Greenspan: The Great Opportunist

Kamal Kharazi, an 81-year-old advisor to the Iranian government and former Iranian foreign minister, was severely wounded by a US-Israeli strike on his home on Wednesday that killed his wife, Iranian media has reported. Kharazi, chairman of Iran’s Strategic Council on Foreign Relations, was seen as a potential negotiator and, according to Iranian officials speaking […]

Is The AI Spending Boom Creating A Depreciation Time Bomb? Via City AM, Big Tech's AI spending has exploded, with Google, Microsoft, Amazon, and Meta collectively investing hundreds of billions of dollars in infrastructure. Rapid technological change may shorten the economic life of AI servers and GPUs, increasing depreciation and replacement costs. The long-term profitability of AI will depend not only on demand growth but also on whether companies can justify the enormous ongoing capital requirements. The eye-watering capital expenditure plans of Big Tech has been one of the year’s biggest stories.  Google, Meta, Amazon, and...

Donald Trump, by his Epstein class donors and key Zionist (Israel First) advisors, his revised cabinet appointments and his rhetorical public statements over the past year and a half year since the election, has demonstrated his true colors: he is a reactionary throwback, an old-school corporate liberal, an Ur-Progressive in the mold of Herbert Croly […] The post It is Time to Cut Out All Pretense, Masquerades, or Duplicitous Illusions– Donald Trump is a Fascist appeared first on LewRockwell.