Even more trouble for Tesla…

From The Verge: Tesla’s cars may be high-tech, but that doesn’t mean they’re foolproof when it comes to security. This fact is on display in a new video that shows, without the proper protections in place, that it’s not that hard …

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The U.S. Housing Market and Home Builders Are In Trouble — good data and chart showing 2018’s ugly housing sector. US Home Builders down most in a year since 2008.

via palisade-research: Many of you know that I haven’t been exactly bullish on the U.S. housing market – especially the construction stocks. That’s why in early March I wrote about and recommended betting against the home builders (you can read that here and see how …

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Nevada In Deep Trouble If Recession Strikes, Report Finds

by stockboardasset States deploy reserves and balances to manage budgetary uncertainties, deal with revenue forecasting mistakes, prevent severe spending reductions or tax increases when there are unexpected revenue shortfalls, and cope with unforeseen emergencies. Because reserves and balances are essential to …

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Is Facebook Really in Trouble?

by Daniel Carter Yesterday, Facebook’s stock plummeted nearly 20% after the company missed earnings. It was the biggest one-day loss in market value of any US-listed company ever. This was truly a frantic and radical repricing. But I can’t say that …

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SILK ROAD BLUES: China’s Global Building Spree Runs Into Trouble in Pakistan. “To fund a 70-nation infrastructure initiative, Beijing has been extending loans in opaque deals often contingent on using Chinese contractors.”

via WSJ: Financed and built by Chinese state-run companies, the soon-to-be-finished overhead railway through Lahore is among the first projects in China’s $62 billion plan for Pakistan. Beijing hoped the $2 billion air-conditioned metro, sweeping past crumbling relics of Mughal …

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Trouble Ahead For The Housing Market

by Adam Taggart Shutterstock Our good friend John Rubino over at DollarCollapse.com just released an analysis titled US Housing Bubble Enters Stage Two: Suddenly Motivated Sellers. He reminds us that housing bubbles follow a predictable progression: Stage One: Mania — Prices rise …

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Calpers In Deep Trouble

by cmartenson Well, for one Calpers could use tis considerable power to argue very publicly that the Fed should not be in the business of supporting high house prices and Goldman Sach’s bottom line with ultra-low interest rates. Second, Calpers …

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China Is In Trouble – “China builds real estate for a shrinking population, invests for an over-indebted client (the US, which even insists on a drastic reduction of the bilateral trade deficit) and finances all this with money it does not have.”

Authored by Ronald-Peter Stöferle and Mark J. Valek via The Mises Institute, Before we discuss the economic situation of China, a few words about China’s strongman, Xi Jinping. The “new Chinese emperor” has engineered a meteoric rise. He started off …

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