This week in the China Shop, you’d think the debt ceiling would be the thing to unite congress, but it’s actually AM radio?? Also discussed is Musks ongoing crusade against remote workers and China’s predatory lending to third world countries. In Stock News, Buffett cuts his stake in RH and TSMC while BABA looks to spinoff it’s cloud assets. Over in the Crypto Corner, the US can’t agree on regulations while the EU shows that it can be done and in the Bet, the Bulls smell blood in the water as they look to finish off Random early…

2 Bulls in a China Shop: 05/19/23

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Lawmakers Unite to Make AM Radio Mandatory in Vehicles
Musk Calls Work from Home ‘Morally Wrong’
Yellen Tells Bank CEOs More Mergers May Be Necessary
Economist Claims Yellen is Bluffing About When US Will Run Out of Money
China’s Predatory Lending Practices
Record 1 in 5 Unemployed in China
Buffett Cuts Stake in RH
Buffett Also Exits TSMC
FarFetch Surges Again?
BABA Spinning Off Cloud Intelligence Group
House Stablecoin Hearings 2.0 Making Little Progress
EU Passes Sweeping Crypto Rules
Confessions of an Economic Hitman

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