US Budget Disaster Ahead Will Impoverish Americans
US Budget Disaster Ahead Will Impoverish Americans Authored by Daniel Lacalle, Deficit spending is not a growth tool. It is the recipe for stagnation. The latest Congressional Budget Office (CBO) budget and economic outlook estimates show the extent of the challenges of the United States fiscal nightmare. The CBO expects a budget deficit of $1.9 trillion in […]
Death Toll In Dagestan Terror Attack Rises To 20 Killed, Russians Fear More To Come
Death Toll In Dagestan Terror Attack Rises To 20 Killed, Russians Fear More To Come The death toll from the Sunday terror attack on the Dagestan cities of Derbent and Makhachkala in southern Russia has risen significantly, now that further details have emerged of the religiously-inspired attack which targeted Orthodox churches and a synagogue, apparently […]
US Supreme Court Still Has 6 Blockbuster Rulings To Issue
US Supreme Court Still Has 6 Blockbuster Rulings To Issue Authored by Jack Phillips via The Epoch Times (emphasis ours), The U.S. Supreme Court is poised to release a number of significant rulings in the coming week, including ones relating to whether former President Donald Trump enjoys broad immunity for his activities as president; obstruction […]
Bitcoin Crashes Below $61,000 Ahead Of Imminent Mt.Gox Repayments
Bitcoin Crashes Below $61,000 Ahead Of Imminent Mt.Gox Repayments Bitcoin prices plunged overnight after now-defunct Bitcoin exchange Mt. Gox said it would begin distributing assets stolen from clients in a 2014 hack starting in July, after years of postponed deadlines. “The Rehabilitation Trustee has been preparing to make repayments in Bitcoin and Bitcoin Cash under the Rehabilitation […]
Futures Flat As Nvidia Slides For Third Day
Futures Flat As Nvidia Slides For Third Day Futures are flat, set for a muted open after erasing an earlier drop, and trading at record highs after three straight weeks of gains ahead of key inflation data later this week and the first debate between Joe Biden and Donald Trump, as well as the first round of […]
TikTok Owner ByteDance In Talks With Broadcom To Develop Advanced AI Chip
TikTok Owner ByteDance In Talks With Broadcom To Develop Advanced AI Chip US chip designer Broadcom is reportedly in discussions with ByteDance, TikTok’s Chinese parent company, to develop a new 5-nanometer purpose-built chip, according to Bloomberg, citing a source familiar with the matter. This collaboration aims to help ByteDance procure high-end chips amid a tech war between the US and […]
UK Technocrats Sharpen The Knives Of Manipulation
UK Technocrats Sharpen The Knives Of Manipulation Authored by Gary Sidley via The Brownstone Institute, My recently published research into the UK Government’s deployment of behavioural science strategies – ‘nudges’ – leads to a startling conclusion: in every sphere of daily life, our thoughts and actions are being psychologically manipulated so as to align them […]
Welfare Offices Providing Voter Registration Forms To Illegals Without Proof Of Citizenship
Welfare Offices Providing Voter Registration Forms To Illegals Without Proof Of Citizenship Illegal migrants are being provided with voter registration forms without requiring proof of citizenship, the NY Post reports. The forms, available in every state except Arizona – which recently passed a law barring the practice on state (but not federal) forms, are used […]
Hedge Fund CIO: We’re Approaching The Debt Super-Cycle Endgame
Hedge Fund CIO: We’re Approaching The Debt Super-Cycle Endgame By Eric Peters, CIO of One River Asset Management “The 2024 deficit will account for 7% of gross domestic product while the 2034 deficit will account for 6.9% of GDP,” wrote the non-partisan Congressional Budget Office (CBO) in its latest report. That makes it easy: 7% […]
“Massive” Cost-Cutting: Stellantis May Downsize Auburn Hills In Attempt To Cut 30% Of Costs
“Massive” Cost-Cutting: Stellantis May Downsize Auburn Hills In Attempt To Cut 30% Of Costs Just when you thought the worst cuts in the auto industry were over as a result of overspending on EVs and extortion new contracts from labor unions, more layoffs look like they could be on their way. At last week’s Stellantis investor […]