Independent thinking for complex markets and current events
SAUDI ARABIA GOES FULL MAD MAX AS MASSIVE DUST STORM HITS Al Qassim – about 250 miles northwest of Riyadh – got absolutely swallowed by a giant dust storm…think apocalypse vibes, but with more sand and zero heads-up. It got so dark, it looked like someone hit the lights, and trees were getting knocked over …
Total GPS Outages and Major Disruptions are being reported in several Locations across both Lebanon and Israel. https://t.co/p2gohzzbo7 — OSINTdefender (@sentdefender) July 30, 2024 GPS interference reported in Israel. While this event isn't new, there was a significant spike reported prior to the Iranian attack in April. We may be seeing something similar here in …
Power outages have affected several European countries amid a heatwave. Albania, Bosnia and Herzegovina, Croatia, and Montenegro have all experienced widespread blackouts due to an “international disturbance” that affected their power grids. As the situation unfolds, authorities are investigating the cause and working to restore electricity. Affected Countries: Albania, Bosnia and Herzegovina, Croatia, and Montenegro …
The same judge putting nonviolent J6 defendants in gulags while hissing her displeasure that Donald Trump “remains free to this day,” decided Monday that she can shut him up while on the 2024 campaign trail. Gag orders are sometimes placed on cases, but this has never happened to a presidential candidate in the annals of …
Gaza’s power authority says its sole power plant will run out of fuel within hours, leaving the territory without electricity after Israel cut off supplies. Palestinians in Gaza have long relied on generators, but have no way of importing fuel. https://t.co/CM6c4ghkfe — NBC10 Philadelphia (@NBCPhiladelphia) October 11, 2023 Only 300,000 liters of fuel are left …
by confoundedinterest17 The US housing market is slippin’ into darkness under Bidenomics. With existing home sales at their lowest since 2010 and new home sales finally hitting the wall, pending home sales were expected to decline MoM in August after an uptick in July (amid soaring mortgage rates and plunging affordability) and they did…hugely. Pending home …
by confoundedinterest17 Slippin’ into darkness! Bidenomics, that is! Joe Biden is not a friend of the US middle class. The St Louis Fed’s real time GDP tracker known as Nowcast has Q3 GDP at -0.07%. This happening at M2 Money growth collapses. If you want to feel good, check out Atlanta Fed’s GDPNow estimate (housing economist Raphael …
via newsbusters: The New York Times buried the lede in a story about Amazon billionaire Jeff Bezos owning The Washington Post. It isn’t quite profitable, you learn in the eighth paragraph: “The Post is on a pace to lose about $100 million in 2023, according to two people with knowledge of the company’s finances.” The …
“South Africa’s crumbling energy system is no longer able to keep the lights on, as lengthy power cuts are experienced daily across the country.”