Navy's Green Laundry Initiative Weakened A $15 Billion Carrier

First Andreessen, Now Goldman CEO Shuts Down AI Job-Apocalypse Doomerism Narrative Amid the flood of AI doomerism, from Pope Leo XIV's Monday warning that AI and the digital transformation of the economy could unleash "new forms of slavery" and mass job losses, to Bernie Sanders and unhinged socialists calling for a halt to data centers buildouts, a move that would conveniently cede compute power to communists in Beijing, a growing and emerging chorus of dystopian futurists is now trying to frame the AI boom as an existential labor-market crisis rather...

Brasília Makes Friends With Beijing Authored by Jake Scott via FEE, On a Sunday night in late July, Brazil's Luiz Inácio Lula da Silva and China's Xi Jinping spoke for more than an hour. It was cordial and faintly triumphant, with the two governments announcing their intention to accelerate a long-stalled China-Mercosur trade agreement. Alongside this, there are plans to deepen cooperation on satellites and critical-minerals processing, and waive short-stay visa requirements. Image Credit: Custom image by FEE This marks a serious change for Brazil. For years, it was Brasília that had...

Financial Repression: How The US Government Will Quietly Confiscate Your Wealth Authored by Nick Giambruno via InternationalMan.com, When I first heard the term “financial repression,” I thought it had to be a joke. Why would governments and central banks use a term with such a negative connotation? Even people who are financially illiterate can understand that financial repression is a bad thing. Simply put, financial repression is a strategy governments use to reduce their debt burden by manipulating interest rates below inflation. It allows them to borrow in dollars and repay in dimes. Here’s how the IMF...