F-35 Stealth Jet Suffers "Mishap" At San Diego Airbase

Saudi Arabia Could Use Trump Deal To Get A Nuke: Intel Assessment A classified US intelligence assessment's conclusions have been reported in The Washington Post at the end of this week, and the report says that Saudi Arabia has not ruled out developing nuclear weapons. The report comes as Congress is scrutinizing President Trump's controversial nuclear cooperation agreement with Riyadh, which was signed by Energy Secretary Chris Wright in July. The classified intel has not been released by the Post - but the publication says the assessment was presented to Congress as part of the...

Have We Really Learnt The Lessons Of The GFC? Authored by Richard Ryan via BondVigilantes.com, It is 20 years ago this month that I sat in a pitch and listened to an investment bank describe their latest stroke of genius. In 2006, the Constant Proportion Debt Obligation (CPDO) was hailed as a financial innovation that appeared to offer something for nothing: a AAA-rated security paying a meaningful premium over cash. It was a structure that increased leverage as credit markets weakened. Investors embraced it because the future seemed visible. Credit spreads had been...

Things Get Interesting-er Authored by James Howard Kunstler, “It is one thing for the people (of Iran) to be ruled by globally feared autocrats armed to the teeth, but quite another to be governed by humiliated, now impotent incompetents and buffoons.” - VDH Wednesday the US / Iran ceasefire expires. It has been an interesting two weeks. The US used it to negotiate an end to hostilities, resupply our ships in the Arabian Sea, do maintenance on our ships and warplanes, dismantle Iran’s banking conduits, and blockade Hormuz to shut down the...