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Google 

Anti-trust, 
Treason & More 
I wanted to start a new email here where each week on Friday I do a 
round up or recap of the week, based on the stories I found and things 
going on. This may not be relevant each week but this last week it sure is 
as there was so much going on. Lets dive in… 

Facebook, Google & Amazon met with lawmakers this week on the start 
of the anti-trust cases, which seems to be going better than many 
expected- meaning CHANGE looks to be coming. Here is a small recap 
of the back and forth on big points… 
 

Qualcomm just got hit with another antitrust in EU over predatory 


pricing for $272M​. 
Peter Thiel tweeted out suggesting that Google should be investigated 
for Treason, which is a HUGE claim to make, that was then retweeted by 
President Trump stating the administration will look into it. Things 
could be getting a lot worse for Google in the near term. 

Donald J. Trump 

@realDonaldTrump 

“Billionaire Tech Investor Peter Thiel believes Google should be investigated for treason. 
He accuses Google of working with the Chinese Government.” ​@foxandfriends​ A great 
and brilliant guy who knows this subject better than anyone! The Trump Administration 
will take a look! 

July 16th 2019 

29,221​ Retweets​108,212​ Likes 

Facebook was also in the hot seat this week over the Libra project, 
Marcus David did an awful job answering questions with either vague 
answers or no answer on important topics about privacy, not sure where 
that is gonna go but Senate and House seem completely done with 
Facebook and its repeated abuse of privacy. $FB stock coming back 
down last two days, lets see what happens today. 
What was more interesting to me was in the Libra hearings, they 
naturally had to talk about Bitcoin and there was a sort of comparison 
being had to Bitcoin, when this happens it almost makes a pro-Bitcoin 
argument which isn’t what lawmakers want but when compared to 
Libra, they took it. There was even reference this week to shitcoins, in 
public hearing a lawmaker called altcoins “shitcoins”, omg I almost died, 
what a time to be alive! 

Shifting gears here into central banks and fiscal policy I saw two 
interesting things happening this week… 

First off, Central banks started to roll out some interesting PR, there was 
a fresh batch of “Central banks can’t save countries on their own” 
further insulting themselves from any economic fallout as surely they 
can point back at articles like this with the “we’ve been saying this could 
happen for ______”, there is even a new TV show about Central Bankers 
being “heros”. 

Neil Woodfine 

@nwoodfine 
Someone hired a new PR agency? 
 

July 17th 2019 

10​ Retweets​83​ Likes 


Next and this is the big one, ​Russia is working with Instex which is a 
SWIFT bypass​, yet another step in the direction of removing the USD as 
the global reserve currency. When you also look at the aggressive 
expansion China one-belt road initiative has been making with 
partnerships etc, there are many countries trying now to insulate 
themselves against US sanctions. I feel strongly that the USD will loose 
reserve currency status, just not sure what that will mean just yet. 

The US House approved legislation that would more than double 


minimum wage to $15 per hour, which if you read my email earlier this 
week titled “​the real reason you need a side hustle​” you get now that 
there is such a huge disconnect between cost of living and wages. 

Irish Banks pay out more than $770M​ over mortgage scandal that has 
tarnish Irish banking for over a decade, more proof that things are 
starting to tighten up and there is some serious clean up happening. 

That’s it for now! 

-Jameson Brandon 

https://empireresearch.net/2019/09/3-indicators-that-usd-will-lose-reserve-status
 

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