Independent thinking for complex markets and current events
BANKING CRISIS Worsening! Another 100mill rescue. From 0 to 100 million in bailouts, (every couple weeks) soon this will be in the billions. Won't be long. pic.twitter.com/D9lAQeshFv — The Great Martis (@great_martis) June 13, 2024 Stocks are about to do something completely crazy Buckle up pic.twitter.com/g8fcsjrBbD — Bravos Research (@bravosresearch) June 14, 2024 Pay attention. …
The House Armed Services Committee chairman’s mark of the bill, released Monday, shows lawmakers approving $1 billion for another Virginia-class attack boat. The HASC seapower and projection forces subcommittee’s mark of the bill provides the Navy with incremental funding authority to buy the second boat. “For the second time in less than 5 years, the …
God Bless President Putin and Russia. Stick it to the EU good and hard. Lets see if the take it as good as the give it? Assholes! https://t.co/4dZSmuqu8G — James Rainwood (@JamesRainwood) May 18, 2024 Russia has the lowest debt to GDP ratio in the worldhas budget surpluses and an economy growing faster than any …
Read an article based on this report on Bloomberg Business Week, an article about this report on The Crimson (Harvard’s student newspaper), and a harsh critique from AgriInvestor on how Harvard has reacted to our report. —– One of the world’s major buyers of farmland is under fire for their involvement in land conflicts, environmental destruction and risky investments. A …
Fallen cryptocurrency exchange FTX has raked in billions of dollars more than it needs to fully pay back customers who lost funds in its November 2022 collapse. In a rare twist versus typical US bankruptcy proceedings, FTX — whose downfall recently spurred a 25-year prison sentence for its former CEO Sam Bankman-Fried — also has …
A congressional investigation found that Wall Street used billions of dollars of American retirement savings and other investments to buy shares in index funds that included several blacklisted Chinese companies, the Wall Street Journal reported Thursday. The probe, conducted by a bipartisan House committee empowered to devise strategies for the US to counter China, focused …
Democrats are playing a dangerous game with public health by objecting to drug contamination testing in homeless housing. It’s a baffling stance that could keep addicts in toxic conditions. Why? Because they falsely claim there’s no clear evidence that drug contamination is harmful. This head-scratcher of a policy comes as the county uses taxpayer dollars …
Another week, another one or two billion dollars in losses at our central bank – Powell & Co. are the worst…@alifarhat79 pic.twitter.com/ltjqJjsDei — E.J. Antoni, Ph.D. (@RealEJAntoni) April 15, 2024
Almost a decade ago, the light-rail system in Ethiopia’s bustling capital of Addis Ababa was hailed as a revolutionary solution to the city’s transportation woes. Envisioned as a project that would redefine urban transport, the system promised to sweep up to 60,000 passengers per hour along its tracks. Today it sits as a daily reminder …
https://wallstreetonparade.com/2024/04/for-the-first-time-in-history-the-fed-is-reporting-billions-in-losses-weekly-its-still-paying-high-interest-income-to-the-mega-banks-on-wall-street/ The Federal Reserve is losing billions of dollars weekly for the first time ever. Here’s the breakdown: The Problem: The Fed gets low interest (~2%) on the massive amount of bonds it bought during economic stimulus programs (QE). However, they pay high interest rates (over 5%) to big banks for parking cash with them. This leads …
Sanctuary Cities Giving Billions To Illegal Migrants 🚨 $1,000 Guaranteed Income Coming For Migrants – $1,000 debit card each every month – $1400 SNAP benefits In Los Angeles every month – Full coverage health insurance – Will soon get $1,000 a month through LA’s new guaranteed income pilot program, which is immigration status is not …
This column has written many times, in vain, about student loans, beginning here on May 8, 2014, with “Hey, Hey, Ho, Ho, Student Debt Has Got to Go!” but Republicans have yet to pull the fast one on the Democrats that was recommended in the columns. However good an idea student loans may have been …
Tens of thousands of illegal immigrants are flooding into U.S. hospitals for treatment and leaving billions in uncompensated health care costs in their wake. The House Committee on Homeland Security recently released a report illustrating that from the estimated $451 billion in annual costs stemming from the U.S. border crisis, a significant portion is going …
Desperate property developers in China have resorted to gifts like new cars, free parking spaces, phones and other consumer goods to attract homebuyers and boost flagging sales. These incentives are just the tip of the iceberg in a crisis involving hundreds of billions of dollars in home builder debt, trillions in local government debt and …
by Chris Black This stands true for basically every industrialized/”liberal” country, and by liberal I mean so-called democracy. That’s because there is no way to incentivize women to have kids. The Guardian: South Korea’s demographic crisis has deepened with the release of data showing its birthrate – already the world’s lowest – fell to a new …
🤣🤣🤣 Google loses 90 billion in stock value after their woke AI product Gemini is exposed. Woke Embarrassment: Google‘s Botched Gemini AI Launch Erases $90 Billion in Stock Value https://t.co/q5NjTcNh7W via @BreitbartNews — PatriotSons (Thomas) (@Patriot_Sons) February 27, 2024 Google’s market value plunged by $90 billion on Monday amid controversies surrounding its new generative AI …
Borrowers approved under SAVE plan will receive emails from President Biden Education Department will identify eligible borrowers and cancel debt under the plan on a regular basis going forward Administration has canceled nearly $138 billion in student loan debt in total for almost 3.9 million borrowers to date 150,000 borrowers on Wednesday as part of …
In 2021, Bezos, Musk, and Zuckerberg unloaded $42.9 billion worth of stock in December They top ticked the market Now they’re selling heavily again, with Bezos and Zuckerberg offloading $10 billion the past month What do you think will happen this time? pic.twitter.com/ggBOlpUd3M — Insider Tracker (@TrackInsiders_) February 21, 2024 God help us all. It's …
by catbulliesdog PHOTO ILLUSTRATION: THE BUREAU INVESTIGATES TORONTO METHOD MORTGAGE LEAKS Here is the Link from The Bureau all credit to Sam Cooper. The publisher is a small Canadian anti-corruption web-zine, but they do appear to have the goods with a whistleblower who already tried to report this internally, and they have a lot of internal banking documents …
via moneymetals: The Federal Reserve recorded a record loss of $114.3 billion in 2023, and you (the American taxpayer) are on the hook. The last time the Fed ran a net operating loss was 1915. The loss was a direct result of the Fed’s interest rate hikes to fight price inflation. Rising interest rates create big …
by confoundedinterest17 Joe Biden is the candyman for Ukraine. Ukrainian President Volodymyr Zelensky has lashed out at former President Trump over his Ukraine stance and recent rhetoric, particularly the GOP presidential front-runner’s claim that he can negotiate peace between Kiev and Moscow within 24 hours. This terrifies Zelensky since his family and friends are addicted to the …
The Senate beat back an amendment from Sen. Rand Paul to limit foreign aid to the Palestinian Authority in the West Bank and Gaza. It failed 44-50 as the chamber neared a final vote on a short-term government funding patch that would keep the lights on until March. “The only thing consistent about American foreign aid is …
After getting his 2023 forecast catastrophically wrong in Nov 2022 when he predicted the S&P would close 2023 at only 4,000, or effectively unchanged for the year… … Goldman’s chief equity strategist David Kostin scrambled to overcompensate in his next annual preview, first writing in his 2024 Equity Outlook note published in mid-November that he …
The vestiges of an ancient forest tell the story of just how bad things are at the drought-stricken Panama Canal. A few hundred feet from the massive tankers hauling goods across the globe, gaunt tree stumps rise above the waterline. They’re all that remains of a woodland flooded more than a century ago to create …
Per Rooters…. At this point, they are just trying to lay the blame for losing on someone else, you can already see the narrative strategies. Ukraine's latest weapons request includes THAAD air defenses and F-18s https://t.co/as8lQ8cYAn pic.twitter.com/wRRjjVoskS — Reuters World (@ReutersWorld) December 7, 2023 They are being told that the defeat of Ukraine will be …
WSJ: Billions in U.S. Funding Hasn’t Convinced Developing World to Ditch Coal “South Africa and Indonesia are backtracking on commitments to burn less of the dirtiest fossil fuel JOHANNESBURG—Wealthy nations are sending tens of billions of dollars to poorer ones for clean energy, the linchpin of a global strategy to cut greenhouse-gas emissions in the …
by Chris Black Most of this racket-money is going into scam “green energy” companies that the people pushing the hoax are heavily invested in. Basically, government officials are paying themselves to cover the earth in ugly, poisonous windmills that don’t work and can’t ever be safely disposed of. The Guardian: China and other big developing …
The German steel sector, facing a substantial budget shortfall due to a court ruling, is sounding an alarm on the nation’s industrial transformation. With more than 40 billion euros ($44 billion) in planned investments now under scrutiny, the sector is grappling with a loss of confidence and growing uncertainty. How long before the steel industry …
As (completely unfounded) rumors swirl over the OpenAI board’s sudden shock firing of CEO and co-founder Sam Altman, Bloomberg reports, citing people familiar with the matter, that in recent weeks, Altman was actively working to raise billions from some of the world’s largest investors for a new chip venture to reportedly rival NVDA’s. The project …
TIM BURCHETT: “We are funding the Taliban with $10 Million American dollars through the UN. and 7 Billion in armaments.” WHY DO WE FUND THE ENEMY? pic.twitter.com/iZYH4rJHLA — Chuck Callesto (@ChuckCallesto) November 14, 2023 Why are we giving away hundreds of billions of $$$ per year to other countries when we are broke? We have …