Month: December 2018

zerohedge December 31, 2018

Education facilities in China have rolled out “intelligent uniforms” embedded with microchips to better monitor students’ attendance and whereabouts, said the Global Times. Eleven schools in Southwest China’s Guizhou Province and Guangxi Zhuang Autonomous Region have introduced smart uniforms, which are developed and manufactured by Guizhou Guanyu Technology. As students arrive on school grounds, facial recognition cameras identify the time and […]

zerohedge December 30, 2018

A recent Philly.com article noted that, despite the supposed economic “boom”, professionals like real estate agents, farmers, business executives and even computer programmers are all still living paycheck to paycheck. Responding to a Washington Post inquiry on Twitter, millennials, Generation Xers and baby boomers that work in a range of geographic areas claim that they have […]

zerohedge December 30, 2018

It is the same depressing story to which Illinoisans have grown accustomed: Population is collapsing and it’s only getting worse. Illinois had one of the largest population busts in the nation this year according to new data published Dec. 19 from the US Census Bureau. Illinois is the sixth-largest state, with a population estimated at 12,741,080. Since 2013, the state had seen more than 100,000 […]

zerohedge December 30, 2018

While even some of the most dogged bulls are throwing in the towel on their optimistic forecasts for the US (see Goldman taking the axe to its 2019 GDP forecast noted earlier), there are those who steadfastly believe that 2019 will be a solid year for the US economy, and that no recession is still […]

zerohedge December 30, 2018

In what will likely come as a relief to anxious EU officials who have been hoping to avoid another calamitous confrontation with a restive member state, Italy’s ruling populist coalition managed to ram through approval of its revised budget plan – including its laughably precise projected budget deficit of 2.04% (because only economists can come […]

zerohedge December 30, 2018

Since wrapping up negotiations with the EU over the UK Brexit withdrawal treaty and its troublesome Irish Backstop, UK Prime Minister Theresa May has insisted that her fractious parliament has three options: Her deal, no deal or no Brexit at all. And though recent reports have suggested that May might be on the verge of […]