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Economy

“Used EV price crash keeps getting deeper with ‘premium’ brand idea history”

“…The decline has been dramatic over the past year. In June 2023, average used EV prices were over 25% higher than used gas car prices, but by May, used EVs were on average 8% lower than the average price for a used… Continue Reading…

Economy

“‘Social Order Could Collapse’ in AI Era, Two Top Japan Companies Say”

“TOKYO—Japan’s largest telecommunications company and the country’s biggest newspaper called for speedy legislation to restrain generative artificial intelligence, saying democracy and social order could collapse if AI is left unchecked. Nippon Telegraph and Telephone, or NTT, and Yomiuri Shimbun Group… Continue Reading…

Economy

Higher Prices Incoming: Supply Chain Disruptions Due To Baltimore Francis Scott Key Bridge Collapse

“…The Port of Baltimore processed a record 1.1 million containers of cargo in 2023, according to state data. That made it the ninth-busiest port in the nation based on U.S. trade volume, wrote Ryan Petersen, chief executive of Flexport, a supply chain… Continue Reading…

Economy

“Biden okays $60 million in aid after Baltimore bridge collapse as governor warns of ‘very long road ahead’”

“Maryland Gov. Wes Moore warned Thursday of a “very long road ahead” to recover from the loss of Baltimore’s Francis Scott Key Bridge as the Biden administration approved $60 million in immediate federal aid after the deadly collapse… The sudden… Continue Reading…

Economy

“Logistics companies scramble after bridge collapse closes Port of Baltimore until further notice”

“Logistics companies up and down the East Coast were urgently relaying messages back and forth to clients Tuesday on the status of their imports and exports after the Port of Baltimore was shut down in response to the collapse of the city’s… Continue Reading…

Economy

[U.S.] “…Francis Scott Key Bridge collapse ‘will spark US food & car supply [chain] issues…’” [Increased Prices]

“THE… bridge collapse in Maryland will result in widespread disruption to trade but Americans are set to avoid a return to the supply chain chaos seen during the Covid-19 crisis, experts have said. Shipping has been suspended at the Port… Continue Reading…

Economy

KIRK ELLIOTT SOUNDS ALARM ON IMPENDING FINANCIAL COLLAPSE – [CLICK HERE TO WATCH] ALEX JONES SHOW [3 OF 4] TUESDAY 3/5/24

Here is the video: https://www.bitchute.com/video/YrJjgbKj22Nr/ It seems there was a error playing the video. Don’t worry I’ll post a direct link instead.

Banking, Business

“SoftBank Plunges After Vision Fund Loss and WeWork Collapse”

” SoftBank Group Corp.’s shares tumbled after its flagship Vision Fund reported another loss with the drop in valuations at WeWork Inc. and other portfolio companies on top of foreign exchange losses. Shares fell as much as 9.3% on Friday, the… Continue Reading…

Economy, Real Estate

“Evergrande [Chinese Real Estate] Investors Warn of ‘Uncontrollable Collapse’”

https://finance.yahoo.com/m/4860dae8-ef14-316e-b390-86f867d5e267/evergrande-investors-warn-of.html The article is behind a paywall so I’ll just comment on the subject. Pretty much all of the real estate in China is in trouble. Many of the major real estate companies were selling houses before they were build… Continue Reading…