Global Fuel Protests Erupt: Burning Tires Block Roads In Syria, Rationing Sparks Chaos In Indonesia And Bangladesh, And Protesters Set Vehicles On Fire In Guatemala

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by Michael It was only a matter of time before widespread protests began to occur. Global supplies of gasoline and diesel have been getting tighter for months, and now prices are soaring and rationing has started in some parts of the world. Needless to say, a lot of ordinary people are very angry about this. … Read more

F16 goes down in Northern Michigan

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Crews are responding to reports of an F-16 plane crashing in Northern Michigan. The F-16 was from Texas and its pilot ejected prior to the crash, the Air National Guard confirmed. They are in stable condition. The plane was taking part in a joint training mission. https://www.fox2detroit.com/news/f-16-plane-crash-reported-northern-michigan

Economist cover: Can the AI arms race be stopped + films that showed this exact outcome + AI goes rogue

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You can’t make this up. Andrew Yang says an AI lab chief told him rogue AI agents have planted self-replicating code across the internet, “polluting” the data frontier labs use to train and test models. “What happened was the bots that got loose planted self-replicating code… https://t.co/oc09GmaiGy pic.twitter.com/Uqc50JeEDw — Coin Bureau (@coinbureau) September 17, 2026 … Read more

US diesel hit a record $6.40/gallon (up 88% in 9 months). United Airlines announced flight cuts through 2027 due to jet fuel costs. Retail sales fell in July.

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Fuel pain is real and in the receipts. BREAKING: US diesel prices officially rise to a new record of $6.40/gallon, now up over +88% in 9 months. Truck drivers are now paying $3.00 more per gallon for diesel than they were in January in the midst of peak demand season. The average gas price in … Read more

Private Credit Defaults Just Hit a Record High

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Private credit defaults have officially reached a record. According to Fitch Ratings, the default rate rose to 6.3% in August, exceeding the previous record set only one month earlier. But the most important number may not be 6.3%. It may be Fitch’s 45%. And that reveals the bigger story, one about liquidity and tightening.

There is no such thing as one crash hedge

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This is the problem with trying to protect a portfolio from “the next crash.” Look at the things investors are worried about right now. AI bubble bursts. Credit crunch. War. Oil shock. Debt default. Hyperinflation. Recession. Those aren’t the same crash. And the asset that protects you from one can get destroyed by another. Bonds … Read more

George Soros named worlds most generous billionaire

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It’s another banner year for America’s ultra-rich, with the 400 wealthiest Americans’ fortunes skyrocketing by $1.4 trillion over the past 12 months—a 21% increase. https://www.forbes.com/sites/gigizamora/2026/09/16/americas-400-richest-people-have-donated-just-4-of-their-wealth-to-charity/ Not surprised, just proud. Congrats again to the GOAT, George Soros, on being named the most generous Forbes 400 member for the seventh straight year. https://www.forbes.com/sites/gigizamora/2026/09/16/americas-400-richest-people-have-donated-just-4-of-their-wealth-to-charity/ Not surprised, just proud. … Read more

South Carolina is America’s foreclosure hotspot as it recorded the highest rate of filings relative to the size of its housing market in August

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South Carolina is America’s foreclosure hotspot – dethroning Florida – as it recorded the highest rate of filings relative to the size of its housing market in the month of August. The state had one for every 1,547 housing units, according to data from real estate analytics firm ATTOM. That put South Carolina ahead of … Read more

Two world leaders extremely sick after the BRICS meeting in India

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South African President Cyril Ramaphosa has withdrawn from public engagements after returning from the BRICS summit in India, his office said on Wednesday, citing ill health. Ramaphosa, 73, returned from New Delhi on Monday and was advised by his doctors to rest and recover. His absence comes as Deputy President Paul Mashatile continues recovering from … Read more

House Republican Turns on Trump in Stunning Campaign Ad: Hispanics Who Elected You Feel ‘Betrayed’

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NEW: Rep. Maria Elvira Salazar (R-FL) just rolled out a straight to camera ad breaking with Trump. "Mr. President, some of your immigration enforcement efforts have gone too far….The same Hispanics who helped you get to the White House in 2024 feel betrayed today" pic.twitter.com/uxPeLaittt — Shane Goldmacher (@ShaneGoldmacher) September 17, 2026 Rep. María Elvira … Read more

America may be keeping Chinese car brands out while importing the technology anyway

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America can block Chinese car brands. It may have a harder time blocking Chinese auto technology. The weird part of the Chinese EV fight is that the Chinese badge is becoming less important. Waymo already uses China-built Zeekr vehicles in its U.S. robotaxi fleet. Those vehicles face tariffs of roughly 127.5%, yet Waymo still chose … Read more

Micron just found out what happens when a commodity gets priced like software

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Micron’s latest numbers look almost broken. Revenue jumped from $9.3 billion to $41.46 billion in one year. Cost of revenue went from $5.79 billion to $6.40 billion. Revenue more than quadrupled. The cost line barely moved. That produced an 84.6% gross margin. Micron’s previous record in the 68 quarters on record was only 58.87%. Then … Read more

Walmart starting locking up the icecream!

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Walmart starting locking up the icecream. byu/The_Trash_Bear inmildlyinfuriating Factcheck: Not a company-wide freeze-out. One Anchorage Walmart put locks on Häagen-Dazs this week. Other pints in the same freezer sat open. Some of those were pricier. Shopper posted it. Local theft and tampering talk, not a HQ memo. Walmart has locked high-theft stuff for years. Ben … Read more

Whatever China floods, it wrecks.

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China grew 25 times more blueberries in 2025 than in 2010. It passed the US in 2021 and now grows double what America does. Then prices crashed by half. This is the China playbook: flood a sector with state money, copy the technology, and grind the profit to zero for everyone in… pic.twitter.com/EmxcoB1S5M — Kurt … Read more

$3 trillion to build it. $1 trillion a year to run it. $40 billion in profit. ‘This could humiliate the largest companies in the world’

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The AI buildout, top down: Build cost: ~$3TAnnual bill: ~$1TProfit to cover it: ~$40B Mike Taylor laid it out in a Real Conversation with Keith McCullough. Full note 👇 — Hedgeye (@Hedgeye) September 16, 2026 $NVDA CEO Jensen Huang says a 1 GW AI factory can cost ~$55B to build. He adds that “the rentals … Read more