"The relative weakness of Gold and strength of the cryptocurrencies is reminiscent of the soaring price of Hertz and other bankrupt American companies, pricing of which is driven by a new generation of small day traders who, with professional sports being cancelled, have instead chosen to gamble on the stock market", he points out. "When you buy US equities, you are no longer betting on companies – you are betting on what other investors will do – and especially, for how long the Fed can continue to flood the market with liquidity. You might as well bet on 'red' or 'black' in roulette. What could go right?" The financial expert elaborates that Modern Monetary Theory "declares that the rule-book has been thrown out – hundreds of years of economic practice are irrelevant, and one can borrow one’s way to infinite riches". However, this view represents the failure of Western governance since "a robust political system must be able to accept a certain amount of … [Read more...] about Crypto-Currencies: Will World Go Fully Digital, Wiping Out Gold & Ruining Dollar Dominance?
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About GS1 Hong KongFounded by the Hong Kong General Chamber of Commerce in 1989, GS1 Hong Kong is the local chapter of GS1®, a not-for-profit, standards organisation that develops and drives adoption of easy-to-implement global standards for business to uniquely identify, accurately capture and automatically share vital information about products, locations and assets. Headquartered in Brussels, Belgium, GS1 has over 110 national chapters in 150 countries. … [Read more...] about 93 Local Companies Recognised at The 9th “Consumer Caring Scheme” and Emerged Stronger
Another reaction: “It’s very hard to understand why after going through eight years of the Obama administration that Joe Biden thinks we’ll be able to carve out grand deals with Republicans,” said Neil Sroka, the communications director at Democracy for America. … [Read more...] about The Hill’s 12:30 Report- Presented by Facebook – Trump threatens schools’ funding over reopening
➔ Retiring: Lt. Col. Alexander VindmanAlexander VindmanOVERNIGHT DEFENSE: Key impeachment witness retires | Duckworth presses for information | Subpanel advances defense measure | Democrats press for end to military transgender ban Vindman, key impeachment witness, to retire from Army Duckworth to block military confirmations until Esper proves Vindman will be promoted MORE, a specialist in Ukraine policy who testified during the Trump impeachment investigation, is retiring from the U.S. Army after more than 21 years of service. David Pressman, Vindman’s attorney, said in a scathing statement that the former National Security Council aide, who was sent out of the White House to the Defense Department following Trump’s Senate acquittal, is retiring “after it has been made clear that his future within the institution he has dutifully served will forever be limited” (The Hill). … [Read more...] about The Hill’s Morning Report – Presented by Facebook – Trump takes on CDC over schools
Reviews and how-to ┏ The best wireless earbuds to buy right now. I’m with Chris Welch on this one. After bouncing between five different BT headphones (AirPods Pro, Pixel Buds, Sony 1000XM3, OnePlus neckbuds, and the Galaxy Buds) for the past month, the Galaxy Buds are the ones I use the most now — and notably, I use them with my Mac, iPhone, and Android phone. Would I like noise cancellation? Sure, but it’s not as much of a priority for me now that I don’t commute by train. I’d also like these headphones to switch between devices more seamlessly, but at least they’re better than Sony (nearly everybody is better than Sony in that regard). … [Read more...] about Samsung needs a splashy product for its splashy product launch