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The UK's Latest "Debanking" Scandal Should Give Everyone Pause
The UK's Latest "Debanking" Scandal Should Give Everyone Pause
Authored by Nick Corbishley via NakedCapitalism.com,
UK-based readers may recall the moment almost exactly three years ago when the word “debanking” entered the mainstream British English lexicon. The prestigious London-based private bank Coutts had just decided to close Nigel Farage’s bank account due to his unsavoury political views and alleged Russian connections. That decision turned out to be very costly.
Almost immediately, Farage did what Farage does best: he whipped up a massive media frenzy. In next to no time two senior banking...
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Jun 26, 2026 / James Bovard
Do I Look like a ‘Radical Left Lunatic’ Vandal?
I blundered on Saturday by failing to check the latest updated terrorist profile before visiting Washington, DC. How was I to know that National Guard troops would be on the lookout for 60ish bicyclists who are too damn curious about algae? I went riding around downtown Washington to check the latest Trump administration efforts to […]
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Jun 21, 2026 / Dave DeCamp
Trump Issues Threats Against Iran and Its Negotiators During Switzerland Summit
President Trump on Sunday issued new threats against Iran and its negotiators as US and Iranian officials were in Geneva, Switzerland, for the first round of talks under the US-Iran Memorandum of Understanding. Speaking to Fox News reporter Trey Yingst, President Trump claimed that he spoke with Iranian officials overnight and told them: “You close […]
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Jun 22, 2026 / Tyler Durden
Nadella's Hedge: Microsoft Wants To Make AI Models Cheap - Then Own The Rails They Run On
Nadella's Hedge: Microsoft Wants To Make AI Models Cheap - Then Own The Rails They Run On
The entire AI capital cycle - roughly $700 billion in hyperscaler capex this year, an estimated $2 trillion-plus through 2028 - is collateralized by one belief: that intelligence is scarce, and therefore priceable. That belief is already under strain. Per-token inference prices have fallen on the order of 200× in a year, and the only thing holding revenue up is volume; the cost of intelligence is dropping even as the cost of deploying...
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