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China’s financial house of cards built on limitless debt & “stimulus” is collapsing.

August 19, 2023 7:42 am

China’s Housing Slump Far Worse Than Reported; Half Of State-Owned Builders Warn Of “Widespread” Losses Earlier today, Goldman’s head of hedge fund sales Tony Pasquariello observed that “to this point in the sequence, I’d argue the slowdown in China had been a …

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Categories Heads Up Leave a comment

Quantum computer built by Google can instantly execute a task that would normally take 47 years

August 4, 2023 10:15 am

I think that’s quite impressive. I know you guys have seen it all, heard it all and are not easily impressed but you have to admit this is something else! Almost half a century (for the world’s most powerful supercomputers), …

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Categories Markets Leave a comment

The hope that oil demand will decrease as the world transitions to clean energy is built on a lot of hype and wishful thinking.

July 15, 2023 10:53 pm

via Julianne Geiger: Oil demand’s future is rosier than the common narrative would have you believe, according to a report released today by Energy Outlook Advisors. According to energy analyst and the report’s author Anas Alhajji, the hope that oil …

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Categories Markets Leave a comment

R&B singer cuts up National Anthem live on stage with anti-American lyrics: ‘Blood built this land’

July 7, 2023 9:24 am

Jill Scott was performing on the second day of the Essence Festival on the perceived systemic racism in America, saying the country is “not the land of the free.” Essence, a lifestyle magazine that hosts the festival, commented, “Everyone please …

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Categories Markets Leave a comment

A Bank China Built to Challenge the Dollar Now Needs the Dollar

June 17, 2023 9:02 pm

The New Development Bank is having trouble finding dollar funds to repay debts, the Wall Street Journal said. It was established by the BRICS bloc of nations to offer alternatives to dollar lending. But its own finances were deeply reliant …

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Categories Markets Leave a comment

The 2021 Infrastructure and Jobs Act requires all cars built after 2026 to monitor drunk driving.

June 9, 2023 1:20 pm

via independentsentinel: A law has been passed that will affect every person in the United States. It’s part of the infrastructure bill. The government often overreaches and is doing so in the case of drunk drivers -robbing people of their …

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Categories Markets Leave a comment
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