The latest from USA Watchdog –
Bill’s Commentary:
“Really?”
Brazil Opens Committee to Combat Climate Racism
The Brazilian government has opened applications for the National Committee to Combat Environmental and Climate Racism, marking a significant step toward placing social inclusion and climate justice at the center of national policy.
Created in the context of COP30, the interministerial committee seeks to broaden participation in climate debates and confront the deepening inequalities intensified by global warming.
Civil society organizations have until March 4 to nominate representatives to join the initiative, which brings together the Ministries of Environment and Climate Change (MMA), Racial Equality (MIR), Indigenous Peoples (MPI), and Agrarian Development and Family Farming (MDA).
Bill’s Commentary:
“Anyone who buys a 100 year bond in a fiat system should have their head examined!”
Why Alphabet’s 100-year sterling bond is raising new fears over debt-fuelled AI arms race
Alphabet’s rare 100-year sterling bond is the latest sign of late-cycle exuberance in credit markets, strategists say, as tech hyperscalers ramp up borrowing to historic levels to fund vast data center and AI infrastructure buildouts.
The century bond — the Google-owner’s debut issuance in sterling — is part of a broader multi-tranche, multi-currency borrowing drive totaling some $20 billion. The offering spans maturities across dollars, euros and sterling, and includes a debut bond in Swiss francs.
Bill’s Commentary:
“I can’t imagine why?”
China’s Central Bank Keeps Buying Gold… And Dumping US Debt
China’s ferocious appetite for gold is influencing the global metals market, and that demand is what will keep driving up metal prices, according to Michael Howell, founder of CrossBorder Capital.
The People’s Bank of China’s gold holdings totaled 74.19 million fine troy ounces by the end of January, up from 74.15 million in the previous month, according to recent central bank data.
Beijing’s value of gold reserves also surged to $369.58 billion, from $319.45 billion in December 2025.
Gold accounts for almost 9 percent of China’s total reserves, the World Gold Council estimates.
Bill’s Commentary:
“This is retarded!”
Half of Gen Z brings parents to job interviews: survey
80% said their parents have communicated with their manager at least once
Over 50% of college-age job seekers had their parents sit with them at an in-person interview, a January survey by Resume Templates found. What’s more, over 35% of surveyed individuals reported parents either writing a cover letter or performing a test assignment for them.
Julia Toothacre, a career coach and chief career strategist at the survey group, said she had never seen parents this involved in their child’s job searches in the past.
Bill’s Commentary:
“The highest level ever. Ever?”
Americans With Higher Incomes Are Starting to Fall Behind on Payments
As more Americans fall behind on their mortgage and credit-card payments, a new report sheds light on how financial stress is spreading beyond the lowest-income borrowers.
While credit-counseling agencies typically help low-income people restructure their debt and avoid bankruptcy, now people who earn higher incomes have been walking through their doors, according to the National Foundation for Credit Counseling.
The average client seeking help from credit-counseling agencies across the country now makes about $70,000 a year, with unsecured debt levels approaching $35,000, or half their annual income, according to the NFCC. Before the pandemic, the typical client enrolled in counseling made about $40,000 a year and carried $10,000 in unsecured debt, or roughly 25% of their annual income.
Bill interviewed with Sarah Westall last week during the forced crash. (Also posted under Interviews)
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