A hub for independent voices and hard truths
Fresh out of school after studying chemistry, she joined one of China’s biggest property companies in 2016, as the country’s real estate market was taking off. She worked until 11 p.m. every day and was transferred to a bigger city after being designated a “sales champion.” She pampered herself in …
In a stunning revelation that has sent shockwaves through global financial markets, Norinchukin Bank of Japan is urgently seeking to raise $7.7 billion in fresh capital. This desperate move comes as the bank grapples with undisclosed losses on its overseas bond investments, exposing deep-seated vulnerabilities that were hidden behind a …
By their estimates if the Fed does this the 10 year yield could go to 6-8%. RIP housing if this were to play out. Borrowing costs would go through the roof. Linkhttps://t.co/Sagaj8UGhD pic.twitter.com/F8Y5a498TO — QE Infinity (@StealthQE4) May 19, 2024 Fed’s $7.3 trillion balance sheet is worrying the world’s largest …
by Michael Did we just witness a moment that will permanently alter history? As I write this article, the entire world is waiting for confirmation that Iranian President Ebrahim Raisi is either dead or alive. If it turns out that he is dead, that will be really bad news, because …
As the historic trial of former President Donald Trump on charges related to a hush money scheme during the 2016 election unfolds, the courtroom has become a battleground of legal strategies, witness testimonies, and political implications. This high-profile case, the first criminal prosecution of a former U.S. president, is not …
Google’s increasing reliance on AI-generated search results is transforming how we interact with the internet. While this shift offers convenience, it threatens the traditional web ecosystem. As AI provides direct answers to queries, web traffic to content creators decreases, potentially undermining the accuracy and richness of future AI data due …
All of a sudden, they’re concerned? All these years on occasion we dealt with intermittent BROWNouts. Nowwwww, there’ll be multi state black outs?. We didn’t have solar or windfarms decades ago too. We had typically brown outs then. Hmmm maybe their green alternatives just aren’t capable of …..and they didn’t …
If you were holding out for lower interest rates on credits cards or mortgages, expect to only see modest relief for the remainder of the year and much of 2025. That’s because the Federal Reserve is keeping its benchmark interest rate steady to discourage borrowing, which it will do until …
Average monthly prices for regular-grade retail gasoline in the U.S. could increase by more than $0.10/gal if refinery output is lower than expected, according to an analysis published by the U.S. Energy Information Administration (EIA). In the EIA’s May Short-Term Energy Outlook (STEO), which serves as the Base case for analysis, …
Democrats, proving yet again that they’re the racists they’ve been warning us about. If Trump said something like this , can anyone guess what the reaction would be on MSNBC and CNN? Mayor Eric Adams says that illegals flooding New York could fill the city's lifeguard shortage because "they're excellent …
There is a path that enables Biden to leave with dignity and on his terms. It begins with letting the Democratic primary campaign run its course, ending June 4, the date the last group of states holds its primaries. Biden would finish as the undisputed victor, with far more than …
by Michael The war in Ukraine has just moved to an entirely new level, but most Americans do not even realize that we are closer to “nuclear Armageddon” than ever. Very early on the morning of May 10th, Russian forces began to pour across Ukraine’s border north of Kharkiv. In …
May 12 (Reuters) – British newspaper groups have warned Apple that any move to impose a so-called “web eraser” tool to block advertisements would put the financial sustainability of journalism at risk, the Financial Times reported on Sunday. Apple is preparing to include an AI-based privacy feature in the Safari …
In the financial landscape of commercial real estate (CRE), looming debt obligations signal a potential crisis, with nearly $929 billion in commercial mortgage loans set to mature by the end of 2024. This staggering sum, outlined in the Mortgage Bankers Association’s (MBA) 2023 Commercial Real Estate Survey, underscores the mounting …
People pay a premium for high end CPUs because they’re promised a certain level of performance. If users need to gimp the performance just to keep the the CPU stable then that’s grounds for a lawsuit… TL;DR: Intel CPUs are crashing due to silicon degradation caused by pushing them too …
In a courtroom drama worthy of Hollywood, former Trump lawyer Michael Cohen has taken to TikTok, unleashing nightly livestreams that could shake the very foundation of the trial against his former boss. As Cohen dishes on Trump, the trial, and ongoing testimony, the legal world watches in horror, fearing the …
via naturalnews: Microsoft Research Asia is forging on with a new transhumanist program called VASA that creates “lifelike talking faces of virtual characters with appealing visual effective skills (VAS), given a single static image and a speech audio clip.” The artificial intelligence (AI) division of Microsoft in Asia has been …
SHANGHAI, April 26 (Reuters) – China’s sliding yuan has been hitting the weak end of the band in so-called cash settlement transactions this week, making it challenging for banks and businesses on the mainland to transact, traders say. Under unrelenting pressure from rising U.S. yields and outflows from China, the …
DEVELOPING STORY: A midnight deadline to leave Columbia University has come and gone and the Hamas activists are still encamped on the New York City Ivy League campus. There are reports that Gov. Kathy Hochul has been in talks with the university to activate the National Guard of the protesters refuse …
Focus: Buy now, pay later lender Affirm pushes into elective medical procedures April 23 (Reuters) – Fintech lender Affirm (AFRM.O), opens new tab has started quietly offering “buy now, pay later” (BNPL) loans for elective medical procedures, in a major push beyond its core e-commerce market, the company told Reuters. …
Supply-driven rising oil price could potentially cause headwinds for S&P 500 pic.twitter.com/ghrmjBFAta — Win Smart, CFA (@WinfieldSmart) April 23, 2024 Twitter is the most bullish on the economy in more than 4 years pic.twitter.com/Ypo3Z8CAQv — Win Smart, CFA (@WinfieldSmart) April 23, 2024 S&P 500 Nears Worst Month in Over a …
via politico: The U.S. is considering sending additional military advisers to the embassy in Kyiv, the latest show of American commitment to Ukraine as Russia appears to be gaining momentum in the two-year conflict. The advisers would not be in a combat role, but rather would advise and support the …
It seems we’ve reached “peak EV,” with sales in trouble and assembly line workers losing their jobs. The hard truth is electric vehicle sales would have never reached the level they have if the government had not trespassed into private matters. The EV troubles are all around. Sales are slowing. …
The $1.6 Billion Quest to Build America’s Tallest Skyscraper in…Oklahoma Move over New York. A developer plans a 1,907-foot tower overlooking sprawl and farmland. There are skeptics—‘I just burst out laughing.’ OKLAHOMA CITY—Scot Matteson’s team came before this city’s planning commission last week seeking to tweak a development he plans …
Wow, Mayor Muriel Bowser sure knows how to prioritize taxpayer money—500+ miles away at a golf tournament, seriously? Using public funds for a jaunt to Augusta, Georgia, under the guise of promoting DC’s sports and economic development? Talk about a hole in one for wasteful spending! And don’t get me …
LOS ANGELES — It appears, at first glance, that Democrats couldn’t have scripted it any better — their pathway to reclaiming the House runs straight through deep blue California, which is poised to back President Joe Biden by double digits. Their Hollywood ending is far from certain. The six fiercely …
With 30 major central banks poised to slash rates and over 70 nations heading into elections, the global economy braces for the most coordinated easing since the Great Financial Crisis. More Easy Money Will Plunge Us into Stagflation 30 major central banks are expected to cut rates in the 2H24, …
The Federal Aviation Administration is investigating the manufacturer after Sam Salehpour, a Boeing engineer of more than 10 years, spoke out. https://www.nytimes.com/2024/04/09/us/politics/boeing-787-dreamliner-whistle-blower.html Salehpour said that “the problems stemmed from changes in how the enormous sections were fitted and fastened together in the assembly line.” He added that the components of …
They are at war against us. $16 for Ramen Noodles. This is a typical grocery store in Dillingham, Alaska. These are the current prices they are paying as of today April 6th, 2024. People in the lower 48 will be seeing these same prices and much worse very soon. — …
The primary reason prompting the Fed to consider cutting interest rates is the increasing cost of servicing the Federal debt, expected to approach 6% of GDP by year-end. A reduction of 150 basis points could decrease the interest payment by 33%, addressing severe debt imbalances. This environment favors hard assets …