*The EU’s landmark carbon border tax will come into force on January 1 despite fierce opposition from trading partners and warnings from European industry that it will increase costs and red tape.
The carbon border adjustment mechanism (CBAM), which covers six sectors including steel, cement, aluminium and electricity, is intended to prevent EU companies that have to pay for their emissions being undercut by cheaper, more heavily polluting competition.*
*The Great Recession cost America the value of two years of economic output, known as Gross Domestic Product, according to Prof. Alexander J, Field of Santa Clara University’s business school....
Ponder Prof. Field’s assessment for a moment – two years of all the economic activity of economic everyone in America down the drain, tens of millions of people wiped out financially with many yet to recoup, while instead of being prosecuted, or at least fired, the top bankers remain in power, their gigantic pay packages growing larger each year.
Henry calls these cash infusions “bankster socialism.” Henry is referring to the de facto policy of letting banks reap outsized profits when their speculative bets win big and shoving the losses onto the rest of us when they sour.*
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*JPMorgan Chase & Co. ...is of particular concern because in mandatory disclosures... the company revealed it is on the hook to deliver more than 5,900 tons of silver it doesn’t have. Tradeable silver is relatively scarce right now, government data shows.*
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Give them bread and circuses....
*This wasn't about protecting animals. It was about controlling protein access. A population fed on grain is weaker, more compliant, easier to manage.*
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*There's no good reason to have all the major apps work the same on that, it just makes nostr easier for the authorities to manipulate*
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*Despite the three leavers, Stone Ridge got something very important, very right at firm inception: no HR. No HR is the gift that keeps on giving because the very best people are repelled by those addicted to comfort. When new folks arrive at Stone Ridge and realize we have no HR, a lens cap lifts off their consciousness. Surrounded by elite intellectual athletes, they immediately begin their training to be one, feeling compelled to do remarkable things, utterly untethered to what they previously thought possible. We teach them business physics, but also to feel bound by nothing. I would not dare limit their leaps even one inch with even one minute of an infantilizing HR training session.*
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