The U.S. economy grew by 1.6 percent in this year’s first quarter, adjusted for inflation, the commerce department reported.
AMERICAN DREAM DYING. PLANTATION WORKERS OF SLAVELANDIA TOO POOR TO BUY A HOUSE
The median selling price of a U.S. single-family home has reached $393,500, according to the National Association of Realtors. The U.S. Census Bureau pegs the price at $430,000.
TOP TREND 2024: BANKS GO BUST
Many U.S. regional banks posted steep drops in first-quarter profits and warned that the future looks no brighter.
THE UNITED STATES OF REPLACISM
Cities and towns across America are cutting services to citizens, in order to fund housing, healthcare and other benefits to Illegals, who continue to over-run America’s borders.
NETANYAHU DIRECTS U.S. TO CRACKDOWN ON PEACE PROTESTERS ON COLLEGE CAMPUSES
Israeli Prime Minister Benjamin Netanyahu addressed the American public last week in opposition to the anti-genocide protests that have broken out on college campuses across the U.S., calling these demonstrators “antisemitic mobs” that must be stopped.
NATO RAMPS UP WWIII WITH LARGEST MILITARY EXERCISE SINCE COLD WAR
NATO countries took part in their largest military drill since the Cold War in an effort to show Russia some of its capabilities as leaders prepare for a military confrontation with Moscow.
ECONOMIC UPDATE – MARKET OVERVIEW
So here is the deal, what is going on in the equity markets has nothing to do with the lives of the plantation workers of Slavelandia. The game is rigged by the Robber Barons who control America’s economy... from top to bottom.
Global Economy
SPOTLIGHT: BIGS GETTING BIGGER
Merger and Acquisition took a break when the Federal Reserve and EU began aggressively raising interest rates from their zero and negative levels back in March and July 2022 respectively.
SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE
Profits in China’s industrial sector fell last month on fewer exports and pressures from the country’s ongoing deflationary cycle that did little to spur the consumer economy.
TOP TREND 2023: OFFICE BUILDING BUST
The number of commercial real estate sales in Europe during this year’s first quarter was 26 percent below the same period in 2023, falling to a value of €34.5 billion, the Financial Times reported.
The Israel War
NETANYAHU DIRECTS U.S. TO CRACKDOWN ON PEACE PROTESTERS ON COLLEGE CAMPUSES
Israeli Prime Minister Benjamin Netanyahu addressed the American public last week in opposition to the anti-genocide protests that have broken out on college campuses across the U.S., calling these demonstrators “antisemitic mobs” that must be stopped.
HUMAN RIGHTS GROUP CALLS FOR U.S. TO END WEAPONS SUPPORT FOR ISRAEL AFTER LEAKED STATE DEPARTMENT MEMO
The U.S. should immediately end its weapon support for Israel after reports emerged of a leaked State Department memo that said the agency does not believe Israel when it says it has been in compliance with international law in Gaza, according to DAWN, the human rights group called Democracy for the Arab World Now.
ISRAEL PROVIDES NO EVIDENCE LINKING UNRWA STAFFERS TO TERROR GROUPS
Catherine Colonna, a former French foreign minister, released a report last Monday that—as expected—said Israel did not produce any evidence linking UNRWA staff members to terror groups.
AI
INVESTORS: SHOW US THE MONEY
Share prices for Amazon, Meta, and Microsoft fell last week as investors grow tired of seeing companies pour capital into AI research and development without producing enough revenue yet to justify the expense.
FROM THE “AI BEHAVING BADLY” FILE…
The World Health Organization (WHO) has created an AI to answer basic questions about health and offer advice about such things as healthy eating, mental health concerns, and quitting smoking.
CREATING A “TOXIC AI” TO PREVENT AIs FROM BECOMING TOXIC
AI researchers at the Massachusetts Institute of Technology seem to have been inspired by the idea that “the only thing that stops a bad guy with a gun is a good guy with a gun.”
Hi-Tech Science
CAN “EMOTIONAL RECOGNITION TECHNOLOGY” WORK?
A scattering of computer scientists and psychologists are laboring to enable computers to accurately recognize and respond to human emotions.
EXPECT AN EV BATTERY REVOLUTION BY 2030, WSJ SAYS
By 2030, a new generation of electric vehicle (EV) batteries will mean that “gas vehicles will cost more than their electric equivalents, some EVs will charge as fast as filling up at a gas station, and super-long-range EVs will make the phrase ‘range anxiety’ seem quaint,” Wall Street Journal technology analyst Christopher Mims wrote on 13 April.
TINY IMPLANT UNDER THE SKIN STIMULATES BRAIN IMPROVEMENTS
Zapping specific parts of the brain with tiny electric currents can treat neural and psychiatric conditions such as schizophrenia and Parkinson’s Disease as well as control chronic pain.