“The ingredients are coming together for a US financial crisis”
"Trying to defer America’s fiscal reckoning by monkeying with debt instruments is the trick used by broken hegemons through the ages. It is a Faustian pact."
Notes in the Margin
Displaying 1 - 10 of 559
Hegseth is still lobbying for a $1.5 Trillion military budget
Trump wants a huge 50% increase to the war budget for his endless wars in Ukraine and Iran.
Cops shoot and paralyze man who told police he feared being “swatted.”
A man told the police he feared being "swatted" by scammers. The cops ignored this and attacked the innocent man instead.
US only has 43-day emergency buffer of crude oil left in 45-year low
More 5-D chess from Trump: U.S. crude oil supplies have fallen to their lowest level in 45 years as President Donald Trump continues to wage war against Iran.
The US is spending billions to prop up the Japanese yen.
The background: Japan is selling U.S. bonds and that's not great for the U.S. because it lowers bond prices and raises yields. In other words: higher interest rates for you and me.
Italy suspends its Schengen free movement agreement with Spain after 60,000 migrants reach Spanish territory
The locals still have some control over their own borders, unlike in the USA where the central government dictates border policy for all.
Commerce Department quietly announces 7 new equity stakes in private companies
The Trump government is expanding its ownership of the means of production. Marx would approve.
Whitney Webb: Polymarket is a tool of federal mass surveillance
“Polymarket and Palantir are partners... The goal is not just … mass surveillance ... It’s predictive policing. ...This is the privatized panopticon.”
It turns out Trump blew up all those boats in the Caribbean for nothing.
The claim that the US attacks on "drug runners" in the Caribbean has not affected the drug trade at all.
Japanese population drops for 17th year in a row, down to below 120 million
The number of Japanese residents fell by 916,744, or 0.76%, to 119,736,483, marking the 17th consecutive year of decline, and the sharpest drop on record.
