Archive for the 'Economy' Category
U.S. Treasury Warns Of $312 Billion Chinese Laundering Dark-Money Network For Mexican Cartels
August 30th, 2025Let me guess: Average people are going to locked down, tracked and surveilled even harder in order to deal with this… Via: ZeroHedge: The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a warning on Thursday that Chinese money laundering networks (CMLNs) pose a substantial threat to the U.S. financial system, citing money laundering by […]
Broke Americans Complaining on Social Media
August 25th, 2025I read a series of books called, The Borrowed World by Franklin Horton. Spoiler Alert: When the shit hits the fan in the U.S., the things desperate Americans tend to have in abundance are guns and ammo. Food? No. Fuel? No. Water? Not so much. I wonder if the military deployments to U.S. cities are […]
Why Are More And More Americans Becoming Disabled?
August 25th, 2025Gee, I wonder… What could it be? In other news, why are covid vaccinated Czech women having 1/3 fewer children than unvaccinated Czech women? Hmm. Baffling. Via: ZeroHedge: Bureau of Labor Statistics data reveals 1.1 million MORE Americans have become disabled in just the past 3 months. … Prominent data analyst @DowdEdward reports that since […]
BlackRock’s Fink Appointed as Interim Co-Chairman of World Economic Forum
August 18th, 2025Via: The National: BlackRock chief executive Larry Fink has been appointed interim co-chairman of the World Economic Forum (WEF), which organises the annual meeting of leaders in Davos, Switzerland. Andre Hoffmann, the vice chairman of Swiss based healthcare company Roche Holding, will also be interim co-chairman of the WEF, according to an announcement on Friday. […]
High End GPU Smuggling to China
August 18th, 2025This is a fascinating look into how GPU smuggling networks are getting around U.S. export restrictions to China. This is long and probably not of much interest to most of you, but some will find it very interesting. The part I found most incredible is how gaming-grade GPU silicon is being pulled from existing cards […]
Update on CATL’s Sodium Battery Technology
August 15th, 2025Via: Undecided with Matt Ferrell:
U.S. Deficit Grows to $291 Billion in July Despite Tariff Revenue Surge
August 13th, 2025Via: CNBC: The U.S. government’s budget deficit grew nearly 20% in July to $291 billion despite a nearly $21 billion jump in customs duty collections from President Donald Trump’s tariffs, with outlays growing faster than receipts, the Treasury Department said on Tuesday. Related: Big Beautiful Bill, “Effectively Dooms the U.S. to Debt Collapse”
The Computer Science Dream Has Become a Nightmare
August 13th, 2025Via: TechCrunch: The coding-equals-prosperity promise has officially collapsed. Fresh computer science graduates are facing unemployment rates of 6.1% to 7.5% — more than double what biology and art history majors are experiencing, according to a recent Federal Reserve Bank of New York study. A crushing New York Times piece highlights what’s happening on the ground. […]
Coinbase Britain Ad: “Everything Is Fine”
August 11th, 2025Via: Coinbase:
Social Security Insolvency Projected 6 Months Sooner, Chief Actuary Says
August 9th, 2025Via: ZeroHedge: The Social Security trust funds are projected to run out about six months earlier than previously estimated, according to a new analysis from the program’s chief actuary. Letters sent on Aug. 5 to Sen. Ron Wyden (D?Ore.) and Rep. Steven Horsford (D?Nev.) say the combined Old?Age and Survivors Insurance (OASI) and Disability Insurance […]
