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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Wal-Mart, Sysco Fine Suppliers As Labor Shortages Cause Surge In Late Orders

From the gas pump to the grocery aisle, Americans have been suffering from "sticker shock" for the first time in years. While the Fed continues to insist that inflationary pressures will be "transitory", sell-side banks ...

https://www.zerohedge.com/economics/wal-mart-sysco-fines-suppliers-labor-shortages-cause-surge-late-orders

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Johns Hopkins Doctor Dismisses Walensky Fear-Mongering: "Most Of The Country Is At Herd Immunity"

Authored by Scott Morefield via Townhall.com,

Dr. Marty Makary, a surgeon at Johns Hopkins Hospital, disputed CDC Director Dr. Rochelle Walensky's contention that COVID-19 variants could set back the...

https://www.zerohedge.com/political/johns-hopkins-doctor-dismisses-walensky-fear-mongering-most-country-herd-immunity

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The Blockchain And The Future Of Everything

Authored by Ethan Yang via The American Institute for Economic Progress,

Writing, money, and ledgers, are the three basic building blocks that allowed humanity to progress past the days of foraging for berries and hunting wild game to the advanced ...

https://www.zerohedge.com/technology/blockchain-and-future-everything

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Screw Lumber, Just 3D-Print Your Next Home

With lumber prices up 67% since the start of this year and up 340% from a year ago, according to Random Lengths, a wood products industry tracking firm, adding tens of thousands of dollars to new residential builds, there is a viable new option to ...

https://www.zerohedge.com/technology/screw-lumber-just-3d-print-your-next-home

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Demand For Ass Implants Booms During Pandemic

In the early days of the virus pandemic, things didn't look so hot for the field of plastic survey. Hospitals were overrun with COVID-19 infections and banned all elective procedures, limiting plastic surgeries. But sometime after, when the economy ...

https://www.zerohedge.com/medical/demand-ass-implants-booms-during-pandemic

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Dream Chaser Spaceplane Cleared To Resupply Space Station

The Dream Chaser spaceplaneenteredinto a Use Agreement for Space Florida's Launch and Landing Facility (LLF) to land after resupply missions to the International Space Station (ISS) in 2022.

The uncrewed, robotic spaceplane will be ...

https://www.zerohedge.com/technology/dream-chaser-spaceplane-cleared-resupply-space-station

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ARKegos: Cathie Wood Admits Bill Hwang Seeded Her ETFs, As Questions Swirl About Trade Similarities

Just hours after we wrote an article titled "ARKchegos Looming" on Thursday, which compared ARK Invest's Cathie Wood to Bill Hwang and started to ask some critical, pointed questions about how many ...

https://www.zerohedge.com/markets/weekend-wood-ark-founder-admits-bill-hwang-seeded-her-etfs-says-she-likes-setup-flagship

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Ethereum Soars To Record High Above $3,800 As JPMorgan Lays Out 6 Reasons Why Explosive Move Will Continue

Back on April 25, we quoted a prominent billionaire VC who said that "Ethereum is the world's most interesting trade right now" and we predicted that "Ethereum Is About To Make An Epic ...

https://www.zerohedge.com/markets/ethereum-soars-record-high-above-3800-jpmorgan-lays-out-6-reasons-why-explosive-move-will

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Hedge Funds Are The 'Most Short' Junk Debt Since Lehman

A month ago we warned that The Fed's incessant intervention had put distressed investors out of business as the remarkable rally in even the lowest quality junk debt ('CCC or triple hooks') had created party time for zombie companies ...

https://www.zerohedge.com/markets/hedge-funds-are-most-short-junk-debt-lehman

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US Troops Accused Of Pillaging Syrian Grain Silos As Russia Warns Of IncreasedOccupation

Syrian and Russian state sources are reporting late this week that Russia's Defense Ministry is expressing anger over what it described as noticeablyincreased American military activity in Syria's northeast ...

https://www.zerohedge.com/geopolitical/us-troops-accused-pillaging-syrian-grain-silos-russia-warns-increased-occupation

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Beijing's Elusive Bid For Pricing Power On Rare Earths

Authored by Damien Ma via MacroPolo.org,

Fromventilatorand chip shortages to what kind of ships traverses through which canals, the linkages and nodes ofthe global economy have rarely been in the spotlight as much as they have over the ...

https://www.zerohedge.com/technology/beijings-elusive-bid-pricing-power-rare-earths

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Turn Over Routers Or Face Subpoenas, Arizona Lawmakers Tell Maricopa County

Submitted by Zachary Stieber

Votes are counted by staff at the Maricopa County Elections Department office in Phoenix, Ariz., on Nov. 5, 2020.

Legislators in Arizona and officials in the states largest county clashed ...

https://www.zerohedge.com/political/turn-over-routers-or-face-subpoenas-arizona-lawmakers-tell-maricopa-county

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JPM: Biden's Infra Bill Faces Enough Dem Opposition That It Will Be Materially Lower Than $4 Trillion

After weeks of bombastic announcements by the Biden administration, which included an utterly unprecedented $6trln in new federal spending split between The American Families Plan, American Jobs ...

https://www.zerohedge.com/markets/jpm-bidens-infra-bill-faces-enough-dem-opposition-it-will-be-materially-lower-4-trillion

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Here Are The Best Performing Assets In April And YTD

April was another solid month for financial markets, with 31 of the 38 non-currency assets in Deutsche Bank's main sample gaining ground (alas, unlike Goldman, DB refuses to include cryptos to the main sample of assets it tracks).

As DB's Henry...

https://www.zerohedge.com/markets/here-are-best-performing-assets-april-and-ytd

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Vaccine Passports Are Coming To Sports Venues

Vaccine passports (or passes or certificates) are being deployed at over 60 US stadiums and other venues this summer to get the economy "back to normal," according toReuters.

Major League Baseball's San Francisco Giants and New York Mets are some of ...

https://www.zerohedge.com/covid-19/vaccine-passports-coming-sports-venues

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Peruvian Presidential Front-Runner Says He'll Seize 70% Of Profits From Overseas Businesses

In a model that is surely going to soon be adopted and pushed by AOC and other deep thinkers on the left in the U.S., Peru's presidential front-runner Pedro Castillo has come out and said he would "seize ...

https://www.zerohedge.com/markets/peruvian-presidential-front-runner-says-hell-seize-70-profits-overseas-businesses

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World's Most Powerful Tidal Turbine Deployed Off Scotland's Coast

Bank of America equity strategist Haim Israel recently told clients by 2030, Europe will generate about 85% of its electricity from renewable sources. Solar and wind have stolen the spotlight in the green energy transition. But ...

https://www.zerohedge.com/technology/worlds-most-powerful-tidal-turbine-deployed-scotlands-coast

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"The World's Biggest Problem" - Kissinger Warns Of "Colossal" Dangers In Growing US-China Tensions

Former US national security adviser Henry Kissinger has warned that strains between Washington and Beijing pose the biggest problem for the world, and a failure to improve them risks a cold war ...

https://www.zerohedge.com/geopolitical/worlds-biggest-problem-kissinger-warns-colossal-dangers-growing-us-china-tensions

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Dogecoin Spikes 50% Intraday, Cripples Robinhood's Crypto Trading

While most eyes were on the surge in Ethereum this morning, the real animal spirits are in Dogecoin, which is up 50% today, topping 60c for the first time ever...

Doge has now surged above Ripple to become the 4th largest ...

https://www.zerohedge.com/crypto/dogecoin-spikes-50-intraday-cripples-robinhoods-crypto-trading

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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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