There has been no other time in the history of the world where global debt has risen faster than it is rising today. Moreover, the big secret is this: no matter how much debt puppet governments pump into the system, via the REAL world government system which is world central banks, the amount of debt pulled into the system is never enough.
Author: admin (Kendrick Williams)
TRUCKS, SMART METERS AND ELECTRIC VEHICLES: THINGS YOU WILL AND WON’T HAVE BY CLIMATE DECREE
The days of easy and fashionable climate virtue signaling are fast coming to a close.
ARTIFICIAL PUMP: AI ETF MARKET HOT
Exchange-traded funds (ETFs) with the words “artificial intelligence” (AI) in their names are on the rise, both in numbers and in profits.
SPOTLIGHT: BIGS GETTING BIGGER
As we had long forecast, the higher central banks raise interest rates, the lower the Merger and Acquisition trend... which hit record highs during the COVID war when interest rates sank and governments pumped in countless trillions to artificially prop up sinking economies.
SPOTLIGHT ON CHINA
China’s manufacturing and services sector both slowed in May, offering more evidence that the growth spurt early this year after the government lifted anti-COVID restrictions has not lasted.
FU ENVIRONMENT, IT’S THE BOTTOM LINE: PORTUGAL APPROVES LITHIUM MINING
Portugal’s environmental regulators have given a positive recommendation on Savannah Resources’ proposed Barroso lithium mine that will produce enough of the metal to supply 500,000 electric vehicles (EVs) annually, the company says.
BANK REGULATORS MUST “SIGNIFICANTLY” BOOST THEIR BUDGETS, BIS SAYS
Nations’ bank overseers must increase their budgets dramatically to step up supervision in the wake of March’s twin collapse of Signature and Silicon Valley banks in the U.S. and Credit Suisse’s failure in Switzerland, the Bank for International Settlements (BIS) said in a statement last week.
SAUDI ARABIA CUTS OIL OUTPUT, BUT OIL PRICES KEEP SINKING
After a tense weekend meeting of the Organization of Petroleum Exporting Countries and their allies (OPEC+), Saudi Arabia announced it would pare back its oil production by one million barrels per day in an attempt to push crude prices higher.
CRYPTO WALLETS FOR NFTS MIGHT BE COMING WITH A FUTURE ETHEREUM UPGRADE
NFTs (Non-fungible Tokens) might have built-in crypto wallets, if a new development proposal is incorporated into the Ethereum network protocol.