Zero Hedge

Zerohedge.com

Contributor since: 21 Jun 2018

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• Elon Musk Claims 250,000 Orders For Cybertruck

  Published 29 November 2019 | viewed 664 times

  With such an impressive unveiling that included audible laughter from the audience and two broken windows, it should come as no surprise that Elon Musk fanboys are falling…

• China's Boldest Move Yet To Ditch The U.S. Dollar

  Published 25 November 2019 | viewed 1,416 times

  As if the trade war - and soon to be currency war - between China and the U.S. needed another wrench thrown in its gears...…

• Is The $3.5 Trillion Healthcare Industry About To Get Much More Transparent?

  Published 15 November 2019 | viewed 2,744 times

  In a move that will send shockwaves across the $3.5 trillion US healthcare industry, on Friday the Trump administration unveiled a plan that would -…

• Trump Prepares For Another Key Tariff Decision

  Published 12 November 2019 | viewed 978 times

  After months of threats, the deadline for the White House to impose new tariffs on cars and auto parts manufactured in the EU is fast…

• Global Debt Soars To $188 Trillion

  Published 08 November 2019 | viewed 1,342 times

  The world is now 188 trillion dollars in debt, and that number continues to grow rapidly each year. It is a form of enslavement that…

• Hedge Funds Lose $4 Billion In Four Days As California Wildfires Rage On

  Published 05 November 2019 | viewed 1,662 times

  California isn't the only thing that's burning: hedge funds invested in PG&E are slowly watching their cash go up in smoke. Investors in the company lost roughly…

• China's $10 Trillion Space Play

  Published 04 November 2019 | viewed 1,658 times

  Having already created 12 free trade zones (with 6 more coming soon) in and around major Chinese metro areas... (Click to enlarge) ... Beijing's next…

• Is SoftBank The Short Of The Century?

  Published 25 October 2019 | viewed 1,741 times

  Take a close look at the following two slides which have been a staple presence in every SoftBank presentation in recent quarters. (Click to enlarge) (Click to…

• How Airbus Is Taking Advantage Of Boeing's Slide

  Published 24 October 2019 | viewed 1,074 times

  For a little over a year, Florida-based Spirit Airlines was evaluating if it should buy Airbus SE A320neo or Boeing 737 Max planes. Then the…

• This Is A Disaster: Thousands Fired As WeWork CEO Walks Away With $1.2 Billion

  Published 23 October 2019 | viewed 2,651 times

  Just hours after employee fury is soaring at Neumann's payout (and the reported millions in severance now agreed for the current co-CEOs), The FT reports that WeWork is…

• Four Big Pharma Companies Reach $250 Million Opioid Settlement

  Published 21 October 2019 | viewed 919 times

  Four large drug companies have reached a last-minute settlement with two Ohio counties to avoid trials blaming them for their part in fueling the ongoing…

• Reddit Trader Scores 14,000% Returns On Rogue Trade

  Published 18 October 2019 | viewed 2,219 times

  Ever since the dawn of the Internet, like-minded individuals have gathered in online chat rooms (among the more sophisticated, they were known as "forums") to…

• More And More Americans Believe A Recession Is Looming

  Published 17 October 2019 | viewed 1,306 times

  Do you believe that a recession is coming?  If so, you certainly have a lot of company.  It turns out that more than two-thirds of all…

• Why Universal Basic Income Won't Work

  Published 12 October 2019 | viewed 2,135 times

  The universal basic income (UBI) is gaining popularity as an alternative to the current welfare system. The idea is to give each citizen the same amount…

• Nasdaq Cracks Down On Small Chinese IPOs

  Published 09 October 2019 | viewed 823 times

  If you spoke to any research desk on Wall Street earlier this year, most were saying the trade war would be resolved by the end…

• SoftBank Reeling After Questionable WeWork Investment

  Published 07 October 2019 | viewed 1,308 times

  SoftBank Group CEO Masayoshi Son says he is "embarrassed and flustered" by his track record after the valuations of WeWork and Uber plunge, in an…

• Millions Missing After Marijuana Ponzi Scheme Implodes

  Published 03 October 2019 | viewed 2,443 times

  It's usually at the later innings of an economic cycle when Ponzi schemes unravel. As we've reported on numerous occasions, Ponzi implosions are gaining momentum…

• Another Retail Giant Bites The Dust

  Published 30 September 2019 | viewed 1,649 times

  Following reports earlier this month that a bankruptcy for the fast-fashion pioneer was imminent, Forever 21 filed for Chapter 11 protection in Delaware Sunday night, becoming the latest brick-and-mortar…

• Billionaire Hedge Fund Manager Hedges Against Looming Market Crash

  Published 23 September 2019 | viewed 1,807 times

  Billionaire hedge fund manager Paul Singer is the founder & CEO of Elliott Management. Singer is preparing to raise additional funds from investors to build…

• Oil Trader Loses $320 Million On Derivative Bets

  Published 20 September 2019 | viewed 978 times

  A Singapore-based subsidiary of Japanese trading giant Mitsubishi recently booked a $320 million loss after several unauthorized derivatives trades went sour, the company revealed in a…