Neueste Heute 25.05.2024 24.05.2024
Supreme Court Faces Historic Finish To Eventful Term
25.05.2024, 17:40 Uhr. ZeroHedge News - https: - Supreme Court Faces Historic Finish To Eventful Term Authored by John Malcolm via The Epoch Times, Oral arguments are over at the Supreme Court for this term. Although the rallies and protesters have dispersed (for now, anyway), the justices remain frantically at work on the numerous opinions they have yet to hand down. With several closely watched...
They Want To Scare You With Myths Of "Unhampered Capitalism"
25.05.2024, 03:00 Uhr. ZeroHedge News - https: - They Want To Scare You With Myths Of "Unhampered Capitalism" Authored by George Fo4rd Smith via The Mises Institute, Bad ideas are sometimes the hardest to dethrone. It’s probably accurate to say most people think of money as the paper currency printed by governments. And it is money in the sense that it functions as a medium of exchange, but is...
The Doom Of The Total State
24.05.2024, 23:40 Uhr. ZeroHedge News - https: - The Doom Of The Total State Authored by Jeffrey Tucker via The Epoch Times, We’ve been waiting for the big thoughts on the meaning of it all. Where does the crisis of our times fit into the historical trajectory? What does it all imply for how we should think about politics, culture, society, our lives, and our futures? A frustrating part of current...
Red Or Blue, Rich Or Poor — Recessions Don't Care
23.05.2024, 15:27 Uhr. ZeroHedge News - https: - Red Or Blue, Rich Or Poor — Recessions Don't Care Authored by Simon White, Bloomberg macro strategist, Political affiliation and wealth, it’s speculated, are making a recession look more likely than it really is by introducing systematic bias into the economic data. But this is a distraction. For the data that matters most in gauging the likelihood...
US Initial Jobless Claims Refuse To Budge From Near Record Lows
23.05.2024, 14:38 Uhr. ZeroHedge News - https: - US Initial Jobless Claims Refuse To Budge From Near Record Lows According to the magical data providers at the US Department of Labor, just 215,000 Americans filed for jobless benefits for the first time last week (down from the prior week's 223,000). Source: Bloomberg Of course, back in the real world, this is what we have seen this year... 1. Everybuddy:...
The "Old Money" Secret To Wealth
23.05.2024, 12:30 Uhr. ZeroHedge News - https: - The "Old Money" Secret To Wealth Authored by James Rickards via DailyReckoning.com, I believe that we’re heading for another liquidity crisis or financial crisis. That doesn’t mean it’ll happen tomorrow, but there are disturbing signs that it might not be too far off. It doesn’t mean the world’s going to end. But investors who aren’t prepared...
US House Passes FIT21 Crypto Bill With Bipartisan Support, Biden Does Not Threaten Veto
23.05.2024, 03:40 Uhr. ZeroHedge News - https: - US House Passes FIT21 Crypto Bill With Bipartisan Support, Biden Does Not Threaten Veto A majority of US House of Representatives members voted in favor of legislation to establish regulatory clarity over digital assets, CoinTelegraph reports. In a 279 to 136 vote on May 22, House lawmakers approved H.R.4763, or the Financial Innovation and Technology...
"Inflation Creates An Illusion Of Wealth" - Peter Schiff Blasts Biden's Brags About Raising Taxes
22.05.2024, 17:26 Uhr. ZeroHedge News - https: - "Inflation Creates An Illusion Of Wealth" - Peter Schiff Blasts Biden's Brags About Raising Taxes Via SchiffGold.com, This week Peter’s back to discuss new economic data, Powell’s recent remarks in the Netherlands, and the Biden administration’s new tariffs. More and more signs point to economic stagflation, but Biden, Powell, and their cronies...
Blowback In The African Coup Belt
22.05.2024, 08:05 Uhr. ZeroHedge News - https: - Blowback In The African Coup Belt Authored by Marcel Dumas Gautreau via The Mises Institute, Starting in 2020, things started to get strange in Africa for those who knew what to look for. Normally, coups in Africa are nothing to write about. But starting in 2020, we saw six countries flip into a pro-Russian direction in just three years. Individually...
Behind Rosy Economic Data, Americans Struggle To Make Ends Meet
21.05.2024, 12:30 Uhr. ZeroHedge News - https: - Behind Rosy Economic Data, Americans Struggle To Make Ends Meet Authored by Emel Akan via The Epoch Times (emphasis ours), Monica Lomax, a 59-year-old resident of Elkridge, Maryland, has been feeling the pinch of rising costs. She’s had to tighten her budget, especially for groceries and clothing. Now, her shopping trips are primarily for essentials...
Maybe We're Closer To "You'll Own Nothing" Than We Realize
20.05.2024, 23:40 Uhr. ZeroHedge News - https: - Maybe We're Closer To "You'll Own Nothing" Than We Realize Authored by Charles Hugh Smith via OfTwoMinds blog, Maybe we should rephrase the slogan to "you'll appear to own things you don't actually control and be happy." The World Economic Forum's catchphrase you'll own nothing and be happy was widely mocked as an eyebrow-raising vision of a "sharing...
Welcome To 'Fugazy Land'
20.05.2024, 22:21 Uhr. ZeroHedge News - https: - Welcome To 'Fugazy Land' Authored by James Howard Kunstler via Kunstler.com, “The crisis of meaning only becomes a problem when society becomes resigned to it, accepts a condition of meaninglessness, and seeks to dispossess humanity from the insights and truths it learned through the ages.” - Frank Furedi Really, you must agree: just about anything...
Grayscale CEO Michael Sonnenshein Steps Down Amid Relentless ETF Outflows
20.05.2024, 19:20 Uhr. ZeroHedge News - https: - Grayscale CEO Michael Sonnenshein Steps Down Amid Relentless ETF Outflows Michael Sonnenshein has stepped down from his role as the CEO of Grayscale Investments, the WSJ reported. “I would like to thank Barry Silbert for his vision and partnership and for entrusting me to lead Grayscale’s business. The crypto asset class is at an important inflection...
Is America Losing?
20.05.2024, 05:55 Uhr. ZeroHedge News - https: - Is America Losing? Authored by Matthew Piepenburg via VonGreyerz.gold, Below, we soberly assess the lessons of history and math against the current realities of a debt-defined America to ask and answer a painful yet critical question: Is America losing? The End of History and the Last Man In 1992, while I was still an undergrad with a seemingly endless...
Too Narrowly Focused?
20.05.2024, 01:15 Uhr. ZeroHedge News - https: - Too Narrowly Focused? By Peter Tchir of Academy Securities Too Narrowly Focused? The Citi Economic Surprise Index continues to deteriorate (worst levels in a year). Bond yields have declined (the 10-year Treasury got to 4.31% on Thursday, basically the bottom of our 4.3% to 4.5% range, and crept higher the rest of the week). Bonds in part moved on economic...
American & Foreigners Reportedly In Custody After Deadly Coup Attempt, Shootout In Congo
19.05.2024, 21:10 Uhr. ZeroHedge News - https: - American & Foreigners Reportedly In Custody After Deadly Coup Attempt, Shootout In Congo Military leaders of the Democratic Republic of Congo’s (DR Congo) said they have put down an attempted coup in a dramatic Sunday incident which included a large shootout erupting in the capital of Kinshasa. At least three men have been reported killed, with...
Inflation Is A Policy. Gold Does Not Reflect Monetary Destruction, Yet
19.05.2024, 20:35 Uhr. ZeroHedge News - https: - Inflation Is A Policy. Gold Does Not Reflect Monetary Destruction, Yet Authored by Daniel Lacalle, The money supply is rising again, and persistent inflation is not a surprise. Inflation occurs when the amount of currency increases significantly above private sector demand. For investors, the worst decision in this environment of monetary destruction...
After Sudden CEO Departure, Vanguard Taps Outsider From BlackRock
19.05.2024, 16:30 Uhr. ZeroHedge News - https: - After Sudden CEO Departure, Vanguard Taps Outsider From BlackRock After a jarringly sudden announcement of its CEO's retirement, investment giant Vanguard has tapped its first outsider to serve as the firm's fifth CEO. On July 8, Blackrock veteran Salim Ramji will take over, facing customer service challenges, uneasiness about whether an outsider will...
Ex-NIH Director Confirms 'No Science' Behind 6-Foot Distancing Rules
18.05.2024, 18:17 Uhr. ZeroHedge News - https: - Ex-NIH Director Confirms 'No Science' Behind 6-Foot Distancing Rules Newly released testimony from former NIH Director Dr. Francis Collins confirms that Anthony Fauci and Deborah Birx did not base the pandemic-era six-foot social distancing rule on science, and instead were making things up as they went along. On Thursday, Rep. Brad Wenstrup (R-OH)...
When Ideological Bubbles Trump Economic Thinking
18.05.2024, 17:41 Uhr. ZeroHedge News - https: - When Ideological Bubbles Trump Economic Thinking Authored by Paul Mueller via The American Institute for Economic Research, Sometimes smart people make remarkably naïve or deeply problematic comments because their view of the world has been molded by narrow ideology, reinforced by significant consensus in their social circles. Recently Esther Duflo...
The Decay Of Everyday Life
17.05.2024, 23:03 Uhr. ZeroHedge News - https: - The Decay Of Everyday Life Authored by Charles Hugh Smith via OfTwoMinds blog, So where does this leave us? We're on our own. This month I've described what can be summarized as The Decay of Everyday Life: the erosion of the fundamental elements of everyday life: work, opportunity, social mobility, security and well-being, which includes civility...
France Blames Deadly New Caledonia Uprising On TikTok, Russia, & Azerbaijan
17.05.2024, 08:45 Uhr. ZeroHedge News - https: - France Blames Deadly New Caledonia Uprising On TikTok, Russia, & Azerbaijan More shocking images have come out of the ongoing unrest and riots which have gripped the French Pacific territory of New Caledonia, as additional French troops, including reports of elite security forces, are en route to help authorities restore order. Determined to suppress...
Menace on the Menu: The Financialisation of Farmland and the War on Food and Farming
16.05.2024, 12:05 Uhr. OffGuardian - https: - Between 2008 and 2022, land prices nearly doubled throughout the world and tripled in Central-Eastern Europe. In the UK, an influx of investment from pension funds and private wealth contributed to a doubling of farmland prices from 2010-2015. Land prices in the US agricultural heartlands of Iowa quadrupled between 2002 and 2020. Agricultural...
"West's Governments Need War" Warns Martin Armstrong "Because Their Debts Are No Longer Sustainable"
16.05.2024, 11:00 Uhr. ZeroHedge News - https: - "West's Governments Need War" Warns Martin Armstrong "Because Their Debts Are No Longer Sustainable" Interview with Martin Armstrong by Piero Messina for SouthFront Martin Armstrong is one of the most influential economists of our times. Someone called him the “Forecaster”, because that was the title of the biopic film that helped make his...
Money's Grim Future
15.05.2024, 23:40 Uhr. ZeroHedge News - https: - Money's Grim Future Authored by Alan Lash via The Brownstone Institute, Prepare for total control of your economic life. That is the message from Brownstone Fellow Aaron Day at his 4-hour workshop in San Jose, California last Saturday, May 11th. Day has written the excellent book The Final Countdown, which carefully describes the increasingly aggressive...
Precarious: One Misfortune Away From Insolvency
15.05.2024, 23:00 Uhr. ZeroHedge News - https: - Precarious: One Misfortune Away From Insolvency Authored by Charles Hugh Smith via OfTwoMinds blog, As a result, a significant percentage of households that are considered middle-class are one misfortune away from insolvency. We can summarize the changes in our economy over the past two generations with one word: precarity, as life for the bottom 90%...
Large Barge Slams Into Galveston Bridge, Stranding Thousands On Pelican Island
15.05.2024, 21:45 Uhr. ZeroHedge News - https: - Large Barge Slams Into Galveston Bridge, Stranding Thousands On Pelican Island As the Biden administration continues funneling billions of dollars to Ukraine and with Secretary of Transportation Pete Buttigieg nowhere to be found, America's infrastructure continues deteriorating. Earlier today, a large barge crashed into a bridge in Galveston,...
Stimulus Today Costs Dearly Tomorrow
15.05.2024, 20:05 Uhr. ZeroHedge News - https: - Stimulus Today Costs Dearly Tomorrow Authored by Michael Lebowitz via RealInvestmentAdvice.com, Since the pandemic-related bazooka of fiscal stimulus, the outstanding Federal debt has risen appreciably. In nominal dollar terms, the recent debt surge is mindboggling. However, the increase is on par with the government’s negligent ways over the last...
Does Inflation Lead To Civilizational Collapse? A Look At Rome
15.05.2024, 18:30 Uhr. ZeroHedge News - https: - Does Inflation Lead To Civilizational Collapse? A Look At Rome With the US national debt at $34 trillion and climbing, USD reserve status under pressure, inflation destroying standards of living, and the Biden administration stoking costly war on several fronts, perhaps it's time for more thoughts on the Roman empire. In a Tuesday thread posted to X...
Where Wealth Is Concentrated In Africa
15.05.2024, 08:45 Uhr. ZeroHedge News - https: - Where Wealth Is Concentrated In Africa 56 percent of Africa’s millionaires and over 90 percent of its billionaires lived in just five countries in 2023 - South Africa, Egypt, Nigeria, Kenya, and Morocco, according to The Africa Wealth Report 2024 published by Henley & Partners and New World Wealth. There were 135,200 people who owned wealth of 1...
"We Need To Deal With The Debt" - Goldman CEO Warns Interest Costs On America's Ballooning Borrowings Means "Issues Down The Road"
15.05.2024, 02:20 Uhr. ZeroHedge News - https: - "We Need To Deal With The Debt" - Goldman CEO Warns Interest Costs On America's Ballooning Borrowings Means "Issues Down The Road" Authored by Tom Ozimek via The Epoch Times (emphasis ours), Goldman Sachs CEO David M. Solomon is the latest business leader to sound the alarm on the Biden administration’s deficit spending, which comes as the cost of...
Clearing Demand
14.05.2024, 20:03 Uhr. ZeroHedge News - https: - Clearing Demand By Ahmed Bin Sulayem Since its establishment in 2005, the Dubai Commodities Clearing Corporation (DCCC) has been the central counterparty for clearing and settlement services to the Dubai Gold & Commodities Exchange (DGCX). Emerging as the largest clearing house in the MENA region by volume, DCCC is now poised to play a far more multinational...
Moving Average Crossovers Suggest The Bull Is Back
14.05.2024, 19:22 Uhr. ZeroHedge News - https: - Moving Average Crossovers Suggest The Bull Is Back Authored by Lance Roberts via RealInvestmentAdvice.com, While there is much debate over whether another bear market is imminent, weekly moving average crossovers suggest a different outcome for now. There are many current concerns, from geopolitical risk to still inverted yield curves, slowing economic...
Squeezed For Decades, America's Working Class Is Finally Up Against The Wall
13.05.2024, 23:01 Uhr. ZeroHedge News - https: - Squeezed For Decades, America's Working Class Is Finally Up Against The Wall Authored by Charles Hugh Smith via OfTwoMinds blog, The net result is America's working class is up against the wall, maxed out. Let's start by defining the working class in a meaningful way rather than by tossing around meaningless income metrics which implicitly suggest...
China's Broadest Credit Metric Just Turned Negative For The First Time Since 2005
13.05.2024, 22:40 Uhr. ZeroHedge News - https: - China's Broadest Credit Metric Just Turned Negative For The First Time Since 2005 China has lots of economic problems (even if the market has been surprisingly generous in the past 4 months and allowed Chinese stocks to surge despite any actual economic rebound or recovery), but this is a new one. It is hardly a secret that for much of the past 15 years...
How Nancy Pelosi Became One Of America’s Richest And Most Powerful Politicians
13.05.2024, 22:32 Uhr. GreatGameIndia - https: - Nancy Pelosi’s rise from Baltimore to San Francisco intertwines public service and wealth, culminating in her status as one of America’s richest and most powerful politicians Nancy Pelosi’s climb to political prominence was anticipated in many respects. Nancy D’Alesandro, the daughter of the powerful Thomas D’Alesandro...
Who Are We Protecting, And From What?
13.05.2024, 12:31 Uhr. ZeroHedge News - https: - Who Are We Protecting, And From What? Authored by Omid Malekan via Medium.com, Gambling is increasingly legal in the US: Casinos, sports betting, the lottery, and so on. The economic benefits of most forms of gambling are limited. There is some job creation and collection of additional taxes, but these benefits come at the expense of players. Put differently:...
Climate "Reparations" Numbers Are Rigged
12.05.2024, 22:05 Uhr. ZeroHedge News - https: - Climate "Reparations" Numbers Are Rigged Authored by Paul Mueller via the American Institute for Economic Research, Nobel Prize–winning economist Esther Duflo thinks rich countries should pay poor countries $500 billion in compensation each year for climate-change damages. It is our “moral debt.” She proposes an international 2-percent wealth...
The Land Of The Setting Sun: The Currency Crisis Of Japan Has Just Started
12.05.2024, 01:51 Uhr. ZeroHedge News - https: - The Land Of The Setting Sun: The Currency Crisis Of Japan Has Just Started By Tuomas Malinen of The MT Malinen substack On Tuesday, we shortly commented the flash crash and the (assisted) recovery of the Japanese Yen between Friday and Monday, 26-29 April, on the GnS Economic’s Deprcon Outlook. In this entry, I will detail the reasons behind the crash...
Racist Secession? Conservatives Escape Democrat-Run Baton Rouge With Creation Of New City
11.05.2024, 13:00 Uhr. ZeroHedge News - https: - Racist Secession? Conservatives Escape Democrat-Run Baton Rouge With Creation Of New City The battle started a decade ago with conservative parents in the eastern areas of Baton Rouge, Louisiana seeking the right to send their children to better public schools. Their requests for a redistricting to build a new school in their area was denied by the...
As The Dollar Falters, Gold Becomes Insurance, Not Speculation
10.05.2024, 13:20 Uhr. ZeroHedge News - https: - As The Dollar Falters, Gold Becomes Insurance, Not Speculation Authored by Douglas French via The Mises Institute, Economics trumps sentimentality, and gold’s elevated price has some people raiding the family jewelry box to pay bills. “Young people are not wearing grandma’s jewels. Most of the young people, they want an Apple watch. They don’t...
What Frustrates Americans The Most About The Tax System
09.05.2024, 18:22 Uhr. ZeroHedge News - https: - What Frustrates Americans The Most About The Tax System In this visualization, Visual Capitalist's Pallavi Rao shows Pew Research’s findings on what bothers Americans the most about the tax system. This data was collected after surveying more than 5,000 American adults between the period of March 27-April 2, 2023. The survey was weighted to be representative...
Reality Dawns? Initial Jobless Claims Suddenly Spike To Highest In 9 Months
09.05.2024, 14:40 Uhr. ZeroHedge News - https: - Reality Dawns? Initial Jobless Claims Suddenly Spike To Highest In 9 Months With WARNs high, payrolls slowing, JOLTS data tumbling - led by construction jobs collapsing, and Challenger-Grey layoffs remarkably elevated, why would anyone question the government's official data on jobless claims - that continue to languish (in a good way) near record lows...
The Machinery Of Fascism Revisited
09.05.2024, 08:02 Uhr. ZeroHedge News - https: - The Machinery Of Fascism Revisited Authored by Jeffrey Tucker via The Brownstone Institute, Fascism became a swear word in the US and UK during the Second World War. It has been ever since, to the point that the content of the term has been drained away completely. It is not a system of political economy but an insult. If we go back a decade before...
These Are The Countries With The Highest Rates Of Crypto Ownership
09.05.2024, 04:55 Uhr. ZeroHedge News - https: - These Are The Countries With The Highest Rates Of Crypto Ownership This graphic, via Visual Capitalist's Marcus Lu, ranks the top 10 countries by their rate of cryptocurrency ownership, which is the percentage of the population that owns crypto. These figures come from crypto payment gateway, Triple-A, and are as of 2023. Data and Highlights The table...
When "Making It" Becomes Hopeless
08.05.2024, 22:35 Uhr. ZeroHedge News - https: - When "Making It" Becomes Hopeless Authored by Charles Hugh Smith via OfTwoMinds blog, No wonder so many people devote themselves to curating an artificial digital representation of themselves that they reckon is worthy of recognition and status. What does it take to "make it" in today's economy? As described in Withdrawing from the Rat Race Is Going...
Japan Is Now Caught In A Doom Loop
08.05.2024, 20:45 Uhr. ZeroHedge News - https: - Japan Is Now Caught In A Doom Loop By Russell Clark, author of the Capital Flows and Asset Market substack Japan and Treasuries My interest in Japan dates from 1991 when I was fresh faced high school exchange student in Kobe. There are no prizes for finding me in the above photo. I was the only “foreigner” in the school, and would go days without...
A Warning For Washington From The 'Breakdown Nations'
08.05.2024, 13:21 Uhr. ZeroHedge News - https: - A Warning For Washington From The 'Breakdown Nations' Authored by Ruchir Sharma via FT, At a time when two big economies, the US and India, are attracting a lot of hype for their enduring strength, it is worth looking at nations that not too long ago were billed as star performers but are now breaking down. All are among the world’s 50 largest economies...
The Great Ukraine Robbery Is Not Over Yet: Ron Paul
08.05.2024, 11:00 Uhr. ZeroHedge News - https: - The Great Ukraine Robbery Is Not Over Yet: Ron Paul Authored by Ron Paul via the Ron Paul Institute, The ink was barely dry on President Biden’s signature transferring another $61 billion to the black hole called Ukraine, when the mainstream media broke the news that this was not the parting shot in a failed US policy. The elites have no intention...
Withdrawing From The Rat-Race Is Going Global
07.05.2024, 22:22 Uhr. ZeroHedge News - https: - Withdrawing From The Rat-Race Is Going Global Authored by Charles Hugh Smith via OfTwoMinds blog, Mere mortals are left in a hopeless situation. In response, they're withdrawing from the competition en masse. The world has changed over the past two generations in ways that don't fit the heavily promoted narratives of "growth" and "progress." The "growth"...