Trump Says NATO ‘Making a Very Foolish Mistake’ for Not Joining War Against Iran

Will Denmark Really Ban The Islamic Call To Prayer? Via Remix News, Denmark’s government, led by the center-left Social Democrats, has once again announced plans to pursue a nationwide ban on the public broadcast of the Islamic call to prayer via loudspeakers. This now amounts to the third time the center-left government is trying to ban the call to prayer. Immigration and Integration Minister Morten Bødskov stated that the government is investigating a legal framework to prohibit amplified calls to prayer from mosques. “The call to prayer should not ring out above the...

Buckle Up For A Wild Week Authored by James Howard Kunstler, The Earth Moves Just a Bit “Operation Epic Fury was the loud one. Operation Economic Fury is the quiet one. . . . While the carriers were on television, Treasury was doing the actual demolition.” - Jesús Enrique Rosas on X Expect a consequential week. The Persian Gulf remains closed and colossal oil slicks leak out of Kharg Island while Iran blusters and stomps its feet. No one can even try to buy its oil anymore, not even China. The sanctions are too...

SpaceX Credit Risk Hits New High As AI Debt Binge Fears Spook Bondholders SpaceX's proposed $40 billion chip-collateralized financing for Nvidia AI chips, reported overnight by the Financial Times, has restarted concerns over the pace of its debt-funded expansion, which as we discussed last night, , is starting to flash a dangerous shade of red: despite raising a record $86 billion in its June IPO, Elon Musk's rocket and AI company's growing financing needs are weighing on sentiment, with its 2056 bonds sliding and five-year credit default swaps surging. After selling...