Saturday 30 Sep 2023
"With trillions $ of unfunded healthcare and pensions entitlements this trend will not change. Enjoy positive real rates as long as they last. Japanese style financial repression is coming." - Twitter.
"In Dec 2021, NY Gov. Kathy Hochul invited all migrants to come to New York." - Twitter.
Friday 29 Sep 2023
Toys ‘R’ US to open stores across US, including at airports and cruise ships - CNN.
Number of migrants crossing Panama's Darien Gap surpasses 400,000 to record high - Reuters.
The obvious question about the illegal US immigration the media is not answering is: What happens to the hordes of immigrants? According to the 2019 Profile of the Unauthorized Population:
United States, school enrollment is 85% to 93%, 72% speak Spanish at home, 4% are unemployed, 30% are not in the labor force, 74% live above the poverty line.
US number of new houses sold is still above average. Interest rates do not affect cash purchases directly.
Thursday 28 Sep 2023
Opinion: Can’t afford a house in L.A.? Here’s how that happened - LA TImes.
"Went to the Eagle Pass border crossing to see what’s really going on" - Elon Musk, Twitter.
Wednesday 27 Sep 2023
"JUST IN - Costa Rica to declare state of emergency amid surge of migrants crossing the country — Reuters" - Twitter. Biden's election helpers are on their way.
"EXCLUSIVE: The billionaire chairman of China Evergrande, the world’s most indebted developer, has been placed under police control." - Twitter. What will that achieve?
Judge Rules Trump Committed Fraud, Stripping Control of Key Properties - NY Times. The media do not give the date of the fraudulent documents, the reason for the delay, or the reason the lawsuit was not brought by the parties who suffered a loss. The Democratic Party appears to be the looking for ways to interfere with Trump's election campaign.
Tuesday 26 Sep 2023
Spain Charges Shakira With Tax Evasion for Second Time - The Hollywood Reporter. The damage the publicity does to Spain's future tax revenue could be billions. Wealthy residents are being forewarned to relocate.
Rich Little Shows Up With Non-Stop Impressions | Carson Tonight Show - Youtube.
Sunday 24 Sep 2023
"S&P500 alert. The 7 biggest stocks in the S&P500 are up +50% in 2023. The other 493 stocks are basically flat. “The bottom line is that if you buy the S&P 500 today, you are basically buying a handful of comps that make up 34% of the index and have an avg P/E ratio of ~50” " - Twitter.
Friday 22 Sep 2023
"BREAKING NEWS: Biden makes border history with highest illegal crossing attempts and paroles ever recorded in a month: 304,162" - Twitter. The Democratic Party must have worked out that they need the Latino vote. Politicians only care about winning elections. Once elected, they achieve nothing, except for the introduction of policies that could win another election.
UK property prices remained the same for a century after 1845, and then shot up at the end of the second world war:
But that was nothing compared to the rise after the US, and presumably all countries, ended the gold standard in 1971:
Thursday 21 Sep 2023
"Footage emerges from the Palace of Versailles at last night's sickeningly opulent event with WEF Charles and Macron" - Twitter. Civilization is in decline, but politicians are still clinging to the vestiges of the past.
Initial Public Offerings (IPOs) are typically listed when the stock market is high, like 2000 and 2021. There are few new listings when share prices are low like in 2008 and 2009 - IPO Statistics. Stocks are delisted when the share price has fallen. The public are treated like suckers.
'@Apple plans to kill all life on Earth: "Our aim is to permanently remove carbon from the atmosphere." ' - Twitter. Carbon dioxide only makes up 0.042% of the atmosphere, and is absorbed by plants as it is produced.
BANANA REPUBLIC: I’m on trial today for writing a book about Trudeau called “The Libranos” - Libranos.
Wednesday 20 Sep 2023
"Mapped: The Migration of the World’s Millionaires in 2023" - Twitter.
"Scenes from Ottawa right now where thousands of parents and kids are protesting explicit sexual content in schools and radical gender ideology. These protests are absolutely massive and across the entire country. " - Twitter. It doesn't make sense for the majority to protest. The majority chose the goverment.
"The #NationalDebt just hit $33 Trillion, a full trillion higher than the $32 trillion it hit on June 15th. It took 40 presidents over 190 years to add the first $1 trillion to the National Debt. Joe Biden added the last trillion in just over three months! That must be a record." - Twitter. Joe Biden +$4.58 trillion, Donald Trump +$7.77 trillion, Barack Obama (2 terms) +$9.28 trillion, George W Bush (2 terms) +$5.04 trillion. The people keep voting for it.
"In the past 24 hours 20 more boats have arrived. Total over over 18,000! More boats are underway towards Lampedusa, Italy. " - Twitter.
As UK interest rates (red) were lowered over three decades from 12.7% in 1990 to 0.2% in 2020, an enormous amount of money (green) was created. Economic output (blue) did not keep up with the money supply growth (green). Very little of this would be real economic growth. Assets appreciated to create wealth without production, or inflation.
The nominal UK inflation rate is indicated by the growth in money supply:
Tuesday 19 Sep 2023
US Federal Debt to total US debt (blue) was 33.7% in Q2. Government usually reduces debt (blue down) by creating money at a higher rate (red up), which makes the debt worth less. The population is impoverished to pay for the government debt. Since 2008 government debt (blue) shot up, whilst total debt (red) grew slowly. To reduce the present high government debt level, will typically involve more money creation.
Pakistan's economy (red) grew at the same rate as the US economy (green) from 1960 to 2002, but has grown faster since, whilst debt (blue) increased.
Monday 18 Sep 2023
"What does Pakistan's government have to show for its past 23 IMF programs? MOUNTAINS of debt, CORRUPTED politics, a WORTHLESS currency, and PUNISHING inflation." - Twitter.
"Toyota showed off a prototype of its new gigacasting equipment that can make a third of a car body in about three minutes. The process usually takes hours." - Twitter.
"I’m convinced a lot of men think about the Roman Empire and its fall because they know the same thing is happening to our civilization" - Twitter. Empires often employ slaves to do the work, which would lead to the decline of the civilization. The US imported African slaves, and still allow immigration from South America for the low paying jobs. Detroit car manufacturers employed cheaper labour, and today the city is in decline.
"The European Union's "plan" is to distribute the Lampedusa migrants throughout Europe. They are not sending them back to Africa. These "leaders" are selling out their countries." - Twitter.
Sunday 17 Sep 2023
"For those considering putting their work on the X platform, consider that Tucker Carlson’s show when he was on TV, had single digit million viewers. Strong by legacy news standards. Views for his episodes on X now exceed the population of the United States.Talk to Earth via X!" - Elon Musk, TwitterX.
"International Monetary Fund staffer explains why 2022 Nobel physics prize winner John Clauser was disinvited from making a climate presentation to the IMF" - Twitter. The IMF keeps dictators in power with loans.
Chart of the Day: A Short History of 200 Years of Global Energy Use - The Atlantic. The use of coal flattened out after 1920, until 2000. Biofuels have declined since 1850. The use of oil and gas increased after 1940.
Climate Change: Global Temperature - Climate.gov. The earth's temperature was cool before 1935, and rose after 1975. It was cooler when coal and biofuels were the only sources of energy. After 1975 the smoke from coal fires was filtered out, and people switched to cleaner oil and gas. The earth's temperature simply rises until the smoke is generated to seed the clouds.
"Debt defaults by US companies surged 176% in the first eight months of 2023 from the year-earlier period, S&P data shows, as high interest rates push more businesses into financial distress" - Twitter. According to FRED, the Delinquency Rate on Business Loans, All Commercial Banks was still low in Q2:
Saturday 16 Sep 2023
"Homeless camp in Denver has a decked out bar that also rents out tents for prostitution" - Twitter.
The Remarkable Steadiness Of US Economic Growth - Talk Markets. Government chooses the official inflation rate for this outcome. The only thing that is remarkable is that people still believe politicians.
US vehicle and parts manufacturing index relative to real gross domestic product:
US number of vehicles produced:
Thursday 14 Sep 2023
"New York Times climate scam busted. Inconvenient pre-1960 temperature for US cities omitted from temperature graphs to make predictions to 2100 look ominous. But the reality for Bloomington, IN, for example, is that 1936 actually had more 90°F days (77) than are projected for the year 2100 (32-75). It's all a hoax." - Twitter.
"Main effect of increasing CO2 in the global atmosphere and oceans. Sherwood Idso, creator of http://CO2science.org, did this experiment in 2009. All four trees grown under the same conditions except for the CO2 concentration. Crops and trees benefit like this. Celebrate CO2!" - Twitter.
Toyota Details Next-Gen EV Batteries, Promises 497-Mile Range In 2026 - InsideEVs.
The $1 ride that costs Metro $43. Why some want to keep it going - Politicians have no problem spending other people's money.
Wednesday 13 Sep 2023
"The Lag Effect Unveiled" - Twitter.
"Decongestant in cold medicines found ineffective - WSJ. FDA advisory panel’s declaration paves way for removal of dozens of medicines in the U.S." - Twitter.
"Over 100 boats carrying 10,000 illegal immigrants arrived on the tiny Italian island of Lampedusa in one day yesterday. Migrant apocalypse!" - Twitter.
Monday 11 Sep 2023
US personal savings rate has fallen to 3.5% in July (blue). Credit card loans have increased to $983B in Q1 (red), a rise of 8.1% per year since 1984.
Sunday 10 Sep 2023
Google’s antitrust showdown: What’s at stake for the internet search titan - CNN.
Saturday 9 Sep 2023
US rent of a primary residence adjusted to $1702 (blue), compared to the interest on a 30 year mortgage for the average house sales (red). The rent is based on an index, and not the actual amount, which could mean that some dubious adjustments were made to the statistics. Properties that are rented could be more apartment size, whilst those purchased could be larger houses. The capital portion of the monthy mortgage payments should be added, but is small when spread out over 30 years.
Thus it is not attractive to buy a property to rent out, but living in a house that is paid off, or bought with cash, is still attractive.
Friday 8 Sep 2023
"For the last 70 years, builders have been building bigger and bigger houses - with average SF ballooning from 1,000 to 2,500" - Twitter.
"FAA orders Musk's SpaceX to take 63 corrective actions on Starship, keeps rocket grounded" - Twitter.
CNN's Eleni Giokos and Managing Director at TechInsights Carrie MacGillivray discuss around Huawei's chip manufacturing breakthrough. - Twitter. Our concern is that we get cheaper products.
German energy costs (blue) have shot up, but the growth rate is much lower than Euro money supply (red).
Thursday 7 Sep 2023
New York City cracks down on Airbnb, other short-term rentals - TechXplore.
US diesel price (blue) compared to total debt as the money in circulation (red). It is not the price of diesel rising, it is the value of the dollar declining.
Most currencies decline against the US dollar, because those governments print money at a higher rate. Against the Euro, the dollar has gone nowhere (below) despite the dominance of US technology companies, and more socialism in Europe.
Wednesday 6 Sep 2023
Death and destruction as flooding sweeps across southeastern Europe - Euronews.
After treatment with semaglutide, newly diagnosed type 1 diabetes patients found to need little or no insulin - MedicalXpress.
Human embryo models grown from stem cells - Phys.org.
Sunday 3 Sep 2023
"Toyota aims for a new production record: 10.2 million vehicles worldwide this year." - Twitter.
"US Treasury Secretary Janet Yellen will make her fourth visit to India in less than a year next week" - Twitter. She wants to pick up some spices.
Friday 1 Sep 2023
LDL not the be all, end all in heart disease, heart attacks and stroke - Medical Express.
Kevin Costner Ordered to Pay Estranged Wife Christine $63K per Month in Child Support After She Asked for $162K - People.
Kevin Costner Breaks Silence On ‘Yellowstone’ Feud, Threatens Lawsuit - Hollywood Reporter. He needs the money.
US house prices (red) compared to the cost of construction materials (blue) and construction employee wages (green). Either houses are much bigger than in 1963, or it is much cheaper to build new houses. New US Homes Today Are 1,000 Square Feet Larger Than in 1973 and Living Space per Person Has Nearly Doubled - AEI: "Over the last 42 years, the average new US house has increased in size by more than 1,000 square feet, from an average size of 1,660 square feet in 1973 (earliest year available from the Census Bureau) to 2,687 square feet last year (2015)."
Houses for sale in Los Angeles (red) is actually smaller then the rest of the US (blue)
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