Is China Dumping US Treasuries and Buying Gold? Bloomberg Says Yes, Pettis Uncertain
Tyler Mitchell Bloomberg reported that China is selling a record amount of US debt while buying gold. Previous reports of…
The Massive Immigration Wave Hits America’s Schools and Shelters
School systems complain about the rising costs of handling illegal immigrants. Here’s a spotlight on two cities, one…
The US Threatens to Sanction Companies That Don’t Give a Damn
The Biden administration claims Chinese companies help Russia rebuild its war machine. Our sanction proposal counter is laughable.…
Industrial Production Peaked 18 Months Ago, Where’s the Recession?
When Industrial Production Peaks, recession soon follows. The only exceptions were the lengthy lead time ahead of the…
Daytime Solar Power Glut in California, Rooftop Sales Plunge 90 Percent
Emily Hudson Demand for rooftop solar systems dries up in California after subsidies drop. 100 contractors go out of business.…
Unsold Tesla’s Pile Up in Mall Parking Lots, Big Discounts Likely
Tesla is renting parking lots to store thousands of vehicles. This helps explain the mass layoffs. Tesla Cranking…
The EU Taxes Vehicles from China that its Own Companies Make
One wonders how idiotic tariff policy can get. Competition is stiff between Biden, the EU, and Trump. German…
Ukraine Ditches Pricey US Drones, Goes for Affordable Chinese Options Instead
Drones from American startups are glitchy and expensive prompting Ukraine to turn to alternatives from China. The Wall…
What Happened to the Biden Surge After Trump Was Convicted?
Was there a surge? Or was it a mirage? A few polls showed slight improvement for Biden immediately…
New Home Sales Rise 8.8 Percent After 3.8 Percent Negative Revision
The Census Bureau revised February seasonally adjusted annualized sales from 662,000 to 637,000 and reports March at 693,000.…