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seernewday 2 points ago +2 / -0

One big factor is the real estate sector, which is about 30 percent of GDP. It continues to crater, and at the time of this writing, there is no recovery in sight. Home prices and sales continue to decline. What’s more, Chinese consumers are buying less, with consumer spending making up just 38 percent of GDP. By contrast, that figure is 60–70 percent in developed countries

Not unexpectedly, unemployment among China’s youth (ages 16–24) had been at least 21 percent and likely higher when the CCP stopped publishing unemployment figures in June 2023. Then, in December of that year, the CCP released new statistics from a new method of measuring youth unemployment, which did not include students. That new approach dropped that figure down to 14.9 percent, but that’s still almost three times higher than China’s national rate of 5.1 percent.

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seernewday 8 points ago +8 / -0

God helps those who help themselves... people power is the plan... we are winning and will win!

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seernewday 13 points ago +13 / -0

ZeroHedge also published numbers yesterday about how far and away fewer parents are vaxing at all so the message seems to be getting through

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seernewday 3 points ago +3 / -0

Remember the cabal wants us all divided and infighting... they want to burn much down to rule over the ashes... Lets rise together and show them what FAFO means!

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seernewday 10 points ago +10 / -0

True but the FDIC runs out of money fast and so the $250K limit gets breached fast

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seernewday 7 points ago +7 / -0

Quote from the article

Yesterday, the Bank for International Settlements announced that its member jurisdictions have made significant progress in implementing the final elements of Basel III. Basel III includes wide acceptance of bail-in as a way of rescuing failing banks. Unlike a bailout, which involves external assistance (often from taxpayers), a bail-in restructures the bank’s liabilities internally which includes taking the money you have on deposit and in savings accounts, as these form part of the bank’s liabilities, and converting them from cash you can use into something else, e.g. shares in the bank. In other words, it is a bailout by the taxpayers but without the government as the middleman. As a depositor or saver, the bail-in conditions will not be negotiated with you.>

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seernewday 7 points ago +7 / -0

“You say trust the experts, but those same experts for 40 years said that if we shipped our manufacturing base off to China, we’d get cheaper goods.”

They were WRONG!

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seernewday 2 points ago +2 / -0

Deeply concerning... President Trump will finally fix it

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seernewday 4 points ago +4 / -0

Applaud the approach... lawyers must be held accountable!

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seernewday 2 points ago +2 / -0

WATCH on AP: 2 weeks ago @SecBlinken announced $325 million to repair Ukraine’s energy and electric grid.

American cities destroyed by the hurricane are now facing shortages of these parts. https://x.com/nataliegwinters/status/1841105116771848437

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seernewday 6 points ago +6 / -0

With the United States facing arguably the “most important election since our Nation was founded,” more than 200 retired generals and admirals are endorsing former President Donald Trump for president.

In a letter published Monday morning, Flag Officers 4 America issues a stinging indictment of the failed policies of President Joe Biden and his cackling vice president, Kamala Harris, the Democrats replacement standard bearer following the party’s silent coup in July. The endorsement is also a counter shot at the recent letter from Trump-hating former national security officials endorsing Harris.

Signed by highly respected former high-ranking members of the military who understand as well as anyone the critical necessity of strong leadership, the Flag Officers 4 America letter is sure to draw the fire of the Democratic Party and the accomplice media, as an epistle from the group excoriating the leftists in power did three years ago.

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seernewday 6 points ago +6 / -0

Very valid point... I have worked with utilities for decades... never seen one with the courage to ignore such rules... the fact this amicus brief was even filed was for them an act of amongst the greatest courage in a century... could change.

Small communities need to get their heads around self sufficiency in every regard as the social security nets are shrinking extremely fast

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seernewday 9 points ago +9 / -0

Organizations that manage, coordinate and monitor electricity service for 156 million Americans across 30 states are warning that the Biden-Harris administration’s power plant rule will be catastrophic for the nation’s grid. Four regional trade organizations (RTO), as they’re called, recently filed an amicus brief, also known as a friend of the court brief, in support of a multi-state lawsuit against the EPA over the rule.

The EPA released the rules in April. They require coal-fired power plants that will be operating past 2039 to begin implementing carbon-capture technologies in just eight years. New gas-fired power plants will also need to add the technologies, with those operating 40% of their annual capacity or more to add carbon capture starting in 2032.

Isaac Orr and Mitch Rolling, co-founder and researchers with Always On Energy Research, performed an analysis on behalf of the North Dakota Transmission Authority on the impacts the rules would have on the Midcontinent Independent Systems Operator (MISO), an RTO that covers a swath of the center of the U.S. The researchers say they found a number of problems. The EPA grossly overestimated the ability of intermittent wind and solar to deliver reliable electricity during peak demand periods, according to the analysis, and it also found the agency didn’t perform any reliability analysis on the rules. The result would be blackouts lasting days in some cases.

“So they don’t say things out in the open, that maybe they should,” Rolling said. The 2019 blackouts in California, the deadly Texas blackouts in the 2021 Winter Storm Uri, and the Christmas 2022 blackouts in the Southeast, Rolling said, should have been a wakeup call for the country that there are growing risks to our electricity grid. So far, they haven’t deterred the net-zero by 2050 advocates from their agenda. Source: justhenews.com

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seernewday 1 point ago +1 / -0

Senate Bill 1047, the Safe and Secure Innovation for Frontier Artificial Intelligence Models Act, raised the stakes in the debate over AI regulations.

If Newsom had signed the bill into law, it would have required testing of AI models to ensure they don’t lead to mass death, attacks on public infrastructure, or cyberattacks... gruesome ultimately supports the "plan" https://www.zerohedge.com/technology/newsom-vetoes-californias-hotly-debated-artificial-intelligence-bill

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seernewday 6 points ago +6 / -0

Why the Explosive Rush To AI Build Data Centers? Why is the US fed gov't the largest customer? Might it really be about surveillance, consorship and CBDC? - Peak Prosperity https://youtu.be/XNtKA0KRlr4

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