Archive for the 'Economy' Category
Will Supercapacitors Come to AI’s Rescue?
May 6th, 2025Musk had to use expensive Tesla Megapacks to handle the massive power fluctuations at xAI: AI datacenters, especially during training, bring extreme power fluctuations due to the nature of neural networks (gradient descent). xAI has the largest AI data centers. xAI is using Tesla Megapacks to handle millisecond power fluctuations. Supermicro provided the racks and […]
Beijing Stops Publishing “Hundreds Of Statistics” To Cover Up Economic Collapse
May 6th, 2025Via: ZeroHedge: Regular China-watchers know very well that when it comes to local “data” reporting, China’s fabrication and goalseeking skills are second to none, and even the US Bureau of Labor Statistics is a rank amateur compared to Beijing’s National Bureau of Statistics, which tramples over actual econometric reporting with the glee of a bull […]
China Hit By Worker Protests Over Unpaid Wages, Factory Shutdowns Amid Trump Tariffs
May 5th, 2025Via: ZeroHedge: President Donald Trump’s hard-hitting tariffs on China appear to be taking a toll, disrupting Chinese factories and sparking worker protests over unpaid wages. As we noted late last month based on reporting by the Financial Times, factories across all of China have begun shutting down and furloughing workers “as the trade war unleashed […]
White House Eyes Deep Cuts In Non-Defense Spending, Boosts Military Budget
May 5th, 2025Mmm hmm. Why don’t they do the Pentagon? Via: ZeroHedge: The Trump administration has unveiled an early discretionary spending request ahead of its formal FY2026 budget submission. The proposal aims to cut discretionary funding by $140 billion – roughly 0.5% of GDP, and significantly shift the balance between defense and non-defense spending.
Aurora Begins Commercial Self-Driving Truck Service in Texas (Without Safety Drivers)
May 2nd, 2025Via: TechCrunch: Autonomous vehicle technology startup Aurora Innovation says it has successfully launched a self-driving truck service in Texas, making it the first company to deploy driverless, heavy-duty trucks for commercial use on public roads in the U.S. The launch comes just as Aurora hits its deadline; in October, the company delayed its planned 2024 […]
Catherine Austin Fitts on Tucker Carlson
April 29th, 2025Sir James Goldsmith predicting the decline of the west due to the flight of capital in search of slave labor with Charlie Rose in 1994. The battle between capital and labor. Very prophetic interview. And here we are 31 years later. pic.twitter.com/qTiaMab540 — Edward Dowd (@DowdEdward) April 29, 2025 — Former Bush administration official Catherine […]
Slate Auto Plans for Basic, Made in USA EV Pickup
April 25th, 2025This is a long way from actually happening, but at least someone is trying… Website: slate.auto Via: Motortrend: It’s news to no one that new cars are expensive. Years of rival automakers locked in tit-for-tat battles for higher power, longer range, bigger screens, and just more has led to a steady rise in prices. Even […]
Fox: Trump White House Alerting Wall Street Execs on Trade Negotiations
April 24th, 2025Imagine my shock: It looks crazy/incompetent, but it’s probably more criminal in nature. I seriously wonder if he has a room full of guys front running futures, stocks, options etc. ahead of these moves. Via: Fox – Charles Gasparino: SCOOP: People inside the Trump White House are alerting Wall Street execs they are nearing an […]
Container Orders Plummet
April 22nd, 2025Bessent says he expects ‘de-escalation’ in U.S.-China tariff fight in the ‘very near future’: Treasury Secretary Scott Bessent told investors in a closed-door meeting Tuesday he expects “there will be a de-escalation” in President Donald Trump’s trade war with China in the “very near future,” a person in the room told CNBC. “No one thinks […]
Klaus Schwab Steps Down From WEF Board
April 22nd, 2025Replaced by former Nestlé CEO Peter Brabeck-Letmathe. Via: ZeroHedge: On the same day Pope Francis—known for his inclusive beliefs—passed away, another globalist fell: Klaus Schwab, the architect of the World Economic Forum’s dystopian agenda, announced he was stepping down from the WEF board. It marks the end of an era for Schwab, who championed radical […]
