A BIG rumor about XRP just came out

Elon Musk's potential acquisition of Ripple Labs could dramatically increase XRP's price, leveraging his pro-crypto stance, desire for a payment platform, and ownership of X as a major advertising platform.

Musk's strategic silence on XRP and Ripple, including a quiet response in a public forum, suggests he may be positioning himself for a potential investment or acquisition.

Musk's criticism of the SEC's scrutiny of Ripple and XRP aligns with his belief that the agency is overstepping its bounds and targeting Ripple due to XRP being a direct threat to the US Swift payment system.

Investing in Ripple could provide liquidity for Musk's own systems, as he believes any payment gateway should have XRP integrated along with other chains.

Musk's involvement could make XRP a gateway to currencies, which he views as ultimate wealth creation, potentially transforming XRP into a major player in the global financial system.

This will end badly

Trump's proposed 25% tariffs on Canadian and Mexican imports would increase inflation by nearly 1%, causing short-term economic pain and supply chain bottlenecks, according to Goldman Sachs estimates.

The proposed tariffs on Canada, Mexico, and the US (accounting for 43% of US goods imports) would result in slightly less than $300 billion annually in tariff revenue.

Trump's tariffs aim to undo Biden's policies allowing massive trade blocs like China, India, Russia, Brazil, and South Africa to move forward together, potentially convincing countries like Mexico to join them.

Walmart expects one in three holiday shoppers this year due to inflation, as many Americans struggle financially and can't afford other stores.

The tariffs would boost core PCE prices by 0.9%, potentially causing a tariff-linked increase in October PCE readings due out on Wednesday, scrambling Fed rate calculations.

Black Friday Financial Free For All

Tax sales and foreclosures present exceptional investment opportunities occurring every 7-10 years, with the current cycle expected to surpass the Great Recession in scale.

The Ninja advises protecting Bitcoin accounts by using desktop versions of trading platforms like Coinbase and Gemini, then transferring funds to cold storage devices like Trezor to prevent hacking.

XRP, developed by Ripple, is anticipated to reach $5 in 2025, with the Ninja believing it will be chosen to help revitalize America's currency.

Real estate is experiencing a nationwide downturn, with 20-25% of listings showing price reductions, even in small towns like Gillette, Wyoming.

The economy is declining, evidenced by struggles in cars, airlines, and discount stores, with Louis Vuitton facing difficulties due to consumers' inability to afford rent after spending stimulus money.

The Ninja is developing courses to teach 1 million people how to become millionaires through investing in tax lanes and foreclosures, emphasizing the importance of financial organization and debt reduction.

Should Crypto Investors Sell Bitcoin To Buy XRP

XRP has outperformed Bitcoin and Ethereum with a 136% surge in November, offering the biggest gains to investors who bought in the last year.

XRP's potential to run central bank digital currencies and existing currencies on its platform makes it attractive to central banks and governments.

XRP's low transaction fees and fast processing make it ideal for cross-border payments, giving it an advantage over Bitcoin and Ethereum.

The destruction of XRP's transaction fees reduces its supply and potentially increases its value as adoption grows.

The Economic Ninja allocates 70% of total holdings to XRP, believing it's a significant investment and a good store of value.

Customers are walking out of Home Depot

Governments and corporations are orchestrating a slow push towards a cashless society, with banks penalizing large cash transactions and venues like sports stadiums only accepting card payments.

Major retailers like Home Depot and Walmart are reducing cashiers and increasing self-checkout lanes, leading to job losses and longer wait times for customers.

Convenience stores and airports are implementing completely cashless systems, using technology to scan customers upon entry and exit for automatic payment processing.

The Economic Ninja suggests boycotting self-checkout lines and opting for human cashiers as a way to support jobs and potentially reverse the trend towards automation.

Voting with purchases against companies implementing "woke" or DEI policies can be an effective way to impact their revenue and social media presence, according to the Economic Ninja.

The Countdown Has Begun...

Bitcoin surged above $96,000 before Thanksgiving, while XRP maintained a 25.64% gain and held above the $136 support level despite broader market corrections.

The 10-year Treasury yield fell 5.4 basis points to 4.24%, signaling potential mortgage rate drops, while the 2-year Treasury yield dipped 3.3 basis points to 4.21% as the Fed lowers rates to combat persistent inflation.

France's political crisis is impacting financial markets, with its 10-year government bond yield reaching the same level as Greece's for the first time on record.

Gold and silver prices fell 3% to $2,627 and $30 respectively, as the US dollar strengthened amid ongoing inflation concerns.

Germany and France are facing economic challenges, with Germany's economy declining and France's political turmoil driving borrowing costs to match Greece's unprecedented levels.

The IRS now needs more...

The IRS faces a $20 billion shortfall and may exhaust its 10-year enforcement fund by 2025, potentially impacting its ability to issue tax refunds and necessitating dramatic decisions like halting hiring.

According to the Economic Ninja, the IRS plans to hire 45,000 additional armed agents, allegedly targeting the middle and lower-middle class who hold the most collective wealth.

The IRS is requesting an additional $20 billion in funding, purportedly to hire more armed agents to pursue individuals the government considers rich.

The Wall Street Journal reports that budget cuts and a quirk in Congressional funding are contributing to the IRS's financial challenges and potential early depletion of its enforcement fund.

The Biden administration's initiative to bolster IRS enforcement by hiring 45,000 new agents is portrayed as a measure to ensure the public continues working and generating revenue for the government.

If you ever want to own a home or rental properties, watch this now

Real estate cycles repeat every 7-10 years and 50-100 years, with the 2007-2008 Great Recession and current downturn mirroring past patterns, suggesting a predictable market rhythm.

Home builders are forced to construct and sell homes even in unfavorable market conditions, leading to unsold inventory of 492,000 new homes, the highest since 2009, with completed homes spiking 53% to 116,000.

High-end homes are facing 15-20% price concessions to attract buyers, indicating fake rich with excessive debt, while low-income buyers are deterred by high interest rates, insurance, and property taxes.

Tax foreclosures are outpacing bank foreclosures, with properties selling for 50% less, as homeowners prioritize other expenses over property taxes.

The Federal Reserve's rate cut in 2008 caused a brief surge in home sales, but unexpected rate stability led to a mini hyperinflation and potential liquidity event, risking a market crash.

Black Friday Deals Going On Now