While The Street is still on an equity market high, thanks mostly to so-called “Magnificent Seven” tech stocks that spiked, and continue to spike, with the new AI juice they are gobbling up, it is a different world on Main Street.
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THE SYSTEM IS HYPERINFLATING
The world economy is not just grinding to a halt, it’s essentially dead. With that, global debt is surging higher at its fastest pace on record.
GETTING HUNGRY: FOOD COSTS KEEP CLIMBING
In January, the cost of groceries in the U.S. was 1.2 percent higher than a year earlier and menu prices at restaurants jumped 1.2 percent, according to data from the U.S. Labor Department.
OPENAI SORA AI SYNTHETIC VIDEO CREATOR ALREADY COSTING HUMAN JOBS—AND TELEGRAPHING AGI
Sora AI, OpenAI’s sophisticated text-to-video AI generator, is showing all the signs of making as big a sensation as its ChatGPT text generating AI did about a year ago.
U.S. TELLS ICJ: ISRAEL CAN KEEP ITS STEALING OF PALESTINIAN LAND
Richard Visek, the U.S. State Department’s acting legal adviser, told the International Court of Justice last week that it should not endorse the opinions by some nations that Israel should withdraw from Gaza after its massacre is complete.
PUTIN KEPT PUSHING FOR CEASEFIRE IN DONBASS IN 2019, BUT I REJECTED IT: ZELENSKY
Before the Ukraine War began on 24 February 2022, we had urged that Russia and Ukraine negotiate for a ceasefire.
ECONOMIC UPDATE – MARKET OVERVIEW
Where is the economy going, what’s next, and what to do? In order to forecast the economic future, we have to know about the current events forming future trends.
TOP TREND 2023 OFFICE BUILDING BUST: COMMERCIAL REAL ESTATE CRISIS COMING
About $929 billion in commercial real estate loans are coming due this year, the Mortgage Bankers Association (MBA) says, a jump of more than 40 percent from the $659 billion the group had estimated previously.
ISRAELI GENOCIDE: IT’S THE AMERICAN WAY
This past Saturday, Arab representatives called on the UN Security Council to pass a resolution that demands Israel stop bombing Gaza, abide by an immediate ceasefire, and stop their war that keeps displacing Palestinian civilians whose homes have been destroyed.
THIS WEEK IN SURVEILLANCE
Governments are quickly implementing measures to clamp down on free speech, under the guise of combating Artificial Intelligence connected “misinformation,” “malinformation,” and “disinformation.”