Hand In Hand Toward The Abyss

Bitcoin Tops $72k After Largest Single-Day Crypto Short Liquidation In History Bitcoin surpassed $70,000 for the first time in over two months, propelled by US Treasury Secretary Scott Bessent’s 'Operation Twist'-like move pushing US bond yields (and the dollar) lower followed by a high-stakes meeting President Trump held with crypto industry leaders. “When yields drop and the dollar weakens, risk assets tend to rally, and we’ve already seen Bitcoin move higher on the news,” said Jeff Mei, chief operating officer at BTSE. This morning, bitcoin has extended those gains, tagging $72,000... And Ethereum...

"It Could Be Tomorrow": California's Top Earthquake Expert Sounds Alarm On "The Big One" A new peer-reviewed study found that the fault system running beneath Los Angeles and the Inland Empire is carrying more stress today than at any point in the last millennium, and that a single rupture could tear across both the San Andreas and San Jacinto faults at once. The research, led by Dr. Liliane Burkhard of the University of Bern and published in the Journal of Geophysical Research: Solid Earth, simulated 1,000 years of earthquake cycles on...

How Capitalism Reduces Poverty And Creates Wealth Authored by James T. Moodey via American Thinker, The word capitalism was coined in the 1700s. The definition was vague. It generally meant "private property traded freely" or "free markets." However, most non-totalitarian countries had free markets, and these countries in Europe and elsewhere were not particularly wealthy. Their rural people were paupers living off the land, even in England, France, and the U.S. at our founding. We generally regard capitalism as creating wealth, but free markets are not what created the enormous wealth that...