Cryptocurrency, Investing, Money, Economy, Business, AI, and Debt:
Higher Treasury Yields Signal New Era for Interest Rates
The relentless run-up in Treasury yields reflects the globe’s new economic reality: It takes a much richer reward to persuade investors to lend their money, especially for the longer run.
Coronavirus and Public Health:
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West Virginia paid digital nomads to move there during COVID. Many are staying
Iran:
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Trump Can’t Stop Pretending the Iran War Is Over
Just as he lied about COVID quickly going away, he insists Iran is desperate for peace. The attacks on U.S. service members and the Strait of Hormuz suggest otherwise.
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…Donald Trump declared that the Iran war is going ‘better than anybody expected could be done.’ He’s delusional, of course. And his delusions are the reason the price of oil is back at around $100 a barrel…
Trump’s gratuitous war on Iran has turned into a remarkable quagmire — remarkable because the only thing keeping the war going is Trump’s vanity. He effectively lost the war in the first few days, when it became apparent that Iran’s hardline regime had survived the initial decapitation strike and that the U.S. military couldn’t keep the Strait of Hormuz open.
But Trump is psychologically incapable of admitting failure. So the war goes on, weakening America by the day, as he searches for some way to spin his abject defeat as a victory.
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Politics:
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Trump Administration Admits Canceling Grants to States That Did Not Vote for Him
In little-noticed court documents, federal officials acknowledged this month that they had terminated the funding ‘based solely’ on political criteria, targeting projects in states that were represented by Democrats and had voted for Kamala Harris, the party’s presidential nominee, in the 2024 election.
The admission showed how President Trump has weaponized the provision of federal education, energy, health, housing and infrastructure aid in his second term. Far from rooting out the sort of misspending that Mr. Trump sees as rife in Washington, the White House has instead sought to leverage the budget as a tool to assist its allies — or as a cudgel to hurt the president’s foes.
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———— Saudi Nukes ————
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———— Lights On, Nobody’s Home ————
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———— Mitch is Undead ————
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———— The Epstein Coverup ————
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———— The Tate Brothers————
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———— Autocracy R Us ————
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———— Blatant In-Your-Face Corruption ————
Trump Invents the Corporate Pardon
Presidents never did that before, but the Supreme Court says corporations are people.
———— Putin&Krasnov vs. Ukraine ————
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———— Smoot-Hawley 2.0 ————
New Wrapper, Same Rotten Policy
These latest tariffs may pass muster with the courts, but will still fail our country
———— Hegseth on the Rocks ————
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———— Mors Imperii ————
Trump administration allows killing of species threatened with extinction
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Serendipity:
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Haha fantastic cover image! Looks like someone attempted unsuccessfully to remove it and it might have been applied twice!
https://www.facebook.com/share/v/198m3VanvL/?mibextid=wwXIfr shitty corporate social media but an intelligent message from a Canadian perspective.
I never understood the lies and confusion around tariffs. When they are not surgically applied, they have proven to be disastrous economically for both sides. How goddamn stupid are people to believe they are a tax on importers and not just a grift/punishment of the businesses and people in the country applying the tariffs?! Load up the governmental coffer on the backs of their own people, then NOT use that money to serve the people, protect the environment or promote peace that is felt at home?
I am certainly hoping my American friends can endure this crumbling of all that was beautiful about the country, people, system and ideals.
“No one in this world, so far as I know—and I have searched the records for years, and employed agents to help me—has ever lost money by underestimating the intelligence of the great masses of the plain people. Nor has anyone ever lost public office thereby. The mistake that is made always runs the other way. Because the plain people are able to speak and understand, and even, in many cases, to read and write, it is assumed that they have ideas in their heads, and an appetite for more. This assumption is a folly.” — H.L. Mencken
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