The World Economic Forum has posted a video to its website arguing for a “post-growth economy,” which is a nice way of repeating its infamous claim that by 2030, you’ll own nothing and be happy.Continue Reading
Just days after California decreed an end to new gas or diesel-only vehicles in the state by 2035, EV owners were asked not to charge their vehicles because hot weather is straining the power grid. How will the grid handle millions of new electric cars?Continue Reading
The Federal Reserve Bank plans to launch a new settlement system called FedNow by next summer. While it’s not blockchain-based, like cryptocurrency, it would route credit and debit card transactions through the Fed—meaning instant government records of card purchases.Continue Reading
Near-record inflation is combining with skyrocketing prices for energy and food for a perfect economic storm that’s lowering the standard of living for millions.Continue Reading
At least 20 million households in the US are behind on power bills as soaring electricity prices and inflation put a squeeze on family budgets. Some analysts are predicting a wave of utility disconnections as winter approaches.Continue Reading
Aleksandr Dugin, the philosopher called “Putin’s brain,” reportedly suffered a heart attack after the car bombing Saturday that killed his 30-year-old daughter. Was the bomb was meant for him, and is the heart attack another assassination attempt?Continue Reading
The FBI raided Mar-a-Lago, the home of former President Trump, ostensibly looking for documents improperly removed from the White House. Given the FBI’s behavior in the Russian collusion hoax, we have low confidence that the warrant, the search, or the motives behind it are legit.Continue Reading
Nancy Pelosi’s stunt visit to Taiwan last week caused Xi Jianping and Chinese leadership to lose face, an unforgivable act in their culture. China’s response may be slow in coming, but it will be calculated, precise, and tough.Continue Reading
The opening ceremony of the Commonwealth Games in Birmingham, England featured a 30-foot mechanical bull. Does it represent more than just the industrial history of Birmingham?Continue Reading
House Speaker Nancy Pelosi’s announced trip to Taiwan has become a game of nuclear chicken. China has threatened military action if Pelosi goes through with her visit, but the Biden administration may feel it can’t risk being seen as weak.Continue Reading