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The German Bureaucratic Dream Of "Society with Bound Capital"
The German Bureaucratic Dream Of "Society with Bound Capital"
Submitted by Thomas Kolbe
They form a massive workforce, the last continuously growing sector of our society: civil servants.
Approximately 5.5 million employees work in the public sector, and last year alone, 205,000 new civil servants were added.
This is by no means a blind attack on the bureaucracy. Civil servants indispensable to our society work to maintain internal and external security and uphold the judiciary as guardians of law and order.
Yet the question must be allowed. How can a civil service army grow...
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Jun 2, 2026 / Tyler Durden
Tencent Soars Most Since 2022 On Report It's Set To Launch AI Agent For China's Most Used App
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Tencent shares jumped the most since late 2022 after an FT report that the Chinese company was testing a prototype AI agent for WeChat, China’s most widely used app for everything from messaging and social media to ride-hailing and payments, fueled optimism about the company’s artificial intelligence efforts.
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Jun 21, 2026 / Tyler Durden
Betting Against Ourselves: The Casino-ization Of America
Betting Against Ourselves: The Casino-ization Of America
Submitted by QTR's Fringe Finance
Last month I wrote about something that had been building in my mind for years: the realization that active trading was doing more harm than good in my life.
I wrote about how I had finally put systems in place to turn my trading and account management over to trusted parties who are far better and more disciplined at it than I am. I had to separate the fact that I feel great about often being an accurate prognosticator on my blog...
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Mar 2, 2026 / Dave DeCamp
Trump and Hegseth Won’t Rule Out Sending Troops to Iran for a Mission They Won’t Define
President Trump said in an interview with The New York Post on Monday that he won’t rule out sending troops into Iran as the war the US and Israel launched against the Islamic Republic on Saturday morning continues to rage. “I don’t have the yips with respect to boots on the ground — like every […]
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