California’s government has put in place so many laws and regulations that development is near impossible.

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by MiyegomboBayartsogt   If you want to open a sandwich shop, you have to plan on the cost hiring a law firm and litigating for 18 months before you even begin to build your business. Housing is similarly restricted and confined and blocked in similar ways. There’s a story of a developer who cleared the land … Read more

Chinese tech company Tencent owns significant stakes in Glu Mobile(Mobile games),Snap(Snapchat),Activision Blizzard and Tesla.

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by peas_and_qs They also have a lucrative streaming deal with the NBA that nets an average viewership of 3.7 million viewers per game in China. Not to mention tencent’s 150 mil stake in reddit or tencent’s control of Hollywood. via FOOL: Tencent (OTC:TCEHY) is usually recognized as the maker of WeChat, the most popular messaging app in China, and … Read more

John Rubino – Volatility Rising

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from Financial Survival Network John Rubino is back… Houston we have a problem. Chinese and Hong Kong banks are running out of dollars. But I thought we had too many of them floating around the world. Guess not. There’s plenty more where they came from. It’s just another example of the glue that holds together the world … Read more

Is China’s Oil Shipping Fleet Going Dark? Tankers Are Turning Off Transponders

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By Tsvetana Paraskova China’s tanker owning company Cosco Dalian, which was sanctioned by the U.S. two weeks ago for knowingly shipping Iranian oil, has seen one third of its oil tankers turn off their automatic identification system (AIS) transponders in the past week, Reuters reported on Wednesday, citing ship tracking data from Refinitiv Eikon. Two weeks ago, … Read more

The Race To Save $100 Billion – A Digital Revolution In Oil

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By Rystad Energy In a new in-depth study, Rystad Energy estimates that as much as $100 billion can be eliminated from E&P upstream budgets through automation and digitalization initiatives in the 2020s. Service companies are reinventing themselves to help operators unlock these savings. In 2018, $1 trillion was spent on operational expenditures, wells, facilities and … Read more

Aramco to Give Green Light for World’s Biggest IPO Next Week; IPO probably end of November. Current proposed timeline inside

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by JealousEntrepreneur Upcoming key dates: ​ Oct. 17 Board meets to make final decision on IPO Oct. 20 Announcement on intention to float Oct. 27 Prospectus for offering is published Nov. 3 Roadshows for investors start, with two-week subscription period End Nov. Shares begin trading on the Saudi stock market ​ Note: Dates subject to … Read more

The next big investment trend is on sale right now

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by Simon Black In July 1994, an ex-hedge fund VP left his cushy Wall Street job and started a new company called Cadabra, Inc. He wanted to capitalize on an emerging trend that was called the “Information Superhighway” back then, what we now know today as the Internet. Cadabra was an early ‘dot-com’ company. But as … Read more

Will the Clintons Destroy the Democratic Party?

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by Charles Hugh-Smith History is full of ironies, and perhaps it will suit the irony gods for The Donald to take down the Republican Party and the Clinton dynasty to destroy the Democratic Party. Let’s start by stipulating my bias: I would cheer the collapse of both self-serving, venal political parties, which have stood by for … Read more

An “All-Out Blizzard” That Is “Unheard Of For October” Is About To Hit Farms In The Midwest With Up To 2 Feet Of Snow

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by Michael Snyder Farmers in the middle of the country are about to get hit by what could potentially be the worst October blizzard in U.S. history.  According to USA Today, “the massive size and intensity of this snowstorm is unheard of for October”.  In other words, we have never seen anything like this in the month … Read more

Fed Didn’t See Economic Reasons to Cut Rates, Admits Cutting for Other Reasons: My Fancy-Schmancy “Fed Hawk-o-Meter”

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Fed Sent Big-Fat Message on “U.S.-China Trade Tensions” to White House. The Fed did a lot of heavy breathing over “trade uncertainty” and “trade tensions” during the September 17-18 FOMC meeting, according to the minutes, released this afternoon. The word “trade” was mentioned 26 times in the minutes, in phrases like these: “Trade … Read more

The Day When Repo Rates Blew Out: Fed Recounts a Fiasco that Occurred as the FOMC Was Meeting, and How it Reacted

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter I wish I could have sat in that meeting, watching the bewildered faces of Fed officials as they got hourly updates on repo rates blowing out. The FOMC meeting minutes released this afternoon – instead of being stuffed with mind-numbing language – were spiked with a practically riveting account of the repo fiasco … Read more

People Who Work From Home Earn More Money, New Study Shows

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via Zerohedge: According to a new Census Bureau report, people who work from home were the highest earning workers in the “median earnings by means of transportation to work” category. Bloomberg highlighted this in a new report that also noted that in 2018, people who took public transportation to work had higher median earnings than those who didn’t. … Read more

Big Oil Tries To Buy Back Investors

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By Tsvetana Paraskova Major oil companies have recently raised their guidance for dividend payouts, promising shareholders handsome returns at a time when a growing number of investors are questioning the future of oil and snub energy stocks. Big Oil and the largest and yet-to-be-listed oil company in the world—Saudi Aramco—have updated their dividend plans in … Read more

SQ alert

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1 Yes the order indeed signed and activated 2 we are also close to martial law as well In The event of martial law Trump will remain president for the duration of the martial law 3 internally Whitehouse is on lockdown 4 no matter if you like or dislike Trump and his behaviors he is … Read more