AI, still in its infancy, already has eaten jobs, especially in software: engineers prove far, far more productive with their LLM's, and LLM's begin to expand into other workflows, such as book-keeping for accountants, which jeopardizes the entire offshore book-keeping industry. More important than AI, though,

Starting April 2, 2025, 401k-owning Americans awoke in terror: the harvest for capital began, in earnest, with the market indices dropping 10% across the board over two days. The crash's cause: tariffs and "trade war" with China. The crash's actual cause: capital flight from

... Provoking Trump & Blockbusting Mohammad bin Salman's Neighborhood Anecdotes abound in urban real estate investment on "blockbusting", or causing a panic in a neighborhood whereby desirable tenants leave and have less desirable replacements, causing asset prices to collapse. Presumably, then, the eminence grise orchestrating the "

Peace through MBS Purchases As Trump continues his relentless marketing campaign for all things American, it appears his diplomacy in Eurasia not only won political victories, but a financial one, too. Fannie/Freddie IPO Announcement On the very day the Media announced a plausible truce between Ukraine and Russia and

Trump Capitulated; EU & MSM Protected Him The media presented the tariff agreement between the EU and Trump administration as a unilateral victory for Trump. On the contrary: the Trump administration most subtly capitulated to the European climate program, a key protective barrier to European markets. The EU, wisely, gave

Why JD Vance says we need to "work with our hands, again"... The hard math behind why the United States and UK allow Indians to replace native born citizens in white collar jobs and administration. Vietnam War The "limited police action" of the Vietnam War led

Austerity proves the "political third rail". Imposing it, naively, risks up-ending the entire political and bureaucratic system within the United States. Whether Republican or Democrat, absolutely no-one wants to own or be accountable for the necessary austerity that would preserve the American Treasury market. To give context, I

The main conceit regarding AI comes from the notion of its intelligibility: when using AI, it is NOT POSSIBLE to know WHAT occurs, actually, within it, and even revealing AI's mechanism and dynamics would present yet another problem: very likely, the AI itself would prove completely unintelligible to

The current events surrounding Epstein prove precisely so fraught because they could very well undermine Crown Prince Mohammad bin Salman’s authority. Mohammad bin Salman did not simply “appear” in charge of Saudi Arabia:  a deep opposition sought to seat their own candidate. Saudi Arabia - Petrodollar King Whenever you

Every "tax" exists to provide a "credit"... Eventually, we get a "carbon tax" under Trump: not in 2025, surely, but by 2028, we should have "carbon tax" legislation signed. Why Trump Admin Need a Carbon Tax? The Trump admin need a carbon

The battle between the pro and anti-Trump forces rages in the Treasury market: culling the market of buyers (China, increasingly Japan, and from various asset managers) creates a bid for various safe havens, which include gold and bitcoin. Question: Why Haven't Treasuries Already Crashed? The US economy fumbles-along,

Rescinding the Unconstitutional Civil Rights Act But Owning the War on Drugs Exultation over the Civil Rights Act has proven proportional to the increasing dysfunction and disintegration of blacks in America: precisely nothing has gone right, for American blacks, since the CRA's passage. Marriage rates, familial dysfunction, educational

"Stablecoin Squeeze" on Hard-Fork Cyrpto and the ensuing Treasury Windfall The typical response to concerns about most cryptocurrencies and post-quantum protocols entails, "We can update the protocol with quantum-secure cryptography algorithms. What's the problem?" Taxes. IRS and Hard-Forks The IRS recently clarified (thankfully) its

Look at the two charts above: we see a precipitous decline in 10-yr yields in China shortly after the conclusion of the 2024 election. Likewise, we saw a spike and what appears sustained selling pressure affecting US treasuries, of the same term (10 yr). Presumably, tariffs, economic policy, shocks, et

Ethnic debates are slightly more tiresome than confessional ones, but since they have become the fashion, recently, I shall contribute my humble impressions on the matter: the entire purpose behind the multi-decade Anglo-American ingestion of South Asians and their promotion into leadership was to cynically undermine heretofore independent South Asian

An avalanche crashed upon the heads of ardent white Trump supporters:  the knife of the oncoming Trump administration terminally severed the spinal-cord of the aspiring, educated white man. With H1B’s formally endorsed as economic policy of Trump 2.0, one must ask:  what is the plan for the soon-to-be