Archive for the 'Economy' Category
U.S. Giving Up On $230 Million Gaza Air Pier
June 19th, 2024Via: ZeroHedge: A vivid metaphor for American global geopolitical incompetence is about to float off into the sunset, as the White House is poised to give up on the $230 million Gaza aid pier it built to alleviate an Israel-imposed humanitarian catastrophe in Gaza. Disassembly could begin in July, officials told New York Times. First […]
Japan Banking Giant Norinchukin To Liquidate $63 Billion In Treasuries & European Bonds To Plug Massive Unrealized Losses
June 19th, 2024Via: ZeroHedge: …what’s happened in Japan is not that different from what is happening in the US, where as the FDIC keeps reminding us quarter after quarter, US banks are still sitting on over half a trillion dollars in unrealized losses, as a result of the huge jump in interest rates which has blown up […]
TDK: Solid-State Battery with an Energy Density of 1,000 Wh/L, Approximately 100X Greater than Conventional Solid-State Battery
June 17th, 2024Via: TDK: TDK Corporation (TSE:6762) successfully developed a material for CeraCharge, a next-generation solid-state battery with an energy density of 1,000 Wh/L, approximately 100 times greater than the energy density of TDK’s conventional solid-state battery. TDK’s technology is aimed at a solution that can be utilized in various wearable devices, such as wireless earphones, hearing […]
SITUATIONAL AWARENESS: The Decade Ahead
June 15th, 2024Via: situational-awareness.ai: The AGI race has begun. We are building machines that can think and reason. By 2025/26, these machines will outpace many college graduates. By the end of the decade, they will be smarter than you or I; we will have superintelligence, in the true sense of the word. … Before long, the world […]
Chiquita Held Liable for Funding Colombian Paramilitaries
June 13th, 2024Old habits die hard: Founded in 1899 in Boston, United Fruit quickly grew to be the dominant force in the region. In addition to the banana plantations and railway, it also ran the post office and the telegram service. By the 1930s, with a dictator in power, United Fruit had amassed hundreds of thousands of […]
U.S. Spending More Money On Chip Manufacturing Construction This Year Than In Previous 28 Years Combined
June 12th, 2024Via: Tom’s Hardware: The Biden administration’s CHIPS Act is pumping money into chip manufacturing construction at an historic rate. According to a recent report from the U.S. Census Bureau, the growth of computer and electrical manufacturing construction funding is so great that the U.S. government will add as much funding to the sector in 2024 […]
10,000 California Fast Food Workers Fired Thanks To $20 Minimum Wage
June 11th, 2024Via: ZeroHedge: Nearly 10,000 California fast food workers have been fired thanks to the state’s new $20 minimum wage, according to the California Business and Industrial Alliance (CABIA), which slammed Governor Gavin Newsom for the law which went into effect April 1. “California businesses have been under total attack and total assault for years,” said […]
Full Tucker Carlson Interview with Rep. Thomas Massie (R-KY)
June 10th, 2024Rep. Thomas Massie doesn’t care what you think of him, which is pretty great. (3:19) Where Does US Debt End?(10:32) Why Massie Voted 15 Times Against Funding Israel(14:53) AIPAC(34:04) Mitch McConnell(42:25) Area 51(50:32) Massie's Relationship with Trump(57:09) Kill… pic.twitter.com/VBOiWjq056 — Tucker Carlson (@TuckerCarlson) June 7, 2024
Off the Grid with Thomas Massie
June 9th, 2024Via: Free the People: Research Credit: NH
U.S. Employment Levels, Native Born vs. Foreign Born
June 7th, 2024Holy. Shit. The insane trend continues… In just May, 414,000 immigrants (legal and illegal) gained a job. Meanwhile, 663,000 native-born Americans LOST their job. Since pre-Covid, native born workers have actually LOST ~2 million jobs. All of the net job gains are immigrants. pic.twitter.com/BNEWRSBDrU — Geiger Capital (@Geiger_Capital) June 7, 2024
