ELIZA BLEU AND THE PERPETUAL TRAUMA MACHINE—PART 2

Ferrari Fever Hits Samsung, SK Hynix Workers As AI Memory Boom Mints New Wealth The global memory boom, with Samsung at the epicenter of the production ecosystem, appears to be generating a sudden wealth effect among some employees, with local media reporting that newly enriched chip workers are now panic-buying luxury sports cars.  A short clip from MBC News, the news division of Munhwa Broadcasting Corporation and one of South Korea's top national TV and radio broadcasters, featured at least one exotic car dealership reporting a sharp uptick in Samsung Electronics...

Since Lockdowns, A 12% GDP Loss; Half Of US Dollar Purchasing Power Stolen Authored by Jeffrey Tucker via The Brownstone Institute, Many of us have had the intuition that the economic damage from 2020 – including industrial stoppages, monetary printing, supply-chain disruptions, extended school closures, and general population demoralization – was in fact far greater than official statistics indicate.  What follows will shore up this intuition, using new techniques and numbers from an innovative project called RealityIndex.co.  It’s true that official data is bad enough, showing a 26% loss in purchasing power, slow growth...

President Donald Trump announced the US and Iran may resume talks in Pakistan in the next two days. Islamabad is attempting to broker an agreement between Washington and Tehran to end the war in the Middle East.  On Tuesday, Trump told The New York Post that talks with Iran “could be happening over next two […]