🇨🇳 China's BYD just became the FIRST carmaker to break the 500 km/h barrier with a production car.
And it did it with an ELECTRIC vehicle.
The Yangwang U9 Xtreme hit an astonishing **503.17 km/h (312.65 mph)** on a closed highway in Abu Dhabi, with German racing driver Marc Basseng behind the wheel.
Nearly 3,000 horsepower. Four electric motors. And a new FIA-recognized speed record.
For decades, European supercar manufacturers dominated the race for outright speed.
Now a Chinese EV has crossed a barrier none of them managed to break.
Writer: Oliver
Warren Buffett watched the Dow Jones close at 874.12 on December 31, 1964. Seventeen years later, on December 31, 1981, it closed at 875.00. The American economy nearly quintupled in that time. Fortune 500 sales more than sextupled. The stock market went nowhere.
One force held it down. Interest rates went from just over 4 percent to more than 15 percent.
Buffett called it gravity. He said interest rates act on financial valuations the way gravity acts on matter. The higher the rate, the greater the downward pull. He said interest rates power everything in the economic universe.
In 1982, Paul Volcker pushed short-term rates to 21 percent. Buffett said you could look at a stock selling at six times earnings and it still was not attractive. Gravity was that strong.
Then gravity reversed. Rates started falling. If you had put $1 million into 14 percent 30-year government bonds on November 16, 1981, that money grew to $8.18 million. But stocks did better. One million dollars in the Dow in 1981 became $19.72 million by 1998. That is a 19 percent annual return for seventeen years straight.
Buffett explained the math. When the 10-year Treasury sat at 2.15 percent in 2017, that implied 45 times earnings for stocks. He said the earnings are not going to go up. Only the rate you discount them at changes the price.
He put it another way. If interest rates were zero from now until judgment day, you could pay almost anything for any asset. And if rates were 21 percent, almost nothing would look cheap enough to buy.
In September 2026, the 10-year Treasury hit 5 percent. That means the market is priced at roughly 20 times earnings. Gravity is back.
Buffett never said to predict where rates are going. He said to understand what they are doing right now.
You can’t stop the disappointment.
You can’t force people to treat you
right.
You can’t prevent every loss.
But you can choose your response.
You can choose your standards.
You can choose to come out of it
stronger.
You can’t control the setback.
You can control the comeback.
The goal isn’t to build a life where
nothing hurts.
That life doesn’t exist.
The goal is to become someone who
can take the hit without losing
themselves.
Someone who gets rejected & keeps
moving.
Gets betrayed and stays true to their
values.
Gets knocked down and gets back up.
You don’t need control over everything.
You need control over you.
I think im starting to like this new guy for one nation. Bring on march 2027 state election
One Nation NSW just delivered one of the most brutal takedowns of wind and solar ideology in Australian politics, this is worth a watch.
Mike Newman is our new leader for One Nation NSW, welcome to the team!
🚨BEN ROBERTS-SMITH REACTS TO GINA RINEHART’S VETERAN HOUSING PROJECT 🔥
Gina Rinehart has announced that an A$8.75 million apartment complex in Scarborough will be named in honour of Ben Roberts-Smith.
The former SAS soldier is reported to have responded emotionally, saying the recognition was something he never expected.
The announcement forms part of Rinehart’s broader A$200 million commitment to veteran housing.
Supporters have welcomed the project as meaningful support for returned service personnel.
Others say it will renew discussion about how Australia recognises veterans.
The story has quickly drawn national attention.
This is the moment a major private initiative for veterans entered the spotlight.
👀FULL STORY:
https://t.co/iktW6FHjfQ
Main Character Energy
Sophie Cunningham walked in serving cute face, hot look, and “yes, I know I look good” energy 🔥😂
At this point, the outfit isn’t doing the work… Sophie is.
Ray Hadley just dropped a truth bomb.
Zen Energy – South Australia’s second biggest renewables supplier – has collapsed into liquidation with $1 billion in debts.
Losses exploded from $69 million to $322 million in a single year.
Chris “Casanova” Bowen keeps telling us coal is dead, gas is dirty, and nuclear is completely off the table, renewables are the only future.
Australia was sold a pup.
While other countries are racing to build nuclear, we’re still banned from even having the debate.
The result?
Collapsing renewable companies and an energy system that can’t keep the lights on without coal and gas.
We need coal, gas and nuclear.
The sooner this government wakes up, the better.
Former AFP (Australian federal police) superintendent explains how Albanese and his crooks have Setup Ben Roberts Smith. They basically changed their law so they can charge him. Treasonous traitors. #auspol
BREAKING 🚨: Housing Market
The largest mortgage lender in the United States, United Wholesale Mortgage, fell to an all-time low after suffering its largest drop in history 📉 📉
🤣 PULP FAUCI FICTION.
After Anthony Fauci repeatedly invoked the Fifth Amendment, the internet did what it does best...
It made a parody.
This is brilliant. 😂
🎥 Watch the clip. 👇
🟠 JIM CHALMERS NEVER HAD TO WRITE THE WORD DEATH. HIS NEW TAX IS TRIGGERED BY A CHANGE OF OWNERSHIP, AND DYING CHANGES THE OWNERSHIP 🟠
From 1 July 2027, Treasurer Jim Chalmers' capital gains law freezes a tax bill on every asset you own, worked out on 30 June 2027 whether you sell or not. It falls due at what the Act calls a "realisation event", and that means any change of ownership, not just a sale.
Dying transfers ownership. So does a divorce settlement. The Act never says whether either sets the bill off, because across all 73 pages it never mentions death, deceased estates or divorce.
Chalmers scrapped one measure critics called a death tax on 18 June. The package was law 8 days later with this one still in it.
We've broken it into three tables: how the tax changes, what a death or divorce does to your family, and what it costs on a $1 million gain.
Read the full story here: https://t.co/jUQnrL8Ya2
Don't miss what really happened, our daily newsletter, right in your inbox for FREE, or go paid to support the cause:
https://t.co/rT5h9eplo5