“Things are out of control” – There is a shortage of everything and prices are soaring: What happens next
In Wednesday’s press conference, Jay Powell confirmed that the Fed is setting off on a historic experiment: welcoming a conflagration of red-hot inflation for an indefinite period of time in an overheating economy, with the underlying assumption that it’s all “transitory” and that inflation will return to normal in a few years, and certainly before […]
Lincoln Project fundraising page down after $90 Million grift unravels
The Lincoln Project, which raised over $90 million to oppose former President Trump and his allies during the 2020 election, has shuttered their fundraising page amid the organization’s spectacular implosion.
“Thank me later”: Redditor leaked a month ago that Tesla “just bought 800 million worth of Bitcoin”
We noted that Tesla’s buy of $1.5 billion in bitcoin wasn’t a huge surprise to us yesterday. But it turns out we might not have been the only people who weren’t surprised by the purchase. That’s because a Reddit post that’s making its rounds on social media this morning appeared to leak that Tesla had […]
Chanos says Tesla short has been “clearly painful” as markets embrace “golden age of fraud”
One of of the world’s most well known short sellers, Jim Chanos, said on Monday that his Tesla short has been “clearly painful” for his firm Kynikos Associates. Chanos has been skeptical of Tesla and Elon Musk for years. The firm once had a 5% short position in the name that has now been reduced to a […]
Supreme Court orders new trial over California worship restrictions in light of New York ruling
The Supreme Court has sent a lawsuit over religious gatherings brought by a California church against Gov. Gavin Newsom (D) and the state of California back to a lower court for a do-over, in light of the court’s decision that New York Gov. Andrew Cuomo’s restrictions on religious gatherings are unconstitutional. The plaintiffs in the case, Harvest Rock Church, […]
‘Immunity cards’ to be issued to all Americans: Enable CDC to track COVID-19 vaxx status
On Wednesday the Department of Defense released the first images of a COVID-19 vaccination record card as well as vaccination kits, according to CNN. “Everyone will be issued a written card that they can put in their wallet that will tell them what they had and when their next dose is due,” says Dr. Kelly […]
US, UK say first COVID vaccinations expected before Christmas as new cases slow: Live updates
Summary NYC announces plans to reopen in-person education LA starts 3-week lockdown Surgeon General says COVID vaccination to start in mid-December UK officials say vaccinations to start before Christmas China detects virus on seafood packaging German authority warns virus isn’t slowing fast enough for Christmas Colo. Gov tests positive Czech Republic plans to ease lockdown […]
Over half young American adults now live with their parents
In the last few decades, young adults have faced harsh economic realities – from the financial crisis in 2008 to this year’s global pandemic, both triggering catastrophic losses in jobs and financial stability. And while the widespread effects of COVID-19 have yet to be fully captured, Visual Capitalist’s Aran Ali notes that young adults are […]
Massive armada of IRGC boats mobilize in Gulf amid rumors, Israeli strike imminent
The naval forces of the Iranian Revolutionary Guard Corps (IRGC) on Thursday conducted large-scale exercises in the Strait of Hormuz at a moment Tehran believes Israel will launch a preemptive strike aimed at drawing Trump into ordering US military action in the region before he leaves office in January. According to state-run English language PressTV, “The […]
Kissinger warns Biden: Anti-China Coalition could cause “catastrophe comparable to World War I”
Many have feared US tensions with China are on such an edge on multiple fronts, also through allies in the region, that war could easily erupt based on what in normal times might be seen as a small encounter or incident. And now, Henry Kissinger has raised his warning levels during the opening session of […]
