#china 's #ccp are trying to use 200 #billion #yuan to #bailout their #property #market and try to get people paying their #mortgage again: https://www.zerohedge.com/markets/china-.. The irony here is that it's not nearly enough, things are far too gone. They don't seem to be even beginning to grasp the true scale of the almighty mess they are currently in.
I agree with #trump on this, #inflation is way higher than stated: https://www.zerohedge.com/political/trum.. The #used #market is now double, #food #costs are going up ~10% every few weeks, #food is #shrinking ( #shrinkflation ). We are genuinely in a #crisis but nobody wants to #admit it.
Another problem for #china 's #housing #property #market is the #shrinking #population https://www.zerohedge.com/economics/shri.. Less people means less #demand ...
#paperdink is a nice #competitor in the #esp 32 #eink #display #market https://paperd.ink/ Definitely worth keeping an eye out for this #device !
Interesting, the #crypto #market is all over the place. In this case #bitprime - a #retailer has been absolutely hammered: https://www.bitprime.co.nz/important-not.. #rumours suggest that big names like #tether may also be in trouble - and if the #stable #coins go, then the #value of #crypto mostly falls out for many people.
I am really #jealous of #robot #dogs ... I want one: https://hackaday.com/2022/05/02/need-a-s.. The problem is the #market is *exceptionally* #expensive right now.
More #platinum and #palladium #market #chaos as #russia is #blocked from #london #markets https://www.zerohedge.com/commodities/pl..
Looks like the #chinese #ev #market is in trouble due to #raw #material #costs - meaning the other #automotive #manufacturers are likely in trouble too: https://www.zerohedge.com/markets/chines.. Bare in mind, a bunch of #economies such as #germany and #japan rely on this #income of #exported #vehicles ...
Interesting, #bond #holders of #chinese #property #market #giant #evergrande are looking at a #lawsuite after $2 #billion #dollars of a $20 billion #usd #foreign #debt was " #stolen ": https://www.zerohedge.com/markets/desper..
Very interesting #explanation of the #nickel #market and #lme #situation https://www.symmetrybroken.com/nickel-de..
Seems like #russia are #narrowly #avoiding #default on #bond #interest giving them a small #market #surge https://www.zerohedge.com/geopolitical/r.. Unless they figure out some #peacedeal between #ukraine , expect that to go back down !
#china 's #stock #market appears to continue to fall: https://www.zerohedge.com/markets/didi-s.. It will get much worse still.
#russian #gold is now apparently #blocked from the world's #largest gold #market ! https://www.zerohedge.com/markets/russia.. These #sanctions get even more serious by the day!
Very interesting #discussion about bringing a #hardware #project #product to #market https://news.ycombinator.com/item?id=305.. Something I may have to #consider in the #future - certainly worth keeping on the #backlog !
Has been quite interesting to #listen to the #mikhailapeterson #podcast on #sweatshops - both #for and #against https://youtube.com/watch?v=t6-7SmYf8eM Both cases are #compelling ... I think in order to #market #capitalism to #work , the correct #incentives must be in place for #worker 's lives to #improve . I agree that currently it is not, but the current #method of #abandoning such #labour is also not useful. It's not clear what the exact #solution to this problem is though.
The #chinese #property #market #giant #evergrande finally #collapsed and it was relatively #silent https://www.zerohedge.com/markets/evergr.. I really suspect this is not all she wrote though and we'll see more in the near future regarding #china 's property market...