Global Intelligence
Financial System
From ZH It was supposed to be the biggest threat to the reserve status of the dollar (China’s denial that it has no desire to replace the USD with the digital yuan only confirms it) since the failed experiment that is the “whatever it takes” euro, but instead it is turning out to be one giant yawn. […]
Continue Reading
From ZH Earlier, we noted how French officials are planning to sabotage talks between the UK and the EU about expanding access to EU financial markets. At this point, even if Britain does manage to make progress with the EU in a meeting later this month, at this point, the transfer of top talent from the City […]
Continue Reading
From ZH With “base effect” all the rage this month, moments ago we also got the 1-year anniversary of the Covid crash in the US budget deficit dataset when the Treasury reported the April government revenue and spending. And while the data in isolation wasn’t pretty, it was absolutely stellar compared to last April’s blowout […]
Continue Reading
From ZH Inflation has arrived, evident by the 4.2% gain in the consumer price index over the past twelve months. But the most significant increase since 2008 still is not fully capturing “experienced” inflation since it is missing the rise in housing inflation. The Bureau of Labor Statistics reported that April consumer prices rose 0.8% from […]
Continue Reading
From ZH In case we needed more proof that the US labor market is in a supply-demand mismatch crisis, a few hours after the latest NFIB showed that it has never been more difficult for small business to fill job openings, moments ago the BLS confirmed what we expected: that the number of job openings […]
Continue Reading
from ZH The White House published a fact sheet on its response to the Colonial Pipeline hack: The recent cyberattack targeting the Colonial Pipeline has triggered a comprehensive federal response focused on securing critical energy supply chains. President Biden is receiving regular briefings on the incident and has directed agencies across the Federal Government to […]
Continue Reading
From ZH Almost a decade ago, we explained that America had become a bizarre kind of welfare state where, due to the premeditated vagaries of the tax code, hard work was punished. As a reminder, back in 2012 we showed that it was increasingly lucrative – in the form of actual disposable income – to do the bare […]
Continue Reading
From ZH Did you know that the price of corn has risen 142 percent in the last 12 months? Of course corn is used in hundreds of different products we buy at the grocery store, and so everyone is going to feel the pain of this price increase. But it isn’t just the price of […]
Continue Reading
From Ecotextile Top German scientists have found that wearing certain types of face masks for long periods of time could result in potentially hazardous chemicals and harmful microplastics being inhaled deep into human lungs. Professor Michael Braungart, director at the Hamburg Environmental Institute and co-founder of the world-renowned Cradle to Cradle environmental standard has told Ecotextile […]
Continue Reading
From DS If you wanted to grow up to be a mass murderer, destroyer of health and happiness, if you wanted to inflict maximum harm on the entire human race, what profession would you choose? Besides being a CEO of a big pharmaceutical company like Pfizer or a maniac like Gates, the perfect job description […]
Continue ReadingFollow GIH and get free updates on Global Intelligence, Analysis, and more.