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Home Daily Digests Money Talks: Spending Soars Amidst Rising Prices

Money Talks: Spending Soars Amidst Rising Prices

From soaring spending amidst inflation to AI-authored articles, the world spins on. Dive into the latest news, where controversy, innovation, and the unexpected share the stage.

The User's Profile Ivor December 3, 2023
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DISCLAIMER: The following content does not reflect the opinions of Peak Prosperity, but is rather a summarization of content that has caught the interest of members of the community.

Discussion is welcome in the comments section!

Despite the rising inflation and high prices, American consumers continue to spend, with consumer spending rising 0.2 percent in October. This trend is not limited to necessities, as sales of luxury items such as new cars, dishwashers, and jewelry remain strong. The surge in spending is attributed to the government’s financial aid during the pandemic, which increased demand while supply chains were disrupted, leading to higher costs.

In international news, Christian Terhes, a Member of the European Parliament, voiced his concerns at the International Crisis Summit in Bucharest. He criticized globalist agendas like the “new world order” and “Great Reset” plans, arguing that they could lead to a new totalitarian regime. Terhes also questioned the authority of governments to impose medical products through political votes, emphasizing the importance of individual consent.

The world mourns the loss of Henry Kissinger, former US Secretary of State, who passed away at the age of 100. Kissinger’s legacy is a complex one, marked by controversial actions such as US involvement in Vietnam and support for Pinochet’s coup in Chile. Despite this, he was awarded the Nobel Peace Prize for his role in ending the Vietnam War.

In health news, concerns are being raised about the harmful effects of SSRIs, commonly prescribed antidepressant medications. Side effects include emotional numbness, agitation, imbalances, loss of sexual function, and birth defects. The pharmaceutical industry has been accused of covering up these dangerous side effects, highlighting the need for more awareness and resources for those experiencing complications from SSRIs.

The government of Alberta is opposing the federal government’s attempt to regulate the province’s electrical system, arguing that it will increase costs for families and jeopardize the reliability of the grid. Alberta plans to table a resolution under the Alberta sovereignty within a United Canada Act to protect the province from federal intrusions.

In the world of artificial intelligence, Sports Illustrated has come under fire for publishing articles written by AI-generated authors with fake biographies and headshots. The Arena Group, the magazine’s publisher, removed the AI authors from the site and blamed a contractor for the content. This incident raises ethical questions about the use of generative AI in journalism.

In environmental news, a report by the NY Times graphics department highlighted the top 60 power-producing countries and their use of renewable or fossil fuels. The report suggests that only a handful of these countries, including China, the United States, and India, significantly contribute to the use of fossil fuels to produce electricity.

Lastly, a new study suggests that 65% to 96.5% of the CO2 concentration increase since 1958 is natural. The study criticizes the disparate accounting model that attributes increases in atmospheric CO2 exclusively to human activities. The findings suggest that natural emissions add significantly more to the CO2 increase than human activities.

Sources

Observational Evidence Supports Strong Forcing from Aerosol Effect on Low Cloud Coverage

We estimate that the Cf adjustment drives between 52% and 300% of additional forcing to the Twomey effect over the ocean and a total AIF of −1.1± 0.8 W m−2.

Source | Submitted by newsbuoy

Journalist Liz Gunn Calls for Government to Respect Whistleblower in NZ Ministry of Health Raid

Gunn calls for the New Zealand government to call off this tyrannical response and give the Whistleblower the honour and respect he deserves as a national hero.

Source | Submitted by xeusa

"The Crowhouse reveals shocking charts exposing the truth about killer shots"

The mother of all revelations (mirrored)

Source | Submitted by xeusa

New Study Suggests Majority of CO2 Increase Since 1958 is Natural

Analysis of CO2 residence times [atmospheric lifespan] suggests that 65% to 96.5% of the CO2 concentration increase since 1958 is natural.

Source | Submitted by nils-grimley

The Top 60 Power-Producing Countries: Who Really Matters in the Fight Against Fossil Fuels?

But as far as fossil fuel burning to produce electricity, ONLY those nations above really matter in the present. And, if one wants to be more precise, only China, the United States, and India matter.

Source | Submitted by nils-grimley

Sports Illustrated Publishes AI-Generated Authors with Fake Biographies and Headshots

The AI authors’ writing often sounds like it was written by an alien; one Ortiz article, for instance, warns that volleyball ‘can be a little tricky to get into, especially without an actual ball to practice with.’

Source | Submitted by nils-grimley

Son of World Economic Forum Cofounder Calls for Arrest of Global Leaders and Big Tech/Pharma Executives for Alleged Bioweapon Injection

Pascal Najadi, son of World Economic Forum (WEF) cofounder Hussain Najadi, is calling on the Swiss authorities to arrest the leaders of the World Economic Forum, the World Health Organization and GAVI, all of which are headquartered in Geneva, Switzerland, as well as Big Tech and Big Pharma executives, for injecting a bioweapon into 5.7 billion people

Source | Submitted by boomer41

Alberta Introduces Legislation to Protect Province from Federal Interference in Electrical Grid

Alberta’s government is committed to protecting Alberta from federal overreach.

Source | Submitted by danelarsen

The Dark Side of SSRIs: Profound Effects and Hidden Dangers Revealed

SSRI antidepressants are one of the most harmful medications on the market, and because of just how many people they are given to (often for no good reason) they have had a profound effect on the consciousness of our entire society.

Source | Submitted by nils-grimley

Former US Secretary of State Henry Kissinger Dies at 100

The Coronavirus Pandemic Will Forever Alter the World Order

Source | Submitted by nils-grimley

MEP Christian Terhes Delivers Riveting Speech at International Crisis Summit, Opposing Globalist "New World Order" Plans

We are witnessing right now the installation of a new totalitarian regime all across the globe.

Source | Submitted by nils-grimley

Americans Continue to Spend Despite High Prices

People hate inflation, just not enough to spend less: This is one of the central tensions of today’s economy, in which things are going great yet everyone is miserable.

Source | Submitted by talcatcha

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