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The banking system is flooded with liquidity, with companies trying to find a home for their cash balances. The overnight repo rate is negative again. World is upside down pic.twitter.com/To0kmFNJKi — Menthor Q (@MenthorQpro) February 19, 2021 Investment grade bonds no longer offer a positive #yield! pic.twitter.com/QTrglmuB5O — jeroen blokland (@jsblokland) February 20, 2021
by howmuch America exports $2.84 trillion in services, nearly twice the $1.85 trillion it imports. Imports of goods stood at $9.23 trillion in 2020, nearly twice the $5.67 trillion it exports. The difference between imports and exports of consumer goods, except food and automotive is $1.85 trillion, the largest imbalance favoring imports. On the flip … Read more
This wasn’t the first time this happened either.. Why does the most voted for president of all time get such little support on YouTube? h/t RaiderDawg
h/t lemonkid1234
Don’t Go Down the Rabbit Hole (archive link) The media: “We need less misinformation” The people: think critically The media: “Wait, no…” h/t threese7ens
h/t TheBigBrezinski
UPDATE: Russia reports first human cases of H5N8 bird flu https://t.co/yeNZe6tuTJ — BNO News (@BNONews) February 20, 2021
by Sundance It appears the bloom is off the ruse, at least with Sky News. In one of the first admissions to what is transparently obvious, an Australian news pundit finally points out that Joe Biden has cognitive issues. The vast majority of Americans already know this, but the U.S. media have been pretending not to … Read more
by C Hamilton Some folks want to make economics seem complicated. It ain’t. Any who, some charts depicting the US economy…through demographics. First, 15 to 54 year old US population (blue line) and those employed among that population (green line). You may note the end of population growth among them in ’07 and not only the … Read more
by Martin Armstrong These environmentalists never understand that wind turbines will freeze and solar panels will be buried in snow. They seriously think that somehow renewable energy can replace fossil fuels. Even the electric buses in Germany froze. It is bad enough that they try to reduce the entire cyclical patterns in the weather … Read more
Excerpts – Tesla CEO Elon Musk was involved in another Twitter storm overnight, tweeting that Bitcoin is “almost as BS as fiat money” in spite of Tesla’s recent $1.5 billion investment. “Tesla’s action is not directly reflective of my opinion.” Musk wrote in response. “Having some Bitcoin, which is simply a less dumb form of … Read more
Greg Hunter gives The Weekly News Wrap-Up for Friday, February 19, 2021 Bitcoin (BTC) broke $50,000 per unit this week, but the overall markets are not doing that much celebrating. Big money management firms are worried that the market is out of control. Meanwhile, big money keeps piling into (BTC) and some wonder if this is some … Read more
We are gamers, through and through. We obsess about new gaming features, new architectures, new games and tech. We designed GeForce GPUs for gamers, and gamers are clamoring for more. Yet NVIDIA GPUs are programmable. And users are constantly discovering new applications for them, from weather simulation and gene sequencing to deep learning and robotics. … Read more
Rebel Capitalist, Released on 2/19/21 George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 … Read more
By Tsvetana Paraskova The severe winter storm that swept through the United States this week likely shut in between 2 million barrels per day (bpd) and 4 million bpd of the total U.S. crude oil production, IHS Markit said in an analysis. The Texas Freeze, which started in Texas and moved east across much of the … Read more
by confoundedinterest17 Yes, Bitcoin just broke through 55,000 and Ethereum is nearing 2,000. Meanwhile, WTI Crude has slumped below $60. Thanks Bazooka Jay!!
By Charles Kennedy Some of the largest oil refineries in Texas could take weeks to restart as they would need to repair the damages from the big Texas freeze, Bloomberg reports, citing sources with knowledge of the situation. The Baytown and Beaumont refineries of ExxonMobil, Marathon Petroleum’s Galveston Refinery in Texas City, and the Port Arthur … Read more
by Philip Giraldi via Strategic Culture Foundation It will be difficult or even impossible to go back to a system where learning is actually a discipline that requires hard work and dedication. Public education in the United States, if measured by results, has been producing graduates that are less competent in language skills and dramatically less well taught … Read more
Senator Rand Paul pressed education secretary nominee Miguel Cardona on transgender athletes at his confirmation hearing.
