For YEARS we have been witnessing an ever-increasing gap between any kind of reality, the stock market, and just about everything else. It’s always the same story, which also without exception always ends the same way- very badly.
Author: admin (Kendrick Williams)
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CELENTE: KENNEDY TO WIN RACE TO WHITE HOUSE
A newly released poll showed clear vulnerabilities for President Joe Biden’s reelection campaign as his job approval numbers hit new lows and more Americans than ever question his mental sharpness.
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INSIGHTS ON THE TECHNOCRATIC ASCENDANCE, AND WHAT IT MEANS FOR HUMANITY
A few overarching themes can explain and connect a lot of the core aims of technocrats. Technocrats are driven by a quest to comprehensively apply science in order to engineer progress.
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SPOTLIGHT: CHINA
China’s manufacturing economy slumped in April, with the purchasing managers index (PMI) for the sector slipping from 51.9 in March to 49.2 last month.
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SPOTLIGHT: BYE BYE BUCKS – DEATH OF THE DOLLAR
China’s yuan, not the dollar, was the most-used currency in China’s international trade at the end of March, Business Insider reported.
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SOUTH KOREA’S EXPORTS CONTINUE THREE-YEAR LOSING STREAK
In April, South Korea's exports declined 14.2 percent, year on year, for the seventh consecutive month, their longest slide since the beginning of the COVID War, Reuters reported.
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EXXONMOBIL, CHEVRON POST HIGHEST PROFITS IN 15 YEARS
On 28 April, ExxonMobil posted its highest quarterly net income ever, reaching $11.4 billion after new U.S. and coastal South American wells produced more robustly than had been expected.
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DRAGFLATION TREND: EU EKES OUT SMALL GROWTH IN FIRST QUARTER
The European Union’s (EU’s) economy managed to grow by 0.3 percent in this year’s first quarter, even though Germany’s – Europe’s largest economy – flatlined for the period, showing neither growth nor contraction, the Financial Times reported.
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CORPORATE DEFAULTS RISING
In this year’s first quarter, 33 corporations tracked by Moody’s Analytics defaulted on debts, the largest number since 47 failed to pay in the final quarter of 2020.