Welcome To Another Diverse Day In The UK...

Trump Confirms Possible U.S. Takeover Of Spirit If 'Price Is Right' Summary: Trump Confirms possible U.S. Gov't takeover of Spirit  WSJ says the Trump administration's possible $500 million rescue deal could leave the U.S. government with 90% control. WSJ says Commerce Secretary Howard Lutnick is leading the effort in U.S.-Spirit talks. BBG reported earlier on a potential $500 million rescue loan for Spirit. News of a possible rescue loan for Spirit emerged last week. Polymarket:   US takes a stake in Spirit Airlines by May 31? Yes 36% · No 64%View full market & trade...

The US Economy In A Nutshell: Privatize The Gains, Socialize The Costs Authored by Charles Hugh Smith via OfTwoMinds blog, Correspondent Simons Chase insightfully summarized this dynamic: Privatize the Gains, Socialize the Costs. In my post Five Dynamics That Make Sense of an Increasingly Chaotic World, #3 is the distribution of risk, costs and consequences to a diffused populace while concentrating the gains into the pockets of insiders/owners: Those seeking to reduce their private risks and increase their private gains seek to concentrate the gains generated by control structures and distribute the risks and costs to...

'Changes Everything': The A-10 'Warthog' Proves Its Worth Again Over The Strait Of Hormuz Authored by Mike Fredenburg via The Epoch Times, Despite Air Force claims that the A-10 has no place on the modern battlefield, a claim they have been making for decades, the A-10 is once again using its unmatched versatility and loitering capability to destroy fast-attack watercraft, drones, and enemy positions. And for the role it is performing in Operation Epic Fury, the Warthog is vastly superior to any F-35, F-15, F-16, B-2, or even the most advanced drone in...