LB#1
Inflation isn’t dead just yet.
Wholesale inflation rises high than expected
LB#2 Early Tuesday morning wildfires in Lahaina Maui have killed over 80 people as many as 1,500 people still missing. 70 mph winds burned through the small town and residents had to jump into the ocean to avoid the quick moving brush fire that destroyed most of the entire town.
Maui Fire kills over 80 people and counting.
LB#3- Sam Bankman Fried is a freed bankman no more. He is going back to jail for witness tampering.
LF #1
There is a 60 day state of emergency in Ecuador. Fernando Villavicencio was killed after he had been threatened by a gang leader affiliated with drug trafficking. President Guillermo Lasso said organized crime was behind the killing.
LF#2
So we did a piece on unintended consequences recently and here is another interesting item regarding EV cars. There is an article about Rivian using a set of tires in just 6,000 miles. I’ve already ready some articles abut how much tire dust, the little particles that fall off tires as they are used, is up tremendously. The
Rivian is burning up a set of tires every 6,000 miles
LF# 3
The Aug 22 Brics Summit in South Africa will have Lula from Brazil, Xi from China, Modi from India while President Putin is expected to attend virtually. The rumor is that this is where the Brics nations will roll out their new currency. It is expected to be linked to gold. The moment that happens, they will have a better money than US dollar which is linked to Congressional spending and basically worth Charmin in comparison. What this does is provide stability in money to half the world’s GDP, half the world’s population, and half the world’s nuclear capability. This will be a seminal moment in world history. I encourage ya’ll to watch.
PM Modi is set to attend Brics Summit
Totally unrelated, Fernando Valenzuela had his number retired by the Los Angeles Dodgers on Friday night. Well deserved amigo.
Until next week, in the words of George Bernard Shaw “Life isn’t about finding yourself. Life is about creating yourself.”
Links to all subject articles are in the show notes or available on our website Cthomasprinter.com. Please read more about these issues there.