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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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May 8, 2026 / Tyler Durden
Russia Outraged At Its Ally Armenia For Hosting Zelensky: 'Whose Side Of History Are You On?'
Russia Outraged At Its Ally Armenia For Hosting Zelensky: 'Whose Side Of History Are You On?'
Russia is seething after its Caucasus regional ally Armenia decided to host Ukrainian President Volodymyr Zelensky for a European summit earlier this week.
Moscow is further warning against Yerevan pursuing closer relations with the European Union as well. The Kremlin slammed Zelensky being hosted there, right in Russia's own backward, as "incomprehensible".
Source: Perry-Castañeda Library
"Russian society, with deep indignation and bewilderment, not only saw but remembered that Armenia, which we are used to considering a friendly,...
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Oct 8, 2026 / Tyler Durden
Trump Admin Cracks Down On Foreign Worker Fraud: Bans MSFT From H1-B Program, Probes 9 Colleges Over J-1 Visas, Hikes Costs For Students
Trump Admin Cracks Down On Foreign Worker Fraud: Bans MSFT From H1-B Program, Probes 9 Colleges Over J-1 Visas, Hikes Costs For Students
In the last 24 hours, the Trump administration has announced three major efforts to crack down on foreign worker/student visa fraud.
First, US Vice President JD Vance said on Thursday that the federal government is suspending tech giant Microsoft from a program to apply for green cards for workers who come to the U.S. to live and work using an H-1B visa as it accuses the company of fraud.
“If...
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Mar 30, 2026 / Tyler Durden
Even Erik Prince Warns Iran Will "Burn It Down" - Boots On The Ground Could Mean "Burning American Warships"
Even Erik Prince Warns Iran Will "Burn It Down" - Boots On The Ground Could Mean "Burning American Warships"
Even Erik Prince is warning the Trump administration to exercise extreme caution in Iran - particularly when it comes to boots on the ground.
The founder of Blackwater, whose private military contractors became synonymous with the U.S. quagmire in Iraq, is pushing back hard on current U.S. strategy toward Iran. Prince issued a sobering warning at CPAC last week. Speaking on the “Breaking Stuff and Killing Bad Guys” panel, Prince expressed deep skepticism...
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