Category: Current Events

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MUSK: HERO or ZERO

  • SpaceX gets roughly 1/3 of its revenue from US government contracts.
  • TESLA is heavily subsidized as well.

Now tell me what a commie is?

  1. Link: https://www.cnn.com/2024/11/20/business/elon-musk-wealth-government-help/index.html
  2. Link: https://www.zerohedge.com/political/which-us-companies-receive-most-government-subsidies

Understand: this is a study in cognitive dissonance, because a fair number of middle to upper level GOP operatives and MAGA HEADS received PPP funds. So, a commie by any other name still smells as foul?

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“BULLISH”

Bullish bets on food, water, shelter, energy? – are not bullish for the human race.

“In February, the United States Department of Agriculture projected that the cattle herd could begin rebuilding by 2025.”

Well that’s next year, shit … is this good news or bad news?

Link: https://www.zerohedge.com/commodities/net-bullish-live-cattle-bets-hit-5-year-high-prices-enter-bluesky-breakout-amid-us-herd

Cocoa: https://www.reuters.com/markets/commodities/lack-rain-heat-worry-ivory-coast-cocoa-farmers-2024-12-16/

Coffee: https://kstp.com/kstp-news/top-news/coffee-prices-soar-to-highest-level-in-nearly-50-years/

Eggs: https://www.cnbc.com/2024/12/12/why-egg-prices-may-soon-flirt-with-record-highs-supplier.html

Corn: https://www.brownfieldagnews.com/news/2025-corn-prices-have-the-potential-to-rally/

Wheat: https://think.ing.com/articles/tighter-wheat-means-higher-prices/

Diesel: https://www.reuters.com/markets/commodities/global-diesel-prices-rely-refinery-closures-support-2025-2024-12-12/

Diesel prices only make sense if someone is lying BIG TIME about the state of the economy, and specifically the downside risks.

I believe we’ve been in a papered over global depression since at least 2008, and the “paper” only works for so long.