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The Permanent Distortion Theory
The Permanent Distortion Theory
Submitted by QTR's Fringe Finance
“This time it’s different” is supposed to be the dumbest phrase in investing.
It’s the phrase people use right before they get obliterated. It was the rallying cry of dot-com lunatics buying companies with no revenue in 1999. It was the intellectual foundation of housing perma-bulls in 2006 who believed home prices could only go up because, apparently, Americans had collectively decided real estate was immune mathematical reality.
It’s typically what people say when they’re trying to justify paying absurd prices for dogshit assets...
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Mar 17, 2026 / Tyler Durden
Fire Erupts Atop Manhattan Skyscraper
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Dramatic footage has flooded X, showing what appears to be a fire atop a skyscraper in Midtown Manhattan at 6 East 43rd Street, New York City.
The FDNY is operating at a fire on East 43rd Street in Manhattan. pic.twitter.com/SlJ0UrbSY8
— FDNY (@FDNY) March 17, 2026
6 East 43rd Street is on fire. #nyc #fire pic.twitter.com/6rEynZ3u9J
— John Smith (@JohnSmithrx3e) March 17, 2026
Going on right now in Manhattan job site my son is on pic.twitter.com/wbkZPPGQ7T
— PeterAnthony (@PeterA1331) March 17, 2026
*Developing
Tyler Durden
Tue, 03/17/2026 -...
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Jul 15, 2026 / Dave DeCamp
Iran Says More Than 30 Civilians Killed in Recent US Strikes on Southern Iran
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Jul 28, 2026 / Tyler Durden
Massie Joins Democrats In Bid To Sue White House Over Iran War
Massie Joins Democrats In Bid To Sue White House Over Iran War
Authored by Dave DeCamp via AntiWar.com,
Rep. Thomas Massie (R-KY) is joining a group of Democrats who are attempting to sue the White House over its refusal to follow a War Powers Resolution that was passed by Congress and directed President Trump to end the war with Iran, Fox News Digital reported Monday.
The War Powers Resolution was passed by both the House and Senate in June, marking the first time Congress approved a concurrent resolution under the 1973 War Powers Act directing...
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