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Germany Accelerates Kamikaze Drone Stockpiling With Rheinmetall Deal
Germany Accelerates Kamikaze Drone Stockpiling With Rheinmetall Deal
Germany's parliament has approved a sizeable contract for defense giant Rheinmetall to supply loitering munitions, or kamikaze drones, to the Bundeswehr, underscoring just how quickly European militaries are internalizing drone warfare lessons from both the Russia-Ukraine war and, more recently, the U.S.-Iran conflict. Berlin's latest procurement push makes it clear that one-way attack drones are becoming a serious threat, and the race to stockpile them has begun.
Bloomberg reports that the budget committee of the Bundestag approved the Defense Ministry's proposal for an...
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May 25, 2026 / Ron Paul
When Our Word is No Longer Good
The pattern of media reports – based on White House leaks – that an agreement with Iran is almost completed has become predictable. Where once the markets fluctuated wildly (and some insiders made huge profits with the information), each time we hear that the deal is almost complete only to see it fall through, the […]
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Apr 24, 2026 / Tyler Durden
Google Deepens Anthropic Bet With Up To $40 Billion Investment
Google Deepens Anthropic Bet With Up To $40 Billion Investment
The AI funding frenzy continues, with Google planning to invest $10 billion in Anthropic at a $350 billion valuation, deepening its relationship with the San Francisco-based AI company best known for building Claude.
Bloomberg reports that Google's deal with Anthropic includes an initial $10 billion investment at a $350 billion valuation, with the potential for another $30 billion if certain performance milestones are achieved. That would bring the potential deal size to as much as $40 billion.
Part of the deal includes...
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Jun 7, 2026 / Tyler Durden
Choose One: Housing Is Shelter, Or Housing Is Just Another Asset In A Bubble Economy
Choose One: Housing Is Shelter, Or Housing Is Just Another Asset In A Bubble Economy
Authored by Charles Hugh Smith via Of Two Minds,
This will get massive pushback because it's true: either Housing Is Shelter, or Housing Is Just Another Asset in a Bubble Economy - it can't be both. This reality gets pushback because the conversion of housing from shelter into just another asset bubbling higher in a bubble-dependent economy has been so profitable for those inflating the bubble.
The basic pushback goes like this: housing has always been an...
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