Wednesday, July 31, 2019

Gasoline Demand Data Has Been Posted -- Recession "Just Around The Corner" -- July 31, 2019

Link here.



Funniest video all week: liberal Baltimore reporter telling Trump to come to Baltimore to look for himself ... and this is what they saw ... link here with video.

Rats: from wiki: it would be nice to see a similar chart for the rat population in Baltimore; my hunch? They correlate.

Population: from wiki, history of Baltimore's population. Never did hit a million. Close in 1960. Now trending toward 500,000. Stopped growing in the 60s; plummets in the 80s:


Huge "thank you" to Don who sends me some wonderful links, including these two on Baltimore.

By the way, the population data for Baltimore looks a lot like that of New Orleans

Shanghaied: from zerohedge:
For a company that has already racked up a tab of over $1 billion in losses this year, what's another $323 million amongst friends?

This was quite possibly the attitude the company took when agreeing to pay China 2.23 billion yuan - about $323 million - in taxes every single year as part of their deal with local authorities to build their factory on the outside of Shangha.

Tesla has also committed to drop about 14.08 billion yuan - or about $2 billion - in capex on the plant over the next five years, according to its lease. While the point of the Shanghai Gigafactory was to avoid tariffs and keep prices down, we're not sure how an annual tax requirement of well over a quarter of a billion dollars is going to make things easier for Musk.
Tesla solar: a very, very dim future? But doesn't his cousin own it?

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