Celsius, a former leading “CeFi” (centralized lending and borrowing) crypto exchange made news this past week for its bankruptcy filing, drawing a spotlight as the latest crypto casualty. The sharp downturn in the bleeding edge technology sector has exposed a number of projects and ventures that have dealt in negligent or outright corrupt financial practices....
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THIS WEEK IN SURVEILLANCE
THE TRIVERGENCE: A BUZZWORD FOR EMPOWERMENT OR ENSLAVEMENT? Don Tapscott is credited for conceiving the term “Trivergence” in December 2021 to describe the interconnection of three technology drivers of the so-called 4th Industrial Revolution: AI and Robotics (Permissionless Crypto Powered) Blockchains Internet of Things (IoT) In an article published at CoinTelegraph.com, Tapscott noted how the...
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GREEN ENERGY TYCOONS UPDATE: INVESTIGATING THE “CLIMATE CARTEL”
If nothing else, the Russia – Ukraine conflict has thrown new scrutiny onto a self-serving “green energy agenda” that favors the investments of billionaire interests including Bill Gates, BlackRock and others. Several shoes dropped this past week regarding the growing awareness that there’s a “climate cartel” at work trying to kneecap the traditional energy sector...
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HOW TO MAKE SOLAR PANELS BETTER? ADD ALGAE.
Mexican startup Greenfluidics has turned algae farms into solar panels. The company is expanding a concept introduced in Germany in 2013 by Splitterwerk Architects and building firm Arup. The two put flat glass tanks, resembling solar panels, on the outside of a building. The tanks are filled with green algae. The algae are fed carbon...
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WHAT TOMORROW’S ELECTRICITY GENERATING PLANT LOOKS LIKE
On 22 June, electric car maker Tesla invited 25,000 California households that have installed its Powerwall home electricity storage device to become part of the world’s largest virtual power plant—in effect, a distributed battery. Powerwalls are batteries that store energy generated by solar panels. Tesla’s effort is part of the Emergency Load Reduction Program established...
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AUTOMATED TOOTH-BRUSHING—WITHOUT THE BRUSH
Brush. Floss. Rinse. Repeat. Every day. At least twice. For the rest of your life. Or not, if an invention by a multidisciplinary team at the University of Pennsylvania works out. The group has created nanoparticles mainly made of iron oxide—the stuff of rust—that can swarm teeth in your mouth, clean them more effectively than...
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THE UNITED STATES DOES NOT HAVE AN ECONOMY
By Paul Craig Roberts, Institute for Political Economy The U.S. financial sector has long looted other countries. A number of participants have described the process. First a country is enticed with bribes to the leaders to take out loans that cannot be serviced or repaid. Then in comes the IMF. Austerity is imposed on the...
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MARKETS RIGGED: TAIWAN PROVES IT
Taiwan’s government said it will withdraw money from its National Stabilization Fund to keep stock prices from falling further after they already have lost about $340 billion in value this year. The fund was established in 2000 to combat market turmoil caused by “significant occurrences at home or abroad” or “large-scale movements of international capital”...
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WHEN THE ECONOMY FALLS JOBS GO WITH IT
Inflation and interest rate hikes are causing companies in many sectors to lay off employees. To illustrate the employment trends and the socioeconomic implications, each week we will list job losses. Tesla laid off another 200 people Netflix cut 3 percent of its workforce Amazon has frozen hiring in some areas Rivian plans to layoff...
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THE BIG SPLIT: COULD TWO AMERICAS HAPPEN?
One of the more detailed articles arguing against a split of America into two (or more) nations, a March 2022 Newsweek piece, posited that doing so would be economically catastrophic. There is an ever-growing divide between how red states and blue states envision hot button issues like abortion, medical mandates, gun rights, military interventionism, and...
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