BRITAIN CANNOT AFFORD ITS EMPIRE

by Martin Armstrong UK Defence Secretary John Healey suddenly resigned because the government cannot find the money to fund military commitments. In his resignation letter, he openly accused Prime Minister Keir Starmer and the Treasury of refusing to commit the resources needed to defend the country at a time of rising geopolitical tensions. When a defence …

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AI’s Insurmountable Flaw: “Mass Regurgitation of Misinformation”

Authored by Charles Hugh-Smith via oftwominds, These immense hidden costs will not show up in GDP until they collapse the entire house of speculative gambling cards propping up the global economy. I approach all AI topics with several things in mind. One is the nature of problems, which implicitly define what qualifies as solutions, and the resulting incentive …

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The Countdown to a Major Oil Price Surge Has Begun

via Oil Price: Commercial oil inventories are being drawn down at an unusually rapid pace to compensate for supply losses linked to the closure of the Strait of Hormuz. The world could soon approach operational inventory thresholds where supply chains become stressed, volatility rises, and fuel shortages emerge. Markets remain overly optimistic about a quick …

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Amazon said its data centers used 2.5 billion gallons of water worldwide last year, or about 5% of the amount metro Seattle consumes annually

Amazon said its global data-center operations withdrew about 2.5 billion gallons of water in 2025, as data center companies around the world face growing scrutiny over the environmental impact of artificial intelligence. The company disclosed the figure in a blog post Thursday outlining its water-efficiency efforts. Amazon said water use at sites it owns and …

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Bud Light branding is up on the White House grounds ahead of Sunday’s UFC fight.

Bud Light branding is up on the White House grounds ahead of Sunday's UFC fight (Saul Loeb/Getty) pic.twitter.com/tndgJ6KMT0 — Aaron Rupar (@atrupar) June 11, 2026 Got to get back in MAGA’s good graces! pic.twitter.com/c6DCQAGYLO — mamma says! (@mammasaysstuff) June 11, 2026 The left can’t handle this much winning. After they forced us to watch pride …

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The girl who danced at the graduation ceremony has had her diploma revoked

A female student danced very energetically and excessively while receiving her diploma at a university graduation ceremony. She jumped, spun around, and tried to make it a big personal show, which disrupted the formal event. The university later revoked her diploma as punishment. They said graduation is a collective, solemn ceremony for all students, not …

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The story of Liberia

Starting in 1820, around 20,000 Black people voluntarily departed from America to establish the country of Liberia in West Africa. It was supposed to be a democratic utopia for and by Blacks. This is Liberia 179 years after its founding: https://t.co/cv9B1Gudvg pic.twitter.com/WxNDPbIrHJ — Bad Hombre (@Badhombre) June 11, 2026

IRAN MEDIA REPORTS ON DRAFT AGREEMENT WITH USA — 7 POINT MEMORANDUM. If true, this is worse than Obama’s deal.

Iran to receive $24B in frozen funds and $300 billion in Reparations. Iran will continue charging tolls on Hormuz. via aa.com.tr “Iran’s official news agency IRNA on Friday published the current outlines of a draft memorandum of understanding with the US, offering a more detailed picture of Tehran’s position and highlighting both similarities and differences …

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Midwest migration just flipped the entire Sun Belt script

People flooding into cheap Midwest spots like Indianapolis Columbus Louisville Sun Belt magnets like Florida Texas Arizona now bleeding residents Bank of America data confirms the regime change Affordability crushing the old boomtown hype 1) This represents a massive regime shift in the housing industry, as many of the underlying assumptions investors and builders had …

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Gambling on the SpaceX listing is going to kill everything else in the market

🚨 BREAKING — IT'S OFFICIAL: Elon Musk becomes the world's first TRILLIONAIRE as SpaceX goes public This is absolutely MONUMENTAL. Congratulations @ElonMusk! To the moon! 🚀$SPCX is set to start trading at $135 per share imminently, valuing the company around $1.8 TRILLION. pic.twitter.com/hyyMcHC4Rc — Nick Sortor (@nicksortor) June 12, 2026 The 1.77 trillion dollar price …

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The inflation story is a fraud and the pipeline data confirms a repeat of the 2021 collapse

GainsPainsCapital proves wall street is peddling the energy blip narrative to distract from a catastrophic upstream price surge CPI at 4.2 percent is not the story because it is a lagging indicator that captures nothing This chart should concern every investor right now. US CPI printed 4.2% for May. Third consecutive month of acceleration. March: …

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Social Security could be cut by 22% as inflation drives up prices

Social Security benefits could be cut by 22% in six years if action isn’t taken, according to the annual report from the Social Security Board of Trustees. Millions of retirees and other Americans could soon see a significant cut in their monthly benefits payments from the Social Security Administration if Congress doesn’t act fast. According …

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Iran media: Tehran will not surrender control over the Strait of Hormuz in any deal with the United States.

🚨BREAKING: 🇮🇷🇺🇸 Iran media: Tehran will not surrender control over the Strait of Hormuz in any deal with the United States. Source: Al Jazeera / Writer: Samuel https://t.co/syEMM2Fhqu pic.twitter.com/fNRninukTl — Mario Nawfal (@MarioNawfal) June 12, 2026 JUST IN: 🇮🇷🇺🇸 Iran says part of its frozen assets will be released immediately after signing a deal with …

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The SpaceX IPO is a masterclass in separating market value from economic reality

The market is currently pricing a speculative dream while ignoring the cold math of capital efficiency SpaceX just hit a $1.78 trillion valuation with a direct listing that ignored traditional wall street roadshows Compare that to Microsoft which holds a market cap near $2.9 trillion while generating massive recurring software profits Investors are pouring capital …

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