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Cuba Plunges Into Second Island-Wide Blackout As Communist System Unravels

Cuba Plunges Into Second Island-Wide Blackout As Communist System Unravels Cuba suffered its second nationwide blackout in a matter of days late Friday, another sign that the communist-controlled island is sliding deeper into economic collapse amid tightening US sanctions and renewed pressure from the Trump administration. Havana blames US "gunboat diplomacy" and the financial sanctions for its economic demise, but the roots of the crisis are decades of communist rule, chronic underinvestment, widespread economic mismanagement and a crumbling power grid. Yet America's Democratic Party is increasingly embracing socialism and communist ideology, a...
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Aug 1, 2026 / Tyler Durden
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May 25, 2026 / Tyler Durden
First Andreessen, Now Goldman CEO Shuts Down AI Job-Apocalypse Doomerism Narrative
First Andreessen, Now Goldman CEO Shuts Down AI Job-Apocalypse Doomerism Narrative Amid the flood of AI doomerism, from Pope Leo XIV's Monday warning that AI and the digital transformation of the economy could unleash "new forms of slavery" and mass job losses, to Bernie Sanders and unhinged socialists calling for a halt to data centers buildouts, a move that would conveniently cede compute power to communists in Beijing, a growing and emerging chorus of dystopian futurists is now trying to frame the AI boom as an existential labor-market crisis rather...
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May 8, 2026 / Tyler Durden
Futures Rebound, Trade At All Time Highs On, What Else: Tech And Iran Optimism
Futures Rebound, Trade At All Time Highs On, What Else: Tech And Iran Optimism US equity futures are higher and just shy of a new record, with technology names leading futures higher ahead of April jobs report, after Trump’s assertion that the Iran ceasefire is still holding despite an exchange of weapons between the US and Iran overnight, and a deep weekly loss for oil help futures regain positive momentum. Markets are higher ahead of NFP data later this morning following yesterday’s very ‘unwindy’ session (High Beta Momo -7.96%, Software vs Semis +5.83%, Power...
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