How Yieldstreet left customers with massive losses.

Yieldstreet is one of the best-known examples of American startups with the stated mission of democratizing access to assets such as real estate, litigation proceeds and private credit. But some Yieldstreet customers who participated in its real estate deals face huge losses on investments that they say turned out to be far riskier than they …

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Sam Altman says ‘yes,’ AI is in a bubble

As economists speculate whether the stock market is in an AI bubble that could soon burst, OpenAI CEO Sam Altman has just admitted to believing we’re in one. “Are we in a phase where investors as a whole are overexcited about AI?” Altman said during a lengthy interview with The Verge and other reporters last …

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‘Investors See Nothing But Blue Skies’

via Jesse Felder “Investors now rely on an ever-expanding Bubble Term that was driven by ‘free money’ monetary and fiscal policies that will not only have to persist – but will have to expand without limit in order to keep up with that Bubble Term,” writes John Hussman. LINK As Gunjan Banerji explains, “There has been a generational …

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Heartbreaking. It’s a reminder that AI can feel real, but it’s not a substitute for human connection.

Heartbreaking. It’s a reminder that AI can feel real, but it’s not a substitute for human connection. — Jamal Amin (@JamalibnAmin) August 16, 2025 A cognitively impaired New Jersey senior died while trying to meet a flirtatious AI chatbot that he believed was a real woman living in the Big Apple — despite pleas from …

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AG Pam Bondi has just DEPUTIZED Secret Service and DC Metro Transit officers, giving them warrantless arrest powers in DC

People don’t seem to realize “warrantless arrest powers” simply means the agent can arrest individuals they witness committing crimes (or have probable cause to believe the individual has done so) It’s not like habeas corpus has been suspended. They’re allowed to be cops now. — Nick Sortor (@nicksortor) August 17, 2025 “Attorney General Pam Bondi …

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US job cuts hit 806,383 YTD, the highest since COVID and the 2008 financial crisis.

🇺🇸 US Challenger job cuts 806,383 YTD. Highest since COVID and the Global Financial Crisis! Chart: @AugurInfinity pic.twitter.com/A8ufO4gP4W — Alex Joosten (@joosteninvestor) August 16, 2025 “Through the end of July, U.S.-based employers have announced more than 800,000 job eliminations in 2025. That’s the highest number of jobs lost through the same period since 2020, when …

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Liquidity warning from a senior Euro bank exec

via GLP: A friend of a family member (big bank exec) just warned me – something very ugly is about to break Ok, I don’t usually post this kinda thing but after talking with a person acquainted with my family (he’s senior in risk division at one of the big Euro banks, can’t say which …

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NY millionaires bankroll politicians to kick locals off Boca Grande beach, island businesses fume

This is textbook corruption in America – A group of multimillionaires from New York moved and bought beachfront property in a small town called Boca Grande, Florida– The beach is public and the only way to access it for the local residents is to go to the island, park and enjoy… pic.twitter.com/JGy18Qcs7Y — Wall Street …

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National Guard soldiers in DC are preparing to carry WEAPONS

🚨 JUST IN: National Guard soldiers in DC are preparing to carry WEAPONS, per WSJ I REALLY hope this is true. The National Guard NEEDS to be armed in a vioIent city like Washington. No way to restore law and order otherwise! pic.twitter.com/B1MThCsRCY — Nick Sortor (@nicksortor) August 16, 2025 Friday night briefing. National Guard …

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Social media star who doxxed ICE agents arrested in LA

Turns out doxxing the cops has consequences. BREAKING – Tatiana Martinez, an illegal residing in LA who built a career on social media by doxxing ICE agents and directing her followers to harass them and disrupt their arrests, has now been arrested herself. pic.twitter.com/1o9Paq6A1H — Right Angle News Network (@Rightanglenews) August 16, 2025

Gold Market Momentum: Jeff Clark Sees Bull Run Far from Over

via moneymetals In a recent Money Metals podcast, host Mike Maharrey spoke with Jeff Clark, a veteran gold and silver analyst and founder of TheGoldAdvisor.com, about the state of the precious metals markets, mining stocks, and the forces shaping investor sentiment. Clark launched The Gold Advisor during the COVID-19 pandemic and is the author of Pay Dirt: How to Strike Pay …

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China slows down on new loans, looks like everyone’s thinking twice before borrowing

Economic momentum is slowing, yet officials keep pushing optimistic headlines. Ignoring these signals will hurt sooner or later, and ordinary people will feel the pinch first. Real estate makes up around 70% of gross household wealth in China 🇨🇳 Every 5% decline in home prices will wipe out 19 trillion yuan (~$2.7 trillion) in housing …

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