Category: Economy

Fmr. Obama Adviser: Greed Isn’t Causing Inflation, Companies Didn’t Only Decide to Maximize Profit Under Biden

Original Article By Ian Hanchett At Breitbart.com:

On Monday’s broadcast of CNBC’s “Last Call,” Professor of the Practice of Economic Policy at Harvard University and the Harvard Kennedy School Jason Furman, who served as Chairman of the Council of Economic Advisers under President Barack Obama and on the Council of Economic Advisers and the National Economic Council under President Bill Clinton dismissed arguments that corporate greed is the cause of inflation and argued that companies always try to maximize their profits and didn’t just start deciding to do so in the past couple years, and the real culprit was demand spiking.

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WEF Brags That Over $100 Billion Was Taken Via Carbon Taxes Last Year

Original Article By TheCounterSignal.com:

The WEF has announced that $104 billion was syphoned out of the pockets of taxpayers globally via carbon taxes last year to pay for environmental schemes.

In an article, the WEF brags that this is a new record and that carbon taxes and emissions trading systems now account for 24% of the world’s emissions, up from 7% in 2013.

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OpenAI CEO Wants UAE Into His Plan For A Global AI Cabal

Original Article By Tobias Mann At TheRegister.com:

OpenAI CEO Sam Altman’s latest stop on his AI emperor roadshow was in the United Arab Emirates, where he floated the idea of a global consortium of governments and private interests to fund, power, and supply the artificial intelligence industry.

Over the past few months Altman has apparently sought billions of dollars from industry giants – including Abu Dhabi-based G42, Japan’s Softbank, Microsoft, and others – to build a network of chip fabs dedicated to making silicon for machine learning.

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Nearly 20% Of San Francisco Homes Are Sold At A LOSS – With The Average Seller Getting $155,500 Less Than They Paid – As Market Crumbles Amid Soaring Crime

Original Article By Tilly Armstrong At DailyMail.co.uk:

Nearly one in five homes sold in San Francisco have sold at a loss in recent months – way above the national rate. 

Murders, robberies, burglaries and widespread public drug use are forcing residents to flee the city – and putting off people from moving to what was once the hottest US property market.

The 17.8 percent of San Franciscans losing money on their home sale in the three months to the end of February is close to the highest level in a decade. And it is four times the national average of 4.3 percent.

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Staggering 19.6 PERCENT Of US Office Space Is Unoccupied – Emptier Than At Any Other Point In Last 40 Years

Original Article By Emma Richter At DailyMail.co.uk:

A staggering 19.6 percent of US office spaces is unoccupied- the emptiest they’ve been in the last 40 years.

The drastic shift has spiked due to impacts from the pandemic, work-from-home lifestyle, years of overbuilding and the office-market decline of the 1980s and 90s, according to The Wall Street Journal.

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ZeroHedge- Democrats Dissent On SEC Spot Bitcoin Approval, Gensler Distances Himself From ‘Terrorist-Financing’ Crypto

Following yesterday’s false start, it appears the SEC has now officially approved a spot Bitcoin ETF… and screwed-up the release AGAIN!

In Jan. 10 letters filed with the SEC, Cboe said it had approved spot BTC ETF offerings from ARK 21Shares, Invesco Galaxy, Fidelity, VanEck, WisdomTree and Franklin Templeton. The deadline for final approval or denial of the spot Bitcoin ETF from ARK 21Shares is Jan. 10, leading to speculation that the SEC may approve multiple offerings from asset managers simultaneously.

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Gary Gensler Reports SEC X Account ‘Compromised’ — No Spot Bitcoin ETF Approval Yet

The United States Securities and Exchange Commission (SEC) has confirmed it has not yet approved the listing and trading of spot Bitcoin exchange-traded products, and that a previous post suggesting so, was false.

On Jan. 9, multiple news outlets published an inaccurate story after the official X (formerly Twitter) account of the SEC posted a tweet claiming that the regulator had approved spot Bitcoin exchange-traded funds for the first time.

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A Wokecession Comes for Hollywood

Dissident Hollywood types are starting to talk about a Wokecession for movie-going. The idea is that Hollywood’s insistence on including left-wing political themes in its films has started to weigh on ticket sales.

Far from a general downturn, October’s figures indicate that Americans pulled back on purchasing the entertainment products pushed by the big corporate entertainment giants.

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‘I Was In Complete Shock’: New Dating Trend Sees Men Asking For Refunds When They Don’t See A ‘Return On Investment’ — How The Rules Of Romance Have Changed Amid High Costs Of Living

A new dating trend has been popping up, where men send money requests to women after they decline a second date. Some even express they’d like their date’s share of the bill back since they didn’t get a return on their “investment.”

A psychotherapist cited by CNBC pointed out that this new trend could be partially due to the skyrocketing cost of living. A first date costs an average of $77 according to LendingTree — a high price to pay in a time of wage stagnation and inflation.

But maybe it’s to be expected — changing economic realities create new rules around money and dating. Here’s what you need to know if you’re still playing the field.

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I'm Nate Houstman

I'm a blogger, podcaster, and web design and business consultant. Economic freedom is my mission, so I talk about money, entrepreneurship, and I expose the corruption in the financial system.

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