Month: December 2020

by Doug French via Mises Almost Daily Grant’s (ADG) made the pronouncement on December 14th that a “new benchmark in financial repression” had been set: ”a record $18.4 trillion in global debt is priced to yield less than zero, up from less than $8 trillion in March and a five-year average of $10.3 trillion.” ADG consulted interest rate historians Sidney Homer … Read more

By Charles Kennedy Iran has reduced exports of natural gas to its neighbor Iraq claiming the latter owed it more than $6 billion for supplies already made. The cuts were made two weeks ago, and further cuts will be made, Iranian officials said. “The Iraqi electricity ministry owes more than $5bn to NIGC for gas … Read more

A Russian luxury goods brand has made the AirPods Max’s $550 price tag look like a bargain. Caviar, which specializes in taking mainstream products and putting an extravagant spin on them, has unveiled a “solid gold” version of the headphones that will retail for an eye-popping $108,000. https://nypost.com/2020/12/29/caviar-selling-gold-plated-airpods-max-for-108000/

By MINING.com Scientists at the Lawrence Livermore National Laboratory in the US published a study in Applied Physics Letters where they present the idea of using diamonds as ultra-wide bandgap semiconductors to more effectively power the electrical grid, locomotives and even electric cars. In their paper, the researchers said that diamonds have been shown to have superior carrier mobility, … Read more

by DCG If the California restaurant industry is going to survive (big, fast-food chains excluded as they face little to no shutdowns), they are going to need more business owners like this guy (owner of Bread & Barley): “If we can’t work, he can’t work.” The owner of Breda & Barley restaurant in the Los Angeles … Read more

The FBI has joined a criminal investigation of what police said appears to be an “intentional attack” on gas service lines in Aspen, Colorado, that left thousands of residents and businesses without heat as temperatures in the skiing mecca plunged to near zero degrees. Work crews are scrambling to restore gas service, and local authorities … Read more

Paper checks will begin to be mailed tomorrow. Later this week, you can check the status of your payment at https://t.co/pFBzGzK8mD. (2/2) — Steven Mnuchin (@stevenmnuchin1) December 29, 2020

by: Ethan Huff (Natural News) Domestic namesakes like General Electric and General Motors have long been seen as icons of American industry. As it turns out, though, these and many other corporate giants are owned, at least in part, by communist China. GM, America’s largest automobile manufacturer, is partially owned by the Shanghai Automotive Industry Corp. … Read more