Independent thinking for complex markets and current events
A federal judge on Friday declined to block Elon Musk’s government cost-cutting department from accessing the U.S. Department of Labor’s systems, an initial setback for the government employee unions resisting his efforts to shrink the federal bureaucracy. The temporary ruling by U.S. District Judge John Bates in Washington, D.C., is the first step in a …
Authored by Charles Hugh-Smith via oftwominds, The artificial hill of pottery shards is puny and localized; the consewuences of our system will bring down the system in ways the system is completely blind to. We’re all familiar with the plot device of the self-destruct sequence counting down while our hero / heroine frantically tries to …
meanwhile stock market 😂 pic.twitter.com/42t88hpxDv — Punet (@pm_2781) December 10, 2024 Historically, extreme retail investor bullishness has often been associated with market tops or speculative bubbles. For example: Dot-com Bubble (Late 1990s): During the late 1990s, retail investors poured into tech stocks, driving valuations to unsustainable levels. The Nasdaq peaked in March 2000 before a …
I srael attacked “strategic weapons systems, residual chemical weapon capabilities and long-range missiles and rockets” in Syria to prevent extremist groups from obtaining them, foreign minister Gideon Saar said Monday. Some unverified videos purported to show the Russians move large military hardware inside Syria, but it was anything but clear whether the two key bases …
Israel is destroying Syrian air bases, military and defense systems, intelligene, military & government structures. Basically they're demilitarizing Syria. https://t.co/inj2U1yVJ1 pic.twitter.com/ysIn6VI20Z — MenchOsint (@MenchOsint) December 8, 2024 https://twitter.com/_/status/1865787365748334876
So far, almost nobody in the west fully comprehends the Oreshnik weapon system just demonstrated by Russia. Hat tip to Ted Postol, Scott Ritter and Brian Berletic, the only 3 people I’ve found so far who fully understand this. I’ve done the math on the kinetic energy of the submunitions (using estimates for mass), and …
**Tether Alert** The idea that Wall Street is embracing Tether and Bitcoin is much clearer.The more Tethers are being bought, the higher Bitcoin goes. The higher Bitcoin goes the more Tethers are being bought. As Tether grows in size the more US Treasury debt is being… https://t.co/SwF1Ha6rQf — bob coleman (@profitsplusid) November 13, 2024 The …
Amid widespread concerns of outside interference influencing the results this year’s presidential election, the head of the country’s cybersecurity agency says election infrastructure is more secure than ever. State and local election officials across the country have made big improvements to strengthen both physical and cyber security at polling and voting locations to preserve election …
Our banking system seems fantastic if you’re living in a middle-class bubble. We get a safe place to store our money with instant access whenever needed. We also get paid in interest for safely storing our cash. But these systems don’t work for everyone. Millions of the unbanked poor know that the system won’t help …
Source: https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20240731.pdf TLDRS: The Federal Reserve’s July FOMC meeting minutes highlight economic concerns and financial vulnerabilities. Usage of the Overnight Reverse Repo (ON RRP) facility slightly declined, with a more noticeable decrease expected later in the year due to increased Treasury bill issuance but could change due to idiosyncratic factors specific to some ON RRP participants. …
Fire breaks out at nuclear plant after Ukrainian attack – governor (VIDEO) The Zaporozhye facility has been put into cold shutdown as a precaution while emergency workers fight the blaze The Zaporozhye Nuclear Power Plant (ZNPP), the largest such facility in Europe, has caught fire after being shelled by Ukrainian forces, the governor of Russia’s …
Already now pensioners have often higher standard of living than working group. It's not bad, but they come from prosperity times, whilst now Europe is in crises.I know many people that need to get support from their older parents. — Dul Theory (@DulTheory) July 22, 2024 Remember when Germany was lecturing Greece, Spain, Italy & …
The United States has made a significant decision regarding air defense systems for Ukraine. In light of Russia’s renewed attacks on Ukraine’s power grid and infrastructure, the White House has prioritized delivering newly-made Patriot and NASAMS missile systems to Ukraine over existing orders from other allies. This move aims to bolster Kyiv’s air defense capabilities, especially as Russia escalates its …
CDK Global, a company that provides auto dealerships across the U.S. with software for managing sales and other services, has been hacked, prompting the company to temporarily shut down most of its systems. That is effectively preventing about 15,000 car dealerships from making sales. General Motors dealerships rely on CDK’s systems, as does Group 1 …
Going into this past week, the highest Nvidia daily call volume was 5 million set in March of this year. This past week, it surpassed that record four times. The highest call volume on record was Friday, almost 10 million. I think we're seeing PEAK AI. pic.twitter.com/Uy36eqjJ5N — Mac10 (@SuburbanDrone) June 16, 2024 https://twitter.com/MichaelAArouet/status/1802658401056367089 Core …
So apparently the US Supreme Court has just given 40 US states the green light to begin issuing their own gold and silver-backed currencies. Quote from the SC decision: “The United States maintains a dual system of banking, made up of parallel federal and state banking systems. That dual system allows privately owned banks to …
The effectiveness of Patriot interceptors is questioned due to a reported 25% interception rate. Instances of failure and false identifications raise doubts about its reliability. Israel plans to replace the Patriot with more advanced air defense systems. 🇮🇱🇺🇸 25% interception rate by Patriot, so how does it shoot down hypersonic missiles in Ukraine? -> They …
The international community is scrambling to provide Ukraine with air defense batteries, but two key countries, Spain and Greece, have declined to donate their systems. Despite Ukraine’s urgent need for at least seven advanced air defense batteries to protect its cities and critical infrastructure from Russian attacks, Madrid and Athens are prioritizing their own security …
The U.S. military declared on Monday the successful elimination of air defense and drone systems belonging to Yemen’s Houthi forces in the Red Sea region. Despite the operation, there were no reported injuries or damages to commercial, U.S., or coalition vessels. According to the U.S. Central Command, the targeted strike destroyed an air defense system …
OGDEN — Boeing announced Tuesday that it was awarded an additional $405 million contract to continue “extreme environmental testing” on nuclear weapons components at Hill Air Force Base. The contract was first awarded in September 2017, for $154 million. In February, it was extended for another five years, making the total amount of the contract …
Looks like the cargo ships have a redundancy for if they "lose power" and still need to steer – because that's an essential function 👀👀👀 But the narrative out there is that the ship lost power and couldn't steer … 🤔 pic.twitter.com/nk4gmhMJfP — Ryan Tyre 🇺🇸 (@ryantyre) March 27, 2024
McDonald’s finds itself grappling with a significant crisis as a widespread IT outage disrupts operations across multiple countries, leaving customers stranded and frustrated. Since approximately 3:10 PM, internal systems have remained offline, plunging stores into uncertainty about when service will resume or the root cause of the blackout. The severity of the situation has forced …
Russian forces destroyed 2 American Patriot systems in a day. The cost of each is $400 million for the system and $690 million for the missiles, a total of $1.1 billion 40 million Americans are living in Poverty. And half of American tenants can't pay their rent. pic.twitter.com/uvpQMOpaN7 — Chay Bowes (@BowesChay) March 9, 2024 Report …
“An appliance used to be a machine. Now it’s a bureaucracy.” “Things used to work in this country. This is the stock complaint of the Baby Boomers, and if you are lucky enough to inherit a piece of their technology, you may find yourself agreeing. But when I say ‘things used to work,’ the object …
The idea is that a digital currency, especially if fully controlled and monitored by a government, could raise issues related to surveillance and control over financial transactions. "I see central bank digital currency as the single biggest threat to human liberty" "Once your money can be controlled, censored, and monitored by the government, then that …
U.S Officials: The United States is sending air defense systems to the Persian Gulf countries. pic.twitter.com/ITztHhB0qk — Iran Observer (@IranObserver0) October 24, 2023 A squadron of US Air Force F-16 fighter jets arrived in Jordan and Saudi Arabia to strengthen the American military presence. A squadron of US Air Force F-16 fighter jets arrived in …
MAJOR UPDATE: U.S. Government Sending Powerful THAAD Missile Systems and Patriot air Defense Battalions to the Middle East Pentagon sites attacks on US troops as reason for move! The United States has sent a massive amount of naval power to the Middle East, including two aircraft carriers, their support ships, and about 2,000 Marines. Washington …
With insolvency issues lurking beneath the surface, particularly driven by losses on older US Treasury bonds and commercial real estate loans. The Fed’s rate hikes could exacerbate these problems, potentially leading to significant losses for foreign banks. I honestly think that at least half of the banking systems in Australia, Canada, China, EU, Japan, UK …
via news.usni.org: Marines are looking to push as many tasks as possible to autonomous systems as the service aims to operate across wide swaths of the Pacific. The Marines are working on several avenues to add autonomy to the service, Lt. Gen. Karsten Heckl, Marine Corps deputy commandant for combat development and integration, told the …
