China's Slowing Growth Trend
- Parts of the economy are booming: electric vehicles, solar and wind power, and batteries.
Thursday, August 31, 2023
Wednesday, August 30, 2023
- X Plans to Collect User Biometric Data, Job and School
History.👎👎 Musk 👎👎 - X, the social network that used to be known as Twitter, updated its privacy policy to include a new kind of user data it plans to collect: biometric.
- X Twitter this week confirmed it’s lifting its ban on paid political ads.
- Berkshire Bet on Mild Florida Hurricanes This Year. It Might Be Paying Off.
- Bad news is good news. GDP was revised down to 2.1% from 2.4%, while the ADP report showed the fewest job gains in five months – market up.
- The Environmental Protection Agency removed federal protections for a majority of the country's wetlands on Tuesday to comply with a recent U.S. Supreme Court ruling.
Problem
with these notes: some tend to run up against a deeply rooted feature of human
cognition - the desire not to think about anything unpleasant…Sorry about that.
Monday, August 28, 2023
Sunday, August 27, 2023
- Market value of Chinese property giant, Evergrande.
- 2017: $50 billion
- Now: $0.4 billion
- Powell, chairman of the Federal Reserve, cautioned that inflation was still too high and said that America’s central bank would be prepared to raise interest rates again if appropriate”.
- Chinas increasingly worrisome debt dynamics have left it with little choice but to shift away from the current unsustainable growth model.
- Poll: 78% of Respondents want Congress to impose a code of ethics for the U.S. Supreme Court.
Problem
with these notes: some tend to run up against a deeply rooted feature of human
cognition - the desire not to think about anything unpleasant…Sorry about that.
Saturday, August 19, 2023
Judge Luttig: every US official is "obligated" under the 14th Amendment "to determine whether Donald Trump qualifies to be put on the ballot." If a state or local official finds he is disqualified, he says, "it will quickly move to the Supreme Court."
14th sec 3: No person shall be a Senator or Representative in Congress, or elector of President and Vice-President, or hold any office, civil or military, under the United States, or under any State, who, having previously taken an oath, as a member of Congress, or as an officer of the United States, or as a member of any State legislature, or as an executive or judicial officer of any State, to support the Constitution of the United States, shall have engaged in insurrection or rebellion against the same, or given aid or comfort to the enemies thereof. But Congress may by a vote of two-thirds of each House, remove such disability.
- China began military exercises in the seas and skies around Taiwan as a stern warning to separatists and foreign forces”.
- Confidence in the world’s second-largest economy (China) is slumping as authorities frantically step-up efforts to bolster financial markets.
- Japan’s overall economy, expanded 5.3% in the past decade, far less than the U.S.’s 23% growth and mainland China’s 83%.
- At a summit hosted by President Joe Biden at Camp David, America, Japan, and South Korea agreed to step up military co-operation.
- A state of emergency was declared in British Columbia, Canada, where a wildfire has forced the evacuation of more than 5,000 people. A separate blaze in the neighboring Northwest Territories has displaced some 22,000.
- Musk seems determined to make X (Twitter) the least safe and least equitable social media platform. He had a few decent ideas, (along with Gov. subsidies) and he thinks that means he now has an endless supply of them. Reality has shown that he does not.
- US Savings rate:
- Problem with these notes: some tend to run up against a deeply rooted feature of human cognition - the desire not to think about anything unpleasant…Sorry about that.
Friday, August 11, 2023
Notes Today:
- University of West Virginia trustees are eliminating foreign languages, 20 graduate programs, and much more, going in exactly the wrong direction in our increasingly complex world.
- The crypto dude Sam Bankman-Fried is going to jail for witness tampering.
- The average monthly payment for a new car in the US hit a record $736 last month - up 28% over the last 3 years.
- New car loan rates went from 4% to 8% while used car loan rates are at 12%+.
- The average weight of a new vehicle sold in the US last year was a whopping 4,329 pounds.
- That’s over 1,000 pounds higher than the average in 1980
- Chinese-owned Smithfield is PERMANENTLY closing 39 hog farms in Missouri.
- The world’s largest agriculture producers are pushing back against new EU rules that require proof that crops weren’t grown on deforested land, which producers say will add to the cost of making food.
- DeSantis’s Florida approves Climate-Denial videos in schools
- Berkshire Hathaway is posting new all-time high.
- Texas Gov Abbott has installed circular saws between the Rio Grande border buoys to maim or kill anyone who attempts to climb over. Two bodies have already been found trapped in the floating barrier. (@LaikenJordahl )
- Can you run for president while in prison? Yep.
- By analyzing how people moved while wearing virtual reality headsets, researchers said, a machine learning model accurately predicted their height, weight, age, marital status and more the majority of the time. The work exposes how artificial intelligence could be used to guess personal data, without users having to directly reveal it.
Problem
with these notes: some tend to run up against a deeply rooted feature of human
cognition - the desire not to think about anything unpleasant…Sorry about that.
Subscribe to:
Posts (Atom)