Archive for the 'Economy' Category
The Utterly Unbelievable Scale of U.S. Debt Right Now
February 18th, 2019Via: National Post: This week, the United States national debt ticked above US$22 trillion for the first time, an amount equivalent to $67,000 per U.S. citizen. The U.S. federal government owes more money than any other institution in the history of human civilization. And it’s just getting worse. According to the Congressional Budget Office, in […]
Most Americans Don’t Realize What Companies Can Predict from Their Data
February 16th, 2019Via: The Conversation: For example, data about a mobile phone’s past location and movement patterns can be used to predict where a person lives, who their employer is, where they attend religious services and the age range of their children based on where they drop them off for school. These predictions label who you are […]
Shell Buys Sonnen, Tesla’s Competitor in the Home Battery Business
February 16th, 2019Via: Ars Technica: On Friday, oil major Royal Dutch Shell and German energy storage company Sonnen announced that Shell would acquire Sonnen for an undisclosed amount. Sonnen has been one of the top competitors with Tesla’s Powerwall in the US home battery market. The company built its base in Germany, attaching batteries for self-consumption to […]
Dr Stephanie Seneff Presents Roundup, MMR and Autism A Toxic Connection
February 16th, 2019Via: Donald Hutton:
Survey: 53 Percent of Californians Want to Leave the State
February 15th, 2019Via: San Francisco Chronicle: Dreaming of greener (read: cheaper) pastures? You’re not alone. According to a new survey by Edelman Intelligence, 53 percent of Californians are considering moving out of state due to the high cost of living. Millennials are even more likely to flee the Golden State — 63 percent of them said they […]
Morgan Stanley: An Electric Pickup from Tesla or Rivian Is a ‘Serious Problem’ for Detroit
February 14th, 2019Via: CNBC: The auto industry’s electric vehicle revolution has only just begun, Morgan Stanley told investors in a note on Thursday, and the highly profitable pickup truck market is next. “An electric pickup truck successfully launched by a new player (i.e. Rivian or Tesla) could be a serious problem for the Detroit based [traditional automakers],” […]
Retail Sales Drop the Most Since September 2009
February 14th, 2019Via: Reuters: U.S. retail sales recorded their biggest drop in more than nine years in December as receipts fell across the board, suggesting a sharp slowdown in economic activity at the end of 2018. The Commerce Department said on Thursday retail sales tumbled 1.2 percent, the largest decline since September 2009 when the economy was […]
Amazon, GM in Talks to Invest in Electric Pickup Truck Maker Rivian
February 12th, 2019Via: Reuters: Amazon.com Inc and General Motors Co are in talks to invest in Rivian Automotive LLC in a deal that would value the U.S. electric pickup truck manufacturer at between $1 billion and $2 billion, people familiar with the matter said on Tuesday.
U.S. Special Operations Manual: IMF, World Bank Part of “Unconventional” Weapons Arsenal
February 7th, 2019Via: Mint Press: WASHINGTON – In a leaked military manual on “unconventional warfare” recently highlighted by WikiLeaks, the U.S. Army states that major global financial institutions — such as the World Bank, International Monetary Fund (IMF), and the Organization for Economic Cooperation and Development (OECD) — are used as unconventional, financial “weapons in times of […]
Attempts to Dance Around the Kafkaesque Nightmare in California
February 3rd, 2019This is very difficult to watch. I only made it about a third of the way through this. “There’s no law against having a garden hose in your backyard… yet. We’re waiting for them to catch on.” Anyway, one more for your herniating California-Is-Hell file folder. Via: Exploring Alternatives: Related: L.A. Coliving: PodShare
