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"Doom Loop" Engaged: US Debt Hits $40 Trillion As Treasury Enters The Endgame
"Doom Loop" Engaged: US Debt Hits $40 Trillion As Treasury Enters The Endgame
It took the US 200 years to reach its first $1 trillion in debt. It took 95 days to add its last.
After several weeks of build up, today the Treasury announced that total public debt surpassed $40 trillion for the first time, after jumping by over $60 billion in one day, and has now surged by $1 trillion in just over three months, and by a third of the total in less than five years, as US lawmakers...
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Mar 23, 2026 / Tyler Durden
Palantir Seen On "Golden Path" As Pentagon Moves To Make Maven Battlefield System A Program Of Record
Palantir Seen On "Golden Path" As Pentagon Moves To Make Maven Battlefield System A Program Of Record
Palantir shares gained 4% by early afternoon trading after Reuters reported over the weekend that the Department of War plans to designate its Maven artificial intelligence system as an official program of record. Wall Street views this report as a bullish catalyst and a meaningful validation of Palantir's long-term role in military command-and-control AI software.
Reuters cited a letter from Deputy Secretary of Defense Steve Feinberg to DoW heads earlier this month that...
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Sep 23, 2026 / Tyler Durden
Iraqi PM Sets New June 2027 Deadline To Disarm Resistance Factions
Iraqi PM Sets New June 2027 Deadline To Disarm Resistance Factions
Authored by News Desk via The Cradle,
(Photo credit: AFP)Iraqi Prime Minister Ali al-Zaidi announced a June 2027 deadline for the disarmament of the country's resistance factions in comments released on 21 September, extending a previous deadline which had been set for the end of this month.
Iraq PM sets June 2027 deadline to disarm armed militias
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Iraq’s Prime Minister Ali al-Zaidi has pledged to disarm the country’s militias by June 2027, outlining the phased plan for the first time in an...
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May 5, 2026 / Tyler Durden
Dell Board Unanimously Backs Redomiciliation To Texas As Delaware Exodus Accelerates
Dell Board Unanimously Backs Redomiciliation To Texas As Delaware Exodus Accelerates
Dell Technologies' Board of Directors unanimously approved a proposal to move the company's state of incorporation from Delaware to Texas. This adds to the growing trend of redomiciliation, with companies such as Tesla, SpaceX, Neuralink, Coinbase, Affirm, TripAdvisor, eXp World Holdings, and others moving from Delaware to business-friendly states.
Shareholders will vote on the redomiciliation at Dell's upcoming 2026 annual meeting on June 25. "The proposed redomestication would align Dell Technologies' state of incorporation with its roots and long-standing center...
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