Global recession is coming. The two biggest export economies in the world are seeing their new export orders in the manufacturing PMIs fall sharply.

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Global recession is coming. The two biggest export economies in the world – Germany (blue) & China (black) – are seeing their new export orders in the manufacturing PMIs fall sharply. That's deteriorating global demand as we teeter towards recession. Only outlier: the US (red)… pic.twitter.com/u5ntWz7fXa — Robin Brooks (@robin_j_brooks) May 8, 2022 Meanwhile back … Read more

Tesla sells just 52 cars in Australia in April vs 1472 running monthly average for 2022

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by Historical_Job_8609 The fanbois’ will of course lambast, but short or long, you might be interested in Shanghai’s shut down showing up in early anecdotal Oceania figures, whilst we wait for the Chinese data on April sales and production for Tesla in China. Analysts seem very behind the curve with many predicting over well over … Read more

Company plans space hotel by 2027 like 2001 space odyssey space station

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Looks like 2001 space odyssey station Spinning wheel for artificial gravity about same as moon Starship would be best option for hauling up the construction matetials https://www.zerohedge.com/technology/new-renderings-show-inside-luxurious-space-hotel-open-2027 New Renderings Show Inside Luxurious Space Hotel To Open In 2027 Starship capacity is 100 tons to low earth orbit I’m sure this is by far the lowest … Read more

Court Orders FBI To Provide Details on Officials Listed in Strzok Memo That Opened Spy Operation Against Trump

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(Washington, DC) – Judicial Watch announced today that a federal court has ordered the FBI to disclose additional details about FBI and other officials “cc-ed” on the memo used to justify launching the “Crossfire Hurricane” spy operation against President Trump and his 2016 presidential campaign. Judge Carl J. Nichols has given the FBI until June … Read more

California energy officials warn of possible blackouts this summer for up to 4 million people

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California had blackouts in 2020 when a heat wave meant there was insufficient power available as the sun went down and renewable sources shut down. Now California’s energy officials are predicting a repeat this summer if anything unexpected happens. California energy officials on Friday issued a sober forecast for the state’s electrical grid, saying it lacks sufficient capacity … Read more

Peter Schiff: “The recession that we are already in will be much worse than the Great Recession that followed the 2008 Financial Crisis.”

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The #recession that we are already in will be much worse than the Great Recession that followed the 2008 Financial Crisis. In addition to double digit #inflation the economy will be hit by mass layoffs as reduced consumer spending forces money-losing companies to slash payrolls. — Peter Schiff (@PeterSchiff) May 5, 2022 The #Fed created … Read more

China has ordered central government agencies and state-backed corporations to replace foreign-branded personal computers with domestic alternatives within two years, marking one of Beijing’s most aggressive efforts so far to eradicate key overseas technology from within its most sensitive organs.

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https://www.bloomberg.com/news/articles/2022-05-06/china-orders-government-state-firms-to-dump-foreign-pcs ​ Staff were asked after the week-long May break to turn in foreign PCs for local alternatives that run on operating software developed domestically, people familiar with the plan said. The exercise, which was mandated by central government authorities, is likely to eventually replace at least 50 million PCs on a central-government level alone, … Read more

Mic drop from Canada…

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Conservative leadership candidates Pierre Poilievre and Jean Charest square off over comment made about the ‘Freedom Convoy.’ “The average trucker has more integrity in his pinky finger than you had in your entire scandal-plagued Liberal cabinet."@PierrePoilievre slammed Charest's opposition to the Freedom Convoy during last night's @canstrongfree debate Watch the full debate: https://t.co/w5M1itpg01 pic.twitter.com/O4uEJ72FvC — … Read more

How to Cope with Rising Inflation: 4 Top Tips

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Canada’s inflation rate recently reached 6.7%, which is the fastest increase in over 30 years. As the cost of goods and services rise, many families are apprehensive about what their financial future holds. No matter what your circumstances are, rising inflation will have an impact on your financial situation. However, there are ways to prepare … Read more