Economy & Finance

Our Post-Truth, Post-Trust World Authored by Charles Hugh Smith via OfTwoMinds blog, A system that comes to depend on synthetic signaling for its “information” is doomed to Model Collapse, as its signaling has completely detached from the real world. That we inhabit a post-truth world seems to accepted wisdom. But that’s only half of it. We also […]

Trump Mulls Punishing NATO Allies By Pulling US Troops Over Lack Of Iran Help The Trump White House is mulling ways to ‘punish’ NATO allies for not stepping up to support the US Iran campaign, and for staying on the sidelines after Trump’s repeat appeals to create a coalition to reopen the Strait of Hormuz.

California Supreme Court Orders “Rogue” Sheriff To Pause Election Fraud Probe Authored by Jacki Thrapp via The Epoch Times, Riverside County Sheriff Chad Bianco was ordered by the California Supreme Court on April 8 to halt his investigation into 2025 election fraud allegations so the judges can review the legal challenges that his probe faces.

Exxon Warns Of $6.5 Billion Hit From Iran War As Q1 Earnings Set To Print Slightly Below Consensus In an early clue how the Iran war will impact energy earnings, ExxonMobil warned of a $6.5bn hit to Q1 earnings from the Iran war but said the bulk of this was the result of unfavorable timing

Justice Department Counters Russian Military Intelligence Unit Attack On US Targets Authored by Kimberly Hayek via The Epoch Times (emphasis ours), The Justice Department and FBI on Tuesday revealed they have conducted a court-approved technical operation to neutralize part of a network of small office and home office routers in the United States that become

Sen. Graham Urges Congressional Iran Vote…On Approving Peace, Not War This is definitely in you really can’t make this up(!) territory… Sen. Lindsey Graham is actually calling for a Congressional vote, but not concerning a War Powers Resolution.  Instead, he has called for Congress to review and vote on any diplomatic agreement ending the war with what he

The New Financial Iron Curtain: Taxes, Capital Controls, & The War On Your Wealth Authored by Chris Macintosh via InternationalMan.com, There is a term called “gating” in the fund management world. It refers to blocking investors from redeeming their funds. Funds do this sometimes as a precaution… and other times when they are in the

No Real People Were Polled: AI Is Now Fabricating What “The Public Thinks” The other day Axios ran a piece that cited “findings” that a majority of people trusted their doctors and nurses. Turns out, those “findings” were completely fabricated by a company called Aaru – using AI (causing Axios to issue an editor’s note and ‘clarification’)Aaru uses something they call

Why China Might Have Pressed Iran To Compromise With The US Authored by Andrew Korybko, The sequence that Trump threatened if no deal was reached before the expiry of his deadline would have cut China off from half of the oil that it imported by sea last year and likely set Afro-Eurasia aflame in resource

Stablecoin Yields Won’t Harm Banks, White House Economists Say Authored by Amin Haqshanas via CoinTelegraph.com, A White House report found that banning yield on stablecoins would have a marginal impact on bank lending while creating clear economic downsides. According to the Council of Economic Advisers, a three-member agency within the Executive Office of the President tasked