@stevedemos66.bsky.social
“the US "resembles a giant flailing in quicksand. Its policy is sinking under the weight of its own contradictions". A pretty good description. www.abc.net.au/news/2026-10...
Behind Trump's war of words on Ukraine is a worrying threat
It is hard to see Donald Trump's shifting position on Ukraine as a clear strategic change, and not one driven principally by soaring fuel prices ahead of the US mid-term elections.
abc.net.au
Ian Bremmer: Donald Trump remains globally consequential, but his ability to bend other governments and institutions to his will is diminishing. AI is the major exception, where deregulation could unleash risks that outlast his presidency. pearlsandirritations.com/post/2026/10...
Trump’s power is fading, but his AI gamble could still reshape the world
Donald Trump remains globally consequential, but his ability to bend other governments and institutions to his will is diminishing. AI is the major exception, where deregulation could unleash risks th...
pearlsandirritations.com
Yeesh. 👀 (Bloomberg) - The most likely long-term outcome of the AI boom will be massive capital destruction in the US, with market share going to cheaper open-source Chinese models, according to Jefferies Financial Group Inc. @bloomberg.com www.bloomberg.com/news/article...
".. According to the new findings, the portion of families behind on loan payments at the end of 2025 soared from about 12% in the prior survey to nearly 20%, a gain of some 67%."
CNBC@cnbc.com · 3d agoAmericans' debt problems are flashing a warning not seen since the Great Recession
Trumps economic golden age is hitting a Trump deficit sized sinkhole. www.theguardian.com/us-news/2026...
Trump immigrant purge could cut social security for Americans by $2,000 a year
New report on economic cost of anti-immigration campaign projects 8.6% reduction in retirement payments by 2034
theguardian.com
BREAKING US execution by firing squad of Fort Hood shooter to be livestreamed: Pentagon official
The US has lost 21,000 manufacturing jobs since Trump took office. But why is bringing them back the goal? Why are we trying to push people into lower paying work? https://newsletter.platypuseconomics.com/p/manufacturing-is-what-rich-people
Manufacturing is What Rich People Think Poor People Want To Do
What’s really pushing up bond yields, and what has the trade war actually delivered?
newsletter.platypuseconomics.com
UN's Special Coordinator for the Middle East Peace Process, Ramiz Alakbarov does Liberal #Zionism: "The lives and suffering of civilians in Gaza cannot be ignored. Acknowledging that suffering does not diminish the atrocities of 7 October, nor does it equate the two." reliefweb.int/report/occup...
reliefweb.int
Also 👇🏻👇🏻👇🏻
Hoodlum 🇺🇸@nothoodlum.bsky.social · 6d agoForeclosures are climbing: the number of homes repossessed surged 42% from a year ago. Lenders repossessed 5,794 properties out of 40,277 foreclosure filings in August. That’s up 22% from July and 42% from August 2025. www.attomdata.com/news/market-...
“.. Distressed leveraged loans … a nearly 90% jump over the past 12 months ..” @bloomberg.com www.bloomberg.com/news/article...
Diesel futures fell after Trump announced a “massive” European oil release. Then traders read the actual G7 statement, and the entire price move vanished. Turns out the massive release was mostly a PR stunt. https://newsletter.platypuseconomics.com/p/an-agreement-to-agree-about-an-earlier
An Agreement to Agree About an Earlier Agreement
Read the G7 communiqué closely and the "new" 100 million barrels turns out to be leftovers from March.
newsletter.platypuseconomics.com
Bizarrely, this is one of the six graphs illustrating "just how much we need A.I.".
JUST POSTED: Jared Kushner and Steve Witkoff have pushed a multibillion oil deal with Russia as part of peace talks that will bring profits to their family business partners. A new front for Trump-era conflicts of interest. www.nytimes.com/2026/10/03/u...
U.S.-Russia Talks on Ukraine Now Involve an Oil Deal Tied to Trump Allies (Gift Article)
President Vladimir V. Putin brought up a sale of Russian energy assets with President Trump’s envoys, Jared Kushner and Steve Witkoff, pushing a deal that raises new questions about conflicts of inter...
nytimes.com
“.. Tech payrolls have fallen to the lowest level since December 2020.” - Schwab
FEDWATCH: “.. For bonds to enter a sustained rally, .. inflation must decline further to break the correlation between oil prices and yields. .. With news of an additional aircraft carrier heading to the Gulf, yields moved up, and oil prices jumped.”
"Australian households do not set petrol prices. Not buying fuel is not an option, and the increase in petrol prices was the most recent driver of headline inflation" writes @amyremeikis.bsky.social Read the full piece on The Point: https://sbrew.link/MWOeCP5I
The latest tax stats show 90 millionaires paid no tax (1 poor sucker got their total income from $1m to below $18,200, but still had to pay... err $769 in tax) thepoint.com.au/off-the-char...
Ninety millionaires paid no tax in 2023–24. New ATO data shows why tax reform matters
In 2023-24, according to the ATO, 90 Australians who earned more than $1m in income paid no tax. The figures also reveal that the changes in the budget targeting the reductions in the discount for cap...
thepoint.com.au
Watchdog clears former US Fed chief Powell in renovation probe
Watchdog clears former US Fed chief Powell in renovation probe
The US Federal Reserve's Office of the Inspector General found no 'reasonable grounds' to justify criminal charges against the institution's former chair, according to a report published on Wednesday. The US president demands that Powell should be 'forced to resign' or 'sued, at the highest level.'
lemonde.fr
House prices falling by a percentage not seen in 40 years does not mean house prices have fallen to affordable levels - it is just that we have seen them increase so much year on year, that falls seem significant BUT IT DOESN'T MAKE HOUSING AFFORDABLE IT JUST MEANS THE HOUSING MARKET HAS BEEN BROKEN
It shouldn’t surprise anyone that Abdul El-Sayed is going after MAHA voters. He’s a doctor! RFK Jr? He’s a zero.
Rapper Macklemore said his upcoming “Free Palestine” tour, launched after he was dropped as Ed Sheeran’s opening act, “sold out immediately" on Wednesday.
Macklemore’s ‘Free Palestine’ Tour ‘Sold Out Immediately,’ Rapper Says
Rapper Macklemore said his upcoming “Free Palestine” tour, launched after he was dropped as Ed Sheeran’s opening act, “sold out immediately" on Wednesday.
forbes.com
The most radical arm in Australian politics (and the world) right now is the far right. And yet this is the analysis for the Greens.
ABC News Australia@news.abc.net.au · 2w agoGreens leader David Shoebridge wants to woo the same angry voters as One Nation — but from the left
