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👑👑Breaking News: Microsoft Blames EU for CrowdStrike Tech Failure👑👑 Microsoft has pointed to a 2009 agreement with the European Commission for its latest tech mishap, which stops it from securing its OS like Apple. This deal, requiring Microsoft to allow other security software access to Windows, resulted in the infamous blue screen of death affecting 8.5 million machines globally. The fallout impacted key sectors like healthcare and media, with major airline disruptions, including Delta Airlines. The issue stemmed from a faulty update by CrowdStrike, a cybersecurity firm. Critics like Elon Musk and Stephen King blasted CrowdStrike's CEO for his response. This incident highlights the persistent cybersecurity challenges Microsoft faces, often targeted by hackers from Russia and China. Advocates suggest that decentralization could mitigate such disruptions by distributing data and security controls across multiple nodes, ensuring system resilience. The event emphasizes the urgent need for robust cybersecurity strategies in our digital age. Stay updated with Smart Money Institute 🌱
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First principles thinkers.💭🌱
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🚨🚨Biden's COVID-19 Tests Positive: The Anointing Black Swan Event?🕰️ 🌱Is this the anointing Black Swan event that will enable XRP to flip BTC and ETH? The financial world is abuzz with speculation and uncertainty as President Biden's COVID-19 tests come out positive. This development raises questions about its impact on the markets and the global economic landscape. 💰💰In the eyes of the banking mafia, a Black Swan event during the transition to a new banking system is an unexpected, unpredictable event with severe consequences. These events disrupt financial markets and economies, causing widespread panic and instability. The 2008 financial crisis and the COVID-19 pandemic are prime examples. 🚨🚨Previously, rumors of a failed assassination attempt on former President Donald Trump were seen as a potential Black Swan event. 🚩However, the real Black Swan might be Biden contracting COVID-19. As COVID-19 resurges, its impact on public health and the economy could be profound, leading to another wave of economic disruption and market volatility. 🚩Could this be the event that propels XRP to flip BTC and ETH? The uncertainty caused by such a Black Swan event might drive investors to seek alternatives, potentially boosting XRP's value. 👑Citizens and partners of the kingdom are urged to remain vigilant. The resurgence of COVID-19 could have far-reaching effects on financial markets and the adoption of digital currencies, possibly leading to a historic shift in the hierarchy of cryptocurrencies.👑 Stay updated with Smart Money Institute🌱
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👑👑👑Kingdom citizens and partners, be alert: Wall Street is expressing significant concerns over the Federal Reserve's plans to cut interest rates. 👑👑👑 Major financial institutions like Bank of America show mixed reactions, revealing uncertainty about the Fed's monetary policy direction. Bank of America's management predicts three rate cuts in September, November, and December, while their chief economist, Michael Gapen, initially forecasted just one in December. However, with recent mild inflation figures, Gapen adjusted his predictions, highlighting internal divergences and broader market uncertainty. Market expectations have shifted significantly. Derivative markets now indicate a 93.3% chance that the Fed will lower its target range for the federal funds rate to 5-5.25% by September, down from the current 5.25-5.50%. Additionally, there’s a 6.7% chance of a half-point cut, reflecting potential reductions in July and September. This shift follows the latest consumer price index report, which shows a 0.1% monthly decline, bringing annual inflation down to 3%—the lowest in three years. In response, institutions like Barclays, BNP Paribas, Deutsche Bank, and JPMorgan have revised their forecasts to align with new market expectations. Previously anticipating a single quarter-point reduction by December, they now predict earlier cuts. Fed Chairman Jerome Powell has stated that the central bank is ready to act by September to ensure confidence in inflation returning to its 2% target. 🚩Stay informed and prepared as these developments will significantly shape the economic landscape in the coming months. SMI🌱
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Ladies and gentlemen, the new gold and silver of the new Federal Reserve financial system: a digital currency backed by ODL, etfs and tokenized assets. In our kingdom, we recognize that true empowerment of our constituency lies in embracing this innovative approach. By doing so, we ensure the wealth generated from our land and resources is securely and efficiently managed, driving economic growth, stability, and a prosperous future for all. This is the path to sustainable empowerment and sovereignty. 🌱 Let Us Guide You👑 Smart Money Institute 🌱
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