Article
99% Of CEOs Are Planning AI Job-Cuts, As Gap Between Rich And Poor Continues To Explode
99% Of CEOs Are Planning AI Job-Cuts, As Gap Between Rich And Poor Continues To Explode
Authored by Michael Snyder via The Economic Collapse blog,
Our economy is being transformed at a faster pace than we have ever experienced before. Thanks to giant leaps in the field of artificial intelligence, human labor is not as valuable as it once was. All over the world, millions of human workers are being replaced and that trend is only going to accelerate. For those that have already retired or are on the verge of...
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Jul 16, 2026 / Tyler Durden
Iran Tells Houthis To Close Red Sea Energy Chokepoint If Trump Bombs Power Grid
Iran Tells Houthis To Close Red Sea Energy Chokepoint If Trump Bombs Power Grid
Yemen's Houthis have long warned of their ability to close the Red Sea oil route, but have by and large stayed on the sidelines of the expanding Gulf regional conflict which is focused on Iran since Operation Epic Fury began.
Things began changing dramatically this month, however, after Saudi warplane incursions into Yemen - which bombed Sanaa International Airport on July 13 - in an effort to prevent an Iranian commercial jet from landing there.
via Marine Insight
The...
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Mar 27, 2026 / Tyler Durden
Vance Claims Iran Could Make Nuclear Suicide Vest
Vance Claims Iran Could Make Nuclear Suicide Vest
Authored by Dave DeCamp via AntiWar.com,
Vice President JD Vance on Thursday attempted to justify the continued US-Israeli war against Iran by implying that Iran could potentially turn a nuclear bomb into a suicide vest, a claim not grounded in reality.
Vance made the claim during a cabinet meeting while discussing military and diplomatic "options" that the US has regarding the conflict with Iran. He has continued to portray the war as being necessary to prevent Iran from making a nuclear weapon, though there was no...
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May 28, 2026 / Tyler Durden
Bank Of Canada Warns Markets More Vulnerable To Sharp Correction Due To AI Concentration, Basis Trades
Bank Of Canada Warns Markets More Vulnerable To Sharp Correction Due To AI Concentration, Basis Trades
The Bank of Canada said the global financial system has functioned (surprisingly) well through recent global shocks, but underscored the risk of a sharp asset price correction as well as vulnerabilities related to the role hedge funds are playing in debt markets.
The central bank’s 2026 financial stability report released Thursday noted financial asset valuations have continued to rise, while the stock market is increasingly concentrated in a handful of large tech companies that are...
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