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Beijing’s ‘Big Brother’ surveillance network is the most powerful in the world The nation is due to be equipped with 626 million CCTV cameras by 2020 China also has the five most-monitored cities worldwide, a study reveals The most-surveilled city, Chongqing, has over 2.5 million street cameras Beijing is on track to have one … Read more
by marzipanmaddox America is comparably as full of censorship, both soft and hard, and allowing China to control this place is the only thing that provides any semblance of legitimacy to this website. Think of the extent to which China would defend open criticism of the Chinese government. Very low. Now think of the extent … Read more
San Francisco – Billionaires and Vagrants, no room for the normal people Tucker goes through the problems of large democratic run cities Cities across the US are striving to be like CA’s filthy cities = Washington DC the tents are popping up on sidewalks h/t Annie
by DCG A special report by Fox News. According to their story, the city blames big business while the residents blame officials. See also: Appears that San Francisco cares more about their homeless criminals than law-abiding citizens Attention Nancy: San Francisco saw 150 percent increase in fentanyl-related deaths last year Liberal utopia of San Francisco: Car break-ins double at Golden Gate parking lot Liberal … Read more
A recent report claims that Google-owned video platform YouTube is removing videos of robot fights for “animal cruelty.” The Independent reports: YouTuber and robot enthusiast Anthony Murney was one of the first to highlight the issue, who blamed a new algorithm introduced by YouTube to detect instances of animal abuse. “There is a new algorithm … Read more
by DCG From Daily Mail: An explosion of rats in Los Angeles has lead to a surge in cases of Typhus and could pave the way for a public health crisis. According to Reform California, there have been 124 confirmed cases of Typhus in LA County this year. On top of the increase in Typhus cases, experts fear the … Read more
Obviously Barr is a gigantic lying sack of Swamp sh*t, and that’s what I thought he was from the beginning. Complete cover-up and NOBODY IS GOING TO BUY THIS. The worst thing Trump has done is hire all these SWAMP CREATURES like Barr and Wray for critical positions. But that to me, means, he’s also … Read more
Just another day in China: Provincial government offered to help the debt-laden conglomerate repay its offshore creditors. https://t.co/cOJQOtIQUF — Otavio (Tavi) Costa (@TaviCosta) August 20, 2019
A historically suppressed metal versus record overvalued stocks late in the business cycle. Change my mind.
Consumer spending is a bubble waiting to burst, market bear David Rosenberg warns Wall Street is depending on strong consumer spending to help keep stocks afloat. But Gluskin Sheff’s David Rosenberg warns the U.S. consumer is in a danger zone, suggesting a bubble is lurking. “What no one seems to talk about is the underlying … Read more
via statista: Figures from the OECD reveal the countries in which the average hour of work contributes the most to GDP. As our infographic shows, no matter how hard the average worker in Chile works, they won’t be as productive (in GDP terms) as the average person toiling away in Ireland. An hour’s work in the South American country contributed … Read more
by chartr McDonald’s secret sauce isn’t in the Big Mac, but the way it runs its business. More than 90% of all McDonald’s restaurants are run by independent franchisees. Typically McDonald’s will own the land or building and lease them to franchisees who will retain control over employees, marketing and pricing decisions. That franchise model … Read more
by LethalAmountsOfSalt Considering most retail companies are strongly pushing online stores, a large part of their revenue would come from their online stores. If you compare the google trend data to last year’s data you can make inferences about how they would do on this quarter’s earning report, relative to last year’s earnings report. Considering … Read more
Article: https://www.businesswire.com/news/home/20190819005633/en/ Michael Burry, the guy from The Big Short who made a killing shorting subprime mortgage bonds, is currently long 3% of GameStop (GME) and trying to start an epic short squeeze. Over 50% of the outstanding shares are short and the company has enough cash on hand to buy back more than the entire … Read more
Negative-yielding corporate debt recently passed $1 trillion in market value. Investors holding the bonds for price appreciation face significant risk should rates start to rise, says Jim Bianco of Bianco Research. “The financial system doesn’t work with negative rates. If the economy recovers, the losses that investors would take are unlike anything they’ve ever seen,” … Read more
KEY POINTS When Tesla acquired SolarCity in 2016, Elon Musk was the biggest shareholder in both companies. In a new lawsuit, Walmart claims Tesla bought SolarCity to “bail out the flailing company,” reviving concerns about the deal. Tesla has already been sued by shareholders because of the acquisition, and Musk was slated to be deposed earlier … Read more
Triton Research’s obfuscation index ranks WeWork at high level Method of expensing costs raises questions, analyst says https://bloom.bg/30nK9iE From their SEC filing: “We have a history of losses and, especially if we continue to grow at an accelerated rate, we may be unable to achieve profitability at a company level . . . for … Read more
by myusernamechosen I was thinking this morning about habits I developed a bit later than I should have, even when I knew I should have been doing them. These are a few things I thought I’d share and interested if others who are out of their 20s now have anything additional to add. Edit 1: … Read more
by visualcapitalist Profits in banking have been steadily on the rise since the financial crisis. Just last year, the global banking industry cashed in an impressive $1.36 trillion in after-tax profits — the highest total in the sector seen in the last 20 years. What are the drivers behind revenue and profits in the financial services … Read more
