Persistent Delusion Among the American and NATO Defense Establishment

America's Next Military Contractors Could Be Hackers Washington may soon outsource part of its cyberwarfare operations to private companies, according to a new report from Bloomberg.  Language tucked into the Senate’s 2027 defense bill would create a pilot program allowing the Pentagon to hire outside cybersecurity firms to penetrate computer networks chosen by the US military. Contractors would operate under US Cyber Command and Pentagon supervision. Bloomberg writes that the authority would initially be relatively narrow. Private operators could establish access to targeted networks, but the Senate language stops short of authorizing...

UMich Sentiment Extends Bounce From Record 46-Year-Lows As Gas Prices Ease Having rebounded from record (46 year) lows in June, University of Michigan's preliminary July Sentiment survey was expected to show further improvement as gas prices fell since the US-Iran 'peace' MoU signing (before rising modestly in the last few days of the reignited conflict). And indeed it did, headline Consumer Sentiment jumped from 49.5 to 54.4 (51.0 exp) - its highest since February... "With the second straight month of 10% jumps," said UMich Dirctor of Surveys, Joanne Hsu, pointing out that "consumer...

America's first great depression arrived without a villain: no embargo, no war, no single blundering minister to blame. It seemed to rise out of the economy itself.