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Zero Hedge
our mission: to widen the scope of financial, economic and political information available to the professional investing public. to skeptically examine and, where necessary, attack the flaccid institution that financial journalism has become. to liberate oppressed knowledge. to provide analysis uninhibited by political constraint. to facilitate information's unending quest for freedom.

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Why Are Hordes Of Wealthy People Hitting The Escape Button And Heading To Montana?

Authored by Michael Snyder via The Economic Collapse blog,Why have thousands upon thousands of very wealthy people suddenly felt an overwhelming urge to buy a home in Montana?  At this moment, Montana is one of the hottest real estate markets in the entire country.  When a desirable house is put on the market, it can often spark a wild bidding war.  Of course the vast majority of the potential buyers involved in these bidding wars do not actually have any roots in Montana at all.  Vast hordes...

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Chinese Stealth Fighters Buzz Beijing In Fly Over Rehearsal Ahead Of Centenary Parade 

The celebration of the 100th anniversary of the founding of the Communist Party of China is nearing and will be held on July 1. So naturally, like any massive government-sponsored celebration involving war machines, there needs to be lots of preparation. Over the weekend, the People's Liberation Army (PLA) was spotted flying all sorts of warplanes and helicopters in a rehearsal event, but what has caught our attention is the video of stealth fighter jets and new heavy-lift...

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Putin Warns Against Ongoing NATO Warship Build-Up In Black Sea Ahead Of Biden Meeting

Authored by Rick Rozoff via AntiWar.com,In comments that got past editors in the Western news media, President Vladimir Putin in a recent Russian television interview accused the West of abusing what were good relations at the time (1999-2004) to expand NATO up to Russia’s borders. And in doing so, he specified, violated verbal pledges made by American officials to then-Soviet President Mikhail Gorbachev, adding that the latter is alive and in good health and can confirm what he was told. In...

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G7 Nations Spend More On Fossil Fuels Than Green Energy

Development charity Tearfund published a report in collaboration with the International Institute for Sustainable Development and the Overseas Development Institute ahead of the G7 summit.As Statista's Niall McCarthy reports, it found that G7 countries are spending billions of dollars more on fossil fuels than green energy. Between January 2020 and March 2021, Canada, France, Germany, Italy, Japan, the U.S. and the UK pumped $189 billion into coal, oil and gas energy while only $147 billion...

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“Like Hell Went To Hell” – The Tragic Demise Of Venice Beach

Authored by Jamie Joseph via The Epoch Times,World-renowned Venice Beach has long been a place where visitors, residents, and business owners commingled with artists, musicians, and entertainers from all over the country. Over 10 million tourists visit the beach’s famous boardwalk each year, drawn in by the ocean view and the unconventional lifestyle of the city’s eccentric community.But the famed destination no longer circulates in headlines for its wacky tourist attractions or local...

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Biden Admin Pats Self On Back After ‘Gifting’ Vaccine To 0.015% Of Trinidad Population

Last Thursday, US President Joe Biden announced that the United States would donate 500 million doses of Pfizer's COVID-19 vaccine to the world's poorest countries with "no strings attached."On Sunday, the US State Department proudly tweeted that they had donated 80 vials to Trinidad and Tobago, which has a population of 1.4 million.USA Donates Vaccines to Trinidad and Tobago pic.twitter.com/5S0OTQfJU5 — U.S. Embassy POS (@USinTT) June 14, 2021Given that each vial can squeeze out six doses...

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Petition Demands Resignation Of New Jersey School Board After Holiday Names Replaced With Generic “Day Off”

Authored by Tom Ozimek via The Epoch Times,A petition has been launched calling for the resignation of school board members in a New Jersey county over their vote last week to remove holiday names from the school calendar and replace them with a generic “day off” designation.The petition, created on the platform Change.org by a user identified as Thomas Tatem on Friday, seeks to build support among residents of Randolph Township in Morris County, New Jersey, for the immediate resignation of...

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​​​​​​​Busy Start To Hurricane Season? NHC Currently Tracks 3 Disturbances

The National Hurricane Center (NHC) is tracking three tropical disturbances, one off the coast of North Carolina, one in the Gulf of Mexico, and another off the western African coast. The Atlantic hurricane season began on June 1 and extends into late November. On Monday, NHC's focus is on "Disturbance 1," located about 90 miles southeast of Cape Hatteras, North Carolina. The disturbance has a 70% Chance of Cyclone Formation in 48 Hours. NHC said the disturbance "is acquiring more tropical...

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Thomas Jefferson Versus The Federal Reserve

Authored by Michael Maharrey via SchiffGold.com,The Federal Reserve is the engine that drives one of the biggest, most powerful governments in the history of the world.Without the Fed, it would be difficult, if not impossible, for the government to fund its foreign wars, its massive, unsustainable social programs, the ever-growing police state, and the tangled web of corporate welfare programs. It’s almost certain none of this would exist as we know it today – not even close. The federal...

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Goldman Sachs Latest Wall Street Giant To Move Traders To Florida After NY Tax Hikes

Goldman Sachs employees finally returned to the office this week (for at least part of the work week). But at least some Goldman employees who miss working from the beach, the bank might soon be moving some of its front-office workers from NYC down to sunny Florida, becoming the latest major Wall Street firm to beef up its operations in the Sunshine State.Goldman will join Carl Icahn, Dan Loeb's Third Point, the private equity giant Apollo and a host of other firms in moving more employees to...

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