Month: April 2022

An EV battery weighs 1,000 pounds. Providing the refined minerals needed to fabricate this battery requires the mining, moving, & processing of >500,000 pounds of materials. That’s 20x > 25,000 pounds of petroleum that an internal combustion engine uses over the life of a car.

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An EV battery weighs 1,000 pounds. Providing the refined minerals needed to fabricate this battery requires the mining, moving, & processing of >500,000 pounds of materials. That’s 20x > 25,000 pounds of petroleum that an internal combustion engine uses over the life of a car. pic.twitter.com/LFlYo4etND — Alexander Stahel 🌻 (@BurggrabenH) April 3, 2022

How much economic suffering will Americans/Europeans accept to make themselves feel like they’re “doing something?” Sanctions hurt us more than them…. A perfect storm may be brewing.

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Unfortunately all the sane people in the west have to pay a Russia outrage tax similar to the Covid hysteria tax we paid. — George Gammon (@GeorgeGammon) April 4, 2022 U.S. to announce more Russia sanctions this week, says Biden aide https://t.co/QIHJ1mVxx7 — MarketWatch (@MarketWatch) April 4, 2022 Why I'm worried about housing: – 5%+ … Read more

AOC Admits The Democrats Are In Trouble in 2022…And It is Worse Than You Think

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https://www.youtube.com/watch?v=b7thTPEGs2g Matt Vespa from Townhall Reports, Rep. Alexandria Ocasio-Cortez (D-NY) has a message for Democrats. They’re in trouble. Recently, the congresswoman sat down with New York One News and warned President Joe Biden of a ‘collapse in support’ from young voters. Read More/Source/Credit/FairUse: https://townhall.com/tipsheet/mattves…

Student loans became such a scam. “That $39,864 loan ballooned to $99,660.50 as of January 2022. “This is more than double the original lend”

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When mom-of-three Patricia Feldman decided on helping fund her son’s engineering degree at Purdue University, she didn’t expect him to graduate owing nearly $100,000 to a loan servicer in addition to several federal student loans. “It sounds worse than a payday loan,” Feldman told Yahoo Finance. “It sounds almost illegal.” Income-share agreements, known as ISAs, … Read more

Shanghai lockdowns, by apartment block

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Officially Pudong (the Eastern half of the city) is open. But the number of people not locked down there is zero, because lockdowns are enforced at the xiaoqu (apartment compound) level. Authorities can therefore say the city is not locked down, but that individual apartment blocks may be.   h/t  35quai

Inversion Therapy? Yield Curve Continues Inversion As Fed Slows Down Treasury Purchases (Mortgage Rates Climb To 4.91%) Biden Orders Autos Have 49 MPG By 2026

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by confoundedinterest17 Its official! I submitted my resignation from George Mason University effective June 1, 2022. I will miss teaching the students, past and present. But back to the US Treasury yield curve. It remains in reversion (meaning shorter-term Treasuries have higher yields than longer-term Treasuries, usually a sign of impending recession. The Fed has … Read more

Content moderators are suing TikTok…

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Two TikTok content moderators are suing the company over a lack of support in flagging toxic images. Both work on TikTok’s proprietary system which monitors how many videos they watch. The suit adds to similar frustrations that tech giants are not protecting moderators from trauma. Two former TikTok content moderators are suing the video-sharing app … Read more

I Wouldn’t Bet Against This If I Were You

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by The Phoenix All last week, I warned that the markets are setting up for a spectacular collapse. I noted that inflation is at levels that have preceded recessions throughout the last 50 years. I also noted that the yield curve had inverted. This might be the single most accurate predictor of recession. It has accurately … Read more

US GDP is Contracting – Data Continues to Show US Is Heading into a Joe Biden Recession… ‘Gas Prices Are the Real Jobs Report’…

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The Gateway Pundit reported one month ago on March 3rd that the US economy was contracting and in the early stages of a recession.  Today’s numbers show that this is still the case.  One month ago we reported that the US economy was contracting and not growing.  There were signs that the economy was moving … Read more

Risk Management In Crypto Trading: 4 Rules To Follow

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Due to cryptocurrencies’ volatility, many people have become interested in trading them to generate more profits. However, just like other types of trading, there are also risks associated with crypto trading, resulting in losing your investments in the long run. This is where the risk management process comes in.   Essentially, risk management involves reducing the … Read more