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or years, European policymakers had assured the world that the relatively rapid “transition” to “green” energy was the world’s preordained future — regardless of the costs. Accordingly, many European Union governments followed the advice of green experts. They eagerly shut down coal, natural gas, and nuclear power plants to transition immediately to “renewable energy.” Most … Read more
by silvertomars Buckle up kids
Under a new law, Germans will be able to change their gender and first name without having to undergo any surgery once a year, every year if required. Yes, really. The Self-Determination Act will allow transgender, intersex, and non-binary people to change their gender at will merely by visiting a registry office and signing a … Read more
Multiple people on social media (here, here, and here) claim monkeypox can potentially spread by touching clothing, bedding and towels that have previously come in contact with a person who has the virus. “Think twice before trying clothes on in a store, and maybe bring your own linens/towels for any hotel or Airbnb stay,” one post said. https://www.newscentermaine.com/article/news/verify/monkeypox-verify/monkeypox-transmission-spread-through-contiminated-clothes-bed-linens-fact-check/536-3a4ea57d-bbd4-4d3b-9d35-9b264a440264
On Sunday, just a day before the 95th-anniversary celebrations to mark the founding of the People’s Liberation Army (PLA), China conducted a test launch of its Dong Feng-17 (DF-17) medium-range hypersonic missile. Video footage of the live-fire launch, which took place at the Pingtan Islands, some 120 km (74 miles) from the Taiwanese coast, has been shared across social media. The display … Read more
Danielle DiMartino Booth – Twitter, Released on 8/3/22 The yield curve votes “NO-CONFIDENCE” on the US economy… I’m sure it’s nothing. https://t.co/56CzUovZ4x — Danielle DiMartino Booth (@DiMartinoBooth) August 3, 2022
The Chinese real estate market collapsed in July with all indices falling. An expert predicts that the real estate plunge, together with the economic slowdown, will lead to a financial shortage of 6 trillion yuan (about $889.6 billion) for local governments for the year, as the local governments’ revenues from land sales may be halved … Read more
By Tsvetana Paraskova Chesapeake will fully focus on key shale gas plays. Chesapeake will look to reduce its Eagle Ford positions. The company will increase exposure in the Haynesville shale formation. Shale pioneer Chesapeake Energy will focus on its key shale gas plays in the United States and will consider its oil-producing acreage in the … Read more
Max Fischer – Twitter, Released on 8/2/22 P/E ratio for metals and mining stocks in the S&P 500 are now retesting the lows of the 2008 bottom… Source: https://twitter.com/CrescatMax/status/1554511191489318915?
ROME (Reuters) -Italy’s parliament on Wednesday gave its final approval to a bill ratifying the accession of Finland and Sweden to the NATO alliance. The Senate voted by 202 to 13 in favour of the bill, a day after the lower house approved it by a large majority. The accession needs to be ratified by … Read more
by Martin Armstrong Speaker Nancy Pelosi landed in Taiwan on Tuesday night despite warnings from both Washing and Beijing. The nature of her trip was so secretive that it was not on her official itinerary. Now, the true nature of her visit is coming to light. “We take this trip at a time when the … Read more
Nancy Pelosi has arrived in South Korea, continuing her Asia tour – now leaving in her wake a tense Taiwan situation that’s seeing Chinese PLA forces encircle the island with live fire drills – but South Korea’s President Yoon Suk-yeol will not meet with her. While he had a pre-scheduled “holiday” which was announced in advance, there’s been widespread … Read more
#BREAKING: Gov. Ron DeSantis calls for doctors to be sued for providing children suffering from gender dysphoria double mastectomies and castrations "They wanna castrate these young boys – that's wrong … I think these doctors need to get sued for what's happening." pic.twitter.com/aKwsHIlzXF — Florida’s Voice (@FLVoiceNews) August 3, 2022
Economic experts and Biden Administration officials have come to a census regarding the Inflation Reduction Act, agreeing that the $739 billion democratic spending plan will do next to nothing to combat inflated prices over the next decade. The massive spending package, which raises taxes for everyone except those making between $10,000 and $30,000 per year and … Read more
Kevin Duffy with Jason Burack of Wall St For Main St Kevin runs the hedge fund Bearing Asset Management and is famous for his calls shorting the 1999 technology bubble and the 2008 housing crisis. Barron’s featured him in an article about his correct market calls and he is a fan of the Austrian School of Economics for decades. … Read more
by Dave Kranzler of Investment Research Dynamics After a decade of deranged monetary policies that ultimately amplified speculation beyond 1929 and 2000 extremes, we are so far from “normal’ that arriving anywhere near that neighborhood will be a journey. The recent market decline has simply retraced the frothiest portion of the recent bubble, bringing the most reliable market … Read more
