We are discussing the hot news about the bank run of Silicon Valley Bank and also touching upon Silvergate and Credit Suisse. “I do not think you can trust bankers to control themselves. They are like heroin addicts.” Charlie Munger, vice chairman of Berkshire Hathaway First, what we had written originally for our March 5 …
Heavy content this week: China: capital restrictions, and Musk’s tweet on Covid origination in Wuhan laboratory Russia: foreign minister Lavrov laughed at the US: selling Taiwan arms worth of $619 million, and one needs to keep an eye on for a potential flooding in California Big theme: an important card Russia and China have: fertilizers …
We are reviewing the $1.7 trillion US government spending bill which is 4000 pages – designed carefully not to be read- ! It was passed in December 2022. We wanted to make sure you don’t quickly forget about it – because it is a gigantic foolish spending with YOUR taxpayer dollars. $153.8 billion on food …
One year of Russia-Ukraine War: Who is working for peace and who for propaganda, hotter than forecast PCE, American Car Center ceasing its operations, naval exercises of South Africa and Russia, elections in Nigeria, and euro area inflation down to 8.6% in January from 9.2% in December. Biden’s Ukraine Visit Hotter than expected PCE American …
We think that the tensions between the world powers are escalating and that we should be cautious. We remember that the mother nature should not be underestimated and that we need to be prepared. We also give you a feel-good story this week to make you smile in the midst of all the negativity. Because …
Brookfield DTLA Office REIT defaults on office tower loans Lebanese Protesters Start Fire Outside of the House of the chairman at the Association of Banks in Lebanon Producer Price Index January Why did Scotland’s first minister resign? XFL, USFL to dump what they call the worst rule in football Fed rate hikes are suicide says …
We continue digging into the material challenges around the so-called green revolution, and saying the unsayable. Last week we discussed a climate advocacy research article and study, and we can only hold them to be incompetent in their estimates which are to be expected considering they have no experience in the mineral extraction industry, but …
The devastating earthquake in Turkey and Syria, who actually blew up the Nordstream pipeline, Moldova president resigning, UFOs being shot down in the US and Canada, protests about public healthcare in Spain, steep rent increases in Florida. Let’s look backward to be able to look forward. Turkish Earthquake – Anger grows Turkish Earthquake – Investigation …
“The amount of copper required between 2022 and 2050 is more than all the copper consumed in the world between 1900 and 2021.” S&P Global “Someone must say the unsayable. None of these men have the guts” Margaret Thatcher This week we are digging into the material challenges around the so-called green revolution, and saying …
This week we look into the Turkish Earthquake, fraud in India, and the popular Chinese balloon and is that balloon a response to US military exercise with North Korea or the expansion of the US military presence in the Philippines. As usual, we took a quick peek at the US economy and discussed last Friday’s …