Michael Shellenberger: ‘Governments worldwide claim that “hate incidents” are rising, but they’re not. Tolerance of racial, sexual, and religious minorities has never been higher.’

The public’s hatred of racial, sexual, and religious minorities is so out of control that it imperils our democracy. At least, that’s what influential leaders from Joe Biden and Barack Obama to former New Zealand Prime Minister Jacinda Arden and …

READ MORE

Michael Burry: ‘Sell’

We've just had a Strong SELL signal on our Longview SELL-off indicator. This model is designed to forecast major pullbacks by measuring excessive greed in financial markets. Its signals are rare and often timely. pic.twitter.com/QKMD8FIc4u — Longview Economics (@Lvieweconomics) January …

READ MORE

Federal Reserve Alert! Vice Chair for Supervision Michael S. Barr in speech: “We are currently evaluating whether the supervisory stress test that is used to set capital requirements for large banks reflects an appropriately wide range of risks.”

Source: https://www.federalreserve.gov/newsevents/speech/barr20221201a.htm In my first speech as Vice Chair for Supervision in September, I said that the Federal Reserve Board would soon engage in a holistic review of capital standards. My argument, then and now, is that our review of regulatory …

READ MORE

Michael Burry says the US economy will suffer a multiyear recession. He sees no way for authorities to end the downturn early and warns consumers will virtually exhaust their savings soon, tanking the economy.

  via businessinsider: Michael Burry has predicted the US economy will suffer a multiyear recession. The ‘Big Short’ investor sees no way for authorities to end the downturn early. Burry has warned consumers will virtually exhaust their savings soon, tanking the …

READ MORE