Goodwill is asked to give a pair of shoes to a homeless woman and they said NO

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This was a really poor decision by Goodwill. It’s all donations – they get everything for free. I will no longer be donating. https://t.co/jSdXEAHqz6 — Lara Logan (@laralogan) August 31, 2026 Google AI- Large Regional Chapters: CEOs of the largest local Goodwill organizations receive total annual compensation ranging from roughly $400,000 to over $900,000, with … Read more

Investors are starting to bet against America without shorting the dollar, Warsh may be the man who inflates America’s debt away

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The dollar debasement trade is back, and it flipped the script. Money is fleeing the dollar into gold, Bitcoin, and emerging-market bonds. EM local-currency bonds are up about 6% over the past year while the dollar went nowhere, and they have returned 3.3% in 2026 against a 1.9%… pic.twitter.com/UdzofOgreR — Kurt S. Altrichter, CRPS® (@kurtsaltrichter) … Read more

Who really picks America’s CEOs?

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Let me tell you something. I know an Indian dude who runs in VC circles. He said this to me when I was having dinner. Hedge funds control most of the companies. They have a greater say in who the next CEO is. Almost all hedge funds want a CEO who: They can control Aggressively … Read more

Rate hike in Japan soon. Within a few weeks.

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💀💀 Rate hike in Japan soon. Within a few weeks. https://t.co/09jO1Q1UZq — QE Infinity (@StealthQE4) August 31, 2026 Hey 🇯🇵 Bank of Japan, you're losing control of your yield curve. https://t.co/xaS860MjkY pic.twitter.com/TYQIqVFnSM — Financelot (@FinanceLancelot) August 31, 2026 Everyone is watching for the yen carry trade to unwind. They are watching the wrong thing. The … Read more

Iran is forcing America to burn through some of its most expensive missiles

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Iran doesn’t necessarily have to overwhelm America’s defenses. It can force America to keep spending extremely expensive missiles to maintain them. Iran retaliates after first US strikes in a month Iran attacked US military targets in the Middle East on Monday in retaliation for the first American strikes on its territory in a month, in … Read more

China Just Launched a Desperate Housing Bailout

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Is China trying to bail out it’s beleaguered real estate market? That seems to be the case with the latest schemes aimed at stabilizing the sector. The timing isn’t a surprise nor is the degree of help Beijing aims to offer given the state of banks and the economy over there.  

LIVE: Treasury Secretary Bessent and Fed Chairman Kevin Warsh speak at G20 meeting – 8/31/2026

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Treasury Secretary Scott Bessent and Federal Reserve Chairman Kevin Warsh deliver remarks to kick off Monday’s gathering of the Group of 20 finance ministers in Asheville, North Carolina. The meeting of international finance leaders, central bank governors and other top officials comes at a precarious time for the world economy, as President Donald Trump’s war … Read more

Two boring industries are telling the same story: companies prepared for more demand, and the demand never showed up.

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The box story is no longer just about Amazon using smaller packaging. US corrugated box demand has weakened enough that 2025 shipments fell to their lowest per-capita level in decades, while domestic pulpwood prices have collapsed in several major timber regions. Cardboard box demand is one of the cleanest reads on the real goods economy. … Read more

Health insurance cost has quadrupled in 25 years. Health insurance costs are exploding again. Employers are already cutting back

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Employers are already considering dropping expensive benefits, including GLP-1 coverage, while ACA premiums are headed for another large increase. So you’re not just looking at an insurance company problem. The costs are starting to change what employers are willing to cover. And the progression is nasty: 2026: 20% median finalized ACA increase 2027: 15% median … Read more

Indonesia raises Sinabung to second-highest alert level

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The Geological Agency raised Sinabung from Level II to Level III after detecting a significant increase in volcanic activity. The agency says the eruption was still ongoing when its special report was issued and warns that a larger eruption remains possible. https://geologi.esdm.go.id/media-center/kenaikan-tingkat-aktivitas-g-sinabung-sumatera-utara-dari-level-ii-waspada-menjadi-level-iii-siaga-tanggal-31-agustus-2026-pukul-12-00-wib Sinabung eruption sends ash 3,500 meters above summit The eruption started at 10:17 … Read more

The $40 trillion debt number may be the smallest part of America’s fiscal problem

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The $40 trillion headline gets all the attention. The harder problem is that Washington keeps adding debt while the promises sitting outside that number keep growing too. The US National Debt has increased by over $700 billion since July 1st. The Federal Government is borrowing from our future to spend like drunken sailors today. Everything … Read more

Why Are There So Many People Living In Third World Conditions In The United States?

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by Michael There are tens of millions of Americans that are currently living in third world conditions, and poverty, hunger and homelessness are growing all around us. Many of our most important urban areas have become rotting, decaying, drug-infested hellholes. Meanwhile, there are vast stretches of rural America that look like they have been totally … Read more

Affirm is booming while consumers increasingly need four payments

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Great quarter for Affirm. However, that $14.1 billion in BNPL purchases also shows just how hard consumers are stretching their finances. Consumers just financed a record $14.1B of purchases through Affirm in a single quarter. The stock rose 9% on its first GAAP profit. Buy-now-pay-later scales fastest when households are stretching a paycheck across four … Read more

The Grand Canyon just got ripped apart by a flash flood, 62 people have already been airlifted out

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People may be missing after Saturday’s wall of water in Bright Angel Canyon. First number was about 20 unaccounted. Later they walked it toward 15. Working estimate. Not a body count. Flood hit around 2:30 Saturday. Almost every footbridge on Bright Angel Creek is gone. 62 people already flown out. More lifts from Cottonwood and … Read more