Elon Musk’s Love-Hate Relationship with Texas


For months now there has been much secrecy and mystery surrounding the location of electric car revolutionary Tesla’s new $5 billion Gigafactory. The factory will supply cheaper batteries for the company’s Model 3 electric car and will be large enough to manufacture more lithium-ion batteries than the entire industry produces now. Due to its sheer… Keep reading →

Once-in-63-year Drought Happens In Henan

Pick your poison, but the two widely-used terms elicit different reactions from various segments of the US population and demographic strata. “Global warming” also poses a greater sense of threat to one’s self and one’s family, especially for women, Hispanics, African-Americans, Democrats, Independents and Republicans. Actually, the report notes that “climate change appears to actually reduce issue engagement”… Keep reading →

Probably the best indication that the Chinese economy has entered a meaningful recession is the Chinese central government’s urgency to reassure everyone it isn’t so.

There have been rumblings since the end of last year that the Chinese economy was slowing, with poor lending practices, a property bubble and poorly managed internal migration all part of the new scenario sketched out for a possible recession. If it wasn’t for Europe’s unceasing convulsions over the credibility of its currency union the outlook for Chinese growth would be the central question for global economic trend-watchers. Keep reading →