One of Google's latest projects has been the development of LaMDA (Language Model for Dialogue Applications), an artificially intelligent chatbot generator. Alas, Google has created another "woke" monster.
The United States economy may have delivered no growth in the first half of 2022 after the decline in the first quarter, narrowly avoiding a technical recession.
Peter Schiff once joked that Obama should have appointed Bernie Madoff secretary of the Treasury. The government's easy money policies ultimately lead to Ponzi schemes.
After more than a decade of monetary stimulus fueling elevated asset valuations and incentivizing an enormous leveraged bet on risk, a soft landing is impossible.
