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We Approach 'State' Singularity
18.06.2024, 23:27 Uhr. ZeroHedge News - https: - We Approach 'State' Singularity Authored by Bruce Pardy via The Brownstone Institute, Many citizens of the West believe that they live in free societies, or something close... But as time goes on, public authorities increasingly insist on having a say in everything... People cannot build things on their own land without permits. They cannot run businesses...
The Glue Binding Democracy And A Free Economy Has Melted
18.06.2024, 22:26 Uhr. ZeroHedge News - https: - The Glue Binding Democracy And A Free Economy Has Melted Authored by Charles Hugh Smith via OfTwoMinds blog, And that's how democracy and a free economy die... An astute reader asked me to clarify the difference between individual sacrifice and shared sacrifice in the context of the Common Good, which as he rightly noted, dictatorships use as the...
'Not Babylon Bee': California Proposes Restraining Orders To Stop Thieves
18.06.2024, 19:20 Uhr. ZeroHedge News - https: - 'Not Babylon Bee': California Proposes Restraining Orders To Stop Thieves Authored by Mike Shedlock via MishTalk.com, More and more headlines look as if they are from the Babylon Bee. Let’s discuss the latest idiocrasy from la-la land. Governor Gavin Newsom courtesy of the Hoover Institute Background In California, police don’t arrest criminals...
"Our Culture Is Far From Perfect": Boeing CEO Says In Prepared Remarks Ahead Of Senate Hearing
18.06.2024, 19:00 Uhr. ZeroHedge News - https: - "Our Culture Is Far From Perfect": Boeing CEO Says In Prepared Remarks Ahead Of Senate Hearing On Tuesday afternoon, Boeing CEO Dave Calhoun will testify before the Senate Permanent Subcommittee on Investigations, chaired by Sen. Richard Blumenthal (D-Conn.), about the ongoing investigations into Boeing's quality oversight and production failures...
AI: "Existential Crisis" Or Excuse For Cronyism?
18.06.2024, 18:40 Uhr. ZeroHedge News - https: - AI: "Existential Crisis" Or Excuse For Cronyism? Authored by Joshua Mawhorter via The Mises Institute, Several months ago, I was on a long car trip with my dad, and we listened to a podcast that gave some commentary on the following headlines from the New York Times and the Wall Street Journal: “AI Poses ‘Risk of Extinction,’ Industry...
Holding And Hoping
18.06.2024, 16:40 Uhr. ZeroHedge News - https: - Holding And Hoping By Bnejamin Picton, Senior Macro Strategist at Rabobank Holding and Hoping US stocks reset record highs overnight as the NASDAQ rose 1.25% and the S&P500 closed up 0.77%. Even European stocks shook off the turmoil of the last few days to close higher. The EuroStoxx 100 was up 0.85%, the DAX rose 0.37% and the CAC40 rebounded from...
Biden Announces Deportation Protections For Some Illegal Immigrants
18.06.2024, 16:20 Uhr. ZeroHedge News - https: - Biden Announces Deportation Protections For Some Illegal Immigrants President Joe Biden on Tuesday announced that his administration won't deport many illegal immigrants who are married to US citizens, or whose parent is married to a US citizen. This translates to roughly 500,00 spouses of US citizens, along with 50,000 children, who won't be deported...
Why Consumer Sentiment Fell To A Seven-Month Low
18.06.2024, 16:01 Uhr. ZeroHedge News - https: - Why Consumer Sentiment Fell To A Seven-Month Low Authored by Daniel Lacalle, The University of Michigan Consumer Sentiment Survey plummeted to its lowest level in seven months. The index reading for June came in at 65.6, down from 69.1 in May and under the consensus expectation of 72. In the current conditions and expectations categories, the survey...
Futures Flat As Tech Stocks Rise For 7th Consecutive Day
18.06.2024, 14:10 Uhr. ZeroHedge News - https: - Futures Flat As Tech Stocks Rise For 7th Consecutive Day Futures are flat with gigatech naturally outperforming into today’s retail sales print where the expectations are for beats to resume after last month's sharp miss. As of 8:00am ET, S&P futures were completely flat, while Nasdaq futures were up for the 7th day in a row as it nudges toward the...
McDonald’s Abandons Automated Drive-Thrus After Its AI Fails
18.06.2024, 11:16 Uhr. GreatGameIndia - https: - McDonald’s has decided to discontinue its automated drive-thru systems after encountering significant issues with its AI technology. This move comes after a collaboration with IBM, starting in 2021, aimed to streamline ordering processes but faced challenges. The emergence of generative AI was predicted to destroy jobs in several sectors of the...
Giorgia Meloni And Europe's Future
18.06.2024, 09:30 Uhr. ZeroHedge News - https: - Giorgia Meloni And Europe's Future Authored by Conor Gallagher via NakedCapitalism.com, One burning question following the European parliamentary elections that concluded on June 9: how did Italian Prime Minister Giorgia Meloni’s ruling Fratelli d’Italia (Brothers of Italy – Fd’I) perform so well despite the following: A lousy economy. That’s...
The Trade Wars: How Trump's And Biden's Policies Match Up
18.06.2024, 05:40 Uhr. ZeroHedge News - https: - The Trade Wars: How Trump's And Biden's Policies Match Up Authored by Jonathan Draeger via RealClearPolitics, One of the defining features of former President Trump’s 2016 presidential campaign was his – at least at the time – unorthodox opinions on trade. With the notable exception of Bernie Sanders, the other candidates parroted the longstanding...
Putin To Arrive In North Korea Tuesday, First Visit In 24 Years
18.06.2024, 01:20 Uhr. ZeroHedge News - https: - Putin To Arrive In North Korea Tuesday, First Visit In 24 Years On Monday the Kremlin has revealed details of Russian President Vladimir Putin's trip to North Korea. Last week South Korea's Yonhap news agency predicted that Putin could show up in the North Korean capital "as early as next week" as part of an expected Asian tour that will include...
China's New Home Prices Plunge The Most Since October 2014
18.06.2024, 00:40 Uhr. ZeroHedge News - https: - China's New Home Prices Plunge The Most Since October 2014 So much for that Chinese housing "bailout", which we correctly warned would be woefully insufficient. A slew of data published early Monday local time, showed that among various other economic measures, China’s housing slump deepened in May and triggered new calls for the government to pump...
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