Researchers use superconducting material to make clean fusion energy breakthrough: ‘Virtually limitless power production’

The crux of the breakthrough is a magnet, but not just any magnet. The scientists created a new type of magnet that broke the world record for magnetic field strength, according to MIT News. Made from a high-temperature superconducting material, the magnet has a strength of 20 tesla. (For reference, a common refrigerator magnet is …

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

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 net positive for US equities — with specific regard to the disinflationary impulse and the flow …

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