Independent thinking for complex markets and current events
by confoundedinterest17 Joe Biden loves to tout “Bidenomics” which is a top-down command economy model with massive Federal spending directed primarily at green energy. But remember that a pillar of Bidenomics is support for labor unions. But “Union Joe” will be remembered as “Inflation Joe” as inflation remains hot. But now the labor unions are …
Having the government control or restrict your purchases is a living hell. via sociable.co: Governments can program Central Bank Digital Currencies (CBDCs) with expiry dates and to restrict “undesirable” purchases, according to a discussion at the World Economic Forum (WEF) “Summer Davos” meeting in China. Today at the WEF’s 14th Annual Meeting of the New Champions, aka “Summer …
by BoatSurfer600 Source: Zen Second Life
via 9news: Coal trains and trucks cannot drop freight at major ports in New South Wales, Victoria and Queensland this morning after climate activists launched coordinated protests to block key bridges and roads. Blockade Australia started the action with a woman who dangled herself from a rail bridge near the Kooragang Island terminals at the …
https://www.weforum.org/events/annual-meeting-of-the-new-champions-2023
“A class-action lawsuit is underway after a travel company left passengers stranded across the country in a travel horror story. A once-respected tour company abruptly ceased all operations, leaving passengers out of luck. Some got to the airport to find their trip canceled as Vantage Deluxe World Travel shut down. The company offered luxury vacations …
Heads up, Its the middle of June and all my tomato plants died from the cold AC
Popeyes, Chick-fil-A, and other fast food chains are facing financial challenges due to lower sales, higher costs, and supply chain disruptions. Popeyes is closing locations and Chick-fil-A is closing its first-ever restaurant. With Americans eating out increasingly less to save on costs, some of the biggest fast-food chains in the US are taking desperate measures …
via dailymail.co.uk: Major banks are set to axe up to 20 branches in a single state this summer, as companies push digital banking services. New York residents will see Capital One, Citizens Bank and JPMorgan Chase close their doors in the next three months, making it more difficult for customers to access basic banking services. …
via cowboystatedaily “Despite billions of federal dollars going into renewable energy, construction of wind and solar farms, as well as the needed transmission to support them, is moving at a glacial pace compared to the speed by which the Biden administration is taking coal plants offline. . . . NERC’s latest summer reliability assessment wasn’t …
Saudi Arabia Plans To Cut Oil Production Again After No ‘Consequences’ From Biden. “The move comes almost one year after President Joe Biden’s trip to Saudi Arabia, during which he fist-bumped autocratic Crown Prince Mohammed bin Salman, prompting widespread criticism. Despite Biden’s visit, the Saudi-led Organization of Petroleum Exporting Countries (OPEC) in October announced a production …