Independent thinking for complex markets and current events
China’s shipbuilding capacity is 232 times greater than the US, per leaked US Navy intelligence. A leaked US Navy briefing slide with the information circulated online in July, per The War Zone, an online newsletter. The slide was titled “PLAN vs. USN Naval Force Laydown,” and appeared to be marked “unclassified.” According to the data …
So many economies around the world are in completely opposite situations. Some central banks are cutting rates, some are pausing, and others are hiking. The next few months are going to be really interesting. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) August 28, 2023 Eurozone credit growth …
‘Moscow and Tver plan to accept 3,000 families from South Africa A rural community about halfway between Moscow and St. Petersburg has been selected as the location of an “African village,” according to the African International Congress in Russia. The project is a part of a five-year pilot program to settle thousands of migrants from …
via naturalnews: The automotive industry is losing money hand over fist as it attempts to comply with the Biden regime’s “green” energy initiatives, which includes eventually replacing all gas-powered cars with electric vehicles (EVs). General Motors (GM) is reportedly struggling with costs as it feverishly works to unleash more EVs while still maintaining some kind of …
The fission-based reactor will use a special high-assay low-enriched uranium (HALEU) and we are partnering with @BWXT to develop the nuclear reactor and produce the HALEU fuel. pic.twitter.com/7d4LJ0TrQC — Lockheed Martin Space (@LMSpace) July 26, 2023 h/t javierruizleon
by confoundedinterest17 Biden’s massive spending spree (aka, Build Back Better) has a new name: Build Back Bankrupt! According to Epiq, Commercial Chapter 11 Filings Increased 68 Percent in the First Half of 2023. NEW YORK – July 03, 2023 — The 2,973 total commercial Chapter 11 bankruptcies filed during the first six months of 2023 represented a …
The term “build back better” was first introduced to UN at the United Nations Economic and Social Council (ECOSOC) in July 2005 by former United States President Bill Clinton, the Secretary-General’s Special Envoy for Tsunami Recovery. https://en.wikipedia.org/wiki/Building_Back_Better#:~:text=The%20term%20%22build%20back%20better,Special%20Envoy%20for%20Tsunami%20Recovery. View post on imgur.com https://www.slideshare.net/kingmfai/build-back-better-meeting-3-5-jun-2010 h/t A Deplorable Neanderthal
via naturalnews Chinese scientists have built a hypersonic generator that is capable of powering a range of weapons and military lasers as well as rail guns and microwave weapons, and the compact format of their generator means its potential uses are staggering. Using a controlled detonation, Chinese researchers found a way to turn hot gas into …