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Petrochemical Supply Shock Begins Idling Asian Factories
Petrochemical Supply Shock Begins Idling Asian Factories
For weeks, we mapped out for readers how the Gulf energy shock dominoes would fall, spreading outward from the Middle East and striking Asia first through tightened energy-product flows that risk destabilizing the global economy. That transmission of tightening energy flows is now becoming alarmingly visible on factory floors across Asia.
Goldman analysts, led by Georgina Fraser, warned clients on Monday that the petrochemical shock is worsening across Asia, with textile and packaging plants emerging as the first major downstream casualties.
"The supply shock...
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Mar 30, 2026 / Tyler Durden
The Assisted Suicide Of Lofty State And Local Taxes
The Assisted Suicide Of Lofty State And Local Taxes
Authored by Rob Arnott via RealClearPolitics,
We get the government we choose to elect, hence the government we deserve. Voting for ever-higher punitive taxes on the rich is arguably a form of civic suicide. Consider that a wealthy New Yorker can get a raise of almost 40% just by moving.
That’s right. If moving eliminates a 14.8% top state and local tax rate, our top-tier taxpayer gets a 36% raise, not a 14.8% raise, by leaving. It’s doubtful if any of our city...
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Apr 8, 2026 / Tyler Durden
Our Post-Truth, Post-Trust World
Our Post-Truth, Post-Trust World
Authored by Charles Hugh Smith via OfTwoMinds blog,
A system that comes to depend on synthetic signaling for its "information" is doomed to Model Collapse, as its signaling has completely detached from the real world.
That we inhabit a post-truth world seems to accepted wisdom. But that's only half of it. We also live in a post-trust world. In a post-truth world, everything is shaped by the implicit goals of the entity claiming to state the "truth," as the entire point of claiming to state the "truth" is to persuade the target populace...
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Apr 19, 2026 / Tyler Durden
Trump's Cryptic "The End Is Near" Post Sends Internet Into A Frenzy
Trump's Cryptic "The End Is Near" Post Sends Internet Into A Frenzy
Authored by Steve Watson via Modernity.news,
In a development that quickly fueled online speculation, President Trump posted a video of Frank Sinatra performing his signature hit “My Way” on social media with no accompanying text or explanation. The move came just hours after he convened a high-level meeting in the White House Situation Room to discuss the ongoing standoff with Iran over the Strait of Hormuz.
The post featured the classic track whose lyrics speak of independence and resolve. While Trump has long used...
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