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by Michael Our culture is being transformed at a pace that is difficult to comprehend. The numbers that I am going to share with you in this article paint an undeniable picture about where our society is heading. That doesn’t mean that the trends that we are witnessing now are permanent. We have been through … Read more
Meta has taken a “don’t ask, don’t tell” strategy when it comes to the safety of children on its social media platforms, according to a whistleblower who testified during a landmark trial against the company on Tuesday and Wednesday. Arturo Béjar, a former Meta safety engineer, told the jury that the company was aware of … Read more
Russia launched a major overnight missile barrage on Kyiv around midnight local time on August 20 that included Zircon hypersonic missiles, Iskander-M ballistic missiles, and North Korean KN-23s. Explosions rocked the capital after a large combined strike of ballistic and hypersonic missiles. Open-source trackers and Ukrainian reports list multiple Zircons, Iskanders, and at least two … Read more
Stripe on Wednesday told investors that January 1st marked the “beginning of the singularity,” which it refers to as a major inflection point in longterm trends, according to a letter obtained by Axios. Why it matters: The payments giant believes that being privately held is the best structure for such a consequential moment, which suggests that … Read more
Something is happening to the American middle class that is getting harder to ignore. You can work. You can earn more. You can own a home. You can have a retirement account. And still feel like you are falling further behind. The numbers tell a pretty ugly story. The top 1% now owns 31.6% of … Read more
Cancer treatment could face landmark moment with promising vaccine A therapy using the same mRNA technology in coronavirus vaccines showed positive results in a trial for skin cancer patients, drugmakers Moderna and Merck said. An experimental drug that uses messenger RNA to deliver a vaccine customized to a patient’s tumors effectively prevented skin cancer recurrence … Read more
President Trump posted on Truth Social announcing the “most crushing economic operation ever taken against any country” aimed at Iran, extending the existing pressure campaign known as Operation Economic Fury. https://www.cnbc.com/2026/08/19/us-iran-war-trump-hormuz-economic-warfare.html 🇺🇸 President Trump just posted this: "I am announcing the MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY! This will be Economic Warfare … Read more
Fitch’s 60+ day delinquency rate for subprime auto loans hit 6.90% in January 2026. That was higher than the worst levels reached during the 2008 financial crisis. The rate has eased since then, reaching about 5.67% in June. But that’s still an extraordinary level of stress. And this isn’t happening in some tiny corner of … Read more
When the entire world’s bond buyers demand higher pay at the same time, every long-duration asset including houses gets hit harder. Everyone is waiting for a 2008-style crash. They're going to miss what's actually happening. 2008 forced people to sell. 2026 prevents people from buying. One was a foreclosure crisis. The other is a frozen … Read more
In September 2019 she paid roughly $1,200 during a House hearing and announced the new balance. Later statements put the remaining debt around $17,000 to $19,000. Annual House disclosures keep listing the same $15,001–$50,000 range. She has earned a full congressional salary of about $174,000 for nearly eight years. She continues to support broad student … Read more
During a recent South Florida TV interview, DSA congressional candidate Oliver Larkin said that Israel is committing genocide in Gaza, a statement host Glenna Milberg repeatedly called factually wrong before cutting short the interview. Jimmy and Americans’ Comedian Kurt Metzger argue that the definition of genocide includes what Israel has done in Gaza, including killings, … Read more
Trump has announced that the U.S. is leaving NATO because European nations refused to join his war against Iran.pic.twitter.com/OFhgSxUdA9 — ThePatrioticBlonde™🇺🇸 (@ImBreckWorsham) August 19, 2026 Factcheck: Trump has repeatedly threatened to pull the US out of NATO and criticized European allies for not joining or supporting operations related to the Iran conflict. He has reduced … Read more
Alphabet (Google) stopped its long-running stock buybacks in 2026 to pour money into AI infrastructure. The company that used to be its own biggest buyer of shares is now issuing debt at higher coupons instead, including long bonds around 6.5%. https://x.com/StealthQE4/status/2089943019872997571
Gazprombank lost the most, shedding 10.77% of household deposits over four months; Rosselkhozbank gave up more than 15%, roughly one in every seven rubles held by individuals; Alfa-Bank, the largest private lender, lost 5.6%; Sovcombank fell 8.1% Cash exiting the banking system entirely—shows a wider retreat: about $9.4 billion was converted into physical currency in … Read more
The NTSB is releasing hundreds of pages of investigative records, including surveillance, doorbell and dashcam video, photographs and flight data.
Treasury just doubled its bond buybacks. I don’t think this is YCC yet. But it could be a sign that we’re heading in that direction. QE is back! 🙌 https://t.co/S9a2BeT4pe — QE Infinity (@StealthQE4) August 19, 2026 First, what is YCC? Yield curve control means the government decides that a certain Treasury yield is too … Read more
If every burger flipper needs a living wage for an adult household, the price of the burger has to rise or the job disappears. It is quite radical to suggest jobs for high school kids should somehow pay enough to cover an adult's costs. — DixieWoodsman (@dixiewoodsman) August 19, 2026 What is a living wage? … Read more
When the biggest AI names start posting bigger losses and higher borrowing costs at the same time, the easy phase is over. https://twitter.com/StealthQE4/status/2089866065534763297 https://twitter.com/FinanceLancelot/status/2089877292277178391 https://twitter.com/kurtsaltrichter/status/2090011141875384731 https://twitter.com/amitisinvesting/status/2089869214257467808 https://twitter.com/GlobalMktObserv/status/2089760740190109901
China issued new State Council regulations on exit and entry management on July 31, 2026. They take effect September 15. The rules tighten scrutiny of passport and travel applications, expand exit bans (especially for export-control or tech-security risks), and let authorities discourage trips to “high-risk” places. Official statements frame it as safety and standardization. Critics … Read more
DUBAI—Iranian attacks on shipping in the Strait of Hormuz are piling up without an American military response, raising the risks of crossing the strategic waterway and frustrating some Arab allies who worry the U.S. doesn’t have a strategy to wind down the conflict. Iran fired two ballistic missiles toward the strait on Tuesday, triggering air … Read more