This walks through the Iran trade scandal the way you'd walk through an architecture review: inputs, outputs, dependencies, and what happens when monitoring goes dark. DOJ Public Integrity reduced to 2 people, CFTC investigation closed, SEC enforcement director forced out, then six fresh Polymarket wallets cash out $1.2M on a classified military operation and someone loads $580M in oil futures right before a market-moving Truth Social post.
This was clearly on the horizon 12+ months past when the safeguards were being gutted.
Timothy D. Snyder and that circle of American historians were calling it out even before, on the basis of close reading the Project 2025 document and other signs.
The strange stuff about the whole scam (pushing the world towards WW3 to make a few bucks) is that the markets are still buying the shit that comes out of Trump's orifices. Why does it still go up when he lies about the end of the war coming soon? Is it because the market participants think "Oh, everyone else will do X, so I better do that too!"?
It's not like bonds/currencies, metals/commodities, or real estate have intrinsic value that make them productive assets in an economic depression.
And big picture, if you look at Trumpism as a gloves-off corpo attack on the Constitutional US government, then equities look like a safe haven regardless of their diminished growth prospects - especially as Trump is itching to get his grubby hands onto the controls of the money printing press (the next big step of neutering the power of USG over corpos).
It feels like we're facing a pan-asset "inflation" type effect as an outcome of the everything bubble, where every non-financial thing is about to get a lot more expensive and the goal is hedging to preserve the paper "wealth" you have accumulated.
(having written that last part out, it would follow that labor is about to get more bargaining power in comparison. which is so decidedly against the apparent trend that I'm back to scratching my head)
It has the benefit that I now spend less time reading random articles, you read one sentence, feel it's AI and just skim through it.
Mamy Instagram videos now have creator-added LLM description of what's happening in the video and some bullshit ending like "This video shows why it's important to always remain vigilant when driving".. fuxxckkk off with the faux philosophy!
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Timothy D. Snyder and that circle of American historians were calling it out even before, on the basis of close reading the Project 2025 document and other signs.
It's not like bonds/currencies, metals/commodities, or real estate have intrinsic value that make them productive assets in an economic depression.
And big picture, if you look at Trumpism as a gloves-off corpo attack on the Constitutional US government, then equities look like a safe haven regardless of their diminished growth prospects - especially as Trump is itching to get his grubby hands onto the controls of the money printing press (the next big step of neutering the power of USG over corpos).
It feels like we're facing a pan-asset "inflation" type effect as an outcome of the everything bubble, where every non-financial thing is about to get a lot more expensive and the goal is hedging to preserve the paper "wealth" you have accumulated.
(having written that last part out, it would follow that labor is about to get more bargaining power in comparison. which is so decidedly against the apparent trend that I'm back to scratching my head)
Mamy Instagram videos now have creator-added LLM description of what's happening in the video and some bullshit ending like "This video shows why it's important to always remain vigilant when driving".. fuxxckkk off with the faux philosophy!
If you can't you should use Pangram, which marks this as 100% AI generated. This would fail most middle school English classes nowadays.