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$100 Billion & Climbing: Iran War Price Tag Believed Far Higher Than WH Estimates
$100 Billion & Climbing: Iran War Price Tag Believed Far Higher Than WH Estimates
While the Pentagon publicly clings to a $30 billion price tag for its war against Iran, internal Defense Department assessments (unsurprisingly) paint a far more staggering picture: the true cost is rapidly closing in on the $80 billion to $100 billion range, according to NBC News.
The Pentagon's Office of Management and Budget told Congress on June 30 that US military operations against Iran so far is $30 billion: "We’ve spent about $30 billion," OMB Director Russel Vought told...
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May 25, 2026 / Tyler Durden
Corrections Vs Bears: How The Fed Rewired The Market
Corrections Vs Bears: How The Fed Rewired The Market
Authored by Lance Roberts via RealInvestmentAdvice.com,
After three decades of watching market cycles play out from both sides of the trade, I’ve come to a simple conclusion: Wall Street’s love of simple rules is one of the most dangerous aspects of investing. When stocks fall 10%, it’s just a “correction.” However, if they decline 20%, it’s a “bear market.” Simple, clean, repeatable, and printed on every financial media graphic from here to Tokyo. The problem is that the definitions of a correction and bear market have not...
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Jun 23, 2026 / Tyler Durden
These Are The Countries Where $1,000 Takes The Longest To Earn
These Are The Countries Where $1,000 Takes The Longest To Earn
How long would you need to work to earn $1,000? In Colombia, the answer is roughly 86 hours. In Luxembourg and Iceland, it’s just 16.
Using data from the OECD on average annual wages and Our World in Data’s figures for annual working hours, Visual Capitalist's Srijaa Chatterjee created this visualization ranking countries by how long it takes the average worker to earn $1,000.
The figures are expressed in purchasing power parity (PPP)-adjusted dollars, which account for differences in local price levels and make incomes...
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Apr 22, 2026 / Tyler Durden
China Loads Up On US Chip Tools Via Southeast Asia Amid Supply Chain Shift
China Loads Up On US Chip Tools Via Southeast Asia Amid Supply Chain Shift
China's imports of chipmaking equipment from Malaysia and Singapore rose sharply in 2025 to surpass those from the US, which sank to an eight-year low, an analysis by Nikkei Asia has found - even as American companies remain a vital source of advanced tools for the country.
While the Netherlands and Japan remain China's primary foreign sources of critical semiconductor manufacturing machines by shipment origin, imports from the two Southeast Asian countries reached record levels: $5.7 billion...
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