Page 56 - Michael Every News Today

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Authored by Stephen L. Miller via Spectator.us (emphasis ours), The theory that COVID-19 originated in a Chinese laboratory has completed its year-long trudge " from fringe nutjob idea to mainstream and expert-approved opinion. Right all along? Sen. Tom Cotton was denounced as a conspiracy theorist last year for suggesting that SARS-CoV-2 might have emerged from the Wuhan Institute of Virology (Getty) Leading scientists and epidemiologists such as none other than Dr Anthony Fauci were so quic...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

by Tyler Durden By Michael Every of Rabobank Welcome to a new week, and to a lengthy argument I hope is worth reading through to the end of. To start, an editorial in the journal ‘Science’ just argued that Darwin’s ‘The Descent of Man’ is “ often problematic, prejudiced, and injurious”, and that the key phrase “ ’survival of the fittest’ does not accurately represent the dynamics of evolutionary processes.” Yes, there have always been rivals to Darwin. Perhaps quantum epig...

Daily Times May 21, 2021 NEW YORK: Bitcoin fell 3% on Friday, giving up gains from the Asia session, as its recovery from this week’s plunge shows signs of faltering. Bitcoin fell to $39,262 on the Bitstamp exchange. That is roughly 30% above its Wednesday low, but just below its 200-day moving average. Rival cryptocurrency ether also came under pressure on Friday, falling 2% to $2,714. Ether is down 24% for the week and bitcoin down 15%. Bitcoin has been on a wild ride this week, largely th...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

by Tyler Durden Wednesday, May 19, 2021 - 08:39 PM In the first confirmed case of US retaliation against allegations of Chinese quasi slavery, a shipment of shirts for Japans Uniqlo chain was blocked from entering the U.S in January on suspicion they were made with forced labor in Chinas Xinjiang region. Uniqlo parent Fast Retailing protested the block, claiming that all the cotton involved was grown outside of China, but the US denied the protest because there was not sufficient evidence to di...

by Tyler Durden By Michael Every of Rabobank Joining Dots and Plots As we focus on the Fed, and prospective dot plots, can you also join the following market dots from the past 24 hours?  First, China announced it was effectively banning its banks from allowing crypto currencies; Second, there was a massive collapse (-30%) in crypto, before the usual combination of tweets, book-talking, and magical thinking helped to push many back up 30% again, hence ‘only’ ending down around 10% on the d...

by Tyler Durden By Michael Every of Rabobank Finite and Infinite Great Games Spending time on social media is a great way to pollute one’s mind with ill-informed idiocy, bile, narcissism, and the most trivial of all trivia - which is why we all spend so much time doing it. However, it does also offer the occasional diamond in the rough as a platform for some genuinely interesting discussions. Yesterday, I watched Bret Weinstein’s ‘Dark Horse’, where Jamie Wheal pronounced that --from an...

by Tyler Durden By Michael Every of Rabobank The Deep, Dark Bretton Woods To summarize, the US economy’s state of play at the moment is: a record number of jobs opening up; yet far fewer people being employed than expected; consumer, producer, and import prices all going up much more than expected; yet nominal (and real) retail sales less so; as is industrial production; and consumer confidence - because inflation is seen soaring ahead. We can all argue about what happens next, but there are...