow their military bases here”. LOL.

    How long can this go on before somebody crosses a red line and starts a hot war?

    • 2
    • 0
    • 0 Deem this to be "Fake News"
    • Cricket

      Oh I forgot to mention that Russia is currently rolling out production the Sarmat (Satan 2) ICBM, which reportedly will render all US missile defense technology obselete – for perhaps 50 years or more.

      • 1
      • 1
      • 0 Deem this to be "Fake News"