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America Looks Richer Than Ever. What Happens When The Fed's Asset Bubble Bursts?

America Looks Richer Than Ever. What Happens When The Fed's Asset Bubble Bursts? Authored by David Stockman via InternationalMan.com, It is now abundantly obvious that the FOMC and its clumsy rate-pegging and credit printing tools are not remotely fit for purpose. The real impact is dramatically displayed in the graph below. It shows that after 1987 the growth rate of household assets relative to earned income (i.e. excluding transfer payments) took off like a bat out of hell. Indeed, as shown in the graph during the heyday of the 1950s through 1987, the...
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Jul 21, 2026 / Tyler Durden
This Sex Robot Is Going To 'Teach' Your Kids In Schools
This Sex Robot Is Going To 'Teach' Your Kids In Schools Authored by Steve Watson via Modernity News, A rural New York school district on the Seneca Nation reservation is set to become one of the first in the United States to place a lifelike humanoid robot in front of high school students. Starting this fall, Salamanca High School will introduce "Sally," an M-Series robot built by Realbotix, to assist in coding, robotics, and AI classes for 11th and 12th graders. Sally comes with brown hair, silicone skin, a Western New York...
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Sep 21, 2026 / Tyler Durden
Big Tech's Next AI Battleground Is Your Face, Loop Capital Says
Big Tech's Next AI Battleground Is Your Face, Loop Capital Says Smartglasses are set to be the "next major computing platform," according to Loop Capital analysts, as Meta currently leads the space, with Google, Samsung, Apple, and SNAP preparing their own AI-powered eyewear. Loop Capital analyst Rob Sanderson wrote in a note on Sunday that an "inflection point" has arrived for smart glasses, which are "transitioning from wearable camera accessories to what is becoming a primary hardware interface for conversational AI." Sanderson and analyst Anthony Chukumba spoke with wearable-tech executive Jon Li...
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Mar 28, 2026 / Tyler Durden
Russia Warns Situation At Bushehr Nuclear Plant Deteriorating After 3rd Airstrike In Ten Days
Russia Warns Situation At Bushehr Nuclear Plant Deteriorating After 3rd Airstrike In Ten Days On Friday Iran informed the International Atomic Energy Agency that Bushehr nuclear power plant was struck by US-Israeli attacks for the third time since the start of the war. At the same time, the head of Russia's state nuclear corporation Rosatom has confirmed that the situation continues to deteriorate; however, there's as yet been no damage to the operating reactor and no release of radiation reported. It was the third strike in just ten days. The Kremlin has newly accused...
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