Member Info for nomlungu

Https://www.reuters.com/world/us/us-deficit-grows-291-billion-july-despite-tariff-revenue-surge-2025-08-12/

This is bad... And, they are issuing more and more short term debt because the price of 30 year bonds is too high. By the end of next year they need to reissued over $10 trillion and sell another few trillion to pay for new deficits. Nearly a trillion a month just as the Orange Madman undermines faith in the $.

Trump’s pick for BLS commissioner suggests suspending the monthly jobs report

https://edition.cnn.com/2025/08/12/economy/antoni-bls-mulls-suspending-jobs-report

Economist from Project 2025 authors - what could go wrong?

Kenny,

'contra bonos mores' is from Roman Dutch law

The Times: Putin has Epstein's recordings of Prince Andrew, royal biographer claims | Andrew Lownie

https://www.youtube.com/watch?v=_IcxnfCASuQ

In ZA people like this YouTuber who go out of their way to trespass to create clickbait videos to enrich themselves at the expense of the public would be convicted of a crime under the "contra bonos mores" principles. The police and the courts have more than enough to do without having to deal with people continually pushing up against the limits of the law....

One day someone he is harassing will snap and severely beat him and then he will want to use the same police resources that he continually wastes.

Chinese Coast Guard Cutter and Chinese Navy Destroyer Collide While Pursuing a Filipino Cutter

https://www.youtube.com/watch?v=JMNOljrw22g

I had not seen the footage until this video...

Https://www.youtube.com/watch?v=wwu5JQXLe7A

The world is going crazy...

Ford reveals breakthrough process for lower priced EVs

https://www.theverge.com/ford-motor-company/757243/ford-ev-truck-breakthrough-model-t

'And the manufacturing process will transform from a single assembly line, popularized over 120 years ago with the Model T, into an “assembly tree” with multiple lines starting simultaneously before joining together.'

A failed formatting test... Trying to work out how some people post Subject lines in bold....

ꜱᴛʀᴏɴɢ ʙᴜʏ

"grl dipping?"

I remember you highlighting it a couple of months ago as the charts were looking like bottoming out... I had a quick look and thought they would need cash. Down nearly 40% today and will probably still need that cash and Mr Market is going to want a humungous discount. Might be worth a trade after any heavily discounted placing as there will be so many who are burnt who will average down when they see buying in the belief that the company has turned the corner...

Meanwhile, management keep getting paid from that elusive 'working capital'...

Ocelot defending The Dear Leader for only losing £100m not £billions must be commended.

Nominated for the OBN award [legendary Private Eye award].

Explosion at US Steel's Clairton Mill in Pennsylvania: What to Know

https://www.newsweek.com/clairton-mill-works-explosion-mass-casualty-pennsylvania-update-2111844

'Has any Country ever done such a dumb thing before?'

Yes - Brexit

'Propaganda hire': Analysts admonish MAGA-aligned economist Trump could pick to lead BLS

https://www.rawstory.com/trump-2673873731/

Trump wants to keep devaluing the $... this hire will help. But, who wants to hold US debt when its GOV just keeps devaluing the currency? Add in a pliant FED chief who will drop interest rates as inflation rises and you get Turkisk levels of inflation.

$5000 gold anyone? Or copper at $20k a tonne?

Nvidia and AMD to pay 15% of China chip sale revenues to US government

https://www.ft.com/content/cd1a0729-a8ab-41e1-a4d2-8907f4c01cac

===or===

https://archive.ph/MUjhS

From the FT: “What’s next — letting Lockheed Martin sell F-35s to China for a 15 per cent commission?”

Paul Warburg on Pyotr Kurzin | Geopolitics

https://www.youtube.com/watch?v=TRCVyYqfcUw

A few of the Ukraine related videos i have watched today are bleak... Trump seems to think that the misunderstanding by Witkoff has given him the fig leaf of cover to hide his true intents of selling out Ukraine. Will be get away with it?

BREAKING NEWS: Is Trump Really Siding With Russia?

https://www.youtube.com/watch?v=kyrY0FqdrZo

Grim listening...

Patrick Boyle: Sales Down, Pay Up: Inside Tesla’s Strange New Reality!

https://www.youtube.com/watch?v=W8HEjee20V0

Dead pan YouTuber... 'He co-founded the quantitative hedge fund Palomar Capital Management and has served as a visiting professor at both Queen Mary University of London and King’s Business School, where he teaches financial derivatives at the postgraduate level'