News Ed's Must Reads

The Absolute Best News Stories

ORIGINAL POST
Posted by Ed 55 days ago
Archives https://hongkong.asiaxpat.com/news/eds-must-reads/270051/the-absolute-best-news-stories/
 
 
 
 

A hard-landing recession is guaranteed as the full impact of Fed rate hikes have yet to hit the economy (Yahoo! Finance)

 

Why some rate hikes can't be cancelled out (Investors’ Chronicle)

Deeper Recession Risk (Bloomberg)
German economy to keep shrinking, Bundesbank warns (Financial Times)
 

A harsh truth: The world economy never recovered from the COVID-19 pandemic (Globe and Mail)

A Global Recession Wave Is Building Steam (Barrons)
UK fell into recession at the end of 2023 as economy takes center stage in runup to general election (AP)
UK economy slipped into recession in 2023 (Financial Times)
Britain suffers longest hit to living standards since records began (Telegraph)
China’s fastest deflation in 15 years poses risks (Financial Mirror)
 

Barclays to adopt fresh curbs on oil and gas financing (Reuters)

China to export deflation to the world as economy stumbles (Financial Times)
Germany cranks gas-fired electricity output to 2-year highs (Reuters)

Bank of England policymaker warns of ‘downside risks’ for UK economy (Financial Times)
SP500: Major Deflationary Warning - Rents Are Collapsing (Seeking Alpha)
The Bank’s blunders will send Britain into deflation (Telegraph)
 
Study Finds Majority Of Patients With Long COVID Were Vaccinated Read More  
 
 
The U.S. national debt is rising by $1 trillion about every 100 days. The nation’s debt permanently crossed over to $34 trillion on Jan. 4, after briefly crossing the mark on Dec. 29, according to data from the U.S. Department of the Treasury. It reached $33 trillion on Sept. 15, 2023, and $32 trillion on June 15, 2023, hitting this accelerated pace. Before that, the $1 trillion move higher from $31 trillion took about eight months. Bank of America investment strategist Michael Hartnett believes the 100-day pattern will remain intact with the move from $34 trillion to $35 trillion.
 
 
Britain is doomed to forever be America’s sick relation. Many commentators argue that the UK is condemned to continuing economic decline. As things stand, they are right: if we carry on with the same policies, such a fate will be baked in. Worse, a subsequent debt crash could even turn slow decline into precipitous collapse. Last year, GDP per capita for the average Briton was £39,400; for the average American it was £64,700 – a gap of £25,300.
 
 

Too big to comprehend  Unlike the 1980s, when the UK had several advantages to grow its way out of the self-harm of the early-1980s, this time around Britain has only disadvantages.

 

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COMMENTS
Ed 54 days ago
Theft and violence in UK’s small shops soars to record levels  https://archive.ph/ha73T
 
The Skyrocketing Costs Driving Cheeseburger Prices Up—And Restaurant Owners Out  https://archive.md/t3Jeg#selection-2165.0-2165.79 
 

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Ed 52 days ago
Why are so many young people in the past two years having heart attacks? They lead seemingly healthy lifestyles... but all these people suffered heart problems. Experts say the phenomena is 'frightening'. ‘Between 10 to 20 per cent of my heart attack patients are now under the age of 40,’ says Dr Martin Lowe, a consultant cardiologist at St Bartholomew’s Hospital and The Portland Hospital, both in London. ‘In the US, data shows around one in five heart attack patients is under 40 and we’re catching up in the UK. ‘When I was a junior doctor it was extremely rare to see young people — most patients were smokers in their 50s and 60s.’  https://www.dailymail.co.uk/health/article-13154677/young-people-having-heart-attacks-lead-seemingly-healthy-lifestyles-suffered-heart-problems.html
 
 
 
Amid explosive demand, America is running out of power  AI and the boom in clean-tech manufacturing are pushing America’s power grid to the brink. Utilities can’t keep up.   https://archive.md/w2QSU 
 
 
 
Is it long COVID or long vax? Does the government want to know?  https://thehill.com/opinion/healthcare/4512451-is-it-long-covid-or-long-vax-does-the-government-want-to-know/ 
 
 
 
The World Has Too Much Wine, and Farmers Are Ripping Up Vines https://archive.md/b4L1f 
 
 
 
“I had been watching videos of him [the club’s most popular host] on YouTube for two years before I got up enough courage to go there in person,” said Yu, who was working as a veterinary assistant in southern Japan at the time. “He was my idol. I sent him messages on Instagram, and then I finally went to the club.”  https://archive.md/emxxM#selection-1019.0-1025.39 
 
 
About That Long Vax (a.k.a. Long Covid) Again
Keep this in mind when you're incessantly bombarded with Long Covid messaging.  https://live2fightanotherday.substack.com/p/about-that-long-vax-aka-long-covid
 
 
And... It's Gone - Body Shop Files for Bankruptcy https://www.zerohedge.com/markets/bring-out-your-dead-mall-retailer-body-shop-files-chapter-7-bankruptcy 
 
 
 
 

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Ed 46 days ago
Harvard Fires Professor Who Co-wrote Great Barrington Declaration
 
Epidemiologist Martin Kulldorff, Ph.D., an outspoken critic of COVID-19 lockdown policies, school closures and vaccine mandates since early in the pandemic, on Monday said he was fired from his position at Harvard University.
 

“It was also clear that lockdowns would inflict enormous collateral damage, not only on education but also on public health, including treatment for cancer, cardiovascular disease, and mental health,” Kulldorff wrote.

“We will be dealing with the harm done for decades. Our children, the elderly, the middle class, the working class, and the poor around the world — all will suffer.  
 

That viewpoint got little debate in the mainstream media until the epidemiologist and his colleagues published the Great Barrington Declaration, signed by nearly 1 million public health professionals from across the world.

The document made clear that no scientific consensus existed for lockdown measures in a pandemic. It argued instead for a “focused protection” approach for pandemic management that would protect high-risk populations, such as elderly or medically compromised people, and otherwise allow the COVID-19 virus to circulate among the healthy population.  https://childrenshealthdefense.org/defender/harvard-martin-kulldorff-great-barrington-declaration/
 
 
Our stressed-out power grids need help  https://archive.md/BjwWd#selection-1547.0-1547.38 
 
 
 

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Ed 42 days ago
The Unsaturated Truth: Drop Seed Oils If You Want to Be Healthy. Chronic, non communicable diseases are increasing everywhere modernity comes to call. The industrial revolution changed food processing forever. Oils could be extracted from plants on an industrial scale. Advanced nations began consuming vegetable oils high in omega-6 polyunsaturated fats. Omega-6 oils are easily oxidised, especially when heated. The omega-6 oil has destabilised our omega-6 to omega-3 fat ratio. Cells are more likely to become damaged due to oxidation creating oxidative stress and chronic inflammation, two symptoms that characterise many chronic diseases including but not limited to: cardiovascular disease, cancer, dementia, and metabolic diseases including obesity and diabetes type 2.  https://hunterandgatherfoods.com/blogs/real-food-lifestyle/the-unsaturated-truth-drop-seed-oils-if-you-want-to-be-healthy
 
 
A supersize coffee won’t fix you
A coffee-shop worker reveals why bigger is not better
https://archive.md/XNP3M#selection-1587.0-1595.53 
 
 
A Simple Change: Switching to Potassium-Enriched Salt Could Save Millions of Lives. Experts recommend adding low-sodium potassium-enriched salt to hypertension guidelines to combat high blood pressure and related health risks. This recommendation follows evidence that potassium-enriched salt can reduce sodium intake and increase potassium intake, offering a taste-neutral solution to a widespread health issue.
 
 
Broccoli's Anti-Cancer Compound Could Have a Whole Other Health Benefit. A chemical found naturally in broccoli could one day prevent and treat the blood clots that can lead to strokes – currently the second leading cause of death worldwide. Researchers, led by a team from the University of Sydney in Australia, conducted a series of lab tests on 23 compounds commonly found in plants to determine their fondness for bonding with our blood's platelets.
 
 
Central banks cannot fight recession and a credit bubble at the same time   https://archive.ph/qPjx0#selection-2601.4-2601.77
 
 
Half of Downtown Pittsburgh Office Space Could Be Empty in 4 Years  https://mishtalk.com/economics/half-of-downtown-pittsburgh-office-space-could-be-empty-in-4-years/
 
https://www.youtube.com/watch?v=TfUhykd1Ifc 
 

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Ed 40 days ago
Mystery in Japan as dangerous streptococcal infections soar to record levels
 
Persistent immune imprinting occurs after vaccination with the COVID-19 XBB.1.5 mRNA booster in humans  https://www.sciencedirect.com/science/article/pii/S107476132400092X 
 
Nervous System Disorders Become Leading Cause of Global Illness  https://www.who.int/news/item/14-03-2024-over-1-in-3-people-affected-by-neurological-conditions--the-leading-cause-of-illness-and-disability-worldwide 
 
Canadian Bankruptcies Surge https://www.cbc.ca/news/business/canada-insolvencies-businesses-consumers-bankruptcies-2023-1.7101856
 
 

The FDA is largely funded by the pharmaceutical industry. Shouldn't this raise concerns of conflicts of interests? https://www.reddit.com/r/AskALiberal/comments/135ul2o/the_fda_is_largely_funded_by_the_pharmaceutical/?rdt=54915

 
Countries with the Highest  - and Lowest - Cancer Rates https://i.postimg.cc/yxmHFjBt/cancer.webp
 
 
Corporate defaults at highest rate since global financial crisis, says S&P. More companies have defaulted on their debt in 2024 than in any start to the year since the global financial crisis as inflationary pressures and high interest rates continue to weigh on the world’s riskiest borrowers, according to S&P Global Ratings. This year’s global tally of corporate defaults stands at 29, the highest year-to-date count since the 36 recorded during the same period in 2009, according to the rating agency.  https://archive.md/cZaQL
 
 
What Happened In 2023 Ain't Gonna Happen Again!  https://www.oilystuff.com/single-post/what-happened-in-2023-ain-t-gonna-happen-again 
 
 
Are Covid Vaccines Safe?  https://twitter.com/i/status/1652195355742863360 
 
 
This Generation is not interested in 9-5 jobs: https://twitter.com/i/status/1715408807122096468
 
 
Office owners are on 'borrowed time' as maturing debts can't be pushed off much longer, Goldman Sachs says https://finance.yahoo.com/news/office-owners-borrowed-time-maturing-030758363.html
 
 
 

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Ed 36 days ago
The looming office-real-estate crash will be worse than the Global Financial Crisis decline, Fitch says  https://www.msn.com/en-us/money/markets/the-looming-office-real-estate-crash-will-be-worse-than-the-global-financial-crisis-decline-fitch-says/ar-BB1kiuET
 
 

THE COMING FINANCIAL CRASH

One question, above all others, has dominated our recent discussions here. This is the issue of whether the financial system will fracture as the underlying “real” or material economy inflects from growth into contraction.

Has some kind of chaotic reset – either contractionary or hyperinflationary – become inevitable? Are we – to put it colloquially – heading into a re-run of the Wall Street crash and the ensuing Great Depression?

The answer is that we are. Only two outcomes remain possible. One is a cascade of defaults and asset price crashes, and the other is a full-on resort to money-creation, resulting in an uncontrollable surge in inflation.

https://surplusenergyeconomics.wordpress.com/2024/03/22/273-systemic-jeopardy/ 
 
 
The high price of weight loss: GLP-1 agonist side-effects  https://robynchuter.substack.com/p/the-high-price-of-weight-loss-glp 
 
 
 
 
Stock valuations mirror the extremes of 1929 and the market is at risk of a steep crash, legendary investor John Hussman says   https://finance.yahoo.com/news/stock-valuations-mirror-extremes-1929-010120586.html#
 
(starting after 2021...) 
 
 
Combining cinema verité and investigative journalism, Medicating Normal follows the stories of those whose lives have been torn apart by the very medications they believed would help them. Expert testimony and undercover footage reveal a systemically corrupt industry. Medicating Normal is the untold story of the disastrous consequences that can occur when profit-driven medicine intersects with human beings in distress.  
 
https://youtu.be/xJs9lK8PIok 

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Ed 24 days ago
Money Is Tight, but Americans Are Still Spending Like There is No Tomorrow 
Many have given up on ever owning a home so do not save.  Also many are not saving for retirement (or blowing through retirement savings)  https://www.wsj.com/podcasts/your-money-matters/money-is-tight-but-americans-are-still-revenge-spending/f24ef79e-8f50-4ad0-b28d-432a6cfdb569
 
 

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