Archive for the 'Economy' Category
Federal Government to Conclude Fiscal 2020 With Record Spending
October 1st, 2020Via: Nextgov: The federal government’s fiscal 2020 year ends today at midnight and federal spending has eclipsed $6 trillion for the first time ever—and that’s without data from September, the final month federal officials can obligate annual Congressionally-appropriated funds before they expire. According to data from the Treasury Department, total government spending in fiscal 2020 […]
U.S. Air Force Has Built and Flown Prototype “Next-Generation Fighter Jet”
October 1st, 2020In case you thought the $1.5 trillion F-35 boondoggle would slow them down… Via: DefenseNews: The U.S. Air Force has secretly designed, built and flown at least one prototype of its enigmatic next-generation fighter jet, the service’s top acquisition official confirmed to Defense News on Sept. 14. The development is certain to shock the defense […]
Amazon One: Palm Scanner for ‘Secure’ Payments
September 29th, 2020Via: BBC: Amazon has announced a new payment system for real-world shops which uses a simple wave of the hand. Its new Amazon One scanner registers an image of the user’s palm, letting them pay by hovering their hand in mid-air “for about a second or so”, it says. The product will be trialled at […]
JPMorgan to Move $230 Billion Assets to Germany Under Brexit
September 23rd, 2020Via: Bloomberg: JPMorgan Chase & Co. is moving about 200 billion euros ($230 billion) from the U.K. to Frankfurt as a result of Britain’s exit from the European Union, a shift that will make it one of the largest banks in Germany. The U.S. bank plans to finish the migration of the assets to its […]
The Pandemic is a Test Run
September 23rd, 2020Via: The Corbett Report: The death cult that wants to suppress humanity has issued their warning: the lockdown of the world in the name of the global scamdemic is not the end of this madness. It is only the beginning.
JPMorgan To Pay Record $1 Billion Settlement Over Precious Metals, Treasury Manipulation
September 23rd, 2020Via: ZeroHedge: Last week, we reported that as Deutsche Bank’s infamous gold manipulator and spoofer – and currently star witness for the prosecution in a massive case targinet precious metal manipulation – David Liew, admitted “spoofing was so commonplace I figured it was ok.” Well, it wasn’t ok, but since everyone else was doing it, […]
California to Ban New Gasoline Cars by 2035
September 23rd, 2020Via: Bloomberg: California will phase out sales of new, gasoline-powered cars by 2035 as part of its fight against climate change, Governor Gavin Newsom announced — the first state to set an expiration date for the traditional automobile.
Tesla’s Value Drops $50 Billion as Musk’s Promised Cheaper Battery 3 Years Away
September 22nd, 2020Here’s the full presentation. There’s a lot of extremely interesting material here, but much of this is experimental and years away from full scale production. Via: Reuters: Investors slashed $50 billion from Tesla Inc’s market value on Tuesday despite CEO Elon Musk’s promise to cut electric vehicle costs so radically that a $25,000 car that […]
China Sharply Expands Mass Labor Program in Tibet
September 22nd, 2020Via: Reuters: China is pushing growing numbers of Tibetan rural laborers off the land and into recently built military-style training centers where they are turned into factory workers, mirroring a program in the western Xinjiang region that rights groups have branded coercive labor.
The Gordian Knot
September 22nd, 2020Via: Truthstream Media:
