This pattern, CRISIS… CASH… CONTROL… is how the US runs from “emergency” to “emergency” and from “crisis to “crisis” to expand debt, levitate assets, and consolidate power by design.
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“JOB CREATION IS PRETTY CLOSE TO ZERO,” POWELL SAYS
The U.S. labor market might appear healthy, with a jobless rate near historic lows. However, once statistical overcounting is adjusted out of the data, “job creation is pretty close to zero,” U.S. Federal Reserve chair Jerome Powell said in a 15 November press briefing.
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SAM ALTMAN: ANOTHER CONFLICTED TRANSHUMANIST
The same person who unleashed sophisticated generative AI on the world in late 2022, is backing a San Francisco start-up bent on gene-editing human embryos.
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SUPER-RICH CONSOLIDATING POWER BY BUYING UP MEDIA OUTLETS
Robert Reich, the former secretary of labor under Bill Clinton, penned an op-ed last week that highlighted the growing trend of the richest people in the U.S. buying up major media outlets and, in the process, giving them more control than ever to use their power to suppress democracy.
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SEATTLE’S NEW MAYOR COMPARED TO MAMDANI IN NEW YORK
Katie Wilson, the newly elected self-described socialist mayor of Seattle who campaigned on taxing the wealthy in the city, has been compared to New York’s new mayor, Zohran Mamdani, who also focused his campaign on the economic hardship faced by everyday people in his city.
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ECONOMIC UPDATE – MARKET OVERVIEW
Yes, the rich are getting richer, and the middle class is shrinking. And as for young Americans having trouble finding decent paying jobs, this is part of a mega-trend that is shaping the economic future.
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LIQUIDITY ADDICTION DESTRUCTION (BLOWOUT… HOLLOW-OUT)
Weakening the dollar helps service US debt, but pushes trade blocs to settle outside the dollar. With that, lower external USD demand = more of our own debt must be held internally/absorbed into The System.
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HUMANOIDS, FROM CURVY TO HULKISH
Humanoid robots aren’t being developed to simply act as sophisticated tools or ultimate smart appliances for human consumers.
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IDF LAWYERS WARNED ABOUT EVIDENCE OF WAR CRIMES IN GAZA
Top IDF lawyers expressed concerns over the Israeli military’s actions inside Gaza during the course of the two-year genocide and warned that evidence was emerging that could link the Israelis to war crimes, Reuters reported, citing five former U.S. officials.