Watch: America’s ‘AI Czar’ Kamala Harris Explains “First Of All, It’s Two Letters”
Watch: America’s ‘AI Czar’ Kamala Harris Explains “First Of All, It’s Two Letters” Authored by Steve Watson via Summit News, Ladies and Gentlemen of America, this is who will become your leader if the doddering 80 year old Biden falls on a sandbag and cracks his skull open… It’s Kamala Harris, explaining for those who are not […]
SEC Hits Lindsay Lohan, Jake Paul, Soulja Boy And Others With Crypto Fraud Charges
SEC Hits Lindsay Lohan, Jake Paul, Soulja Boy And Others With Crypto Fraud Charges The Securities and Exchange Commission on Wednesday unveiled fraud and unregistered securities charges against Tronix crypto founder and Grenadian diplomat Justin Sun, as well as separate charges against celebrity backers of his TRON and BitTorrent crypto assets – which included Soulja […]
‘Bailout Bust’? European Bank Default Risk Rises As Credit Suisse Stock Tumbles
‘Bailout Bust’? European Bank Default Risk Rises As Credit Suisse Stock Tumbles Over $50 billion dollars in fresh liquidity to CS and the market is saying – moar! Despite SNB’s bailout, Credit Suisse shares are fading back from overnight exuberance… Additionally, Credit Suisse’s credit risk has barely improved… European bank stocks are below yesterday’s lows… […]
Why Credit Needs A Golden Anchor
Why Credit Needs A Golden Anchor Authored by Alasdair Macleod via GoldMoney.com, This article examines the relationship between credit and its anchor in value. Today, that anchor is fiat currency, which is both parochial and unstable. Historically, and in law it has always been gold. It is a common error to think of credit in […]
Global Food Prices Slide For Eleventh Month And Could Soon Show Up In Supermarket Savings
Global Food Prices Slide For Eleventh Month And Could Soon Show Up In Supermarket Savings Inflation re-accelerated in the US and Europe last month, highlighting sticky price pressures that keep central banks ultra-hawkish and committed to increasing the terminal rate. Interest rate markets are still repricing the ‘about face’ in the disinflation narrative, which has […]
The Winter Wave Of Tech Layoffs Continues
The Winter Wave Of Tech Layoffs Continues Many tech stocks have been in a tailspin for the better parts of the last 12 months, which was one factor in the reduction of the workforces of numerous companies and startups in the tech sector after the pandemic years of growth. Even tech bulwarks like Amazon, Meta and Twitter […]
The Annual Interest Rate Payment on Government Debt Is $850 Billion And Rising Fast
The Annual Interest Rate Payment on Government Debt Is $850 Billion And Rising Fast Authored by Mike Shedlock via MishTalk.com, At the current pace, interest on US government debt will soon hit one trillion dollars… Annualized intertest on US national debt from the BEA, chart by Mish Note that interest on the national debt either […]
Texas Warns Energy Operators To Prepare For Cold Snap
Texas Warns Energy Operators To Prepare For Cold Snap Oil and natural gas operators in west Texas, including the Permian Basin, have been warned by the state energy regulator to prepare equipment for a cold snap and snowfall on Tuesday. The National Weather Service predicts cold weather and snow for parts of west Texas to […]
EU Technocrat Threatens Musk With “Sanctions” Unless He Stamps Out Free Speech On Twitter
EU Technocrat Threatens Musk With “Sanctions” Unless He Stamps Out Free Speech On Twitter The battle over Twitter is often made to appear complex and chaotic, but it can all be boiled down to a simple dichotomy – It’s about the people who demand censorship in favor of the establishment narrative vs. the people who […]