News From ZeroHedge, Page 2629
Homebuyers Face Affordability Crisis, Worst In 12 Years
ZeroHedge - Jan 3rd 2021 4:30pm ESTHomebuyers Face Affordability Crisis, Worst In 12 Years Between record-low mortgage rates (thank you Federal Reserve), Congress’ fiscal stimulus checks, record debt-fueled demand, and extremely low supply, the housing market entering 2021 is in bubblelicious territory, surpassing levels not seen since the 2006/7 housing bubble. Of course, surging home prices mean that millennials can’t afford to […]
There’s Something Peculiar About The Vandalism At Pelosi’s House
ZeroHedge - Jan 3rd 2021 4:00pm ESTThere’s Something Peculiar About The Vandalism At Pelosi’s House Authored by Adrea Widburg via AmericanThinker.com, An ugly story emerged on New Year’s Day: Vandals had attacked Nancy Pelosi’s San Francisco house, leaving behind graffiti on her garage complaining about the stimulus bill, along with a pig’s head in a puddle of red paint. People less […]
Russia & Cuba Working Closely With Iran To Procure COVID-19 Vaccine
ZeroHedge - Jan 3rd 2021 3:30pm ESTRussia & Cuba Working Closely With Iran To Procure COVID-19 Vaccine In late 2019 into early 2020 Iran was among the first countries outside of China to be hit hard by the coronavirus pandemic (alongside Italy). Due to its international isolation and the crippling US-led sanctions on the Islamic Republic, it is also likely to be […]
US Goes All In On Nuclear Power In Space Race With China
ZeroHedge - Jan 3rd 2021 3:00pm ESTUS Goes All In On Nuclear Power In Space Race With China By Tsvetana Paraskova of OilPrice.com The United States is doubling down on nuclear power and propulsion systems in the new space race with China. The Trump Administration unveiled in the middle of December a National Strategy for Space Nuclear Power and Propulsion, the so-called Space Policy […]
Trump Rages “When In Doubt, Call It COVID” As Pressure To Clean Up Death Toll Mounts
ZeroHedge - Jan 3rd 2021 2:30pm ESTTrump Rages “When In Doubt, Call It COVID” As Pressure To Clean Up Death Toll Mounts Given the loose national guidelines for reporting deaths attributed to COVID-19, is it any wonder that, around the country, potentially tens of thousands of deaths have been wrongly attributed to the virus? In Washington State, as we recently pointed […]
Boiling Mad
ZeroHedge - Jan 3rd 2021 2:05pm ESTBoiling Mad Authored by Robert Wright via The American Institute for Economic Research, Spontaneous food banks, mayoral recall efforts around the country, kneeling during the Star Spangled Banner, and the Nashville bombing are each borne of desperation and frustration with the statist status quo. It boiled over in 2020, and could have profound consequences on politics, economics, […]
Stephen Moore Breaks With White House, Calls Trump’s $2,000 Stimulus Push “Absurd”
ZeroHedge - Jan 3rd 2021 1:40pm ESTStephen Moore Breaks With White House, Calls Trump’s $2,000 Stimulus Push “Absurd” Economist and President Trump’s economic adviser Stephen Moore dismissed the need for a “massive stimulus bill” to generate economic growth in 2021, according to The Hill. Moore, speaking with radio host John Catsimatidis on WABC 770 AM, said the latest economic estimates show the […]
Morgan Stanley On Reversion, Evolution, And 2021’s New Normal
ZeroHedge - Jan 3rd 2021 1:15pm ESTMorgan Stanley On Reversion, Evolution, And 2021’s New Normal From Adam Virgadamo and Michelle Weaver, equity strategists at Morgan Stanley As we enter 2021, vaccines bring hopes of reopening and a return to normal, but the reality is that markets and the world are constantly evolving. That evolution creates alpha opportunities, so each year Simon […]
Breadlines Stretch Across America: This Economic Collapse Is Much Worse Than You Are Being Told
ZeroHedge - Jan 3rd 2021 12:49pm ESTBreadlines Stretch Across America: This Economic Collapse Is Much Worse Than You Are Being Told The economic collapse of 2020 has undeniably widened the wealth gap. Now, our country is essentially divided between those who patiently wait for some food in breadlines – after losing their ability to provide for themselves and, oftentimes, the roof […]
Liner Capacity Control And The Future Of Container Shipping
ZeroHedge - Jan 3rd 2021 12:25pm ESTLiner Capacity Control And The Future Of Container Shipping By Greg Miller, of FreightWaves, The world’s container liner business is now so consolidated that it can deftly match vessel capacity to cargo demand. This change – courtesy of mergers and alliances – is structural, not cyclical. If there’s a single thesis for container shipping in […]
When You Believe All The Propaganda…
ZeroHedge - Jan 3rd 2021 12:00pm ESTWhen You Believe All The Propaganda… How serious has the general public been brainwashed during 2020, the year of the pandemic? This video will show you what it’s like to believe all the propaganda on the news and mainstream media. You’ll be the smartest person, according to you… h/t 21stcenturywire Tyler Durden Sun, 01/03/2021 – […]
Will The Fed Destroy The Dollar?
ZeroHedge - Jan 3rd 2021 11:35am ESTWill The Fed Destroy The Dollar? Authored by Adam Taggart via PeakProsperity.com, The Federal Reserve’s official target rate of inflation is 2% per year. Put another way, that means that if the Fed hits its target, the value of today’s dollar will only be worth around a third of its current value in 50 years. […]
Top US Official Says ‘Growing Body Of Evidence’ Shows COVID-19 Leaked From Chinese Lab
ZeroHedge - Jan 3rd 2021 11:10am ESTTop US Official Says ‘Growing Body Of Evidence’ Shows COVID-19 Leaked From Chinese Lab The most ‘credible’ theory about the origin of COVID-19 is that it escaped from a Chinese laboratory, according to US National Security Adviser Matthew Pottinger, who made the comment during a Zoom meeting with UK officials. “There is a growing body […]
Remember When The Democrats Challenged The Electoral Vote Count In 3 Elections Over 20 Years?
ZeroHedge - Jan 3rd 2021 10:45am ESTRemember When The Democrats Challenged The Electoral Vote Count In 3 Elections Over 20 Years? Authored by Silvio Canto Jr., via AmericanThinker.com, What do 2001, 2005, and 2017 have in common? We inaugurated three GOP presidents, and Democrats challenged their electoral vote each time. Yes, three for two, or three times for the last two GOP […]
Ethereum Erupts Higher, Bitcoin Nears $35k; What’s Next?
ZeroHedge - Jan 3rd 2021 10:21am ESTEthereum Erupts Higher, Bitcoin Nears $35k; What’s Next? While Bitcoin has been stealing the headlines, it was Ethereum’s turn overnight as the number 2 crypto spiked back above $900 for the first time since Feb 2018… Source: Bloomberg Ethereum still has over $400 to go to reach its record highs… Source: Bloomberg Bitcoin also pushed […]
New York Jewelry Wholesaler Pleads Guilty In $200 Million Ponzi Scheme
ZeroHedge - Jan 3rd 2021 9:55am ESTNew York Jewelry Wholesaler Pleads Guilty In $200 Million Ponzi Scheme On Wednesday, the U.S. Attorney’s Office for the Eastern District of New York published a statement that read a jewelry wholesaler pleaded guilty to a $200 million Ponzi scheme. Gregory Altieri, of Melville, Long Island, 53, operated a “two-year $200 million Ponzi scheme based on false […]
How To Triumph In 2021 Or Die Trying
ZeroHedge - Jan 3rd 2021 9:20am ESTHow To Triumph In 2021 Or Die Trying Authored by MN Gordon via EconomicPrism.com, “We had seen God in his splendors, heard the text that Nature renders. We had reached the naked soul of men.” – Ernest Shackleton One Essential Insight Welcome to 2021! The New Year’s edition of the Economic Prism is a place […]
Iraqi Protesters Chant “America is the Great Satan” On Tense Soleimani Death Anniversary
ZeroHedge - Jan 3rd 2021 8:45am ESTIraqi Protesters Chant “America is the Great Satan” On Tense Soleimani Death Anniversary Mass demonstrations have taken over central Baghdad on Sunday, marking the one-year anniversary of the death of popular Iranian General Qassem Soleimani, killed by US drone strike at Baghdad’s airport on Jan.3, 2020. As Reuters observed, angry Iraq protesters are changing anti-American slogans as they fill up Tahrir […]
The Julian Assange Pardon Drive
ZeroHedge - Jan 3rd 2021 8:10am ESTThe Julian Assange Pardon Drive Authored by Binoy Kampmark via Off-Guardian.org, The odds are stacked against Julian Assange, the WikiLeaks publisher who faces the grimmest of prospects come January 4. On that day, the unsympathetic judicial head of District Judge Vanessa Baraitser will reveal her decision on the Old Bailey proceedings that took place between […]
Where Did That $20 Billion In “Initial Coin Offering” Cash Wind Up?
ZeroHedge - Jan 3rd 2021 7:35am ESTWhere Did That $20 Billion In “Initial Coin Offering” Cash Wind Up? Remember the “initial coin offering”? It seemed like every day at one point over the last couple of years, another one was taking place. In fact, at one point, investors were putting $20 billion in ICOs as a way to try and stake […]
The EU Is At Risk Of Becoming Subservient To China
ZeroHedge - Jan 3rd 2021 7:00am ESTThe EU Is At Risk Of Becoming Subservient To China Authored by Bruce Wilds via Advancing Time blog, The EU is taking the path of strengthening its ties to China in the hope it will spark an economic renaissance. The Euro-Zone was already in deep trouble before CoVid-19 hit. Argue as you may but the bout […]
The Great Reset, Part I: Reduced Expectations And Bio-Techno-Feudalism
ZeroHedge - Jan 2nd 2021 11:30pm ESTThe Great Reset, Part I: Reduced Expectations And Bio-Techno-Feudalism Authored by Michael Rectenwald via The Mises Institute, The Great Reset is on everyone’s mind, whether everyone knows it or not. It is presaged by the measures undertaken by states across the world in response to the covid-19 crisis. (I mean by “crisis” not the so-called […]
Visualizing The US Population By Race
ZeroHedge - Jan 2nd 2021 11:00pm ESTVisualizing The US Population By Race The American population is a unique mosaic of cultures – and almost 40% of people identify as racial or ethnic minorities today. In this treemap, Visual Capitalist’s Iman Ghosh uses data for 2019 from the Kaiser Family Foundation, which bases its analysis on the latest American Community Survey (ACS) data from the […]
Assange Extradition: Legal Teams Likely Informed Already Of Judge’s Decision
ZeroHedge - Jan 2nd 2021 10:30pm ESTAssange Extradition: Legal Teams Likely Informed Already Of Judge’s Decision Authored by Alexander Mercouris via ConsortiumNews.com, In accordance with a British magistrate court’s usual procedure, Julian Assange’s Judgment has almost certainly already been written and sent in draft form to the respective teams of lawyers, probably early on Friday evening. The lawyers therefore already know […]
“We Don’t Need A World Where China Becomes Another US”: Beijing Offers Vision For Restored Sino-US Relations Under Biden
ZeroHedge - Jan 2nd 2021 10:00pm EST“We Don’t Need A World Where China Becomes Another US”: Beijing Offers Vision For Restored Sino-US Relations Under Biden Chinese Foreign Minister Wang Yi issued some blunt statements on the deteriorated state of China-US relations during a recent wide-ranging interview in state media: “We don’t need a world where China becomes another United States. This is neither rational […]