Potential Strike On Iran's Arak Reactor Complex

Iran To Send Revised Proposal To US In 'Days' As 'Tank Tops' Loom, Trump Claims Iran "Informed Us They Are In State Of Collapse" Summary Trump TS claim: Tehran has informed Washington they are in a "state of collapse" and that the Iranians want the US to "open the Hormuz Strait" - as 'tank tops' loom. Trump doesn't appear open to Iran's proposal which hinges on US naval blockade ending & nuclear issue being pushed to future negotiations (CNN). Tehran working on revised plan to be sent in 'few days'. First crude-laden Japanese tanker...

Millions Of Student Borrowers Are Defaulting: They Are 40 Years Old On Average The NY Federal published its latest report on Household Debt and Credit for the first quarter: the report showed total household debt increased by $18 billion, just a 0.1% increase, in Q1 2026, to $18.8 trillion.  Some details: Mortgage balances shown on consumer credit reports grew slightly by $21 billion during the first quarter of 2026 and totaled $13.19 trillion at the end of March. Balances on home equity lines of credit (HELOC) rose by $12 billion, marking the 16th...

AI's Core Flaw: "Mass Regurgitation Of Misinformation" Authored by Charles Hugh Smith via OfTwoMinds blog, These immense hidden costs will not show up in GDP until they collapse the entire house of speculative gambling cards propping up the global economy. I approach all AI topics with several things in mind. One is the nature of problems, which implicitly define what qualifies as solutions, and the resulting incentive to define the "problem" such that the "solution" happens to be the one we own and control. So the "problem" AI solves is "corporate profits are too low," and so...