Independent thinking for complex markets and current events
The U.S. economy is currently a “hollowed-out” powerhouse. While the 2% GDP surge looks decent on a teleprompter, new data confirms that nearly three-quarters of that growth is just the tech giants frantically buying server racks and H100 chips to avoid falling behind in the AI arms race. Outside the Silicon Valley bubble, the “real” …
Authorities in Michigan say search crews did not find any additional bodies inside a Church of Jesus Christ of Latter-day Saints chapel where a former Marine opened fire and set the building ablaze, killing four people. (AP video: Mark Vancleave).
via Mike Shedlock: The welfare state is booming along with social assistance for illegal immigrants. Jobs data from the BLS, chart by Mish Welfare State Surge 2022 vs. 2023 Government: 5.74% 2022 vs 24.92% 2023 Social Assistance: 16.31% 2022 vs 34.11% 2023 Government + Social Assistance: 22.04% 2022 vs 59.02% in 2023 Government employment and Social …
by Chris Black It’s funny to talk about how Trudeau supports “just going ahead and killing everyone.” But this is… wow. It’s hard to grasp. These are unbelievable numbers. Unherd: Last year 4.1% of all deaths in Canada were due to MAiD (medical assistance in dying), according to the country’s health ministry. This amounts to …