Gundlach Warns America's "Unfunded Liabilities" Are $163 Trillion, More Than 5x National Debt

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"A lot of weird things happened once the pandemic hit....it was a steady march to dependency on the government by a larger and larger fraction of the US population..."


Maricopa County Defies Subpoena, Won't Release Hardware For Election Audit Over 'Security Risk'

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...something must be really worrying Democrats?


Super Rich Gobble Up "Trophy Trees" For Their Mansions 

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The "trophy wife" "trophy tree" has become a new status symbol for America's super-rich... 


Space Force Chief Scientist Says Developing Augmented 'Super Soldiers' Is "Imperative" 

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He also said AI could create "autonomous" programs that commanders can use to devise military strategies that "no human could."


April Payrolls Preview: It Will Be A Blowout Number But Will It Be "Too Blowout"

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A number around 1 million is widely expected and will likely not have an adverse impact on risk assets. But 2 million or higher and watch out...


Chinese Flights Through Taiwan's Air Defense Zone Have Doubled

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Taiwan’s Defense Ministry counts 117 incidents of Chinese warplanes flying through Taiwan’s ADIZ in April as US steps up own presence...


Iran Releases Video Threatening Strike On Israel's Dimona Nuclear Reactor

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Comes days after a similar depiction of imagined missile attack on US Capitol Building...


Slap On The Wrist: Honeywell Fined For Sharing F-35, Other Secrets To China

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...the US State Department announced that it had reached a $13 million settlement with defense contractor Honeywell...


South Carolina Follows Montana In Ending All Supplemental Unemployment Benefit Programs

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"This labor shortage is being created in large part by the supplemental unemployment payments that the federal government provides claimants on top of their state unemployment benefits. In many instances, these payments are greater than the worker’s previous pay checks."


CNN Host Says People Who Don't Take The Vaccine Should Be Socially Ostracized By Friends & Family

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“We’ve gotta shun people into getting vaccinated.”


Air Force Aborts ICBM Test Flight Just Before Launch For Unknown Reasons

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A military statement said the "cause of the ground abort is currently under investigation."

 


Atlas Is Shrugging: Forget 'The Great Reset', Here Comes 'The Great Reject'

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The antidote to all of this are crypto-currencies, smart contracts and decentralization...


China Pollutes More Than US And All Developed Countries Combined: Report

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How many stolen childhoods is that?


Why Masks Are Still Mandatory

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...government will lose all control...


Why Have Bond Yields Gone Nowhere In The Past Month Despite Blowout Macro Data: Here Is Goldman's Answer

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Yield sensitivity to data surprises tends to decline at higher levels of forecast uncertainty -- a key feature of the macro environment in the past year. Until there is some convergence in projections, yield responses to data releases may remain muted by historical standards


Gen Z Is Anything But Politically Ill-Informed

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"It would be a mistake to assume that Gen Z is simply ignorant of politics and history."


Montana Is First State To Cancel Unemployment Benefits In Response To Unprecedented Worker Shortage

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"Nearly every sector in our economy faces a labor shortage. The vast expansion of federal unemployment benefits is now doing more harm than good."


Voting With Your Feet

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Voting with your feet is a crucially important indicator of what is really going on, regarding the political economy...


Beijing Cracks Down On Ant Group's Popular "Mutual Aid" Service

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Beijing's crackdown on its tech giants is threatening a critical mutual aid service that millions of Chinese citizens have used to bail themselves out of a tough situation...


Trevor Noah: "Why Are People Who Get The Vaccine Still Being Made To Wear Masks?"

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...cue the outrage mob!