Independent thinking for complex markets and current events
The wealthy are building “passport portfolios” — collections of second, and even third or fourth, citizenships — in case they need to flee their home country. Recent high-profile examples of second citizenships include billionaire tech investor Peter Thiel, who added a citizenship in New Zealand, and former Google CEO Eric Schmidt, who applied for citizenship …
The FBI is conducting a criminal investigation into the deadly collapse of Baltimore’s Francis Scott Key Bridge that is focused on the circumstances leading up to it and whether all federal laws were followed, according to someone familiar with the matter. The person was not authorized to discuss details of the investigation publicly and spoke …
The idea of seizing Russia’s assets in the US and EU as a response to the ongoing conflict has sparked heated debate, with critics warning of dire consequences. Proposals to confiscate frozen Russian assets and divert them to Ukraine are not only shortsighted but could also spell disaster for the United States and its allies. …
‘Social Order Could Collapse’ in AI Era, Two Top Japan Companies Say Telecommunications company NTT and leading newspaper Yomiuri to issue manifesto calling for new laws to restrain generative AI TOKYO—Japan’s largest telecommunications company and the country’s biggest newspaper called for speedy legislation to restrain generative artificial intelligence, saying democracy and social order could collapse …
Turkiye has followed suit with its NATO allies and Russia in suspending an arms treaty that imposed limitations on conventional military equipment in Europe. Turkish President Recep Tayyip Erdogan signed a decree on 4 April to suspend Ankara’s duties under the Treaty on Conventional Armed Forces in Europe. In November last year, Washington and NATO members withdrew from the …
The Target corporation was once known for being a retail giant and a very popular household name. The founder of the Target Corporation, George Dayton created the business with the people and community in mind. E-commerce came in and changed the game for traditional retail, this led to shifts in consumer behavior and expectations. Dive …
California’s fast-food industry is undergoing a major shift with the implementation of a new minimum wage law, set to increase hourly wages for fast-food employees to 20 dollars. This significant hike, amounting to a 25% raise from the previous rate of 16 dollars, has sparked debates and concerns among restaurant owners, franchisees, and consumers alike. …
A worldwide collapse of civilization could be triggered by what are called existential risks. Existential risks have been studied extensively by Swedish philosopher Nick Bostrom, who created the graphic above of qualitative existential risk categories. Bostrom now runs the Future of Humanity Institute at Oxford University, which specializes in the study of existential risks. Bostrom defines existential risks as a …
The federal budget hurtles towards disaster, stuck on autopilot with spending spiraling out of control. Even drastic cuts won’t suffice. Inflating our way out is futile; mandatory spending is tied to inflation. There’s no cash for green energy ventures, welfare, or shady deals abroad. The bill is looming, and bond market tremors hint at impending …
In the wake of the deadly Francis Scott Key bridge collapse in Baltimore, container shipping giants are wasting no time in forcing shippers to foot the bill for products that will no longer be dropped off at the Maryland city’s port. Mediterranean Shipping Company (MSC), Maersk, CMA CGM, Hapag-Lloyd and Cosco Shipping are among the …
What is going on in our nation’s waterways? First, it’s the goods and supplies, now it’s the food. BREAKING: A company just spewed so much chemical fertilizer into a river in Red Oak, Iowa and Missouri that it has killed almost 800,000 fish over 60 miles. so far … 🚨🚨🚨 pic.twitter.com/5q6KWZwLCI — Wall Street Mav …
Two high-speed military cargo ships are stuck in the Port of Baltimore following Tuesday morning’s collapse of the 1.6-mile-long Francis Scott Key Bridge. The major US East Coast port has been paralyzed for several days as the bridge collapse prevents inbound and outbound vessel traffic along the harbor’s channel. Using the automatic identification system, or AIS, …
BREAKING: Baltimore, Maryland bridge collapse investigation reveals no electronic recordings, cameras, or CCTV footage were found on DALI, VDR sensor data was interrupted while being turned on and off, and audio recordings are hard to comprehend due to background noises,… — Patrick Webb (@Patrickwebb) March 28, 2024 As The Gateway Pundit reported earlier the National …
⚠️ LIVE: Biden on Bridge collapse in Baltimore. https://t.co/FvY55QBVgQ — Mario Nawfal (@MarioNawfal) March 26, 2024 https://www.whitehouse.gov/live/ h/t Dodger007
https://twitter.com/HaywerdJablomi/status/1772508796729852383 The morning silence shattered as the Francis Scott Key Bridge in Baltimore met its unexpected fate, crumbling into the sea in a breathtaking cascade of steel and concrete. The collision, captured in a chilling livestream, unfolded with surreal intensity as a towering cargo ship collided with one of the bridge’s support beams. Smoke billowed …
Former acting Attorney General Matthew Whitaker discusses Letitia James’ ongoing efforts to seize Trump’s assets, saying it is lawfare at its ‘absolute worst.’
Cuba is “on the verge of total collapse” as the country has been hit by blackouts with residents taking to the streets calling for “food and power”. The crisis has seen the Cuban government approach the United Nations for aid to address its food shortage. As the Caribbean island goes through its harshest economic crisis …
via Ryan McMaken According to a new report from the federal government’s Bureau of Labor Statistics this week, the US economy added 275,000 jobs for the month of February while the unemployment rate rose to 3.9%. In what has become a predictable ritual, reporters from the legacy media were sure to declare “another strong jobs report.” …
By Martin Armstrong In law, it has been a maxim that bad facts make bad law. Every lawyer knows that. That is why the government will seek the worst case to expand the law and apply it to others. This legal maxim is certainly not new. All of those who go to law school are …
🚨 PRESIDENT OF EL SALVADOR OFFERS TO "FIX" HAITI The Haitian government has reportedly collapsed, and gangs have taken over the country after multiple massive jailbreaks released thousands of criminals back into the streets. However, fear not; President Bukele of El Salvador,… https://t.co/EnWgU3g6Mm pic.twitter.com/oB5kNjLuDJ — Mario Nawfal (@MarioNawfal) March 10, 2024
JUST IN – United Boeing 737 MAX suffers gear collapse after landing in Houston, Texas.pic.twitter.com/WzgQjmno8R — Disclose.tv (@disclosetv) March 8, 2024 A United Boeing 737 MAX suffers gear collapse after landing in Houston, Texas. This is the THIRD plane this WEEK. In 2020, Boeing announced that they would make hiring non-Whites the forefront of their …
The safety of banks from collapse has always been a concern for customers, investors, and regulators. So, in these videos, we delve into the troubles brewing on the Bank of America. With a massive 50% plunge in their earnings year-over-year, a concerning sign for the state of the US banking sector has triggered discussion within …
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 …
The global car market is teetering on the brink of a precipitous crash in 2024, a situation brewing since 2020. However, the sound of a car market crash has not just started, but it has reached the US horizon. But, it’s not just the U.S. The whole world is feeling the effects of this car …
Banks Must Do More on Counterparty Risks, Fed’s Barr Says (Bloomberg) — Wall Street lenders must do more to spot risks from firms they do business with as the Federal Reserve steps up oversight of counterparty risks, according to the central bank’s vice chair for supervision. Michael Barr said Tuesday that banks should bolster how …
by confoundedinterest17 Goodbye free markets! Hello heavy-handed government cronyism. So, despite recent declines in energy prices, gasoline prices are still up 46.25% under “Green Joe” and the all important for shipping, diesel prices, are still up 55.6% under Brainless Joe. One would think that massive rises in gasoline and diesel prices would make everyone buy an …
In this video, you will see the impact bank failures have on the housing market and the broader economy. These Bank failures shocked the US Citizen’s occurrence, often causing ripples throughout the economy. Besides the economy, the housing market, in particular, is vulnerable to the effects of bank failures. The collapse of banks like Citizens …
What was once celebrated as a transformative project for South Carolina’s electric vehicle (EV) industry has encountered a significant setback, signaling challenges for the broader EV sector. Albemarle, the world’s most valuable lithium company, had ambitious plans for a $1.3 billion lithium processing plant in South Carolina, designed to support the state’s growing EV industry. …
