Independent thinking for complex markets and current events
Guest Post by Michael Shellenberger via public.substack.com The leaders of nations, representatives of international organizations, and philanthropists say they are committed to creating free and open societies. Meta CEO Mark Zuckerberg says Facebook has independent fact-checkers, is open to all perspectives, and doesn’t interfere in elections. And, in response to questions from a colleague at …
by Martin Armstrong COMMENT: Not only has Oliver Anthony’s songs gone viral here (NA) but also in China. Messages indicate that any kind of attempt to reference/share to his songs is now banned across WeChat. Apparently, there is a cleverly-worded Mandarin “rap version” circulating. So the emotions appear to be universal and now…possibly something like “star …
If you thought Central Bank Digital Currency (CBDC) plans sounded dystopian, just wait to read the new “unified ledger” agenda released by the Bank for International Settlements (BIS, known as the “bank of central banks”). The plan, found at this link on BIS.org, is entitled, “Blueprint for the future monetary system: improving the old, enabling …
‘Clients are taking £20,000 off the asking price’: How the house price slump is causing misery for sellers Homeowners are having to knock as much as £20,000 off their asking price in an effort to find a buyer, housing insiders have revealed. Figures published by Halifax on Friday showed there has been a 2.6 per …
“Diabetes is skyrocketing, with more than 500 million people of all ages living with the disease and the number of cases worldwide projected to hit 1.3 billion in the next 30 years. ‘The rapid rate at which diabetes is growing is not only alarming but also challenging for every health system in the world, especially …
by BoatSurfer600 via YAHOO: (Bloomberg) — Sweden’s beleaguered property sector suffered another blow when one of the largest office landlords in the capital was downgraded to junk status by Moody’s Investors Service. Stockholm-based FastPartner AB saw its rating cut one step to Ba1 with the possibility for further downgrades to come if the company cannot …
Yet the bulls in the daily thread still think everyone is bearish There has never been a bigger disconnect between stock market and real world. https://www.yahoo.com/news/rising-rents-diminishing-aid-fueling-042214895.html h/t Witty_Information923
"Coming Back To Earth": UK House Prices Book First Annual Drop Since 2012 https://t.co/IFHbSaM10x — zerohedge (@zerohedge) June 8, 2023 UK house prices recorded their first annual contraction in May, attributed to affordability crisis. Lender Halifax published a new report showing UK house prices recorded their first annual contraction in May in over a decade. The decline …
Too much is happening too fast in the world. This “polycrisis,” chiefly caused by the rise of AI, climate change, and the Russian invasion of Ukraine, is endangering democracies worldwide. Leaders must step up to respond. https://t.co/S0EExaPWfG — George Soros (@georgesoros) June 6, 2023
