That's how bad the situation has become – Rational and reasonable people are willing to leave behind their old life and risk it all to keep a margin of freedom. Because collectivists and narcissists are never satisfied. These assumptions are common right now because such people do not understand how Read more…
This is why people must figure it out themselves. As a young man, when acquiring my MBA back in 1969 I had to learn everything about Keynesian economics, only understanding much later how wrong it all was. My first job was in commercial lending in a Swiss Bank. This is Read more…
China Accounts For 94% Of US Fireworks Imports Tyler Durden Sat, 07/04/2020 – 07:45 Even though America is expected to experience a much quieter Fourth of July this year, it still imported 40,700 tons of fireworks worth $100 million through April of this year, and as Statista's Niall McCarthy notes, Read more…
Hydrogen is extremely promising as it is applicable throughout the energy value chain. Although production through electrolysis is preferred for sustainable purposes, steam methane reforming is used much more often due to low costs. Also, domestic hydrogen production provides an economic stimulus to local energy conglomerates such as Siemens which has made Read more…
“Panic-Driven Hoarding Of Bank Notes”: People Aren't Abandoning Cash During The Pandemic, They're Socking It Away Tyler Durden Sat, 07/04/2020 – 09:15 Habits change in the midst of a global recession, not to mention a global pandemic. We have already looked at how the pandemic has caused seismic shifts in Read more…
The self-evident truths of the Declaration of Independence contradicted the entire experience of mankind. Make no mistake, the Founders understood America's significance for all humankind. People everywhere had been operating according to the belief that God had put saddles on their backs and rulers in the saddle. It was the work of Read more…
Media reports claim that the US is sending not one but two aircraft carriers into the South China Sea, one of the hottest flashpoints on earth right now (at least, one of the hottest flash points that's not situated along India's land-border), as the US Navy holds military exercises in Read more…
-AP Moment before impact at the BLM protest in Seattle. The protest had gone on for almost 2 hours, moving from street to street before reaching the highway, where they parked vans on the road and prepared to block vehicles. pic.twitter.com/iVITRLPgND – Ian Miles Cheong (@stillgray) July 4, 2020 The Read more…
Since the dawn of history monuments would be put up and torn down. Recently a huge wave of monument desecration and monument removal has swept the United States and to a much lesser extent Europe. All this is taking place amid riots caused by the death of a frequent prison Read more…
They don't make money selling cars,” Jim Chanos said about Tesla on Twitter Friday. Even in the US, the truck isn't expected to go into production until late 2022. The Cybertruck already has over 250,000 reservations totaling $100 each. China's appetite for the market is unknown. Many trucks in China Read more…