Independent thinking for complex markets and current events
Monday, a Hong Kong court ordered the liquidation of Evergrande- whether the court ruling will be of much help to creditors remains to be seen as the court’s jurisdiction is separated from the bulk of Evergrande’s assets located in the Mainland. 2/ — Smartkarma (@smartkarma) January 30, 2024 This ruling doesn’t come as a surprise …
Authored by Michael Snyder via The Economic Collapse blog, How does it feel to have the largest government that the planet has ever seen? When I was growing up, I was taught that we had a capitalist system and that we had a limited federal government. Of course neither of those things has been true …
h/t ChampionshipUsed9855
via oilprice: Chile’s SQM has announced that it has suspended operations at the Atacama salt flat due to widespread protests by an indigenous community. Local groups have taken to the streets demanding to be included in talks between SQM and the government. Some Indigenous leaders are open to supporting lithium extraction at a fair price. Chile’s lithium …
Chinese billionaire Chen Tianqiao, an alleged CCP member, reportedly owns 198,000 acres of Oregon timberland, the Daily Mail reports. According to the outlet, the $85 million purchase makes Tianqiao the second-largest foreign owner of American land. “The sale went through in 2015, but only became widespread knowledge on Monday after Oregon tax records unveiled one of Chen’s …
via Yahoo: The Defence Secretary is set to pledge to send 20,000 British military personnel to a major Nato exercise in eastern Europe as he warns the post-Cold War “peace dividend” is at an end. Grant Shapps will warn that “battle lines are being redrawn” as he announces the deployment of Army, Navy and RAF …
BREAKING 🚨: German Home Prices German Home Prices fell by 10.2% during the 3rd quarter, the largest decline ever recorded pic.twitter.com/AxFczLZ3JL — Barchart (@Barchart) January 14, 2024
The latest revelation about the debt crisis in America is nothing short of alarming. With a staggering 29.6% of residents in the nation’s 100 largest metros falling behind on at least one debt payment during the third quarter of 2023, and 27.3% experiencing serious delinquencies over 90 days past due, the financial health of a …
🚨JUST IN: Microsoft overtakes Apple to become the largest publicly traded company in the world by market cap. "I am the captain now"$MSFT pic.twitter.com/P6R3CEB7G3 — Genevieve Roch-Decter, CFA (@GRDecter) January 11, 2024 h/t DesmondMilesDant
Japan’s gold market is undergoing a radical restructuring which has the potential to catapult the Asian nation back to its former place among the world leaders in gold investment, according to Bruce Ikemizu, Chief Director of the Japan Bullion Market Association. Ikemizu noted that before China became a major player in the global gold market, …
China has overthrown Japan as the world’s largest car exporter, another sign of the staggering rise of the country’s auto market. The country sent more than 3.8 million vehicles overseas in 2023, according to the China Passenger Car Association, a 62% increase from the previous year, while Japanese automakers exported 3.5 million cars during the …
Audacy , the radio and podcast giant, said Sunday it filed plans for Chapter 11 bankruptcy protection in Texas to reduce its debt. The restructuring agreement will allow Audacy to slash its total debt load by 80% to about $350 million from around $1.9 billion, the company said. “Over the past few years, we have …
https://medium.com/@ASll0\_/debunking-the-worlds-largest-skin-bank-how-israelis-harvest-organs-without-consent-d8415b266a55 In 2008, the American network CNN published a report revealing that Israel is considered the largest global center for illegal organ trafficking. The report also revealed Israel’s involvement in the crime of killing Palestinians in order to steal their internal organs and benefit from them illegally, and to trade them in an illegal international …
This December is special. December 2022 sales volume was around zero. And December 2021 volume was only $25 mln. h/t ChampionshipUsed9855
President Biden on Thursday issued an executive order implementing his plan to provide civilian federal workers with an average 5.2% pay raise next month. As first proposed in his fiscal 2024 budget plan last March, the increase amounts to a 4.7% across-the-board boost to basic pay, alongside an average 0.5% increase in locality pay. As …
That’s a massive chunk of cash now ready to spend! Money Market Funds Record: $1.3 Trillion has flowed into money market funds this year, the largest amount in history pic.twitter.com/VRylKN9kLw — Win Smart, CFA (@WinfieldSmart) December 24, 2023
In July, researchers using data from the Society for Assisted Reproductive Technology Clinic Outcome Reporting System found that Chinese nationals make up the largest percentage of foreign surrogacy contracts in the United States. This report — in the journal Fertility and Sterility, which is published on behalf of the American Society for Reproductive Medicine — …
India is where China was in mid-2000s. It is at the edge of the runway to take off and will double its GDP every 5 yrs or so. Its biggest challenge though is policy paralysis, while China being a one-party system can chart a 50 yr policy and march towards it, India has a chaotic …
#JustDarioDaily ⚠️CHINA WANTS #SOFTBANK AND JACK MA OUT OF $BABA ⚠️ With this second post (first in quote below), I will try to provide more clarity on the $BABA situation, what caused it, and how it ends.$BABA and #Softbank's problems with the Chinese government all started… https://t.co/0mXAuQ9yAL pic.twitter.com/1JktSdAMbm — JustDario 🏊♂️ (@DarioCpx) December 4, 2023
by confoundedinterest17 US factory orders are back in red. Factory orders tumbled even more than expected, down 3.6% MoM – the biggest drop since the COVID lockdowns (April 2020). September was also revised lower (making October’s decline even worse) from +2.8% MoM to +2.3% MoM… Source: Bloomberg The big monthly decline and revisions dragged orders down 2.1% YoY (the …
by confoundedinterest17 Joe Biden has a new name: the crypt keeper. As in the person through his economic screw-ups is causing a massive inflow to cryptos. Anticipation of an eventual US spot Bitcoin ETF – which Bloomberg’s analysts assign a 90% probability of being approved by the SEC in January. as well as surging prices, …
This probably comes down over the next few years. No guarantee, but rates are likely coming down somewhat in the next couple years. Bonds may do well over the next five years. h/t HighYieldLarry
U.S. Dollar Index has now closed below its 200D moving average for the first time since August. Last week $DXY suffered its largest decline in more than a year. pic.twitter.com/sxG09Ge7dU — Barchart (@Barchart) November 21, 2023 Gold creeping closer to $2000 USD 🇺🇸 — Gold Telegraph ⚡ (@GoldTelegraph_) November 21, 2023 A Growing Focus On …
First they took away their guns. Then they tackled people in their homes and in the fields to forcibly inject them with stuff against people’s consent. Now, they will track everything an Australian buys or sells, and regulate your everyday lives by this. I am not Australian… but I hope the people take up a …
IDF soldiers guard the water springs in the West Bank… only settlers (thieves) have access. Palestinians are BANNED pic.twitter.com/D9vjrwl81W — Pelham (@Resist_05) November 14, 2023 🚨🇮🇱 Are these the “HAMAS TERRORISTS” hiding in Gaza’s Al Shifa Hospital? @benshapiro https://t.co/AopjkLoWsR — Jackson Hinkle 🇺🇸 (@jacksonhinklle) November 15, 2023 “Israel has launched an assault on the largest …
by Chris Black Globohomo sisters, I don’t feel so good… https://archive.is/3BmOw https://archive.is/0m7W3 Hacker Group Lockbit took down ICBC the worlds largest bank and then immediately afterwards like absolute chads released ALL of Boeing’s top secret files on the internet after they hadn’t paid the ransom.
Another record credit card debt Collectively, Americans now owe $1.08 trillion on their credit cards, according to a report from the Federal Reserve Bank of New York. Steadily, persistently higher prices have caused consumers to spend down their savings and increasingly turn to credit cards to make ends meet. At the same time, credit cards are one …
The Largest Democrat Donor in America is going to prison for 115 years for stealing hundreds of millions and giving it to Democrats. Time for the scumbags on this list to be investigated too and sued for fraud as well. You invested in FTX and lost – Joe Biden won. pic.twitter.com/HkHhUh3Mv3 — Benny Johnson (@bennyjohnson) …
