We know what’s coming and we are prepared.
Beijing's Green Light | zerohedge
⬛️ "China stimulus is coming"
🔶 After repeatedly teasing the idea of incoming stimulus several times last year, getting investors' hopes up only to scale it back and disappoint, recent memos from State officials give China's stimulus plans a precise framework they are looking to deliver on. Officials indicated they are waiting to launch the long-awaited "stimulus bazooka" once improving Chinese economic data is met with deteriorating US data.
🔶 This is a historically unusual combination, as global financial flows tend to move in sync (booms and busts are global). Never before has the US entered into a downturn without China. It suggests that Beijing is waiting for signs that the Mainland economy has decoupled before deploying roaring stimulus.
🔶 Finance Minister Lan Fuan points to the fact that Chinese strength relative to US weakness would necessarily attract new foreign direct investment (FDI). Positive real GDP and new FDI coupled with massive consumption stimulus is the path China seeks out of the stubborn economic malaise it has faced since Covid.
🔶 The Chinese State Council released a better-than-expected Q1 GDP report this week, and US GDP looks to decline in Q1. That's the exact divergence Chinese officials have been waiting for to greenlight massive stimulus.
🔶 Chinese stimulus will mean inflation (rising wages, growth and improved employment) and higher bond yields. China's lenders will be in a stronger position and credit spreads will lower. Chinese equities, specifically in sectors whose performance is tied to domestic demand, will also benefit. Demand for industrial commodities - in particular oil, copper and other metals - will increase.
🔶 Western officials continue to talk up looming delisting threats and investment bans, but both look to be far off as reciprocal investment bans from China could collapse the private sector and disturb the Treasury market in ways that would make the recent stress look like a walk in the park.
By DeathTaxesandQE
“Why is this country trying to kill us?”
Major toilet paper brands in America have been found to contain forever chemicals. PFAS cause cancer, hormone disruption and more
Major brands include
- Bounty
- Charmin Ultra Soft Toilet Paper
- Cottonelle
- Quilted Northern
- Scott
- Kirkland Signature (Costco brand)
- Seventh Generation 100% Recycled Bath Tissue
- Tushy Bamboo Toilet Paper
- Who Gives a Crap Bamboo Toilet Paper
- Angel Soft
21 in brands total were found to contain forever chemicals. It should be illegal
Subscribe and share 👉 @StormIsUponUsJM
🇿🇦 Police airlift a crocodile with the body of a 59-year-old businessman inside.
Local police in #SouthAfrica say they suspected the crocodile ate the man after observing it from drones. They then shot it and airlifted it off. When they landed back on the ground, the crocodile was sliced open, and human remains were found.
The remains are believed to be those of 59-year-old Gabriel Batista, who had previously been swept away in raging floodwaters. His ring was found inside the animal along with six other pairs of shoes.
Follow us -> LiveLeak
Illinois: Video Shows Palestinian Police Officer Urging Arabs to Flood U.S. Police Departments
A Palestinian police officer in Bridgeview, Illinois is urging the Arab community to flood U.S. police departments in huge numbers. His blunt message “the more the merrier” has now sparked major controversy.
Read the full story here: https://lawenforcementtoday.com/illinoisvideoshowspalestinianpoliceofficerurgingarabstoflooduspolicedepartments
@police_frequency
📢 🇺🇸 🚷 Congressman Andy Ogles on X:
Excited to announce that my 83-page ASSIMILATION Act has been introduced.
Months of labor were undertaken by my staff, Senator Tuberville and myself in order to GUT the Hart-Celler Act of 1965, as well as scrap provisions of the Immigration Act of the 1990s.
The goal of this bill is simple: end replacement migration and ensure American cultural cohesion.
This bill will end the H-1B scam, ensure migrants NEVER become a public charge, and make America look like America again. FYI, net immigration immediately decreases by 85% under this bill.
Some other things it does:
• National Interest Standard
• Stringent Character Tests
• Mandatory E-Verify
• Ends Chain Migration
• Ends Diversity Lottery
• GUTS Birthright Citizenship
• WAY Tougher Asylum Standards
• Stronger Public Charge Rules
• 10 Year Citizenship Requirement
• English & American Civics PROFICIENCY
📎 Rep. Andy Ogles
BREAKING: US data center construction spending jumped +34% YoY in March, to a record $50 billion annualized rate.
Spending on data centers is up +437% since the beginning of 2021, when the annualized rate stood at ~$9 billion.
This is also up +688% since the start of 2018, when the annualized rate was just ~$6 billion.
Meanwhile, office building construction spending fell -9% YoY in March, to $46 billion, the lowest since 2015.
This means that spending on data centers now exceeds office building construction by $4 billion, or +9%.
To put this into perspective, office construction spending exceeded data center spending by $65 billion, or +650%, in 2020.
AI is fundamentally transforming the US economy.
(@TheKobeissiLetter)
