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Thursday, February 18, 2021

Daily Digest 2/17 – Jobless Americans Face Surprise Tax Bills On Unemployment Benefits, ‘Roaring Kitty’ GameStop investor hit with lawsuit

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Economy

How one Texas storm exposed an energy grid unprepared for climate change

A devastating winter storm that has plunged Texas into an electricity crisis offers warning signs for the U.S. as the Biden administration seeks to prepare for a future in which extreme weather is a greater risk and America is almost entirely powered by renewable energy.

Generating energy is one challenge. But an equally daunting task centers on storing power from renewable energy for extreme events like the one hammering Texas.

Bill Gates: Rich nations should move to ‘100 percent synthetic beef’

Bill Gates recently said that he believes rich nations would help the global fight against climate change by consuming only plant-based meat products instead of beef.

In a recent interview with Technology Review, Gates discussed his new book, “How to Avoid a Climate Disaster,” and emphasized the benefits rich nations could produce by moving to “100% synthetic beef.”

‘Roaring Kitty’ GameStop investor hit with lawsuit

A man who became a key player in frenzied trading of GameStop shares last month has been hit with a class action lawsuit.

Keith Gill, known as ‘Roaring Kitty’ on YouTube, allegedly duped retail investors into buying inflated stocks while hiding his sophisticated financial background.

Jobless Americans Face Surprise Tax Bills On Unemployment Benefits

In an absurd twist, many say they might be forced to use the next round of government-provided stimulus checks to pay the government.

The U.S. is about to face what has to be one of the more nonsensical policy failures of the pandemic: Millions of Americans, already struggling financially, could be hit with a huge tax bill because they received unemployment insurance last year.

Cryptocurrency Dogecoin Rockets After Elon Musk Tweets: ‘Who Let The Doge Out?’

Dogecoin suddenly leaped to the eighth-most valuable cryptocurrency on the planet Sunday after Tesla co-founder Elon Musk tweeted: “Who let the Doge out?

The digital coin with a Shiba Inu theme hit its highest value ever at 8.2 cents a coin Sunday evening, Bloomberg reported. Its previous record in late January was 7.8 cents.

A Harriet Tubman $20? That’s Just the Beginning

Less than a week after taking office, the Biden administration announced it would restart Obama-era plans to redesign the $20 bill, replacing the portrait of President Andrew Jackson with that of abolitionist Harriet Tubman, after more than four years of uncertainty about the note’s future. The decision has revived a fervent debate about who belongs on our currency, and whether the change is just another example of so-called cancel culture at its worst.

Gold & Silver

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Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to dd@peakprosperity.com. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the “3 Es.”

The post Daily Digest 2/17 – Jobless Americans Face Surprise Tax Bills On Unemployment Benefits, ‘Roaring Kitty’ GameStop investor hit with lawsuit appeared first on Peak Prosperity.



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