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Cuba Suffers Blackout as Trump Says ‘Something Will Happen Quickly’
President Donald Trump believes he will reach a deal with Cuba as his economic war has caused the collapse of the island’s electric grid. On Sunday, Trump told reporters on Air Force One that he believes “something will happen with Cuba pretty quickly,” but added that he must finish the war with Iran first. “Cuba […]
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Mar 26, 2026 / Tyler Durden
Measuring Poverty Correctly Reveals A Hard Truth About The Welfare State
Measuring Poverty Correctly Reveals A Hard Truth About The Welfare State
Authored by Tyler Turman via TheDailyEconomy.org,
America has spent more than $20 trillion on fighting poverty since the introduction of President Johnson’s Great Society program in 1964. Sixty years later, how are we doing?
That depends, as it turns out, on how you measure it.
Last month, Senator Kennedy (R-LA) introduced a bill that would require the Census Bureau to report a new poverty metric as an alternative to the Official Poverty Measure (OPM) by including both cash and non-cash welfare benefits in its calculations.
As Kennedy points...
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Apr 7, 2026 / Tyler Durden
Consumer Credit Grows Less Than Expected On Subdued Credit Card Usage
Consumer Credit Grows Less Than Expected On Subdued Credit Card Usage
While the monthly jobs report has become a veritable economic random number generator, with every monthly print coming either well below or above the forecast stack, the weekly initial claims report has become its foil - a study in boring reporting, with numbers barely budging week to week, and usually falling right on top of Wall Street estimates. A similar dynamic is emerging for the monthly consumer credit report: following a volatile 2025, when revolving credit swung around wildly...
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Mar 31, 2026 / Tyler Durden
Pentagon Weighs Anti-Drone Laser Weapon Deployment In DC To Fortify Airspace
Pentagon Weighs Anti-Drone Laser Weapon Deployment In DC To Fortify Airspace
We outlined a glaring security gap in U.S. counter-drone defenses well before the U.S.-Iran conflict erupted one month ago.
At the time, we specifically pointed out that data centers are largely unprepared for drone threats. We believe the Gulf conflict - after Iran bombed multiple data centers and military bases - has likely pushed the federal government into panic mode, accelerating efforts to deploy counter-drone systems around high-value targets across the homeland, whether military bases or civilian infrastructure.
This brings...
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