The US Federal Reserve has increased its balance sheet by about $300 billion in the last week during the banking crisis. The US Federal Reserve had been quantitative tightening from $9 trillion to $8.3 trillion, but has added $300 billion to its balance sheet. Brian WangBrian Wang is a Futurist Thought Leader and a popular …
All Silicon Valley bank deposits are guaranteed 100%. Any losses will be shared and taken from the entire US banking industry. The government is creating a fund at the discount window. A bank can give the Fed $X billion of bonds or mortgages. The fed gives them cash. This ensures that the bank does not …
The US Nuclear Regulatory Commission (NRC) has issued the final rule certifying NuScale Power’s small modular reactor (SMR), making it the seventh reactor design – and the first SMR – to be cleared by the regulator for use in the USA. The NRC accepted NuScale’s SMR design certification application back in March 2018 and issued …
Japan had nominal (exchange rate per capita GDP) in 1988 that was 117% of the US level (17% higher) but this has fallen to less than half. On a purchasing power per capita income level Japan peaked at about 80% of the US level (about the level of France and the UK) but the PPP …
The US Department of Energy reports that class 8 trucks average 62,000 miles a year. The American Trucking Association provides the following statistics on trucking in America. Trucks move roughly 72.2% of the nation’s (USA) freight by weight. US Annual Trucking Revenue: $875.5 billion in gross freight revenues (primary shipments only) from trucking, representing 80.8% …
Tesla cut the prices of their cars in the USA and Europe by up to 23%. This ensures that all by the Model Y performance will get the $7500 tax credit in the US. This price cut and the tax credit means the Model Y is selling for $22,000 less and the Model 3s are …
Jordan of the Limiting Factor goes into detail on electric semi trucks and the megacharging that will be needed. I will go over the scale of the shift for electric trucks. The motivation is that it will make trucks about 30% cheaper to operate by saving 80% of the fuel costs. It also means countries …
FreightWaves claims to be the most trusted provider of global supply chain market intelligence. They provide data on Semi truck load capacity. Big rigs are limited by federal regulation to a maximum loaded weight of 80,000 pounds including cargo. The type and weight of the truck when empty changes how much can be carried. Generally …
The Global Large and Semi truck market is 4 million trucks per year. From 2016 to 2020, China’s heavy truck sales surged from 728,000 units to 1,617,000 units, hitting new records for the consecutive four years. In 2021, a combination of factors such as sluggish freight market and demand overdraft led to an annualized 14.1% …
Here is a link to my Twitter space on Tesla for 2023. The main presentation and discussion starts 10 minutes after the Twitter space starts. Yes, Tesla and markets are way down but Tesla is setting up for a very strong 2023. There are large boosts to Tesla profits from full self driving sofware, inflation …
China’s GDP in 2021 was 114 trillion yuan and in 2022 the yuan has weakened against the US dollar. The yuan is now 7.12 to 1 US dollar. China’s nominal GDP is now 16.0 trillion instead of 17.7 trillion last year. It was 115 yen to 1 US dollar at the end of 2021. It …
