Warning: Japan Is About to Break

by

via gainspainscapital The Great Debt Crisis of our lifetimes may be just around the corner. Japan is the grandfather of debt and central bank insanity. The U.S. first hit a Debt to GDP ratio of 100% in 2015. Japan did this back in 2001. The U.S. first introduced Zero Interest Rate Policy (ZIRP) and Quantitative … Read more

California Democrats back the 5% billionaire tax. Newsom says no. Wealthy residents start packing

by

The California Democratic Party executive board voted Sunday to endorse Proposition 40, the one-time 5% wealth tax on billionaires. It needed a second vote to clear the 60% threshold. The measure is on the November 2026 ballot. It targets California residents worth more than $1 billion as of early 2026, raises an estimated $100 billion … Read more

Trump just posted again saying the U.S. and Iran are currently negotiating. Iran said no. Pakistan said no. US officials said no.

by

Trump said talks with Iran “are going on right now” and that negotiations would begin Monday after he called off a planned massive attack. Iran’s Foreign Ministry spokesman said no negotiations with the United States are taking place and none are scheduled. The only talks Iran confirms are with Oman about the Strait of Hormuz. … Read more

Pennsylvania active voter gap crashes to historic low. Dems lead by only 25k after big cleanup

by

ThePersistence @ScottPresler I’M IN TEARS I’M SCREAMING The Pennsylvania Department of State just conducted one of its biggest purges ever. Democrats lost TENS of thousands of voters. It’s happening — it’s actually happening. Our work to clean the voter rolls is actually working. Sunlight is the best disinfectant. This is a massive, earth-shattering earthquake of … Read more

Will the US Cavalry be able to ride to the rescue of the Japanese Yen?

by

via notayesmanseconomics The business week has started with something we have not seen for quite some time TOKYO, Aug 2 (Reuters) – Japanese Finance Minister Satsuki Katayama will announce on ​Monday that Tokyo and Washington took joint action in the currency market to arrest the yen’s slide to 40-year lows, two Japanese government ‌officials told … Read more

US military is out of ideas on Iran. Crowdsources punishment plans while Russia says it can kill Western leaders anytime

by

The request from a senior officer at the US military command carrying out President Donald Trump’s war with Iran came in an email: We need ideas. “We are looking for new creative and unconventional ways to pressure and punish Iran,” an officer in US Central Command’s intelligence branch wrote in a message sent Wednesday to … Read more

Saudi crown prince stops Trump’s massive Iran strike with one phone call

by

Phone Call: Saudis Issue Ultimatum to Trump on Behalf of GCC Amid strong rumors that Netanyahu had already agreed with Trump to resume bombings against Iran, Gulf countries like Qatar and the United Arab Emirates were already working behind the scenes. Qatar, in particular, had been warning about the imminent risks to its massive infrastructure … Read more

Robbers attempted to rob the driver and the driver said no way rather we all die here

by

https://imgur.com/oTpYqHK 🚨BRAVEST WATCH: Robbers attempted to rob the driver and the driver said no way rather we all di£ here.. What a brave driver👏👏 pic.twitter.com/BLfojRGZrl — WarRoom Nayo (@nayolytic) August 2, 2026 Looks like it’s the real mccoy according to Grok:   **No, this does not appear to be AI-generated.** It is a widely circulated … Read more

Companies slam the door on zero experience hires. Drop hits 73 percent in 4 years

by

Recent college graduates are facing a tough job market, and one of the new hurdles they’re encountering is that employers are offering far fewer entry-level jobs that require no prior experience. That may be one of the factors that’s contributing to an unemployment rate of 5.6% among recent college graduates (age 22-27), higher than the … Read more

Bessent Says Gold Doesn’t Matter. So Why Won’t He Stop Talking About It?

by

via gainspainscapital Two weeks ago I flagged Scott Bessent’s Fox Business comments on gold as worth watching. He confirmed Fort Knox’s holdings are “present and accounted for,” valued at over $1 trillion at current market prices, and noted the dollar “used to be backed by silver, sometimes gold.” Now Bessent has clarified what he meant. … Read more

The Nasdaq 100 fell -6.6% in July, its worst performance since March 2025

by

The Nasdaq 100 fell -6.6% in July, its worst performance since March 2025 pic.twitter.com/39pAF8ZaOG — Hedgeye (@Hedgeye) August 3, 2026 🔴THIS HAS NEVER HAPPENED: The US technology sector's market capitalization has exceeded 50% of the S&P 500's total market capitalization for the first time EVER. This share has DOUBLED over the last decade. It now … Read more

Shell CEO warns not enough diesel and gasoline. Trump tells oil companies to “get retail oil prices down, now!”

by

Prepare for Dieselgeddon. Shell CEO Wael Sawan just warned there's not enough diesel to go around for much longer. And refineries are being pushed beyond 100% capacity (seriously) by delaying critical maintenance. This raises the risk of explosions. Those are sometimes fatal,… — HealthRanger (@HealthRanger) August 3, 2026 Ukraine has started implementing a 50–100 liter … Read more

Japan stocks get crushed after US and Japan dump billions on the yen. US running low on cash for more help

by

They are throwing huge money at the yen and the stocks still get hit. US help is real but the ammo is limited. Carry trade and exporter pain are the real pressure points. MASSIVE CRASH IN JAPAN 🚨 ¥28 TRILLION ($185 billion) wiped from Japanese stocks today. It's happening again… pic.twitter.com/JTHjEJOolZ — Crypto Rover (@cryptorover) … Read more