A Record 34% Of All Household Income In The US Now Comes From The Government

Following today's release of the latest Personal Income and Spending data, Wall Street was predictably focused on the changes in these two key series, which showed a jump in personal spending, offset by a record surge in ...

https://www.zerohedge.com/economics/record-34-all-household-income-us-now-comes-government

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"Our Warplanes Can Reach Iran": Israeli Intelligence Minister Vows War If "Bad Deal" Reached In Vienna

A topIsraeli intelligence officialhas warned that if the end result of the Vienna talks is a return to the JCPOA nuclear deal, then war between Iran and Israeli will very likely follow.

...

https://www.zerohedge.com/geopolitical/our-warplanes-can-reach-iran-israeli-intelligence-minister-vows-war-if-bad-deal

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Majority Of US Companies Will Require Workers To Provide Proof Of Vaccination

It looks like American colleges won't be alone in making vaccination mandatory for any students who want to return to campus next semester. Despite the White House's determination that vaccination shouldn't be mandatory ...

https://www.zerohedge.com/markets/majority-us-companies-will-require-workers-provide-proof-vaccination

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US Intelligence Tells CongressChina's Nuclear Arsenal "On Track To Exceed Our Previous Projection"

A hearing held by the Senate Armed Services Committee this week on the range of threats the United States faces globally focused on China and Chinese leadership viewing US power as "declining" while ...

https://www.zerohedge.com/geopolitical/us-intelligence-tells-congress-chinas-nuclear-arsenal-track-exceed-our-previous

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US Already Planning How To "Choke" Chinese Submarines In Case Of Conflict

A hugely significant weakness and set-back for the Chinese Navy and particularly its submarine capability was featured inrecent Nikkei analysis, which found that its coastal system already has geography working against it, ...

https://www.zerohedge.com/geopolitical/submarine-chokepoint-control-chinas-coast-puts-us-allies-huge-advantage

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Chelsea Clinton Calls For Global Crackdown On "Anti-Vax" Social Media Posts

Speaking at a Vatican-organized conference meant to promote "open dialogue", Chelsea Clinton called for a global effort to crack down on all "anti-vax" social media posts, or anything that's 'skeptical' of the official ...

https://www.zerohedge.com/political/chelsea-clinton-calls-global-crackdown-anti-vax-social-media-posts

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US Navy Seizes Massive Weapon Shipment From Stateless Vessel In Arabian Sea

The guided-missile cruiserUSS Monterey(CG 61) seized a massive shipment of illicit weapons last week that was being transited through international waters of the North Arabian Sea, according to theUS Navy.

A Sikorsky SH-...

https://www.zerohedge.com/geopolitical/us-navy-seizes-weapon-shipment-stateless-vessel-arabian-sea

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China Enforces New Boundary With Nepal At Summit Of Everest To Keep Infected Climbers Out

In the latest sign that Beijing is warily eyeing the outbreak in India as it spills over its borders into neighboring Nepal, China has set up a "line of separation" at the summit of Mount Everest to prevent ...

https://www.zerohedge.com/covid-19/china-enforces-new-boundary-nepal-summit-everest-keep-infected-climbers-out

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UK Rail Disruption Caused By Train Cracks Expected To Last for Weeks

Authored by Alexander Zhang via The Epoch Times,

The ongoing disruption to Britains rail services, which were caused by problems found in Hitachis high-speed trains, is expected to continue for weeks.

Rail companies said over ...

https://www.zerohedge.com/markets/uk-rail-disruption-caused-train-cracks-expected-last-weeks

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EU Urges US To Ramp Up COVID Vaccine Exports As Desperate Nations Turn To China

In the latest edition of his substack newsletter "BIG, Matt Stoller tackled the Biden Administration's decision to back a proposal at the WTO to waive IP protections for COVID-19 vaccines produced by Moderna, BioNTech...

https://www.zerohedge.com/covid-19/eu-urges-us-ramp-vaccine-exports-world-turns-china

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Rabo: "Transitory" Inflation Today; Price Controls And Rationing Tomorrow?

By Michael Every of Rabobank

Pricing and Poetic Justice

With global cargo routes log-jammed; a key US oil pipeline still shutdown, leading to another backlog of ships idling off-shore; log-jammed cargo ships off the ...

https://www.zerohedge.com/markets/rabo-transitory-inflation-today-price-controls-rationing-and-industrial-policy-tomorrow

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Jim Grant: The Fed Can't Control Inflation

Via SchiffGold.com,

Federal Reserve Chairman Jerome Powell insists inflation is transitory. As prices have spiked throughout the economy,Powells messaginghas essentially been, Move along. Nothing to see here.

Peter Schiff has been saying the central ...

https://www.zerohedge.com/economics/jim-grant-fed-cant-control-inflation

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Billionaire Alan Howard Returns Money From Secretive Hedge Fund After Record Run

Just weeks after Brevan Howard last made the headlines on reports that it was buying bitcoin as a hedge against de-dollarization, the firm's billionaire co-founder Alan Howard has reportedly started returning assets ...

https://www.zerohedge.com/markets/billionaire-alan-howard-returns-money-secretive-hedge-fund-after-reporting-record-gains

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Biden Plan To Recover $700 Billion Through IRS Audits Is Unrealistic: Former Officials

The Biden administration's plan to count on $700 billion over the next decade from enhanced IRS audits of the wealthy and corporations - a major source of funding for his economic agenda - is wishful thinking, ...

https://www.zerohedge.com/political/biden-plan-recover-700-billion-through-irs-audits-unrealistic-former-officials

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So It Looks Like Nationalizing Student Loans Has Simply Turned Into One Giant Ponzi Scheme

We've all known that nationalizing student loan debt would turn out to be a terrible decision (just as it is when the government nationalizes any industry). We have been saying it on this site for years: it ...

https://www.zerohedge.com/markets/so-it-looks-nationalizing-student-loans-has-simply-turned-one-giant-ponzi-scheme

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China Pollutes More Than US And All Developed Countries Combined: Report

China's 2019 greenhouse gas emissions exceeded those of the United States and the rest of the developed world combined, according to CNBC, citing a Thursday report by the Rhodium Group - a New York-based advisory group founded...

https://www.zerohedge.com/political/china-pollutes-more-us-and-all-developed-countries-combined-report

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Atlas Is Shrugging: Forget 'The Great Reset', Here Comes 'The Great Reject'

Authored by Mark Jeftovic via BombThrower.com,

The Jackpot Chronicles Scenario #4: Atlas Shrugged

Never mind The Great Reset. Here comes The Great Reject.

It occurred to me that I never did finish the final instalment ...

https://www.zerohedge.com/crypto/atlas-shrugging-forget-great-reset-here-comes-great-reject

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Slap On The Wrist: Honeywell Fined For Sharing F-35, Other Secrets To China

Via South Front,

On May 5th, the US State Departmentannouncedthat it had reached a $13 million settlement with defense contractor Honeywell.

The settlement is over allegations it exported technical drawings of parts for ...

https://www.zerohedge.com/geopolitical/slap-wrist-honeywell-fined-sharing-f-35-other-secrets-china

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Space Force Chief Scientist Says Developing Augmented 'Super Soldiers' Is "Imperative"

Authored by Dave DeCamp via AntiWar.com,

The top scientist in the US Space Force said last week thathuman augmentation should be embracedand that it is "imperative"for the US military to start working on such ...

https://www.zerohedge.com/technology/space-force-chief-scientist-says-developing-augmented-super-soldiers-imperative

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Egypt Prepares To Unveil New 'Octagon'Defense Headquarters

Via AlMasdarNews.com,

Egyptian military sources reportedly toldRT Arabicthis week that Egypt is preparing to open the new headquarters of its armed forces.

The headquarters of the new Egyptian army, dubbed "the Octagon", was designed to ...

https://www.zerohedge.com/geopolitical/egypt-prepares-unveil-new-octagon-defense-headquarters

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The Energy Crisis That No One Is Talking About

Authored by Gail Tverberg via Our Finite World blog,

We live in a world where words are very carefully chosen. Companies hire public relations firms to give just the right spin to what they are saying. Politicians make statements which suggest that ...

https://www.zerohedge.com/energy/energy-crisis-no-one-talking-about

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The Inflation Monster Has Been Unleashed

Authored by Bruce Wilds via Advancing Time blog,

The monster known as inflation has been unleashed upon the world and will not easily retreat into the night. This is reflected in soaring commodity and housing prices. Due to the stupid and self-serving ...

https://www.zerohedge.com/personal-finance/inflation-monster-has-been-unleashed

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$170,000 Per Year: The Post-COVID Hiring Crunch Is Hitting The World Of AI Data Scientists

We already know that minimum wage payers are having trouble recalling workers for their post-Covid plans. And why wouldn't they? Laid off workers have been making more on unemployment and PPP loans over the ...

https://www.zerohedge.com/markets/post-covid-hiring-crunch-hitting-world-ai-data-scientists

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Uneven Recovery Leaves Working-Poor Communities In The Dust

The US economy is fragmented more than ever. Millions of Americans continue to suffer job loss and housing and food inequities. At the same time, 650 billionaires in the US saw their net worth increase by more than $1 trillion since the ...

https://www.zerohedge.com/personal-finance/uneven-recovery-leaves-some-communities-behind

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Ranking US Generations On Their Power And Influence Over Society

Were on the cusp of one of the most impactful generational shifts in history.

As it stands, the Baby Boomers (born 1946-1964) are Americas most wealthy and influential generation. But, as Visual Capitalist's Carmen Ang details below...

https://www.zerohedge.com/political/ranking-us-generations-their-power-and-influence-over-society

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Antony Blinken Continues To Lecture The World on Values His Administration Aggressively Violates: Greenwald

Authored by Glenn Greenwald via greenwald.substack.com,

Continuing his world tour doling out righteous lectures to the world, U.S. Secretary of State Antony Blinken on Thursday proclaimed ...

https://www.zerohedge.com/political/antony-blinken-continues-lecture-world-values-his-administration-aggressively-violates

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Fauci: "Possible" That Mask Mandates Could Last Indefinitely To Fight Flu

Authored by Paul Joseph Watson via Summit News,

Anthony Fauci told NBCs Chuck Todd that its possible mask mandates could continue indefinitely in order to reduce seasonal flu infections.

During his appearance on Meet The ...

https://www.zerohedge.com/medical/fauci-possible-mask-mandates-could-last-indefinitely-fight-flu

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Jessica Alba's Honest Co. Has Crashed 30% Since Its IPO 3 Days Ago

From its highs at $23.88 on its IPO day, Jessica Alba's Honest Co. has plunged over 30% to $16.52 this morning...

On Wednesday, everyone was excited as the stock which IPO'd at $16, surged over 40% to its highs (after opening at $...

https://www.zerohedge.com/markets/jessica-albas-honest-co-has-crashed-30-its-ipo-3-days-ago

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"Terrible Message" - Bernie Blasts Top Democrats' Call To Remove Cap On SALT Deduction For The Rich

Authored by Zachary Stieber via The Epoch Times,

Sen.Bernie Sanders(I-Vt.) has come out in opposition to an effort by topDemocratsto remove caps from SALT, a tax deduction that primarily benefits ...

https://www.zerohedge.com/political/terrible-message-bernie-blasts-top-democrats-call-remove-cap-salt-deduction-rich

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The Problem Of Pulling Forward Sales & Revenue

Authored by Lance Roberts via RealInvestmentAdvice.com,

There is a problem of pulling forward sales and revenue when it comes to future outcomes.

Currently, analysts are incredibly exuberant about earnings for the S&P 500 index. In just the last ...

https://www.zerohedge.com/markets/problem-pulling-forward-sales-revenue

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