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Tyler Durden

What Does The Yuanization Of The Russian Economy Mean For The Dollar?

Authored by ‘The Jamestown Foundation’ via OilPrice.com, Russian President Vladimir Putin is aiming to fully de-dollarize the Russian economy.  Russia is aiming to funds in currencies of so-called “friendly countries,” such as the Chinese yuan. Russian experts fear that, with 17 percent of foreign exchange

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Chinese Youth Unemployment Still Near Record High

China’s jobless rate for 16- to 24-year-olds stood at 18.7% in August, stubbornly close to July’s record-high 19.9%.  The slight improvement came as the Chinese government unrolls a variety of stimulus measures — while also continuing to undermine the economy with draconian zero-Covid policies that

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Investments
Tyler Durden

T-Rex Skeleton Expected Fetch Up To $25 Million At Auction

A fossilized Tyrannosaurus Rex skeleton, estimated to be around 66-68 million years-old, is expected to sell for as much as $25 million in an upcoming auction at Christie’s Hong Kong in November. Above, Shen the T. rex’s full skeleton appears on display ahead of its

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Investments
Tyler Durden

Escobar: Giorgia (Meloni) On Our Mind

Authored by Pepe Escobar, Grab the Negronis and the Aperol Spritz; it’s show time… It’s tempting to interpret the Italian electoral results this past Sunday as voters merrily hurling a bowl of lush papardelle with wild boar ragu over the collective bland faces of the toxic unelected

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