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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Buffett's Refusal To Split Berkshire Stock Is Creating A 'Y2K-Like' Problem For Nasdaq

After years of lackluster performance, Warren Buffett's Berkshire Hathaway has seen its Class A shares climb 20% so far this year, bolstered by the reflation trade that has sapped tech stocks. But Buffett's old-...

https://www.zerohedge.com/markets/buffetts-refusal-split-berkshire-stock-creating-y2k-problem-nasdaq

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Goldman Announces Formation Of New Crypto Trading Desk

2018 was not a good year for bitcoin, and for cryptos in general: after hitting an all time high of (only) $20,000 in December of 2017, much of the remainder of 2018 was spent with the crypto bubble deflating, with early crypto investors first...

https://www.zerohedge.com/markets/goldman-announces-formation-new-crypto-trading-desk

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Tesla Admits Its Still "Firmly In Level 2" Autonomy, Won't Have Full Self Driving By Year's End

Elon Musk said in January of this year that he was"highly confident [a Tesla] will be able to drive itself with reliability in excess of human this year."

To many of us, we knew it was nonsense. Musk ...

https://www.zerohedge.com/markets/tesla-admits-its-still-firmly-level-2-and-wont-have-full-self-driving-years-end

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Ayatollah Khamenei Calls Israel "Not A Country, But A Terrorist Base" As Vienna Talks Intensify

In a fiery Friday sermon on the occasion of "Quds Day"an Iranian Islamic holiday that commemorates the expected "liberation of Jerusalem" and which falls every yearon the last Friday of RamadanIran's ...

https://www.zerohedge.com/geopolitical/ayatollah-khamenei-calls-israel-not-country-terrorist-base-vienna-talks-intensify

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COVID Vaccine Makers Prepares For Long Legal Battle As US Backs IP Waiver

Now that Germany has broken with the US over the question of whether to back a waiver for COVID vaccine IP that's been proposed at the WTO, pharmaceutical giants like Pfizer that were planning on COVID-19 vaccines becoming a...

https://www.zerohedge.com/covid-19/covid-vaccine-makers-prepares-long-legal-battle-us-backs-ip-waiver

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Russia, Iran, & A SWIFT Nuclear First Strike

Authored by Tom Luongo via Gold, Goats, 'n Guns blog,

Jim Sinclair, ages ago, told us that the moment the Obama administration threatened the Swiss with SWIFT expulsion over opening up its vaunted banking privacy rules was the equivalent of a nuclear ...

https://www.zerohedge.com/geopolitical/russia-iran-swift-nuclear-first-strike

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"The Costs Are Up, Up, Up. We're Seeing Substantial Inflation" Admits A Surprised Warren Buffett As Powell, Yellen See Nothing

We already touched on two of the more colorful exchanges from Saturday's Berkshire annual videoconference, both of which incidentally starred the traditionally far more ...

https://www.zerohedge.com/markets/costs-are-were-seeing-substantial-inflation-admits-surprised-warren-buffett-powell-yellen

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The Fourth Turning: Why America's "Crisis" May Last Until 2030

Authored by 'FreeSpeechFan' via TheDuran.com,

It is comforting that the Fourth turning is part of a natural cycle but also very disturbing that it is a period of crisis. As we know from previous cycles, many people suffer and die ...

https://www.zerohedge.com/geopolitical/fourth-turning-why-americas-crisis-may-last-until-2030

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"Monster-Size Lava Fountain" Erupts In Iceland

An Icelandic resident uploaded a stunning video on YouTube of a new volcanic eruption early Sunday morning.

YouTube"Sigfs Steindrsson"has been following a new fissure vent that opened a couple of weeks ago and is visible from Reykjavk, the capital of...

https://www.zerohedge.com/geopolitical/monster-size-lava-fountain-erupts-iceland

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Fake Health Certificates Complicate The Already Messy "Vax Pass" Idea

Authored by Mike Shedlock via MishTalk.com,

The proliferation of fake health certificates is exposing a logistical blind spot for the airlines. Confusion doesn't stop there.

Airlines Struggle to Police Fake Certificates

In ...

https://www.zerohedge.com/markets/fake-health-certificates-complicate-already-messy-vax-pass-idea

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EU Pushes Plan To Revive Tourism By Opening Borders To Vaccinated Travelers

Late last month, European Commission chief Ursula von der Leyen revealed in an interview with the NYT that the EU would soon allow Americans and others who can prove that they have been fully vaccinated travel to popular ...

https://www.zerohedge.com/covid-19/eu-pushes-plan-revive-tourism-opening-borders-vaccinated-travelers

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Intel's CEO Says Chip Shortage Could Last "A Couple Of Years" In New '60 Minutes' Interview

Intel's CEO has been the latest in a chorus of voices stating that the ongoing semiconductor shortage is going to last for a "couple of years".

Speaking on 60 Minutes Sunday night,chief executive officer ...

https://www.zerohedge.com/markets/intels-ceo-says-chip-shortage-could-last-couple-years-new-60-minutes-interview

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EBay Plans To Enable Crypto Payments And Break Into NFT Market

With eBay shares sinking on lackluster earnings guidance from the company's latest quarterly report released last week, CEO Jamie Iannone decided to spice things up by revealing in the middle of an interview on CNBC that the auction ...

https://www.zerohedge.com/crypto/ebay-plans-enable-crypto-payments-and-break-nft-market

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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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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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